BURNABY, BC — (MARKET WIRE) Viscount Systems (OTC BB: VSYS) announced today that company has entered an Investment Banking and Advisory Agreement with Mallon Associates, Inc., a New York investment bank specializing in the security industry. Under the terms of the agreement, Mallon Associates will act as financial advisors for any future merger, acquisition, strategic alliance or capital raise.

"Mallon Associates is a leading and respected Investment Bank in the security industry," noted Stephen Pineau, President and CEO of Viscount. "Their experience and relationships will be a major asset as the interest in our new MESH facility operating system continues to grow. We are generating opportunities for MESH not just in the security sector but in telephony and the increasing trend that predicts security moving to an IT appliance architecture. The MESH software platform is a threat to hardware-based systems that predominate the physical security industry and the assistance of Mallon will be critical in determining our future path and company structure."