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Viscount Systems, Inc., through its subsidiary, Viscount Communication and Control Systems Inc., operates as a North American provider specializing in the engineering, manufacturing, and sale of advanced security and access management products. Their comprehensive offerings include a spectrum of intercom systems, physical access control technologies, and critical emergency communication platforms. These solutions are tailored for diverse environments and requirements, such as managing entry and intercommunication for multi-unit residential buildings (condominiums and apartments), facilitating…

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VANCOUVER, British Columbia--(BUSINESS WIRE)--Viscount Systems Inc., (“Viscount”) (OTCQB:VSYS), a software company specializing in physical and logical security solutions, today announced its fourth quarter and full year 2014 financial results for the period ending December 31, 2014. “2014 was a stabilizing year for Viscount,” said Dennis Raefield, President and CEO of Viscount. “With the recent appointment of Ambassador Ned L. Siegel as Chairman of the Board of Directors, rising sales figures and a newly revamped commercial sales team, we’re well-positioned to capitalize on the market’s growing demand for a unified, highly-secure and cost-effective approach to physical access control.” Fourth Quarter & Full Year 2014 Highlights: Sales of Viscount’s flagship product line, the Freedom Access Control Platform (Freedom), for the year ending December 31, 2014 were $1,606,114, as compared to $883,680 for the year ending December 31, 2013, representing a rise of 81.8%. The increase is due to the demand in the market for an IT-empowered physical access control system (PACS) that is both cost-effective to deploy and highly-secure against cybersecurity attacks. Sales for the year ending December 31, 2014 were $4,769,298, as compared to $4,134,886 for the year ending December 31, 2013, representing a rise of 15.3%. This growth is largely attributable to increased sales from the company’s Freedom Access Control Platform product line. In fiscal 2014 Viscount expanded its patent portfolio with a new patent covering the method for physical access control using QR codes and mobile devices. This is part of the company’s continued focus on protecting its investments in mobile technologies and cloud software applications to support its rapidly-growing Freedom platform. The company bolstered its commercial sales team to aggressively drive sales for its three product lines, Enterphone, Mesh and Freedom. Among these changes is the addition of Scott Sieracki as new Vice President of Sales, who has more than 20 years of experience driving business deals with key customers, partners, accounts, and industry influencers. Sales for the years ended December 31, 2014 and 2013 were $4,769,298 and $4,134,886, respectively, an increase of $634,412 or 15.3%. Freedom sales for the years ended December 31, 2014 and 2013 were $1,606,114 and $883,680, respectively, an increase of $722,434 or 81.8%. MESH sales for the years ended December 31, 2014 and 2013 were $1,846,671 and $1,974,482, respectively, a decrease of $127,811 or 6.5%. Enterphone sales for the years ended December 31, 2014 and 2013 were $399,115 and $402,709, respectively, a decrease of $3,594 or 0.9%. Enterphone Sales and Service Division revenues for the years ended December 31, 2014 and 2013 were $1,316,513 and $1,276,724 respectively, an increase of $39,789 or 3.1%. Gross profit for the years ended December 31, 2014 and 2013 was $2,307,921 and $2,392,609, respectively, a decrease of $84,688 or 3.5%. This decrease was due to an adjustment in obsolete inventory which reduced cost of sales in 2013. The gross margin percentage for the year ended December 31, 2014 for our product categories of MESH, Freedom, Enterphone Sales and Service Division was 33.8%, 68.5%, and 48.4% respectively. The gross margin percentage for the year ended December 31, 2013 for our product categories of MESH, Freedom, Enterphone Sales and Service Division was 47.7%, 80.2%, and 57.9% respectively. Loss before other items for the year ended December 31, 2014 was $4,069,977 as compared to a loss before other items of $974,515 for the year ended December 31, 2013, an increased loss of $3,095,462. Included in the net loss for the year ended December 31, 2014 was a non-cash compensation expense of $1,519,950 for the issuance by Viscount of warrants and stock options to board members, management and staff. Mr. Raefield will hold a conference call to review these results and provide a corporate update on Thursday, March 26, 2015 at 1:15 PM PST (4:15 PM EST), after the close of the U.S. financial markets. Join the meeting by following the procedures below. 1. Please join the meeting by clicking on the following link: https://attendee.gotowebinar.com/register/9023284375628762626 2. Join the conference call. Canada (Long distance): +1 (647) 497-9368 United States: +1(609) 318-0024 3. Access Code: 168-967-191 4. Audio PIN: Shown after joining the session Should you have questions during the event please send an email to questions@viscount.com. About ViscountViscount is the leading provider of next generation, IT-centric access control and identity management applications. Viscount’s Freedom application platform allows seamless unification of the physical and digital security worlds by replacing discrete, self-contained systems with an integrated security system that is sophisticated enough to protect today’s critical business assets, and flexible enough to keep up with the evolving IT infrastructures of government and private organizations. For more information please visit: www.viscount.com Safe Harbor StatementForward 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. ContactThomas Mei / Allison Monatviscount@kcsa.com212-682-6300

BURNABY, British Columbia--(BUSINESS WIRE)--Viscount Systems (OTCQB:VSYS), a leading supplier of security software solutions, will file its 10-Q on Thursday, November 13 in addition to announcing Q3 results for the quarter ending September 30, 2014. Conference Call to Review Results Dennis Raefield, CEO and President of Viscount Systems, will hold a conference call Thursday November 13 at 1:15 PM PST (4:15 PM EST) to discuss Q3 results. Join the meeting by following the procedures below. 1. Please join the meeting by clicking on the following link: https://global.gotomeeting.com/join/997745205 2. Join the conference call. Canada (Long distance): +1 (647) 497-9351 United States: +1(619) 550-0006 Access Code: 997-745-205Audio PIN: Shown after joining the session Should you have questions during the event please send an email to questions@viscount.com. About Viscount's Freedom Access Control Solution Freedom is the first and only access control system that allows entry devices (ID cards, RFID readers, biometrics, etc.) to be connected to, and controlled by, standard building IT networks without requiring expensive control panels. This eliminates up to 60% of the cost of traditional access control system hardware. Freedom also utilizes existing IT permission databases (Microsoft Active Directory or LDAP) to replace the software component of traditional systems. Freedom drastically reduces system costs while providing a much more secure software solution. About Viscount Systems Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include the 2012 Microsoft "Be What's Next" Award, SIA Convergence Solution of the Year 2011 and Homeland Security Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011. Safe Harbor Statement 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. Contacts Investor Relations:Scott GreiperSecure Strategy Group(212) 333-0202sgreiper@securesg.com Viscount Systems Inc.604-327-9446Investors@viscount.com

BURNABY, British Columbia--(BUSINESS WIRE)--Viscount Systems (OTCQB:VSYS), a leading supplier of security software solutions, will file its 10-Q today in addition to announcing Q2 results for the quarter ending June 30, 2014. Revenues for the quarter ended June 30, 2014 were $1,356,163, an increase of $419,290, or 45%, as compared to the quarter ended March 31, 2014, and a 42% increase vs. the second quarter of 2013. Sales of the Company’s IT-based access control solution called Freedom rose by 221% for the six months ended June 30, 2014, as compared to the six months ended June 30, 2013. The company’s net loss for the quarter ended June 30, 2014, before non-cash and other items, was $2,231,523, as compared to a loss of $293,196 for the quarter ended June 30, 2013. The higher net loss is primarily due to the inclusion of a non-cash based stock compensation expense of $1,730,770 for derivative securities issued to management and staff. Excluding this non-cash based stock compensation expense would result in a net loss of $500,753. This adjusted loss of $500,753 increased by $207,557, as compared to the loss for the quarter ended June 30, 2013. This increase was due to the hiring of additional sales/marketing and R&D staff using the proceeds of Viscount’s April 2014 capital raise. Conference Call to Review Results Dennis Raefield, CEO and President of Viscount Systems, will hold a conference call Wednesday August 13 at 4:15 pm EST to discuss Q2 results. Join the meeting by following the procedures below. 1. Please join the meeting by clicking on the following link:https://global.gotomeeting.com/meeting/join/255300357Access Code: 255-300-357 Canada: +1 (647) 497-9351 United States: +1 (619) 550-0006 Access Code: Access Code: 255-300-357 Audio PIN: Shown after joining the meeting Meeting ID: 255-300-357 Should you have question during the event please send an email to sarah.wielens@viscount.com About Viscount's Freedom Access Control Solution Freedom is the first and only access control system that allows entry devices (ID cards, RFID readers, biometrics etc.) to be connected to, and controlled by, standard building IT networks without requiring expensive control panels. This eliminates up to 60% of the cost of traditional access control system hardware. Freedom also utilizes existing IT permission databases (Microsoft Active Directory or LDAP) to replace the software component of traditional systems. Freedom drastically reduces system costs while providing a much more secure software solution. About Viscount Systems Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include the 2012 Microsoft "Be What's Next" Award, SIA Convergence Solution of the Year 2011 and Homeland Security Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011. Contacts Investor Relations:Scott GreiperSecure Strategy Group(212) 333-0202sgreiper@securesg.com Viscount Systems Inc.604-327-9446Investors@viscount.com Safe Harbor Statement 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.