BOSTON, MA, May 21, 2018 (GLOBE NEWSWIRE) -- ValueSetters, Inc. (OTC:VSTR) announced today the acquisition of SpaceoutVR, Inc., a Virtual Reality software company, which offers the ability to deliver AI, games, travel, messaging, social media, music streaming, and 360 video/photo through its mobile app.  The company intends to integrate VR with its existing Internet game franchise, including, as well as develop technology consulting revenue from Virtual Reality game development contracts.

“Every new technology platform uses games to demonstrate its appeal.  With the acquisition of SpaceoutVR, ValueSetters continues to grow its strong tech and games capabilities and will give us the opportunity to become the dominant classic games provider for all VR platforms,” said Cecilia Lenk, CEO of ValueSetters.  “In addition, as a leader in the open VR app market, we believe that SpaceoutVR can become a defining brand in the consumer Virtual Reality space.”

“I am thrilled that SpaceoutVR has joined the ValueSetters portfolio, and we expect access to the VSTR platform to raise our game to a new level,” said Dennis Adamo, CEO of SpaceoutVR.  “ValueSetters’ management team has done a terrific job placing the company at the forefront of technological innovation, and I look forward to working with them to incorporate Virtual Reality into their business model.”

About ValueSetters:  Led by a team of professional investors and technology specialists, ValueSetters is a publicly- traded boutique advisory firm with unique expertise in helping early stage companies raise capital over the internet. The company also provides technology consulting services as well as strategic advice to help companies grow and evolve to meet the challenges of today's marketplace.  For more information, visit our website at

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ValueSetters, Inc.
Coreen Kraysler, CFA