Viscount Systems Inc. has named Ambassador Ned L. Siegel as the Chairman of the Board of Directors, effective immediately. Siegel was elected to the company's Board in April 2014 and succeeds Dennis Raefield, who has stepped down as Chairman to focus on the company's expected rapid growth and will continue to serve as Chief Executive Officer and as a member of the Board. Siegel brings over 30 years of entrepreneurial, business management and political leadership experience to Viscount.

His extensive track record restructuring, repositioning and recapitalizing business ventures, developing new investment strategies, and establishing strategic relationships will be instrumental in creating return-driven opportunities for the company. Prior to his Ambassadorship, Siegel was honored by two additional Presidential appointments.