Privacy Policy

Last Revised: September 6, 2023

Thank you for joining the community at Versatus Labs Inc. (“Versatus”, “we” “our” or “us”). We recognize the importance of protecting your personal information and the privacy of the information that we may receive from our users. This Privacy Policy applies to all personal informaiton collected through our platform, including versatus.io (the “Site”). For the purposes of this Privacy Policy, users (“user”, “you” or “your”) include anyone who accesses the Site and Versatus’ front-end, including all the products, services, tools and information made available on the Site (the “Services”).

When you access the Site, you trust us with your personal information. This Privacy Policy describes the information we collect from users, how we may use it and with whom we may share that information, the safeguards we use to protect such information and the choices you may make with respect to your personal information. By using the Services, you consent to our use of your information in accordance with this Privacy Policy. We will not use or share your personal information with anyone except as described in this Privacy Policy.

The information contained in this Privacy Policy is very important, please read it carefully. The Privacy Policy is here for you to help make you informed decisions regarding the sharing of your personal information with us. Please feel free to contact us at info@versatus.io) with any questions or concerns about the Privacy Policy or our practices with respect to your personal information.

Contents

1. Information We Collect

2. Cookies and Similar Technology

3. Use of Information We Collect

4. Disclosure of Personal Information

5. Your Privacy Choices

6. Retention

7. Security

8. Children’s Privacy

9. Links to Third-Party Sites

10. Your Choices and Opt-Outs

11. Cross Boarder Transfers

12. Changes

13. Information We Collect

We collect information you provide directly to us. We have constructed the Site so that you may review certain information about our Services, without revealing your identity or volunteering any personally identifying information. If you choose to contact us, request information, inquire about a service, or otherwise, however, we will collect personally identifiable information from you. This information may be combined, to provide you with the information or service you request and to ensure that we maintain complete, current and accurate personal information.

In order to receive information from the Site about our Services, you may be required to provide us with certain information, including, for example, your name, email address, telephone number, postal address, credit card and other payment information, and any other information you choose to provide. Failure to provide such data may make it impossible for us to provide you with the requested information or service.

We may collect technical data from you, such as your device’s internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform and other technology on the devices you use to access the Site or use our Services.

We may also collect, use and share aggregate and/or de-identified data (“Aggregated Data”) about users such as statistical or demographic data for any purpose. Aggregated Data may be derived from your personally identifiable information, but once in aggregated form it will not constitute personally identifiable informaion as this data does not directly or indirectly reveal your identity. However, if we combine or connect Aggregated Data with your personally identifiable information so that it can directly or indirectly identify you, we treat the combined data as personally identifiable information which will be used in accordance with this Privacy Policy.

In addition, we may collect personally identifiable information from different sources, such as: our affiliates, our service providers, or our affiliates’ service providers; public websites or other publicly accessible directories and sources, including bankruptcy registers, tax authorities, governmental agencies and departments, and regulatory authorities; and/or from credit reporting agencies, sanctions screening databases, or from sources designed to detect and prevent fraud or financial crimes. The relevant source may be responsible for obtaining the relevant consents from you (where applicable) to ensure you are happy with the ways in which your personally identifiable information will be used.

2. Cookies and Similar Technologies

The Site and our Services may deploy cookies. A cookie is a unique text file that a website sends to your browser software. Cookies enable a website to tailor information presented to you based on your browsing preferences.

We use the following types of cookies for the purposes set out below:

• Functionality Cookies: These cookies allow our Site to remember choices you make when you use our Site, such as remembering your login details and remembering the changes you make to other parts of our Site which you can customize. The purpose of these cookies is to provide you with a more personal experience and to avoid you having to re-enter your preferences every time you visit our Site.
• Analytics and Performance Cookies: We web analytics tools that may include Google Analytics and other similar services that help us understand how users engage with our Site. Like many services, Google Analytics uses first-party cookies to track user interactions as in our case, where they are used to collect information about how users use our Site. This information is used to compile reports and to help us improve our Site. The reports disclose website trends without identifying individual visitors.

In addition, we may add the following cookie types in the future:

• Essential Cookies: These cookies are essential to provide you with services available through our Site and to enable you to use some of its features. For example, they allow you to log in to secure areas of our Site and help the content of the pages you request to load quickly. Without these cookies, the Services that you have asked for cannot be provided, and we only use these cookies to provide you with those services.

You can typically reset your web browser to refuse all cookies or to notify you when a cookie is being sent. In order to do this, follow the instructions provided by your browser (usually located within the "settings", "help" "tools" or "edit" facility). Many browsers are set to accept cookies until you change your settings.

If you do not accept our cookies, you may experience some inconvenience in your use of our Services and some features of the Service may not function properly. For example, we may not be able to recognize your computer or mobile device and you may need to log in every time you visit our Services.

Further information about cookies, including how to see what cookies have been set on your computer or mobile device and how to manage and delete them, visit www.allaboutcookies.org and www.youronlinechoices.com.

Do Not Track Signals: We do not currently respond to web browsers' "do not track" signals that provide a method to opt out of the collection of information about users' activities on the Services and on other websites. If we do so in the future, we will provide relevant information in this Privacy Policy.

3. Use of Information We Collect

We may use personally identifiable information or Aggregated Data for various purposes. Most commonly, personally identifiable information or Aggregated Date will be used for administering and enabling use of the Site, including, but not limited to:

• Communications via email or physical addresses, or phone number provided by you, notification regarding the Site, such as any future amendments to its privacy practices or this Privacy Policy;

• Providing, updating, and maintaining our Services, including registering you as a user, managing your account and profile, and authenticating you when you log in;

• Ensuring all users follow our Terms and other rules and policies;

• Banning a user temporarily or permanently for failure to follow our Terms, rules and policies, or for other misconduct or inappropriate behavior;

• Responding to questions and comments from users;

• Enabling users to receive newsletters, updates, and other materials related to us;

• Monitoring and analyzing the Site (including, but not limited to, measuring users’ interest in, and use of, various areas of the Site);

• Improving the functionality, design and quality of the Site;

• Performing the technical administration of the Site;

• Investigating cases of suspected abuse or fraud;

• Preparing statistical and other summary analyses of our users’ behavior; and

• Any other purpose that we determine at our discretion is related to the use, advertising, marketing, promotion or other of our, or the Site’s legitimate purposes (Collectively, “Our Purposes”).

Information You Provide Through the Site

We will utilize personal identifiable information you provide us through the Site for the purpose for which you submitted it to us, or any of Our Purposes. By voluntarily providing us with your personally identifiable information, you are consenting that we may use your personally identifiable information in accordance with this Privacy Policy.

We do not collect or maintain personally identifiable information for resale purposes or share your information with any other company or organization, except as indicated herein or to the extent such other company or organization is acting as our agent for purposes of communicating with you by mail, email, or otherwise. In addition, we will not send promotional materials to users who indicate that they do not wish to receive such messages.

4. Disclosure of Personal Information

We do not rent, sell, or share your personally identifiable information with third-parties except as described in this Privacy Policy. We may share your personal information with our carefully selected vendors, third-party service providers and agents where it is necessary for Our Purposes. These parties may include web analytics service providers, such as Google Analytics, for web analysis purposes.

We will provide these entities only with the information they need to deliver the service we have requested, and only those entities who are prohibited from using that information for any other purpose.

We may also share personally identifiable information when we believe it is necessary to:

• Comply with applicable law or respond to valid legal process, including from law enforcement or other government agencies. We cooperate with government and law enforcement officials and private parties to enforce and comply with the law. We may, without providing notice to you, disclose any information about users, including personally identifiable information, to government or law enforcement officials or private parties where we are required to do so by law, including, but not limited to, in response to a court order or subpoena. We may also, without providing notice to you, disclose personally identifiable information in response to a request by a law enforcement agency or other public agency or if we believe such disclosure may prevent or mitigate the threat of crime or harm to users or others, facilitate an investigation related to a user’s safety or public safety, protect the security or integrity of our Site, or enable us to take precautions against liability;

• Store or process personally identifiable information on our behalf (for example, cloud computing service providers);

• Perform research, technical diagnostics, personalization and analytics;

• Protect us, our business or our users, for example to enforce our Terms, prevent spam or other unwanted communications and investigate or protect against fraud;

• Maintain the security of our Site and Services.

Service providers and other third parties

We may also share personally identifiable information with third parties when we have your consent to do so.

Processing the data collected through the Site and Services is carried out using computers and/or Information Technology enabled tools, following organizational procedures and modes related to Our Purposes. We may employ third-party companies, and individuals, to facilitate the operation of the Site and Services. We may also employ third-party companies, and individuals, to perform services related to administration of the Site and Services (including, but not limited to, maintenance, hosting and database management services, web analytics and administration and legal services). These third-parties only have access to users’ personally identifiable information and other personal data to perform these tasks on our behalf. We may share Aggregated Data, and reports based on Aggregated Data, with third-parties for industry analysis, demographic profiling, other commercial purposes, or to deliver targeted advertising about other products and services. No such Aggregated Data that we provide to third-parties will contain personally identifiable information.

Operation Transfers

In connection with a sale of all or part of our operations, or sale or transfer of assets, or a merger, reorganization, or in the event of bankruptcy, we may transfer personally identifiable information to a third-party as part of the transaction, to the extent permitted by applicable law.

5. Your Privacy Choices

If a user becomes aware that the personally identifiable information that we maintain about them is inaccurate, incomplete, misleading, irrelevant or out-of-date, or if an individual would like to access, update or review their information, the individual is solely responsible for updating such information, and may do so by contacting us at info@versatus.io. We will attempt to provide the requested information or make requested changes to the extent allowable by applicable privacy laws. In any event, we will respond to you as soon as reasonably possible to advise you of the outcome of your request. You may request the removal of previously provided personally identifiable information at any time at info@versatus.io. The deletion of such data, however, may affect our ability to provide you with our Services. We reserve the right to verify the identity of any person making an opt-out or correct/update request but shall have no liability whatsoever resulting from false or erroneous requests. You may update your personally identifiable information, communications preferences, or opt-out from receiving promotional materials at any time by contacting us at info@versatus.io.

6. Retention

We retain personally identifiable information for the period necessary to fulfill Our Purposes. In some cases, we retain personally identifiable information for longer, if doing so is necessary to comply with our legal obligations, resolve disputes, or is otherwise permitted or required by applicable law, rule or regulation. Afterwards, we retain some information in a depersonalized or aggregated form but not in a way that would identify you personally.

7. Security

Please note that any information you share with us via email or via the internet is not completely secure. We take all reasonable steps to protect your personally identifiable information provided via the Site from loss, misuse and unauthorized access or disclosure, however, no internet or email transmission is ever fully secure or error free. Due to the nature of the internet, there is a possibility that unsecured (unencrypted) email or internet transmissions could be intercepted and read by third-parties. We assume no responsibility for interception of confidential information or personal information that you send in an unsecured (unencrypted) email message or other internet transmission to and from the Site. Therefore, you should take special care in deciding what information you send to us via the Site, email or via another internet transmission.

You acknowledge and accept that, despite our efforts, there may be times or situations when your personally identifiable information is inadvertently disclosed by us or by a third-party to whom we have disclosed your personally identifiable information. You hereby accept that risk and waive any and all claims, causes of action, damages and liability against us in the event of such inadvertent or negligent disclosure of personally identifiable information.

8. Children's Privacy

Protecting the privacy of young children is especially important. The Services are not intended for children below 18 and Versatus does not knowingly collect or solicit personal information from anyone under the age of 18. Versatus does not knowingly allow such persons to register with the Site for the Services. If you are under the age of 18, please do not submit any personal information through the Site. We encourage parents and legal guardians to monitor their children’s Internet usage and to help enforce our Privacy Policy by instructing their children never to provide personal information on this Site. If we become aware that we have collected personal information from a child under age 18, we will take steps to remove that information. If you have any reason to believe that an individual under the age of 18 has shared any information with us, please contact us at info@versatus.io.

9. Links to Third-Party Sites

This Privacy Policy applies only to our Site. The Site may at times contain links to other websites, platforms or protocols that are not owned or controlled by us. Please be aware that we are not responsible for the privacy policies of such other websites, platforms or protocols or how these websites, platforms or protocols operate or treat your personal information.

In no event will we be responsible for the information contained in such links or websites, platforms or protocols, their practices, or for your use of, or inability to use, such links or websites, platforms or protocols, or their services, or transmissions received from such websites, platforms or protocols. By using the Site, you expressly relieve and discharge us from any and all liability arising from your use of any third-party website, platform or protocol. We encourage you to be aware of this when you leave the Site and to read the privacy policies and terms of use associated with each of any third-party websites, platforms or protocols that may collect personal information.

10. Your Choices and Opt-Outs

You can opt-out of receiving marketing emails from us at any time. You can opt-out of our marketing emails by clicking the ‘unsubscribe’ link at the bottom of our marketing messages.

Also, all opt-out requests can be made by emailing us at: info@versatus.io. Please note that it may take up to sixty (60) days to remove your contact information from our marketing communications lists, so you may receive correspondence from us for a short time after you make a request. However, we may inform you via email of extending such period from time to time.

11. Cross Border Transfers

The Site and Services are intended for use by persons and businesses located and operating in the United States. If you visit the Site from a country other than the United States, your communications will likely result in the transfer of your personally identifiable information across national borders. Our servers or offices may be located in countries other than the country from which you access the Site, also resulting in the transfer of your personally identifiable information across international borders. If you provide your personally identifiable information when visiting the Site from outside of the United States, you acknowledge and agree that this data may be transferred from your then current location to our offices and servers and to those of our affiliates, agents, and service providers located in the United States and in other countries. The United States and such other countries may not have the same level of data protection as those that apply in the jurisdiction where you live.

• Changes to Our Privacy Policy

As a result of potential improvements to the Site and Services, changes in the law and/or the changing nature of technology, our data practices may change from time to time. Accordingly, we reserve the right to update or modify this Privacy Policy at any time and from time to time without prior notice. If, and when, our data practices change, we will post the revised Privacy Policy on the Site. Such changes to the Privacy Policy will become effective when posted. Unless stated otherwise, our current Privacy Policy applies to all personally identifiable information that we have about you. We stand behind the promises we make, however, and will not materially change our policies and practices to make them less protective of personally identifiable information collected in the past without the consent of affected individuals. Notwithstanding the above, your continued use of the Site after any changes or revisions to this Privacy Policy shall indicate your agreement with the terms of such revised Privacy Policy. We encourage you to check this Privacy Policy regularly.

14. Questions About Our Privacy Policy

If you have any questions about this Privacy Policy or concerns about the way we process your personal information, or require assistance in managing your privacy choices, please contact us using the contact information below.

Email: info@versatus.io