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Versatile Systems Inc.

09:54 AM EST - Versatile Systems Inc. : said its fourth-quarter net earnings were $383,392 U.S. versus a loss of $362,043 U.S. in the prior year period. Comprehensive income for the latest quarter was $502,113 U.S. compared with a loss of $362,273 U.S. a year earlier. Earnings per share remained unchanged at breakeven for the recent quarter of 2009. Sales for the fourth quarter of 2009 declined to $11.61 million U.S. from $13.72 million U.S. in the comparable period last year. Versatile Systems Inc. shares V.VV are trading down $0.005 at $0.14.