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HAUPPAUGE, NY, September 1, 2005 Vicon Industries, Inc. (ASE: VII), a leading designer and producer of video surveillance systems, today announced that the United States Postal Service (USPS) has awarded Vicon a contract to be their exclusive National Direct Vendor for CCTV systems. The contract, which has been executed by both parties, provides for an initial two (2) year term together with three two (2) year renewal options. It can be cancelled at any time by the USPS. Mr. Darby said Vicon is honored to be chosen as the USPS partner for their facilities video requirements.
Vicon Industries, Inc. designs, manufactures, assembles and markets a comprehensive line of video systems and system components used for security, surveillance, safety and control purposes by a broad group of end users worldwide.
This news release contains forward-looking statements that involve risks and uncertainties. Statements that are not historical facts, including statements about the adequacy of reserves, estimated costs, Company intentions, probabilities, beliefs, prospects and strategies and its expectations about expansion into new markets, growth in existing markets, enhanced operating margins or growth in its business, are forward-looking statements that involve risks and uncertainties. Actual results and events may differ significantly from those discussed in the forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements.
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