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Viscount Systems Appoints Dennis Raefield as Chief Executive Officer


Viscount Systems Appoints Dennis Raefield as Chief Executive Officer

Burnaby, British Columbia CANADA, February 18, 2014 /FSC/ – Viscount Systems Inc. (VSYS – OTCQB), a leading-edge supplier of security systems and software, announced today that the company has appointed Mr. Dennis Raefield as its new Chief Executive Officer, effective as of February 17, 2014. Mr. Raefield has been a board member for Viscount since November of 2011. Mr. Raefield replaces Mr. Steve Pineau, who has resigned from the Company effective immediately.

“I want to thank Steve for his valuable contributions to Viscount over the past twelve years,” commented Mr. Raefield. “Viscount’s Freedom access control security technology is well positioned to continue to benefit from the convergence between cyber and physical security systems, and we plan to invest in our infrastructure and people to meet this demand.”

Mr. Raefield has a thirty-five year career in the security industry in senior management roles. He was President of Honeywell Access Systems, a manufacturer of enterprise level access control systems for Fortune 100 clients, which he grew to $120 million from inception. Mr. Raefield was also President of Pinkerton Systems Integration (now Stanley), a security system integration business installing video, access control and alarms to Fortune 500 clients, which he grew from $15 million to $80 million in three years. He also served as CEO of Mace Security (OTCPK:MACE), a provider of defense, safety and security products. 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.

About Viscount’s Freedom Access Control Security 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 and wiring. This eliminates up to 80% of the cost of traditional access control systems and provides a green, environmentally friendly solution. Freedom also enables existing IT databases (Microsoft Active Directory or LDAP) to replace the software component of traditional systems. As a result, Viscount’s Freedom technology drastically reduces system costs while providing a much more secure access control 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.


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Source: Viscount Systems Inc. (OTCQB:VSYS)

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