Visonic- Wireless security, wireless emergency systems, wireless property protection

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Visonic Announces New Strategic Agreement

June 13 2007

Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and manufacturer of electronic security systems (alarms) and home management systems, is pleased to announce that it has signed a new supply agreement, with Mitteldeutsche Gasversorgung GmbH (“MITGAS”), a leading provider of gas and electricity in Germany and part of the RWE Group.


Visonic will supply MITGAS with its PowerMax®+, one of the most advanced home security and automation platform available today. PowerMax+ with the optional PowerLink allows  householders to view real-time images of their homes from any remote internet location. This unique facility is complemented by a host of powerful capabilities including detection of smoke, gas and flooding, reliable full GSM backup capabilities, easy remote access via SMS, e-mail, mobile or regular phone or a secure web application.


Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:


“We are extremely pleased to have signed this agreement with MITGAS, one of the leading providers of gas and electricity in Germany and part of the RWE Group. This contract is in line with our strategy of developing sales through mass market distribution channels. We will supply MITGAS with the PowerMax+, the flagship product in our range of innovative wireless residential security and home management products that provide home owners with security and peace of mind."


Dr. Jens Horn, C.E.O. of MITGAS Mitteldeutsche Gasversorgung GmbH, added:


“We selected Visonic’s high quality products to support MITGAS’s service to our customers. We believe that partnership with Visonic provides an ideal way to offer market leading products and services to our customers.”


MITGAS is piloting the home monitoring service with its existing residential customers and will also offer it to new gas supply customers. As part of the service, MITGAS will provide customers with a full installation, monitoring and maintenance package.


- ENDS -

 

For further information please contact:

 

Dr Avi Shachrai (President & CEO)
Yair Naaman (CFO)
Visonic  
Tel: + 972 3 645 6700
Website: www.visonic.com
   
Alistair Mackinnon-Musson  
Nicola Savage  
Hudson Sandler  
Tel:  + 44 (0)20 7796 4133
Email: visonic@hspr.com
   
Neil Kirton  
Arbuthnot Securities  
Tel: + 44 (0)20 7012 2000
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