Vicon Industries, Inc. (VII: NYSE-AMEX), a designer and producer of video security and surveillance systems, today announced that while it ordinarily does not comment on market activity or market rumors, in view of the recent unusual market activity in its stock, the Company confirms that there has been no material development in its business and affairs not previously disclosed or, to its knowledge, any other reason to account for the unusual market action.
Vicon Industries, Inc. designs, engineers, assembles, and markets a wide range of video systems and system components used for security, surveillance, safety, communication and process 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.
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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