SOURCE: Viscount Systems Inc.

April 19, 2007 13:31 ET

Viscount Receives Largest MESH Order

BURNABY, BC -- (MARKET WIRE) -- April 19, 2007 -- Viscount Systems Inc. (OTCBB: VSYS) announced today that The Company has received a commitment for its single largest MESH order to date. The order is for a three-phase project in Vancouver with first phase completion in 2008 and the balance scheduled by 2009. Revenue for equipment and commissioning for each phase is approximately $180,000 for a total of just over $500,000. The facilities will be deploying a full complement of MESH technology including MESH voice panels, MESH LANBot card access, and MESH alarm. Viscount's newest products, EPX voice communications technology and MESH View video recording and storage will also be used.

"We continue to see increased interest in MESH since releasing our global system last fall," noted Stephen Pineau, President and CEO of Viscount. "We have used this as an opportunity to provide a more active role in certain projects with commissioning services. This provides increased margins and revenue and assists both our contractors and their customers."

"The trend towards IP enabled security devices is increasing in all regions. At the International Security Conference and Expo held at the end of March our leads increased almost 400% compared to last year as more security contractors embrace the digital future."

About Viscount Systems

Viscount Systems Inc. designs and manufactures telecommunications and electronic door control access systems for the security industry. From 1969-1997 Viscount was an R&D affiliate of Telus, itself a controlled subsidiary of GTE, now Verizon Communications. 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, North America-wide dealer network comprised of security equipment vendors. Additional information on Viscount's products may be obtained on-line at http://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:

    Viscount Systems, Inc.
    VP, Corporate Communications
    Toll Free 1-866-252-9446
    Email Contact