BURNABY, British Columbia, May 3, 2004 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) today announced that its flagship MESH system has been selected by the Millennium Group to be installed at two exclusive Condominium developments. The systems will include a full complement of MESH technology including MESH Touch Screens, MESH card access, elevator control and gate control.
MESH is Viscount's recently released, next-generation access-control product that converges all aspects of voice (intercom, paging, emergency), data (card access, elevators, alarms) and video (CCTV) in large complexes or series of complexes.
"The Millennium Group is one of Canada's leading condominium developers and have won numerous architectural design awards," noted Stephen Pineau, President and CEO of Viscount. "Although MESH Touch Screens are a premium product compared to traditional LCD technology, the cost savings of MESH access control has allowed Millennium to provide increased building security combined with entrance systems for visitors and buyers that will enhance their impression of these projects as first class. The adoption of MESH by Millennium reinforces their reputation for developing world class buildings in a timely and cost effective manner."
About The Millennium Group
MILLENNIUM(tm) is member of the Armeco Group, A Canadian Company with International Vision. Current and recent projects include both residential and commercial developments in Canada and Internationally. With a track record of over 50 years of success, Millennium continues to be awarded the highest honors from the Urban Design Institute, The Canadian Association of Home Builders, The Pacific Coast Builders Conference -- US and other associations.
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.