BURNABY, BC -- (MARKET WIRE) -- 06/01/04 -- Viscount Systems Inc. (OTC BB: VSYS) today announced The Company has signed a number of new agreements agencies to increase the sales and market coverage of its new flagship MESH product in the United States. Innovative Systems Marketing has been added to cover Western US states, Security Marketing Consultants for the Midwest US, and Dave Taylor and Associates for the Southeast. They join Orman & Associates and The Paladin Sales Group who recently joined Viscount to cover the Southwest and Northeast States. "With our legacy products we have traditionally dealt with US customers using inside sales staff," commented Stephen Pineau, President and CEO of Viscount. "MESH is a much more sophisticated product with a much larger market opportunity. Based on the incredible response we are getting from our MESH advertising and the number of leads we received at recent trade shows including the International Security Conference in Las Vegas it became obvious that we would need state by state coverage to demonstrate and specify MESH and to train dealers. "Government agencies and Fortune 500 security directors require a hands-on approach and we now have the capability to cover the large number of inquiries we have received ranging from US Federal and State agencies to large industrial/commercial facilities." Said Dave Taylor, "Dave Taylor and Company, Inc. (DTC) is very excited to have the opportunity to represent Viscount in the S.E. United States. Having been in business since 1988, DTC has seen many new products, but rarely has any company or product caught our eye as did Viscount and MESH. Even though Viscount has been around since 1969 DTC still feels that, because of your new innovations, we are on the ground floor and we look forward to the opportunity. As you can see from the manufacturers we represent, we believe in quality, not quantity and are very selective of the manufacturers with which we work. Of the current manufacturers represented, two were the original manufacturers signed in 1988; the others have been with DTC for 12, 8 and 6 years." 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. Distributed by Filing Services Canada and retransmitted by Market Wire Contact: Nick Waddell Viscount Systems, Inc. VP, Corporate Communications Toll Free 1-866-252-9446 Nick@viscount.com
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BURNABY, BC -- (MARKET WIRE) -- 08/02/04 -- Viscount Systems Canada (OTC BB: VSYS) announced today the company has shipped a number of MESH systems and has additional bookings with Chubb Security Systems Canada for current and upcoming high-rise projects. MESH is being used in conjunction with other Chubb Security products across Canada to provide complete building security solutions. "MESH fits very well with the Chubb Canada offering and integrates with their own family of alarm and access control products," noted Stephen Pineau, President and CEO of Viscount. "It has allowed Chubb to secure contracts with Canadian clients who are now insisting on leading edge entry systems and will help them grow as the demand for MESH systems continues to expand."
"The MESH system delivers an important component in a comprehensive, quality building access solution that allows Chubb additional points of differentiation in this market sector," stated Andrew Mackenzie, Chubb Canada's Director of Sector Sales and Operations. "In addition, Viscount Canada has repeatedly proven that they have the back office systems and staff to ensure that our needs, and therefore our customer's needs, are satisfied."
About Chubb Security Systems Canada
Chubb Security Systems Canada is a leading provider of security solutions with a country-wide network of 23 sales and service locations. Through regional Monitoring and Call Centres, Chubb also delivers ULC-certified 24 hour, 7 day alarm monitoring services. Total solutions from Chubb employ leading-edge technologies to address security requirements relating to alarm systems, access control, video surveillance, alarm monitoring and more for both commercial and residential applications.
About Viscount Systems Canada
Viscount Systems Inc. (Canada) 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 is designed to improve safety and manage security for Canadian property owners and users. 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.
Distributed by Filing Services Canada and retransmitted by Market Wire
For more information, contact: Nick Waddell Viscount Systems, Inc. VP, Corporate Communications Toll Free 1-866-252-9446 Nick@viscount.com
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Wid ma mind on ma money an' ma money on ma mind!!!
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VSYS - VISCOUNT SYSTM (OTCBB) Date Open High Low Last Change Volume % Change 08/02/04 2.6500 2.6800 2.5500 2.6000 +0.0700 46501 +2.77%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 75715
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 81816
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 55880
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
2.5300 2.3900 2.5200 2.6500
------------------ Due Da Due......But Be Quick About It!!!!!
Wid ma mind on ma money an' ma money on ma mind!!!