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Viscount Systems Inc  (VSYS)
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Viscount Systems Inc Segments

 
 

Business Segments II. Quarter
Revenues
(in millions $)
(Jun 30 2016)
%
(of total Revenues)
II. Quarter
Income
(in millions $)
(Jun 30 2016)
%
(Profit Margin)
Total
1.03 100 % -0.70 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment II. Quarter
Y/Y Revenue
%
(Jun 30 2016)
Q/Q Revenue
%
II. Quarter
Y/Y Income
%
(Jun 30 2016)
Q/Q Income
%
Total
-22.44 % 4.65 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Viscount Systems Inc's Total segment. Select each division with the arrow.

  Viscount Systems Inc's

Business Segments Description



Historically, the Company’s principal product was the Enterphone intercom and access control system. Enterphone is the Company’s patented building entry control system that uses a building’s internal phone wiring to allow access control for tenants and intercom and access control between visitors and tenants. The use of a building’s internal phone wiring by the Company’s Enterphone system provides an option to using telephone company wiring, thereby bypassing monthly telephone charges. It also does not require tenants to pay for an individual phone line to operate their intercom and door access system and is not affected by interruptions in telephone company service. This makes the Company’s Enterphone system distinct from other “dial-up” telephone entry systems that use telephone company lines.

The Enterphone EPX system is sold as a central control unit which is installed in a building’s telephone control room. The EPX connects an intercom panel located at an entrance to the building with the telephone of building tenants. A visitor wishing to gain access to the building dials a one to four digit number at the entrance panel. The call is directed from the entrance panel, through the EPX system and up to the tenant’s telephone. The tenant hears a unique ring and can unlock the entrance door by pressing a number on the telephone’s numeric key-pad. EPX can process connections to as many as 840 suites.

The Company also manufactures electronic entry access panels that can operate using either the EPX system or dial-up telephone company lines. The Company’s panels are manufactured in various sizes and with various features in order to accommodate varying purposes and building types. For example, the Company manufactures panels that provide intercom and access control from one suite to unlimited number of suits; or panels that provide on-screen name search capabilities; or panels that are streamlined in shape or small in size. All panels that the Company manufactures incorporate the Enterphone technology; however, most panels can also be installed to use telephone company lines.

Enterphone panels can also be combined with other technologies such as access tracking and control, closed-circuit monitors, infrared and radio frequency remotes, and Wiegand cards and card readers. The Company purchases these technologies from other manufacturers and resells them under the Company’s brand names. Most of the products that the Company resells can be integrated into our Enterphone access control system.

Enterphone iQ

Viscount completed a new product line, offering a mid-ranged solution based on our MESH technology. This LCD color video screen, housed in a smaller footprint at considerable cost savings, is intended to offer Viscount’s high-quality telephone entry system at a price comparable to our competitors’ black and white, LCD, two to four line display. We expect considerable sales growth with this product, capturing a price point for which Viscount had no offering previously. This introduction reflects a re-commitment to the telephone entry market that had previously been allowed to age in its technology.

MESH and Freedom Access Control Systems

MESH is a software-based building management system designed to replace traditional systems that are more hardware intensive. The Company continues to develop technology that was initially conceptualized in 1998. MESH was commercially released in late 2003. MESH applications include touch-screen intercoms, building directories and physical card access and alarms. The first MESH product releases were touch-screen intercoms designed as an accessory for the Enterphone/EPX product line. Viscount subsequently enhanced MESH to include physical card access. For traditional markets such as high-rise condominiums, MESH intercom systems as well as access control systems have proven to be complementary. However, in 2012, Viscount split MESH into two components: the intercom component will continue to be branded as MESH and the access control component will be branded as Freedom. The purpose of this was to eliminate market confusion whereby end users looking for a highly secure physical access system were presented with MESH, which appeared to be primarily an intercom system.

MESH intercoms use a regular computer motherboard and off-the-shelf computer accessories such as touch screens to create computerized building intercom systems and building directories. MESH touch panels are intercom accessories for the MESH access control and facility management system. MESH panels can be surface- or flush- mounted. MESH allows building tenants to communicate with visitors and grant or deny entry. Units can display residential or commercial building directory listings with a building-specific screen saver. Options include built-in cameras, card access, and elevator control, and internal heater for extremely cold climates.

MESH panels, located at entrance doors for visitor access, can operate independently or as a client of the MESH server. The basic MESH panel that the Company has commercially released is a full color screen industrial computer. The MESH panels may be located at entrance doors for visitor access or can be on-site managed by security guards as they manage the MESH network. The host/client architecture of MESH panels reduces cost, simplifies programming, and improves data base management.

Freedom

Freedom is the new internet technology (“IT”) platform developed and released by the Company during the last quarter of 2010. This IT platform can turn any card reader into an internet protocol (“IP”) device by connecting the Freedom IP device with built-in input/output to a Power-Over-Ethernet (“POE”) switch and then every card usage is processed on a redundant MESH server either in a customer’s building or any remote site. Freedom is designed as a highly secure, scalable software solution to ensure that stringent access control is maintained in homeland security applications. The ability to unify physical/logical operations, leverage existing IT infrastructure and ensure high levels of compliance with government regulations enables Freedom to provide significant benefit to integration partners and end customers.

   

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