Viscount Systems Awarded New U.S. Government Contracts

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Viscount Systems Awarded New U.S. Government Contracts

VSYS    0.078   

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

Viscount Systems (VSYS), a leading-edge supplier of security systems and software, announced that it has been awarded contracts to deploy its Freedom access control technology at a series of Midwestern US Government agency facilities in Missouri, Nebraska and South Dakota. Due to the sensitive nature of these types of contracts, the company is unable to identify the agency.

"We are pleased to continue to make progress in the U.S. Federal Government market, as we are seeing real revenue opportunities emerge from the success of our original pilot projects," stated Stephen Pineau, President and CEO of Viscount. "The scope of these initial projects is dwarfed by the opportunities for nationwide agency deployments we expect entering the coming year. With the recent release of the new U.S. Government FICAM (Federal Identity, Credential and Access Management) requirements the advantages of Freedom over traditional panel based access control systems will only increase.”

About Viscount's Freedom Access Control Technology

Freedom Encryption Bridge is the first and only access control system that allows entry devices (ID cards, RFID readers, biometrics etc.) to be connected to, and controlled by, standard building IT networks without requiring expensive control panels. This eliminates up to 80% of the cost of traditional access control systems. Freedom also utilizes existing IT permission databases (Microsoft Active Directory or LDAP) to replace the software component of traditional systems. Freedom drastically reduces system costs while providing a much more secure software solution.

About Viscount Systems

Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include the 2012 Microsoft "Be What's Next" Award, SIA Convergence Solution of the Year 2011 and Homeland Security Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011.

Contacts

Viscount Systems Inc.
Investor Relations:
Foothills Group San Jose, CA, 888-516-7415
Investors@viscount.com
www.viscount.com

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.

Contact:
Viscount Systems Inc.
Investor Relations, 888-516-7415
Foothills Group San Jose, CA
Investors@viscount.com
www.viscount.com

Viscount Systems Inc (VSYS) Stock Research Links

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