Vicon (VII) Responses to Unusual Activity by Saying No Material Development in Its Business

September 24, 2012 3:42 PM EDT
Vicon Industries, Inc. (NYSE: VII) 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.

Shares of Vicon are higher by 21 percent intraday on Monday.


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