Vancouver, British Columbia, January 29, 2016 Viscount Systems, Inc. (OTCQB:VSYS) (“Viscount”), a software company driving the convergence of physical and logical security solutions, announced today the hiring of Yvonne Zheng as its Principal Financial Officer, and the promotion of Boris Margovskiy to the team’s Vice President of Operations.

Yvonne Zheng has served as Viscount’s Internal Controller since September 2015 and has more than 15 years of professional financial accounting and analysis experience. Prior to joining the company, Zheng served as Senior Accountant for the global finance team at Colliers International Group Inc., a publicly traded real estate company, and was Lead Financial Analyst at TIO Networks Corp., a publicly traded bill payment processing company listed on the Toronto Stock Exchange.

Over the course of her career, Zheng has also held financial reporting and accounting manager roles at leading organizations, including HSBC Bank Canada, where she assisted with managing global financial planning, and Unicom Guomai Communications Co., Ltd., a public telecommunications company that traded on the Shanghai Stock Exchange. Zheng holds an MBA from Laurentian University and a bachelor’s degree in engineering from Shanghai University. Zheng is also a Chartered Professional Accountant and has been a member of the Certified General Accountants Association of Canada since 2010.

“Yvonne is a proven financial professional whose strong management and analytical skills will help us execute Viscount’s fiscal goals in 2016 and beyond,” said Scott Sieracki, CEO, Viscount Systems. “We believe Yvonne’s expertise, energy and focus will be instrumental in implementing better cost controls and a more streamlined business strategy while positioning the organization for continued growth.”

Viscount is also announcing the promotion of Boris Margovskiy into the role of Vice President of Operations. Margovskiy previously held the position of Director of Manufacturing, through which he was responsible for building higher quality products, scaling capacity and improving margins.

“Boris has been with the team through a number of important product and business transitions, and we’re excited to reward his performance and be able to further leverage his expertise to lead the next phase of operational improvements in the coming quarters,” said Sieracki. “These recent leadership appointments are an important part of strengthening the company’s management depth and preparing the organization for the next level of growth.”

About Viscount

Viscount is the leading provider of next-generation, IT-centric access control and identity management applications. Viscount’s Freedom application platform allows seamless unification of the physical and digital security worlds by replacing discrete, self-contained systems with an integrated security system that is sophisticated enough to protect today’s critical business assets, and flexible enough to keep up with the evolving IT infrastructures of government and private organizations. For more information please visit:

Safe Harbor Statement

Forward looking statements: This press release and other statements by Viscount Systems, Inc. may contain forward-looking statements 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.

Media Contact:
Rhianna Daniels Hile