SOURCE: Viscount Systems Inc.

March 07, 2008 09:00 ET

Viscount's MESH to Secure New York High-Rise Complex

BURNABY, BC--(Marketwire - March 7, 2008) - Viscount Systems (OTCBB: VSYS) announced today that MESH has been selected to secure a complex of 10 high-rise apartment buildings in Manhattan. The historic complex is one of New York's largest with close to 5,000 residents. The systems will include MESH voice systems and secured card access. MESH was selected for its ability to run on the new IT backbone being installed at the complex. Installations will begin in early summer and continue through the fall.

"The industry is rapidly approaching a tipping point from traditional hardware to IP based systems," noted Stephen Pineau, President and CEO of Viscount. "This migration applies to all types of facilities including residential. Viscount continues to strengthen its position of leadership as the trend to IP security increases."

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.

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.

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 investors@viscount.com or call toll free 1-866-252-9446.

Contact Information

  • For further information:
    Viscount Systems
    Email Contact
    Toll free 1-866-252-9446