VANCOUVER, British Columbia--(BUSINESS WIRE)--Viscount Systems (OTCQB: VSYS), a leading provider of IT-based security software and services, announced today the addition of Geoffrey W. Arens to its Board of Directors. Mr. Arens participated in Viscount’s latest funding round and joins as the designated board member appointed by the company’s Series A Convertible Redeemable Preferred Stock Holder, One East Capital.
Mr. Arens has over 22 years of investment experience and is currently the Managing Partner and Founder of Dendera Capital LP, a New York-based hedge fund. Previously, Mr. Arens served as Managing Director for ING Capital LLC, where he ran the bank’s proprietary investing activities including its event-driven, Global Investment Strategies group.
Mr. Arens previously served on the Board of Directors of California Coastal Communities, a residential land development and homebuilding company where he was Chair of the Compensation Committee and member of the Audit and Nomination Committees. He has also served on the Board of Directors of Cadiz Inc., a California-based water and agricultural resource where he was a member of the Audit and Nomination Committees.
“I look forward to joining the Viscount Board of Directors and welcome the opportunity to be part of what is a compelling growth story moving forward,” Mr. Arens said. “Viscount is built on a foundation of innovation and as the company moves to scale with its Freedom platform, I am excited to help drive long-term, sustainable growth.”
“Viscount is extremely fortunate to have Geoffrey’s advice and engaged support as one of our Directors,” said Dennis Raefield, President and CEO, Viscount Systems. “He has already made important contributions to our success, and I’m confident he will be an important partner in shaping our growth and strategic planning moving forward. I am happy to add another investor-oriented Board member to the team.”
About Viscount Systems
Viscount Systems, Inc. is a global security software solutions company that is changing the way access control is deployed and managed in the enterprise. Its revolutionary Freedom Software is the first access control system that allows ID devices to be connected to standard IT networks without requiring local control panels. Freedom brings cyber security protection to access control, reduces the cost of deployment and long term ownership, and provides a future-proof platform for unifying physical and logical security applications. To learn more, visit http://www.viscount.com.
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