SOURCE: Viscount Systems Inc.

April 11, 2007 09:00 ET

Viscount's MESH Booked for 12 Projects

BURNABY, BC -- (MARKET WIRE) -- April 11, 2007 -- Viscount Systems Inc. (OTCBB: VSYS) announced today that The Company has received confirmation of MESH bookings for 12 additional highrise buildings in British Columbia, Canada. The systems will be installed by integrator BMT and will include MESH panels, MESH readers and MESH servers. Total systems revenue will be approximately $250,000 with shipments spread throughout 2007 and into 2008. This is in addition to $365,000 in orders previously booked and/or shipped to BMT.

"MESH has gone from a system our customers were willing to try to the only system they will use," noted BMT President, Steve Leach. "Most projects we are now booking are with developers who already have the system."

"We are now reaching critical mass with MESH," noted Stephen Pineau, President and CEO of Viscount. "There are now MESH systems installed or booked in the major Canadian Provinces and most States. As a BC-based company, establishing successful integrators capable of selling $500,000+ per year is expected. We now are beginning to replicate this success in many major markets."

About Viscount Systems

Viscount Systems Inc. is a designer and manufacturer of 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 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, 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