BURNABY, B.C., Nov. 13, 2002 (PRIMEZONE) -- Viscount Systems Inc. (OTCBB:VSYS) President and CEO, Stephen Pineau, is pleased to announce The Company has completed development of its Emerphone V series of emergency communications devices and has begun accepting orders. The Emerphone V allows users to place emergency or assistance calls and has the ability to play messages to both the initiating caller and the receiver of the call. The messages can be used to identify the location of the Emerphone unit or to inform the user of information relating system use or emergency procedures.
"The Emerphone V follows the Emerphone 100 as the second product release of the Emerphone family announced earlier this year," noted Mr. Pineau. "It builds on the Emerphone philosophy of designing a core technology that can be easily modified to provide additional functionality and enter new markets at a low marginal R&D cost. The 100 series was designed to provide emergency functions in elevators. The V series augments that ability and allows Viscount to compete in a number of major urban markets now requiring that these devices be able to identify a calling location without the caller having to verbally communicate. Some recent interpretations of the Americans with Disabilities Act have concluded that devices that require a caller in an emergency situation such as a faulty elevator to be able to speak articulately are not compliant. The Emerphone V is one of a very few systems that can provide these features."
"The release of the Emerphone V product also moves Viscount into a number of new commercial markets," continued Mr. Pineau. "The Emerphone V can be used for parking areas, industrial plants and roadside assistance. We have designed stainless steel housings that can be used for higher risk facilities such as mines and oil platforms. We already have orders for a large number of our initial production run of 80 units so we are now prepared to enter regular production."
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 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.
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