Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

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

|Includes: Viscount Systems, Inc. (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 (NYSE:HON) and Johns Controls (NYSE: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