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VSI Selected to Secure Over 500 Sites
Monday, October 05, 2009 9:54 AM


(Source: Business Wire)trackingViscount Systems (OTCBB: VSYS) announced today that the company's MESH technology platform has been selected to secure over 500 sites for one of Canada's largest public management agencies. The first systems are scheduled for deployment by the end of 2009 with installations continuing for the next several years. Total revenues for the project are expected to exceed $2M.

"Despite the difficult economy, in the past 2 quarters we are seeing a surge of new interest in MESH and our financials continue to improve," noted Stephen Pineau, President and CEO of VSI. "While this project is not expected to impact our 2009 results it will enhance our continued growth over the next several years along with several other similar phased projects currently underway."

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 are 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.

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