31/08/2008
VSI Viscount to secure 30 high rises
Burnaby, British Columbia (Canada)
Viscount Systems has received the first orders for up to 30 high rise projects with a management company in the US. 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 approx. USD 600k.
"While our core multi-residential business is being impacted by the US real estate market, we continue to
grow in other sectors including high-rise retrofits, schools and hospitals," noted Stephen Pineau, CEO of
VSI. "This year the impact of MESH 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."
Global
