Viscount Systems

What Viscount Systems does

Viscount Systems is a publicly traded holding entity (OTCPINK: VSYS) headquartered in Burnaby, Canada, operating through its Hirsch subsidiary brand, which is itself owned by Hirsch Group, a French holding company headquartered in Lyon. The company designs and markets physical security systems, primarily access control hardware and a unified security software platform, serving government, defense, critical infrastructure, healthcare, education, aviation, and logistics customers. Its core products are the Velocity One unified security platform, which integrates access control, video surveillance, intrusion detection, perimeter security, and identity management, and the ScramblePad line of tamper-resistant access control keypads. Viscount/Hirsch holds FIPS 201 and HSPD-12 certifications enabling it to bid on U.S. federal and defense deployments, and it supports HIPAA-compliant healthcare deployments.

The business model combines hardware sales (access panels, ScramblePad devices with end-to-end encryption), software platform licensing for Velocity One (sold via sales engagement rather than transparent public pricing), and professional services for implementation and ongoing support. Go-to-market is hybrid: a small direct enterprise sales motion targets government, defense, and large enterprises, while the bulk of reach is delivered through a stated network of 400+ channel partners globally, including large operators such as Siemens and Airbus. The company operates regional offices in the United States (Santa Ana, CA), France (Lyon and Aix-en-Provence), Germany (Rüsselsheim), and the United Kingdom (Coventry), and claims a customer base of more than 12,000 organizations.

Leadership is led by Dennis Raefield as President & CEO. The company has 11-50 employees, is listed on OTC Pink, and historically raised small amounts of capital (approximately $3.26 million across 2012-2014); most recent financial metrics are not publicly disclosed. The combination of a micro-cap public listing, a sub-50-person headcount, and a heavy reliance on channel partners suggests a niche, project-driven hardware and integration business rather than a high-velocity SaaS model.

Name

Viscount Systems

Legal name

Hirsch Group

Website

https://viscount.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Viscount Systems (OTCPINK: VSYS), operating through its Hirsch brand, provides access control hardware (ScramblePad) and the Velocity One unified security platform for government, defense, critical infrastructure, healthcare, and education customers, distributed via direct sales and 400+ channel partners across North America and EMEA.

Ownership category

akta.pro rank

Headquarters

HQ city

Burnaby

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Security Hardware Sales: Sale of physical security hardware including access control panels, keypads (ScramblePad), and end-to-end encryption-enabled devices. Hardware forms the foundational layer of the security solution with proven durability and regulatory compliance.
2. Software Platform Licensing: Velocity One unified security platform providing integrated access, video, and intrusion management with advanced analytics. Sold as software licenses with potential subscription or perpetual licensing models.
3. Professional Services: Implementation, deployment, and ongoing technical support services for security solutions across government and enterprise environments.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Viscount Systems (OTCMKTS: VSYS) operates through its Hirsch brand to deliver enterprise physical security solutions, anchored by the Velocity One unified security ecosystem software platform and complemented by hardware such as the ScramblePad secure access control keypad. The company integrates access control, intrusion detection, video management, and intercom onto a single IT-centric platform for high-security government, defense, and critical infrastructure deployments.

Product overview

Viscount Systems, through its Hirsch brand, offers a unified security platform architecture. The core product is Velocity One, an all-in-one interoperable ecosystem that unifies access, video, and intrusion security capabilities. This software platform is complemented by proven hardware products including the award-winning ScramblePad line of access control devices. The portfolio serves over 12,000 customers across government, healthcare, education, aviation, and critical infrastructure sectors, combining physical security hardware with centralized management software.

Differentiator

Problem solved

Functional benefit

Brands

• Velocity One: All-in-one interoperable security ecosystem combining integrated compliance and advanced analytics for seamless control, designed for future-proof security solutions.
• ScramblePad

Products and services

• Velocity One Security Management Platform

Quantifiable outcome

• 12,000+ customers served globally
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor.

• Oll USA (Olivier Life)minorStrategic or Co-development PartnerLogo shown on Hirsch customer showcase page indicating partnership or customer relationship
• Sun HealthminorStrategic or Co-development PartnerHealthcare customer featured in case study demonstrating assisted living security deployment
• San Diego Convention Center (SAN)minorStrategic or Co-development PartnerLogo shown on Hirsch customer showcase page indicating partnership or customer relationship
• Valleywise HealthminorStrategic or Co-development PartnerHealthcare system customer featured in logo showcase
• AirbusminorStrategic or Co-development PartnerMajor aerospace and defense company shown as customer/user of Hirsch security solutions
• SiemensminorStrategic or Co-development PartnerGlobal technology company featured as customer of Hirsch security solutions

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Identiv: Identiv provides physical access control, credentialing, and security solutions including Hirsch-branded legacy lines and Freedom/Enterphone systems, making it a close competitor in access control hardware and software.
• Genetec: Genetec provides a unified security platform (Security Center) combining access control, video surveillance, and intrusion detection for enterprise and government customers, directly competing with Velocity One.
• LenelS2 (Carrier): LenelS2's OnGuard access control and integrated security platform is a long-standing enterprise competitor in regulated and government environments, directly comparable to Hirsch/Velocity One.
• Johnson Controls (C•CURE / Software House): Johnson Controls' C•CURE 9000 and Software House portfolio are enterprise-grade access control and integrated security platforms widely deployed in government and critical infrastructure, overlapping directly with Hirsch's portfolio.
• AMAG Technology: AMAG's Symmetry access control and integrated security suite targets enterprise and government customers with unified physical security capabilities similar to Velocity One.

Emerging players

• Verkada: Verkada offers a cloud-managed, integrated physical security platform combining video, access control, and environmental sensors, competing with Velocity One for unified security buyers in commercial and enterprise segments.
• Brivo: Brivo provides cloud-native access control and physical security platforms aimed at commercial and enterprise customers, representing a modern software-led competitor to Hirsch's unified platform strategy.

Broad incumbents

• Axis Communications: Axis is a global leader in network video surveillance and a key building block in many integrated security stacks, competing in the video surveillance layer that Velocity One unifies.
• Bosch Security Systems: Bosch offers a broad portfolio of video surveillance, access control, and intrusion detection products integrated through its Building Integration System, competing with Hirsch across multiple product layers.
• Honeywell Building Technologies (Security): Honeywell offers Pro-Watch and other access control and integrated security solutions across commercial, industrial, and government customers, competing broadly with Hirsch's unified offerings.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ViscountSystems
• YouTubeyoutube.com/@HirschSecure
• Facebookfacebook.com/ViscountSystems
• LinkedInlinkedin.com/company/viscount-systems-inc.
• Instagraminstagram.com/hirschsecure

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Viscount Systems