Canada markets closed

Victory Square Technologies Inc. (VST.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
Add to watchlist
0.6900-0.0900 (-11.54%)
At close: 3:59PM EDT
Full screen
Previous Close0.7800
Open0.8000
Bid0.6800 x 0
Ask0.7000 x 0
Day's Range0.6700 - 0.8300
52 Week Range0.0500 - 1.1000
Volume3,636,926
Avg. Volume1,589,565
Market Cap52.289M
Beta (5Y Monthly)2.16
PE Ratio (TTM)N/A
EPS (TTM)-0.0060
Earnings DateDec. 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Victory Square Technologies Portfolio Company V2 Games Acquires Techstars 2019 Alumni Company “GameOn”

    GameOn makes it easier, faster and safer to get in the game through free play prediction games for the everyday fan, with real cash prizes. * Alumni of one of the world’s leading accelerators, Techstars, as well as the Comcast NBCUniversal LIFT Labs program. * Distribution partnership with Comcast, delivering live prediction to bars and homes nationwide. * White-label partnership with NBCUniversal, building partner-branded prediction games for reality TV programming. * Winner of The Players' Impact NBA All-Star Pitch Contest.VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) -- V2 Games Inc. (“V2 Games” or the "Company") – a portfolio company of Victory Square Technologies Inc. ("Victory Square") (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that it has acquired the assets and IP of GameOn App Inc. (“GameOn”) in an all-stock transaction. V2 Games will issue Shares to the GameOn shareholders at a price of C$0.25 per V2 Games Share with 12 months hold.V2 Games is a video and mobile game ventures firm focusing on royalty investments in high-value gaming projects featuring globally-recognized intellectual properties. The company generates cash flow by streaming revenue share from recognizable gaming projects. Examples of these projects include: Pacific Rim: Breach Wars, Rune: Ragnarok, Men In Black and Hello Kitty. V2 Games previously developed the hit mobile game PAC-MAN Bounce, which got over 20 million downloads.GameOn is a leading-edge gaming company providing consumers, broadcasters, sportsbooks, venues and brand partners with interactive, social experiences around sports, television and live events. GameOn drives engagement and revenue through its suite of proprietary mobile and TV technologies, changing the way fans compete, watch and win through free and frictionless prediction games. GameOn builds unprecedented engagement through localized gameplay, peer-to-peer functionality, leaderboards and cash prizes, accessed on mobile, television and OTT platforms. GameOn App is currently available in all leading app stores.GameOn has entered into a distribution partnership with Comcast to deliver the GameOn-branded sports prediction experience to homes and hospitality venues across the United States. Additionally, GameOn has secured a white label partnership with NBCUniversal to build their prediction products for programming including reality TV and sports. GameOn also plays a key cog in the sports betting wheel through affiliate partnerships and licenses with key global sports betting operators.“Through exclusive and strategic partnerships with leaders like Comcast and NBCUniversal, GameOn is laying a path to reach millions of Americans with real-time predictive gaming experience, while watching their favorite events live. We’re pushing the boundaries as to how to get in the game, for what verticals and on what platforms.  What we're building is truly a game changer and our potential is unlimited,” said Matt Bailey, V2 Games new CEO. Bailey continued, “Our newly formed company has taken the lead on the next form of interactive television and gaming experiences in the marketplace.”Bailey has over a decade of experience, including executive roles with BSE Global - the owner of the Brooklyn Nets and Barclays Center - as well as CSM Sport & Entertainment, leading client accounts such as the Harlem Globetrotters. Bailey has developed revenue-generating partnerships with key brands including Ford Motor Company, T-Mobile, Burger King and Vita Coco, and was featured in Forbes magazine.“I'm so excited to join the V2 family as its CEO. I can't wait to work with the team to continue building amazing products for our fans and partners, and drive revenues to our bottom line,” said Bailey. “I look forward to developing our business globally and leading our team as we take V2 Games public in the fourth quarter of this year.”‘This acquisition will enable V2 Games to grow by expanding its offerings, creating strategic relationships and new revenue streams in the marketplace,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square. “GameOn’s outstanding team, technology and partners put our new company in an excellent position to capitalize on a booming gaming and sports betting market by offering unmatched products in the comfort of your own home,” said Tejani.  V2 Games will be adding key Advisors to the company. Combined, they have over 75 years of expertise in the sports, gaming, analytics, and marketing sectors.  This impressive group of industry leaders combines a key depth and breadth of expertise ready and able to assist the company with its key growth strategy. The advisory board includes a highly sought after Game Changer award winner, a sport brand leader, a technology expert, and a preeminent gaming advisor.“I’m pleased to welcome an elite team of successful and trusted professionals to our advisory board who will guide us toward unprecedented growth and value for our stakeholders,” said Bailey. They include: * Shauna Griffiths, SLG Impact and Sports Business Journal Game Changer * Uli Becker, former President of Reebok * Michael Vorhaus, prominent gaming Investor and AdvisorCheck out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.On behalf of the board,Shafin Diamond Tejani Chief Executive Officer Victory Square TechnologiesFor further information about the Company, please contact:Investor Relations Contact – Alex Tzilios Email: alexandros@victorysquare.com Telephone: 778-867-0482Media Relations Contact – Howard Blank, Director Email: howard@victorysquare.com Telephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST's sweet spot is the cutting-edge tech that's shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startupsVST isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you'll scale and be ready to monetize.What we do differently for investorsVST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they're unicorns.Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

  • GlobeNewswire

    Victory Square Provides Corporate Update on the Strong Performance of Portfolio Companies

    * Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. * 20+ portfolio companies that represent pillars of the future economy: digital health and diagnostics, artificial intelligence (AI), machine learning (ML), augmented and virtual reality (AR and VR), internet of things (IOT), cyber security, blockchain and more. * VST ended the quarter with a strong balance sheet with $1,683,991 in cash and cash equivalents. The Company also has access to a $10,000,000 convertible note for operational and growth capital.VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that builds and invests in cutting-edge technology that is shaping the 4th Industrial Revolution, today provided a corporate update on the strong performance of its portfolio companies.During the first half of 2020, VST’s portfolio companies achieved significant milestones in terms of revenue growth, product development, and customer acquisition. “We were founded to give investors ground-floor access to the next generation of unicorn technology companies, before they’re unicorns,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “This is as much a priority today as it was 20 years ago. As big tech has surged during the pandemic, so many investors have been left on the sidelines, lamenting the inability to get in earlier on Amazon, Facebook, Alphabet and other tech giants. Our mission remains to democratize this kind of access to tech’s next big thing.”Victory Square’s portfolio consists of companies powering the 4th Industrial Revolution, the wholesale transformation of society brought about by connected, digital technologies. Our businesses are not built around short-term plays or fleeting trends. 20+ portfolio companies that represent pillars of the future economy: digital health and diagnostics, artificial intelligence (AI), machine learning (ML), augmented and virtual reality (AR and VR), internet of things (IOT), cyber security, blockchain and more. The current crisis has already validated and accelerated many of the verticals and technologies that Victory Square invests in.Here Are Some Highlights on 15 of Our Portfolio Companies:Victory Square Health Inc. (Vertical: Digital Health, Diagnostics) Victory Square Health Inc. was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest took advantage of its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.Highlights: * Safetest Covid-19™ test enables the user to verify whether they are currently infected, have been infected or have never been infected with Covid-19. * Victory Square Health received US FDA permission to commence marketing, sales and distribution of Safetest Covid-19 Antibody Elisa Test under EUA. * Victory Square Health received Anvisa approval for Sale & Use of Safetest Covid-19 Antibody Elisa Test for the Country of Brazil. * First company to be approved in the Ideiagov program supported by the São Paulo State Government for immediate trials and application in the State. * Victory Square Health received CE from EU competent authority of Belgium for Safetest Elisa antibody test for distribution, sale, and usage throughout the 27 countries in the European Union. Immersive Tech (Vertical: VR/AR/MR) Immersive Tech designs, programs, builds and installs immersive and engaging experiences for some of the world’s leading companies for a variety of purposes such as brand engagement, revenue generation, and corporate training. Through a blend of video game development, theme park engineering and the latest VR/AR/MR technologies, the company has amassed a portfolio of global brands.Highlights: * Recently completed new projects with three large multinational corporations (Capital One, Bayer, BioMérieux). * Won the 2019 Startup Canada High-Growth Entrepreneurship category. * Immersive new product presents the ultimate 5D experience that is 100% portable and brings major returns to the operator. Step inside a fully immersive AR experience as guests board Covid-19 safe teams as they are transported to one of over a dozen AR custom experiences including: Tourism attractions, Haunted Halloween, Santa’s village, The Temple of Doom, Peter’s Easter Land, The Sahara Desert, Commercial Events and Tradeshows and many more! * Aiming for a direct listing by Q4 2020/Q1 2021.FansUnite Entertainment Inc. (Vertical: Sports Betting, eSports, Gaming) FansUnite Entertainment Inc. (“FansUnite”) is a sports and entertainment company, focusing on technology related to regulated and lawful online gaming in sports, esports and casino. In addition to providing underlying technology, FansUnite operates multiple growing B2C brands. FansUnite adds value by acquiring and growing its gaming portfolio with high growth assets in new or developing markets.Highlights: * Completed two financings totalling $8.3 million, with an oversubscribed brokered private placement led by Canaccord Genuity. * Acquisition of Askott Entertainment, a leading esports betting technology platform. * Acquisition of Mcbookie, a U.K. based sports book that has generated over $340M CAD in betting volume since inception. * Partnered with US based GameCo LLC to bring Askott technology into the US market.CoPilot Advisor (Vertical: Automation, Artificial Intelligence) CoPilot Advisor uses cutting edge A.I. technology to help sales teams automatically target qualified prospects on social media, initiate one-to-one conversations, and surface timely sales opportunities without requiring any “content marketing,” spam emails, or any advertising.Highlights: * 150% YOY growth over the past 12 months. * Clients include: MassMutual, Merrill Lynch, UBS, and New York Life, and more. * Finalist for the 2019 Technology Impact Awards for Company of the Year – Startup Success.V2 Games Inc. (Vertical: Mobile Gaming, eSports) V2 Games is a video and mobile game ventures firm focusing on royalty investments in high-value gaming projects featuring globally-recognized intellectual properties. The company generates cash flow by streaming revenue share from recognizable gaming projects.Highlights: * Projects include: Pacific Rim: Breach Wars, Rune: Ragnarok, Men In Black and Hello Kitty. * V2 Games previously developed the hit mobile game PAC-MAN Bounce, which got over 20 million downloads. * Aiming for a direct listing by Q4 2020/Q1 2021.Taloflow.ai (Vertical: Cloud Infrastructure, Cloud Management) Taloflow’s prediction engine reveals the cost of every cloud process in real-time, it’s an AI autopilot for cloud resource management that saves companies up to 40% on Amazon Web Services (“AWS”). Investors include: Victory Square Technologies; Plug and Play Ventures; Scott Belsky, Venture Partner at Benchmark; Ian Wong, Co-founder of Opendoor; David Tedman, co-founder of Hootsuite and Invoke; Ross Wightman, founding engineer of Avigilon; and John Seely Brown, Co-Chairman of Deloitte Edge.Multapplied Networks (Vertical: SD-WAN)  Multapplied Networks Inc. develops and sells a proprietary Software-Defined Wide Area Network (“SD-WAN”) platform that Cloud and Managed Service Providers white-label and run in their infrastructure to improve visibility and control over end-customer experiences of their hosted, managed applications and drive customer acquisition, retention and brand. Monthly recurring revenue has increased 12% from FY2019.Shape Immersive (Vertical: Augmented Reality, 3D Ecommerce) Shape Immersive creates the value layer of spatial computing for the world’s top retailers and ecommerce brands. Our 3D commerce solution helps our customers increase conversion rates, drive more sales and reduce return rates with 3D and augmented reality technology. Clients include: Nike, Amazon, Lululemon, Disney, Intel, Red bull, TED, Uniqlo.Aspen Technologies (Vertical: Cybersecurity) Aspen is pioneering a cyber security offering for the new Work-From-Home (WFH) Covid-19 business world. Aspen delivers entrepreneurs and business professionals a way to ensure maximum productivity while collaborating through the cloud with colleagues, partners and customers.Grow Tech Labs (Vertical: Plant-based Science) GTL is a Plant-Based Science company focused on the R&D of cannabis and psychoactive compounds from both plant-based compounds and fungi as well as the development of skin products from plant-based derivatives.Covalent (Vertical: Fintech) Covalent is solving a large infrastructure problem that is inhibiting blockchain adoption. Fixing these problems will exponentially increase access to and adoption of distributed blockchain technologies for enterprise and consumer use cases.Victory Square Entertainment (Vertical: Film, TV, Digital Content) VSE was established to strengthen the VST presence in film, TV and other digital related content. VSE has three main areas of focus, script development, financing and production. Since inception, VSE has financed and produced three films which include Dragged Across the Concrete featuring Mel Gibson and Vince Vaughn, What They Had featuring two time academy award winner Hillary Swank and The Opening Act featuring Jimmy O. Yang, Cedric the Entertainer and Ken Jeong. CloudAdvisors (Vertical: Insurance Tech) CloudAdvisors is one of the top InsurTech solutions in North America, powering the next-generation of Employee Benefit Advisors. CloudAdvisors connect insurance advisors with marketplace data and the best tools in a secure digital platform for an enhanced client experience. Through digital client management, on-demand insights, automated reporting, governance and compliance, CloudAdvisors create an accessible and intelligent robo-advice assistant for better insurance advice.Compression.AI (Vertical: Artificial Intelligence, Machine Learning) Accelerating businesses’ digital experiences, Compression AI utilizes its proprietary neural networks to tailor compression algorithms to each and every input resulting in compressed data sizes as little as 10% of the originals. This results in non-terrestrial, agriculture, energy and manufacturing gaining the ability to rapidly assess, audit and act on oceans of data to improve their business competitiveness.VS Digital Health Inc. (Vertical: Digital Health, Diagnostics Distribution) A 360-degree healthcare offering smart, connected devices, at-home diagnostic tests, personalized digital guidance and monitoring, 24x7x365 access to health care professionals, and prescription delivery. The mission for the company is to make it easier for people with chronic conditions to stay healthier. VS Digital Health has an exclusive distribution right for all Victory Square health’s diagnostic tests in North America, Europe, Middle East, India, Malaysia and Indonesia.Finally, VST integrates a strong ESG (environmental, social and corporate governance) component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We also have an explicit philanthropic mandate to support vulnerable youth in securing access to education, healthcare housing and nutritious food. Over the years, VST has donated more than 10,000 volunteer hours and helped raise more than $88 million in support of these causes.Victory Square will continue to update shareholders on all significant advancements of portfolio companies through upcoming press releases and the company’s official website.Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com/newsletter.Disclaimer:The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.On behalf of the board,Shafin Diamond TejaniChief Executive OfficerVictory Square TechnologiesFor further information about the Company, please contact:Investor Relations Contact – Alex TziliosEmail: alexandros@victorysquare.comTelephone: 778-867-0482Media Relations Contact – Howard Blank, DirectorEmail: howard@victorysquare.comTelephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startupsVST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.What we do differently for investorsVST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they’re unicorns.Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

  • GlobeNewswire

    Victory Square Technologies Portfolio Company Receives Approval for Sale and Use of Safetest Covid-19 Antibody Test for the European Union

    * Victory Square Health received CE from EU competent authority of Belgium  for Safetest ELISA antibody test for distribution, sale, and usage in the European Union * Safetest Covid-19™ test enables the user to verify whether they are currently infected, have been infected or have never been infected with Covid-19 * This approval now enables Victory Square Health to distribute throughout the 27 countries and 446M inhabitants which make up the European Union * Victory Square Health received FDA permission to sell and market on August 14 and received Anvisa approval for Sale & Use of Safetest Covid-19 Antibody Test for the Country of Brazil on September 8.VANCOUVER, British Columbia, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Victory Square Health Inc. (“VS Health” or the "Company") – a portfolio company of Victory Square Technologies Inc. ("Victory Square") (CSE:VST) (OTC:VSQTF) (FWB:6F6) announced today that it was granted EU declaration of conformity which indicates that a product complies with all the requirements of European IVDD (in-vitro diagnostic device) legislation. The CE designation allows the company to commence  marketing, sales and distribution for its Safetest ELISA Covid-19 assay for detecting the antibodies IgG and IgM against SARS-CoV-2, until May 2022. VS Health’s Safetest Covid-19 IgG /IgM has demonstrated to the U.S. FDA & Brazilian authorities  93.3%  sensitivity and 98.7% specificity. As of September 10, 2020 the EU & EEA saw 2,476,000 Covid-19 cases and 183,479 deaths from Covid-19.The Company is focused on rapid production expansion combined with navigating key distribution channels and sales agreements in the European Union countries and beyond. The Company is actively pursuing additional manufacturing capabilities to meet the demand with approvals from countries in the EU, South America, the USA and beyond.                                   "Our ongoing mission is to help the global community curb the spread of Covid-19 by delivering the best tests in the market," said Felipe Peixoto, CEO of VS Health.  “This approval from the European Union now allows us to expand our sales and distribution reach of our Safetest suite of tests throughout the EU,” said Peixoto. Peixoto continued “The Company will immediately look for manufacturing capabilities in the EU to meet the strong demand.”The antibody data provided by VS Health’s Safetest Covid-19 IgM/IgG Elisa test kit covers both immunoglobulins type M (IgM) and G (IgG). When IgM antibodies are present, they can indicate that a patient has an active or recent infection with SARS-CoV-2. When IgG antibodies are present, it indicates past infection and exposure. The company has successfully completed the CE marking which indicates that a product has been assessed by the manufacturer and deemed to meet EU safety, health and environmental protection requirements. It is required for products manufactured anywhere in the world which are then marketed in the EU.According to EU recommendations, timely and accurate Covid-19 laboratory testing is an essential part of the management of Covid-19 for slowing down the pandemic, supporting decisions on infection control strategies and patient management at healthcare facilities, and detecting asymptomatic cases that could spread the virus further if not isolated.“Based on our outreach and discussions, the demand for this critical test from distributors around the world is very high,” said VS Health’s CEO Peixoto. Peixoto continued “VS Health is poised to meet the growing need from countries focused on detection and reducing the potential curve with the second wave this Fall. We are confident that our exclusive suite and capabilities of our products will meet the increasing EU demand during this Pandemic,” said PeixotoElisa Safetest Covid-19 antibody test results are crucial for developing a clear understanding of the immunity thresholds and characteristics of infected individuals. High sensitivity antibody tests provide detailed profiles of populations and individuals. This information helps to accelerate the development of vaccines and provides crucial insight into natural immunity and potential thresholds if they exist. This information will get people back to work, school and normalcy faster and safer.“We are poised to meet the extensive distribution demands these approvals provide us in the EU, Brazil, the USA and other countries as we rapidly ramp up our key relationships and supply channels,” said Shafin Diamond Tejani, CEO of Victory Square. “The exclusive test has demonstrated excellent reliability through valid data, and we are ready and able to meet the increasing demand globally for our quick, cost-effective and reliable Safetest products to contribute to the global fight against the pandemic.”The Company is currently engaging various industries including but not limited to retail, hospitality, pharmaceutical, correctional facilities, casinos, sports, border services, education, transportation,  military, Government  and more.VS Health was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest took advantage of its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.EU & EEA Member countries with combined population of 446,824,564: * Austria * Belgium * Bulgaria * Croatia * Republic of Cyprus * Czech Republic * Denmark * Estonia * Finland * France * Germany * Greece * Hungary * Ireland * Italy * Latvia * Lithuania * Luxembourg * Malta * Netherlands * Poland * Portugal * Romania * Slovakia * Slovenia * Spain * Sweden                   Disclaimer:The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this timeCheck out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.On behalf of the board,Shafin Diamond TejaniChief Executive OfficerVictory Square Technologies Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.For further information about the Company, please contact: Investor Relations Contact – Alex Tzilios Email: alexandros@victorysquare.com  Telephone: 778-867-0482Media Relations Contact – Howard Blank, Director Email: howard@victorysquare.com  Telephone: 604-928-6066ABOUT VICTORY SQUARE TECHNOLOGIES INC.Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.VST's sweet spot is the cutting-edge tech that's shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.What we do differently for startups VST isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you'll scale and be ready to monetize.What we do differently for investors VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).For investors, we offer early-stage access to the next unicorns before they're unicorns. Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.Forward Looking StatementThis news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.