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Viscount Receives Contracts for Canadian Munic

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Post# of 40
Posted On: 10/30/2013 9:55:41 AM
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Posted By: Doubloon


Viscount Receives Contracts for Canadian Municipality


Business Wire Press Release : Viscount Systems –  44 minutes ago








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Symbol Price Change
VSYS 0.066 0.000






BURNABY, BC--(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, Liberty and MESH access control technologies at a series of projects for one of Canada’s largest municipalities. These contracts are for up to 400 facilities to be installed over the next several years. If the municipality continues with a full deployment the value of the project will be approx. $2M.


“After completing a series of initial installations we are happy to see that the municipality has decided to expand and accelerate this project,” noted Stephen Pineau, President and CEO of Viscount. “Our unique ability to wrap intercom systems and access control management in a single software platform helped drive these sales. With Freedom we continue to move from single site projects to Enterprise wide systems and this will continue to drive revenue for the coming years.”


About Viscount's Freedom Access Control Systems


Viscount's Freedom Encryption Bridge is the first and only access control system that allows entry devices (IC cards, RFID readers, biometrics, etc.) to be connected to standard building IT networks without requiring expensive control panels that are programmed from a PC. Changing the paradigm of IT-friendly access control, Freedom eliminates up to 80% of the cost of traditional systems that require the installation of control panels.


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:
Foothills Group San Jose, CA, 888-516-7415
Investors@viscount.com
www.viscount.com



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