HAUPPAUGE, N.Y.–(BUSINESS WIRE)–Vicon Industries, Inc. (OTCQB: VCON) today announced that the company is
implementing a restructuring plan to improve the overall operating
efficiency and performance of its business. These efforts are aimed to
position the company for long term growth and profitability.
The Company is taking several steps including reducing overhead
expenses, consolidating operations, and restructuring personnel to put
the company on a path toward profitability over the next several
quarters. The Company plans to provide specific details about these
changes in its next quarterly report.
Vicons Chairman and CEO, Saagar…
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