SOURCE: Viscount Systems Inc.

September 24, 2007 09:00 ET

Viscount's Scheduled for High Profile Projects

BURNABY, BC--(Marketwire - September 24, 2007) - Viscount Systems (OTCBB: VSYS) has announced the company's MESH system has been selected for a large international complex now under construction. Installation will be staged with final completion by 2009 in preparation for a major event to be held in 2010. The systems will include MESH Voice Panels and Kiosks, multiple MESH Lanbot Servers, entry readers, gate systems, elevator control and alarm monitoring. Due to the nature of the event, each MESH Voice Panel and Kiosk will include a large number of languages to accommodate the needs of users. The project will include the largest number of MESH panels and kiosks installed at a single site. Total revenue will be close to $400k.

"We continue to add high profile projects to our bookings and the size and value of these continues to increase," noted Stephen Pineau, President and CEO of Viscount. "We are accumulating increasing numbers of bookings in the $500k range and collectively these will begin to radically alter the top line of our company over the next few years."

About Viscount Systems

Viscount Systems Inc. designs telecommunications and electronic door control access systems for the security industry. 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."

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 further information, contact:
    Viscount Systems
    Email Contact
    1-866-252-9446