Viscount Systems Appoints Dennis Raefield as Chief Operating Officer
Company Adds High Profile Executive in Access Control Industry
BURNABY, British Columbia--(BUSINESS WIRE)-- Viscount Systems Inc. (OTCMARKETS:VSYS) a high technology supplier of security systems and software, today announced the addition of Dennis Raefield as its Chief Operating Officer.
Dennis Raefield has a long and distinguished career in the access control and security industry. Mr. Raefield was President of Honeywell Access Systems, a $100M+ division of Honeywell International, which manufactures enterprise level access control systems for Fortune 100 clients. Prior, Mr. Raefield was President of Pinkerton Systems Integration (now Securitas), a $70M+ security system integration business installing video, access control and alarms to Fortune 500 clients. He was also Owner/CEO of Omega Corporate Security, a west coast premier systems integrator based in the San Francisco area. Mr. Raefield holds a BS degree in Mechanical Engineering from Santa Clara University, and is a member of ASIS, SIA, ESA, ISIO, CAA, and CSAA.
Stephen Pineau, Viscount Systems' Chief Executive Officer, commented, "Dennis Raefield is a valuable addition to our management team. His profile and experience running some of the largest access control companies in the industry will bring enormous insight to our Company. We are honored that he has agreed to join our team."
Mr. Raefield remarked, "As a continuing Board member at Viscount, I am excited to move into the COO role to now be able to assist the company in growing to the next level. My responsibility will be to assist Mr. Stephen Pineau, Viscount's CEO, in building the infrastructure required to handle our rapid growth from the new Freedom access control platform. Freedom is the first and only system that allows entry devices and other building automation systems to be connected to standard building IT networks without requiring expensive control panels that are programmed from a PC. Freedom changes the paradigm of IT-friendly access control. It eliminates up to 80% of the cost of traditional systems that require the installation of control panels. And, it utilizes existing logical IT security software (LDAP) to replace both the control panel component and the software component of traditional systems. Freedom puts Viscount in a powerful position that dramatically reduces system costs while providing a much more secure software solution."
About Viscount Systems
Viscount Systems Inc., designs unified software platforms for building security and emergency planning. The company was recently awarded the 2011 Convergence Solution of the Year by the Security Industry Association (SIA) and the 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". For further information, or to be placed on email NEWS ALERT please e-mail to email@example.com or call toll free 1-888-516-7415.
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Viscount Systems, Inc.
Stephen Pineau, (604) 327-9446
KEYWORDS: North America Canada
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