SOURCE: Viscount Systems Inc.

November 28, 2007 09:00 ET

Viscount's MESH to Secure Government Projects in Canada

BURNABY, BC--(Marketwire - November 28, 2007) - Viscount Systems (OTCBB: VSYS) has announced MESH will be deployed to secure a number of provincial government projects in Canada. These are follow up orders to an ongoing deployment which began in 2006. The contract value of equipment is approximately $300,000 and will be billed by February 2008.

"The amount of repeat business with MESH continues to increase," noted Stephen Pineau, President and CEO of Viscount. "In our industry end users do not typically issue contracts for a complete one time deployment so our accumulated revenue from this agency now exceeds $500,000 and will continue to rise as additional projects are tendered over the next year.

"While MESH sales are due to double for 2007 we expect this to accelerate in 2008, particularly since many larger projects announced previously are due to be completed and a number of additional contracts will be announced. We also increased our marketing budget substantially in the last quarter to help drive revenue heading into the coming year."

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

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 or the company's web site under the heading "Investor Relations." For further information, or to be placed on email NEWS ALERT, please e-mail to 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