BURNABY, B.C., Dec. 16, 2002 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO Stephen Pineau is pleased to announce The Company has introduced the Centurion S family of entry panels for its Enterphone 2000 and Enterphone Axess product lines. The Centurion S will come in two sizes to accommodate different categories of buildings.
"The Centurion S is designed for installations in areas requiring a more ruggedized finish," explained Mr. Pineau. "This includes vandal prone low income areas as well as environments where weathering may sometimes be a problem. Some of our existing products were designed with aesthetics primarily in mind and this can be a problem in markets where the equipment may be exposed to salt air. We have always had a problem in certain states such as Florida, Texas and California where high-end condominium construction is often oceanfront. The Centurion S is a product being demanded by dealers in these areas so we are fulfilling an immediate market need. We also plan to phase out the Crusader family and will realize unit cost savings of about 20% with the Centurion S for a total of about $25,000 next year."
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 andHoneywell. 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
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