Viscount Systems Releases 2013 Year-End Results and Announces Conference Call
March 31 2014 - 8:00AM
Business Wire
Viscount Systems (OTCQB:VSYS), a leading edge, high technology
supplier of security systems and software, today announced its
results for the year ended December 31, 2013.
Revenues for the year ended December 31, 2013 were $4,134,886,
an increase of 14.8% as compared to the year ended December 31,
2012. The company's net loss for the year, before non-cash and
other items, was $974,515, a 29.4% decrease as compared to the year
ended December 31, 2012.
Revenues for the Company's IT-based Freedom access control
solution were $991,831, an increase of $633,747, or 277.0%, vs. the
same period in 2012.
Dennis Raefield, Viscount’s newly appointed CEO will hold a
conference call to review these results and provide a corporate
update on Monday, March 31st at 4:30 pm ET. To register follow the
instructions below:
_______________________________________________________
Please join the conference call through
the use of your computer speakers by clicking on:
https://global.gotomeeting.com/meeting/join/136860877
Or
Simply call in at:
Canada: +1 (647) 497-9373
United States: +1 (213)
493-0014
Access Code: 136-860-877
Audio PIN: Shown after joining the
meeting if you sign in with a computer
Meeting ID:136-860-877
Should you have questions during the
call please send an email to dennis@viscount.com
____________________________________________________________
About Viscount's Freedom Access Control Solution
Freedom is the first and only access control system that allows
entry devices (ID cards, RFID readers, biometrics etc.) to be
connected to, and controlled by, standard building IT networks
without requiring expensive control panels. This eliminates up to
60% of the cost of traditional access control system hardware.
Freedom also utilizes existing IT permission databases (Microsoft
Active Directory or LDAP) to replace the software component of
traditional systems. Freedom drastically reduces system costs while
providing a much more secure software solution.
About Viscount Systems
Viscount Systems Inc., designs unified IT and physical security
software platforms for building security and emergency planning.
Recent awards include the 2012 Microsoft "Be What's Next" Award,
SIA Convergence Solution of the Year 2011 and Homeland Security
Platinum Award for Emergency Response and Gold Award for Access
Control at GOVSEC 2011.
Contacts
Viscount Systems Inc.Investor Relations:1-646-330-0704
Investors@viscount.comwww.viscount.com
Safe Harbor Statement
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.
Viscount Systems Inc.Investor
Relations:1-646-330-0704Investors@viscount.comwww.viscount.com
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