1158387--3/20/2009--VISCOUNT_SYSTEMS

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We cannot be certain that the market will accept our new MESH technology as necessary to generate an economically viable level of sales. We may not be successful at achieving a profitable level of sales of our MESH technology. Other companies with greater resources than we have are currently developing or have commercially available products that use similar technology to our MESH product, and we may lose potential market share as a result. The loss or unavailability of Stephen Pineau, our President, Principal Executive Officer, and Principal Financial Officer for an extended period of time could adversely affect our business operations and prospects. Because our common stock trades at prices below US$5.00 per share, and because we are not listed on a national exchange, there are additional regulations imposed on broker-dealers trading in our shares that may make it more difficult for you to resell our shares. Our directors and officers hold approximately 47% of our common stock and acting together may have the ability to control management and affairs of Viscount and to deter changes in control.

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1158387--3/20/2009--VISCOUNT_SYSTEMS_INC