SP&T News

Burnaby-based Viscount to secure 30 high-rises in U.S.

 Viscount Systems Inc., has received the first orders for up to 30 high-rise projects with a management company in the U.S.

August 28, 2008  By Staff

Each project will include a full array of MESH technology including touch screen panels, card readers and video.

Viscount is releasing a new 19” kiosk panel as part of the project. Total revenue for the projects would be about $600,000.

“While our core multi-residential business is being impacted by the
U.S. real estate market, we continue to grow in other sectors including
high-rise retrofits, schools and hospitals,” says Stephen Pineau, CEO
of VSI. “This year the impact of MESHTM on our top line growth has also
been hit by a continued decrease in sales of legacy products. However,
in July we completed our rollover of Enterphone to EPX and we expect to
begin recapturing this revenue going into the end of the year.”


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