BURNABY, B.C., Sept. 18, 2002 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO, Stephen Pineau, is pleased to announce The Company has secured a contract through Viscount dealer M&R Electronics to provide Enterphone building communications systems for the high-profile Grand Plaza project in downtown Chicago. The Grand Plaza comprises approximately 764 residential units in two towers of 37 and 53 floors. The systems will be used for deliveries, screening guests and communicating with building residents.
"The Enterphone Guardphone system is the perfect choice for large developments using a concierge service for visitors," explained Mr. Richard Superfine, President of M&R Electronics. "With the large number of residents and visitors using these systems, reliability is paramount. Viscount's reputation for quality continues to make Enterphone the leading brand in this market."
"At the recent American Society for Industrial Security tradeshow in Philadelphia we previewed our new generation MESH TS visitor entry system that completely computerizes these functions," mentioned Mr. Pineau. "Our large customer base and excellent reputation will make the launch of the product very seamless. The large facility managers we met at the show are very excited about the unique features the MESH TS will provide."
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 a 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, including affiliates of Tyco/ADT and Honeywell. 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." For further information, or to be placed on email NEWS ALERT please e-mail to ir@viscount.com or call toll free 1-866-252-9446.
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.