Market Overview

Viscount To Secure Canadian Hotel Chain

BURNABY, British Columbia--(BUSINESS WIRE)--

Viscount Systems Inc. (OTCMARKETS:VSYS) a developer and manufacturer of IT-based solutions for physical security systems, announced today that it has received orders to secure a series of new high-rise condominiums projects in Montreal, Canada. The systems to be installed include Freedom access control as well as Viscount's new 32” building information kiosks and visitor entry systems.

“We are beginning to see an upsurge in our traditional multi-residential business,” noted Stephen Pineau, President and CEO of Viscount. “Since our traditional business was heavily new construction oriented the low housing starts of the last two years had impacted our revenues just as we began to release Freedom. The recovery in new construction projects coupled with increasing sales of Freedom to the government, educational, and commercial sectors creates a very positive environment for Viscount's top line revenues for 2013 and 2014.”

About Viscount Systems

Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include SIA Convergence Solution of the Year 2011 and Homeland Securities Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011.

Safe Harbor Statement

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.

Viscount System
Investor Relations:
Foothills Group San Jose Ca
888-516-7415
investors@viscount.com
www.viscount.com

 

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