SOURCE: Viscount Systems Inc.

June 05, 2007 09:00 ET

Viscount Hits MESH Sales Record

BURNABY, BC--(Marketwire - June 5, 2007) - Viscount Systems (OTCBB: VSYS) announced today that sales of MESH hit a record of over $280,000 in May. The company also surpassed its previous highest monthly total sales set in March.

"We continue to be on pace to double our MESH sales from 2006 to 2007," noted Stephen Pineau, CEO of Viscount. "Based on new bookings and quotes we expect this trend to accelerate through the balance of 2007. There are numerous industry developments that are now threatening the existing control panel industry and we are well positioned as the market leaders of the new IT approach. In particular, the U.S. Government's HSPD-12 initiative has demonstrated the shortcomings of the old technology. We are expecting final approval on our readers shortly and will be demonstrating our solution at the Identity and Access Management in Government Conference July 18-19 in Washington. Following the conference we will be hosting a private event for agencies and key integrators involved in Homeland Security to arrange our first pilot projects. See http://www.marcusevans.com/events/cfeventinfo.asp?eventID=12477."

Larsen & Toubro Limited

Larsen & Toubro Limited is a 4 billion USD technology, engineering and construction company, with global operations. It is one of the largest and most respected companies in India's private sector.

A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business across seven decades. For more information please visit www.larsentoubro.com.

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 is 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, worldwide 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.

Contact Information

  • For more information, contact:
    Investor relations
    Viscount Systems Inc.
    VP, Corporate Communications
    Toll Free 1-866-252-9446
    Email Contact