BURNABY, B.C., Jan. 13, 2003 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO Stephen Pineau is pleased to announce The Company has begun the year with strong sales for its legacy Enterphone entry control systems. The largest order received to date was for $175,000 from Vancouver based Britcom Communications. Britcom will be installing Enterphone in a number of new construction sites over the first quarters of 2003.
"The order from Britcom is an indication of the continued health of our core business," noted Mr. Pineau. "The introduction of Emerphone in 2002 combined with a number of other new products in the first quarter makes us optimistic that the improved financials reported through the second and third quarters of 2002 will continue. We are also expecting a number of positive developments with our new MESH system this quarter."
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 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 onFebruary 6, 2002, which may be viewed at www.sec.gov or the company's Website www.viscount.com under the heading "InvestorRelations." For further information, or to be placed on email NEWSALERT please e-mail to ir@viscount.com. or call toll free 1-866-252-9446.
Safe Harbor Statement
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