BURNABY, B.C., Oct. 4, 2002 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO, Stephen Pineau, is pleased to announce The Company achieved a number of milestones relating to its participation in the recent ASIS (American Society for Industrial Security) tradeshow in Philadelphia. The ASIS tradeshow is the largest such show in the world with over 2000 exhibits and is the primary venue for Fortune 500 and government security officials to learn more about new security technologies.
"Our focus at this show was to introduce the MESH concept to end-users and specifiers of this equipment," noted Mr. Pineau. " We displayed both MESH voice intercom and MESH access control modules. This included working MESH TS touch screen units. We were surprised at the number of high-end security consultants who told us they were specifically at the show to see our product. Our demonstrations went extremely well and many requests were received for specifications for upcoming projects. We will be evaluating which projects are suitable early sites for MESH over the coming weeks."
"In addition to the MESH TS our new MESH web-based management system was very well received," continued Mr. Pineau. "We expect to sign a number of distribution agreements as a result of this show."
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 is 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.
For more information contact Konstantine Tsakumis or Greg Werbowski of Viscount Systems, Inc. Investor Relations: Toll Free 1-866-252-9446; ir@viscount.com; or visit: http://www.viscount.com.