Viscount Systems Reports Increased Sales of Software Licenses
BURNABY, British Columbia--(BUSINESS WIRE)-- Viscount Systems Inc. (OTCMARKETS:VSYS) a developer and manufacturer of IT-based solutions for physical security systems, announced today that the Company continues to see increases in software license sales of its Facility Friend visitor management solution, since the launch of its partnership with Evolis (ALTVO.PA), a publicly-traded, French manufacturer of ID cards and printers. Under the agreement, Facility Friend software is being packaged under the Hello Visitors label and with the Evolis Tattoo RW printer. The company has sold approximately 100 licenses of its software since March 2013.
"After the announcement of our partnership with Evolis in November of last year, Viscount and Evolis officially released the final software platform in March of this year, so we are very pleased to see the success of this project and the month over month increases in license sales in this short time period," noted Stephen Pineau, President and CEO of Viscount. "In addition to creating a new high margin revenue stream the project is giving us a great deal of exposure in France and is creating opportunities for other Viscount products in the European market. As a result of the successful launch we are also pleased to announce that Evolis will be expanding their sales efforts into additional European countries and we have completed a German language version with plans to add additional languages including Dutch and Spanish."
Viscount's Facility Friend is comprehensive, user-friendly software, which enables precise analysis of visitor streams. A highly intuitive dashboard makes it possible to list visitor identities, state how many visits are underway, schedule facility visits, manage unwelcome visitors and generate an evacuation report listing visitors present onsite. For optimized management of visits over time, this software package also allows a database of visitor contacts to be quickly drawn up through the use of forms. Finally, the platform creates custom templates for photo ID and identification badges.
The Evolis Tattoo-RW rewritable card printer supplied with this software provides an economical and efficient response to any problems relating to visitor and employee streams. Indeed, Tattoo-RW was designed to wipe and print new data onto a single badge up to 500 times. Because of the limited timeframe in which such a badge is generally used, it is the rewritable aspect of this application which really sets it apart, making it possible to re-use each card up to 500 times.
Hello Visitors is packaged with card template software, which allows anyone to personalize badges simply by adding text, a logo, and an image or photo.
About Evolis (www.evolis.com):
Evolis (Alternext: ALTVO) designs, manufactures and markets a comprehensive range of personalization solutions for plastic cards. These printers integrate all the options necessary for graphic, magnetic and electronic personalization (smart cards, with both contact and contactless RFID technology) of all types of cards (student cards, payment cards, travelcards, employee badges, etc.). Based in Angers (France) with subsidiaries in Miami (USA) and Singapore, and a representative office in Shanghai (China), Evolis achieved turnover of €44.4 million in 2011. Since January 1st 2012, Evolis has been marketing a full range of card accessories through its subsidiary, Sogedex Accessories. The group employs 185 people, and its solutions are on sale in 125 of the world's countries.
About Viscount Systems
Viscount Systems Inc., designs unified software platforms for building security and emergency planning. Recent awards include SIA Convergence Solution of the Year 2011 and Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011. Additional information on Viscount's products may be obtained on-line at http://www.viscount.com.
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.
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.
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".
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