Business Services Industry
Viscount’s MESH Secures Highrise Projects
Business Wire, June 17, 2009
BURNABY, British Columbia -- Viscount Systems (OTCBB:VSYS) announced today that the company has received orders to secure several new highrises under construction in Vancouver, BC. The highrises will be constructed in phases with total revenue of approx. $450k. Each building will have a complete array of MESH technology including voice panels, video and Viscount’s new MESH Smart Card technology.
“Our new Smart Card system has a number of cost benefits over our existing system and will assist us in expanding the market for the MESH product line,” explained Stephen Pineau, President and CEO of Viscount. “ In addition to being more secure, the Smart Card technology has a range of special applications to assist our efforts to expand in the educational and corrections markets.”
Viscount Systems
Viscount Systems Inc., is a designer and manufacturer of telecommunications and electronic door control access systems for the security industry. The company's diverse line of products are designed to improve safety and manage security for property owners and users. Viscount's products have been installed in approximately 35,000 sites in over 30 countries and are sold through a 500 member, world-wide dealer network comprised of security equipment vendors. For more on Viscount visit www.viscount.com.
Financial statements are available from the company's registration statement filed with the U.S. Securities and Exchange Commission on February 6, 2002, which may be viewed at www.sec.gov or the company's web site www.viscount.com under the heading "Investor Relations". For further information, or to be placed on email NEWS ALERT please e-mail to ir@viscount.com or call toll free 1-866-252-9446.
Safe Harbor Statement
This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Viscount Systems Inc., nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
Forward looking statements: This press release and other statements by Viscount Systems Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "position," "assume," "potential," "outlook," "continue," "remain," "maintain," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," or similar expressions.
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