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Wednesday, December 18, 2013

SoundView Technology Group Equity Research Update; Viscount Systems (OTCQB:VSYS)

December 18, 2013 ( newswire) SoundView Technology Group Equity Research Update.
Microsoft (NASDAQ: MSFT) has recently committed to a solid core strategy of "Devices & Services" for the company. Even prior to a new CEO being named this has led to a much clearer path forward for Microsoft, their partners and their customers.

It also comes on the heels of a deepened technology partnership and revenue sharing agreement between Microsoft Global Security and Viscount Systems (OTCQB:VSYS) for cloud-based access control security products.
Most importantly this opens up a major technology licensing opportunity for Viscount as it is now clear to all equipment makers that they will absolutely need a software approach over IP networks.
As a small company with a substantial patent position and strong relationship with one of the key cloud infrastructure suppliers we see a licensing strategy emerging in 2014 and beyond for Viscount Systems which will help large but low innovation players like Tyco (TYC), Honeywell (HON) and Johns Controls (JCI) offer compatible security and access control products.
The licensing program now is only aspirational but the near-term business trends have remained intact thus far in the December quarter. We expect to see a continuation of improving YoY growth and solid sequential growth when the company closes the books on 2013.
The research update note is available at this link:
Any questions please contact:
Kris Tuttle
Director of Research
SoundView Technology Group

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