October 2, 2013 -
Viscount Systems has received commitments to deploy its touch screen intercom system and access control solution at 125 residential high-rise buildings in Canada.
Specifically, the initial commitment is for MESH touch screen intercom systems with an option to add Viscount’s Freedom access control system, which allows biometrics. This initial commitment is worth approximately $500,000 and will be deployed over the coming year.
“This is the largest MESH project our company has received,” Stephen Pineau, President of Viscount said. “We continue to see improvement in all areas of our company. Our ability through MESH and Freedom to provide a unified access control and intercom solution continues to provide Viscount with a strategic advantage over other access control providers. Many integrators who had been purchasing separate access control systems for their MESH systems are now beginning to switch to Freedom so our intercom business is beginning to drive additional Freedom access control revenue.”
Yesterday, Viscount signed a distributor agreement with Tri-ED in regards to its Liberty access control system.
The company’s Freedom access control system, which is included in this initial commitment for the high-rise buildings, has also been deployed at a couple of federal government facilities in the U.S., including a Department of Veterans Affairs hospital facility and a U.S. department of labor facility in Atlanta.
Reported previously, Viscount was recently awarded FIPS 201 certification for its Freedom VeriCert software, which is used to monitor PIV and federal employee ID cards.
Viscount also recently announced the results for its second quarter 2013, and has shown both an increase in revenue as well as a net loss decline. According to the company, revenues for the second quarter of 2013 were $1,041,088, an increase of 25.7% as compared to the first quarter of 2013 and a 15.5% increase as compared to the second quarter of 2012.