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Burnaby, British Columbia - Monday, November
7, 2005 - Viscount Systems Inc. (OTCBB - VSYS.OB) --
today announced the Company's MESH™ system
has been chosen for a number of new high-rise projects
in Vancouver. The systems will be installed by Blue
Mountain Technologies of Surrey, BC, and include a full
complement of MESH™ panels, card access,
and elevator control.
"Since this summer we have installed three
MESH™ systems and have another 10 projects
sold," noted Steve Leach, President of Blue Mountain.
"Previously, with the Enterphone® intercom
line our average Viscount order per project was about
$10,000. Now with MESH™ providing card
access and other functions at our upcoming projects
this average is closer to $50,000. MESH™
has gone from an unproven concept to a concept that
has been proven to be superior for the benefits it delivers."
Commented Stephen Pineau, President and
CEO of Viscount, "With MESH™ projects
booked in most major North American cities, the initial
hurdle of limited market presence is evaporating. Just
as digital video systems replaced time lapse tape recording
in the past few years, the MESH™ digital
security platform is now poised to threaten traditional
controller based card access systems."
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.
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:
Nick Waddell
Vice President, Corporate Communications
Viscount Systems, Inc.
Investor Relations
Toll Free 1-866-252-9446
nick@viscount.com
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