SOURCE: Viscount Systems Inc.

November 07, 2005 09:00 ET

Viscount's MESH Chosen for 10 New High-Rise Projects

BURNABY, BC -- (MARKET WIRE) -- November 7, 2005 -- Viscount Systems Inc. (OTC BB: VSYS) today announced the Company's MESH system has been chosen for a number of new high-rise projects in Vancouver. The systems will be installed by Blue Mountain Technologies of Surrey, BC, and include a full complement of MESH panels, card access, and elevator control.

"Since this summer we have installed three MESH systems and have another 10 projects sold," noted Steve Leach, President of Blue Mountain. "Previously, with the Enterphone intercom line our average Viscount order per project was about $10,000. Now with MESH providing card access and other functions at our upcoming projects this average is closer to $50,000. MESH has gone from an unproven concept to a concept has been proven to be superior for the benefits it delivers."

Commented Stephen Pineau, President and CEO of Viscount, "With MESH projects booked in most major North American cities, the initial hurdle of limited market presence is evaporating. Just as digital video systems replaced time lapse tape recording in the past few years, the MESH digital security platform is now poised to threaten traditional controller based card access systems."

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 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:
    Nick Waddell
    Vice President, Corporate Communications
    Viscount Systems, Inc.
    Investor Relations
    Toll Free 1-866-252-9446
    Email Contact