<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  ____________

                                    FORM 10-Q

(MARK ONE)
[X]  QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR 15(d) OF THE SECURITIES AND
     EXCHANGE  ACT  OF  1934
                    FOR THE PERIOD ENDING SEPTEMBER 30, 2002
                                       OR
[ ]  TRANSITION  REPORT  PURSUANT  TO  SECTION 13 OR 15(d) OF THE SECURITIES AND
     EXCHANGE  ACT  OF  1934
     FOR  THE  TRANSITION  PERIOD  FROM__________  TO____________
                         COMMISSION FILE NUMBER 0 - 1325


                              VICOM, INCORPORATED

             (Exact name of registrant as specified in its charter)

                                    MINNESOTA

         (State or other jurisdiction of incorporation or organization)

                                  41 - 1255001

                        (IRS Employer Identification No.)

              9449 SCIENCE CENTER DRIVE, NEW HOPE, MINNESOTA 55428

                    (Address of principal executive offices)

                TELEPHONE (763) 504-3000   FAX (763) 504-3060

                        www.vicominc.net   Internet

     (Registrant's  telephone  number,  facsimile  number, and Internet address)

     Indicate  by  check  mark  whether the registrant (1) has filed all reports
required  to  be filed by Section 13 or 15(d) of the Securities and Exchange Act
of  1934  during  the  preceding  12 months (or for such shorter period that the
registrant  was required to file such reports), and (2) has been subject to such
filing  requirements  for  the  past  90  days.

                                  Yes [X] No [ ]

     On  October  31,  2002  there  were  12,882,073  shares  outstanding of the
registrant's  common  stock,  par  value $.01 per share, and 165,541 outstanding
shares  of  the  registrant's  convertible  preferred  stock.

================================================================================


<PAGE>
PART  I.  FINANCIAL  INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS
<TABLE>
<CAPTION>
                                          VICOM, INCORPORATED AND SUBSIDIARIES
                                    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                                      (unaudited)

                                                               Three Months Ended               Nine Months Ended
                                                        ---------------------------------  ----------------------------
                                                        September 30,  September 30,       September 30,   September 30,
                                                           2002             2001               2002          2001
                                                        ------------  -------------------- -------------  -------------

REVENUES                                                 $6,382,633        $7,678,534       $18,589,245    $26,191,582
                                                        ------------  --------------------  ------------  -------------

<S>                                                          <C>           <C>                   <C>           <C>
COSTS AND EXPENSES
Cost of products and services. . . . . . . . . . . . .    4,680,582             6,110,861    13,824,510     20,714,309
Selling, general and administrative. . . . . . . . . .    2,256,745             2,529,531     6,753,506      8,276,614
Impairment on property and equipment . . . . . . . . .      119,480                     0       119,480              0
                                                        ------------  --------------------  ------------  -------------

 Total Costs and Expenses                                 7,056,807             8,640,392    20,697,496     28,990,923
                                                        ------------  --------------------  ------------  -------------

LOSS FROM OPERATIONS . . . . . . . . . . . . . . . . .     (674,174)             (961,858)   (2,108,251)    (2,799,341)
                                                        ------------  --------------------  ------------  -------------


OTHER EXPENSES
Interest expense . . . . . . . . . . . . . . . . . . .     (349,388)             (352,735)   (1,122,292)    (1,018,944)
Income (expense) . . . . . . . . . . . . . . . . . . .      (93,171)                8,533       (48,214)        53,930
                                                        ------------  --------------------  ------------  -------------

 Total Other Expense                                       (442,559)             (344,202)   (1,170,506)      (965,014)
                                                        ------------  --------------------  ------------  -------------

LOSS BEFORE INCOME TAXES . . . . . . . . . . . . . . .   (1,116,733)           (1,306,060)   (3,278,757)    (3,764,355)

PROVISION FOR INCOME TAXES . . . . . . . . . . . . . .            0                     0             0              0
                                                        ------------  --------------------  ------------  -------------



NET LOSS                                                $(1,116,733)  $        (1,306,060)  $(3,278,757)  $(3,764,355))
     Preferred stock dividends                              (39,494)              (72,817)      (90,230)      (248,425)
                                                        ------------  --------------------  ------------  -------------
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS                $(1,156,227)  $        (1,378,877)  $(3,368,987)  $ (4,012,780)
                                                        ============  ====================  ============  =============

LOSS PER SHARE-
BASIC AND DILUTED. . . . . . . . . . . . . . . . . . .  $      (.09)  $              (.15)  $      (.29)  $       (.48)
                                                        ============  ====================  ============  =============

WEIGHTED AVERAGE SHARES OUTSTANDING-BASIC AND DILUTED    12,028,501             8,939,847    11,398,078      8,317,954
</TABLE>
            See notes to condensed consolidated financial statements

                                        2
<PAGE>
                      VICOM, INCORPORATED AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>


                                                                         SEPTEMBER 30, 2002  DECEMBER 31, 2001
                                                                         ------------------  -----------------
                                                                             (UNAUDITED)       (AUDITED)
                                  ASSETS
CURRENT ASSETS
<S>                                                                        <C>            <C>
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $    261,931   $    624,845
Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . .     2,165,072      2,595,368
Inventories, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     1,507,801      1,646,441
Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . .       264,821        295,324
                                                                            -------------  -------------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . . . . . . . . . . .     4,199,625     5,161,978

PROPERTY AND EQUIPMENT, NET. . . . . . . . . . . . . . . . . . . . . . . .     2,822,250     4,059,831

OTHER ASSETS
Goodwill, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     2,748,879      2,748,879
Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       239,491        260,612
                                                                            -------------  -------------
 TOTAL OTHER ASSETS                                                            2,988,370      3,009,491
                                                                            -------------  -------------

TOTAL ASSETS                                                                $ 10,010,245   $ 12,231,300
                                                                           =============  =============

                LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Wholesale line of credit . . . . . . . . . . . . . . . . . . . . . . . . .  $    817,873   $  1,324,807
Current portion of long term debt. . . . . . . . . . . . . . . . . . . . .       528,317         85,789
Current portion of capital lease obligations . . . . . . . . . . . . . . .        39,006        309,906
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     1,849,546      1,800,285
Accrued liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . .       755,451        776,417
Deferred service obligations and revenue . . . . . . . . . . . . . . . . .       308,609        416,606
                                                                           -------------  -------------
TOTAL CURRENT LIABILITIES. . . . . . . . . . . . . . . . . . . . . . . . .     4,298,802      4,713,810

LONG TERM DEBT, NET. . . . . . . . . . . . . . . . . . . . . . . . . . . .     2,885,108      2,669,510
CAPITAL LEASE OBLIGATIONS, NET OF CURRENT PORTION. . . . . . . . . . . . .        76,015        642,360
                                                                           -------------  -------------
TOTAL LIABILITIES                      . . . . . . . . . . . . . . . . . .     7,259,925      8,025,680
                                                                           -------------  -------------

STOCKHOLDERS' EQUITY
     Cumulative convertible preferred stock, no par value:
         8% Class A (27,831 and 28,872 shares issued and outstanding). . .       418,252        433,867
         10% Class B (6,200 and 8,700 shares issued and outstanding) . . .        62,000         87,000
         10% Class C (131,510 and 139,510 shares issued and outstanding) .     1,699,407      1,800,447
         14% Class D (0 and 40,000 shares issued and outstanding). . . . .             0        417,500
Common stock-no par value (12,757,634 and 10,679,450 shares issued;
12,700,313 and 10,604,113 shares outstanding) . . . . . . . . . . . . . .      4,802,146      3,443,104
Stock subscription receivable. . . . . . . . . . . . . . . . . . . . . . .      (573,740)      (610,000)
Options and warrants . . . . . . . . . . . . . . . . . . . . . . . . . . .    25,604,899     24,957,912
Unamortized compensation                   . . . . . . . . . . . . . . . .      (769,295)    (1,209,143)
Accumulated deficit                   .. . . . . . . . . . . . . . . . . .   (28,493,349)   (25,115,067)
                                                                            -------------  -------------
TOTAL STOCKHOLDERS' EQUITY                                                      2,750,320      4,205,620
                                                                            -------------  -------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                   $ 10,010,245   $ 12,231,300
                                                                            =============  =============
</TABLE>

     See  notes  to  condensed  consolidated  financial  statements.

                                        3
<PAGE>
                      VICOM, INCORPORATED AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (unaudited)
<TABLE>
<CAPTION>


                                                                                           NINE  MONTHS  ENDED
                                                                                          --------------------------
                                                                                          SEPTEMBER 30, (UNAUDITED)
                                                                                          --------------------------
                                                                                              2002          2001
                                                                                          ------------  ------------
OPERATING ACTIVITIES
<S>                                                                                            <C>           <C>
Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(3,278,757)  $(3,764,355)
Adjustments to reconcile net loss to net cash flows from operating activities
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      730,581       766,881
Amortization of deferred compensation. . . . . . . . . . . . . . . . . . . . . . . . . .      408,201       667,735
Amortization of original issue discount. . . . . . . . . . . . . . . . . . . . . . . . .      768,159       179,968
Impairment on property and equipment . . . . . . . . . . . . . . . . . . . . . . . . . .      119,480             0
Common stock issued for services . . . . . . . . . . . . . . . . . . . . . . . . . . . .       14,700             0
Loss on sales of property and equipment. . . . . . . . . . . . . . . . . . . . . . . . .      118,367             0
Discount on preferred stock related to warrants                                               (53,041)            0
Changes in operating assets and liabilities:
Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      428,421     2,450,753
Inventories, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      138,640       350,697
Costs, estimated earnings and billings . . . . . . . . . . . . . . . . . . . . . . . . .            0        25,460
Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      (30,621)            0
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       19,507      (107,650)
Wholesale line of credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     (506,934)     (974,647)
Accounts payable and accrued liabilities . . . . . . . . . . . . . . . . . . . . . . . .      140,432      (313,134)
Deferred service obligations and revenue . . . . . . . . . . . . . . . . . . . . . . . .     (107,997)      121,103
                                                                                          ------------  ------------
Net cash flows from operating activities . . . . . . . . . . . . . . . . . . . . . . . .   (1,090,862)     (597,189)
                                                                                          ------------  ------------
INVESTING ACTIVITIES
Purchases of property and equipment. . . . . . . . . . . . . . . . . . . . . . . . . . .     (583,552)   (1,585,278)
Purchase acquisition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            0       (50,000)
Proceeds from sale of property and equipment                       . . . . . . . . . . .      965,948             0
Collections on notes receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . .       33,572        52,972
                                                                                          ------------  ------------
Net cash flows from investing activities . . . . . . . . . . . . . . . . . . . . . . . .      415,968    (1,582,306)
                                                                                          ------------  ------------
FINANCING ACTIVITIES
Proceeds from notes and installment obligations payable. . . . . . . . . . . . . . . . .            0       169,050
Proceeds from long-term debt and warrants issued with long term debt                   .      672,001     1,695,000
Payments on long term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      (96,855)     (352,883)
Payments on capital lease obligations. . . . . . . . . . . . . . . . . . . . . . . . . .     (919,365)            0
Proceeds from issuance of stock and warrants . . . . . . . . . . . . . . . . . . . . . .      840,429     1,363,919
Stock issuance costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            0      (101,975)
Redemption of preferred stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      (94,000)     (480,500)
Preferred stock dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      (90,230)     (248,425)
                                                                                          ------------  ------------
Net cash flows from financing activities . . . . . . . . . . . . . . . . . . . . . . . .      311,980     2,044,186
                                                                                          ------------  ------------
DECREASE IN CASH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     (362,914)     (135,309)
CASH
Beginning of period. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      624,845     1,161,479
                                                                                          ------------  ------------
End of period. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      261,931     1,026,170
                                                                                          ============  ============
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest, net of amortization of original issue discount . . . . . . . . .      393,587       495,234
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Stock options issued below fair market value related to compensation.  . . . . . . . . .          400             0
Issuance of preferred stock for acquisition of assets. . . . . . . . . . . . . . . . . .       18,590             0
Warrants issued with debt                                     .. . . . . . . . . . . . .        8,529             0
Notes payable converted to preferred stock . . . . . . . . . . . . . . . . . . . . . . .      414,882       255,850
Accounts payable converted to common stock . . . . . . . . . . . . . . . . . . . . . . .        7,255             0
Accounts payable converted to preferred stock. . . . . . . . . . . . . . . . . . . . . .            0       129,050
Conversion of preferred stock to common stock. . . . . . . . . . . . . . . . . . . . . .      150,000             0
Subscriptions receivable on common stock . . . . . . . . . . . . . . . . . . . . . . . .            0       510,000
Conversion of note receivable to common stock                            . . . . . . . .       34,563             0
Conversion of preferred stock to note payable                             .. . . . . . .      290,000             0
Stock issued for guarantee of debt                                  .. . . . . . . . . .       14,750             0
Purchase acquisition
  Assets acquired  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            0       381,808
  Liabilities assumed .  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .            0         2,154
  Equity securities consideration .  . . . . . . . . . . . . . . . . . . . . . . . . . .            0       329,664
Employee Stock Options Issued with Unamortized Compensation  . . . . . . . . . . . . . .            0     1,200,000
</TABLE>

     See  notes  to  condensed  consolidated  financial  statements

                                        4
<PAGE>

VICOM,  INCORPORATED  AND  SUBSIDIARIES
NOTES  TO  CONDENSED  CONSOLIDATED  FINANCIAL  STATEMENTS
(unaudited)

NOTE  1  -  UNAUDITED  CONSOLIDATED  FINANCIAL  STATEMENTS

The  information  furnished  in  this  report  is  unaudited  and  reflects  all
adjustments  which are normal recurring adjustments and, which in the opinion of
management,  are  necessary  to  fairly  present  the  operating results for the
interim periods. The operating results for the interim periods presented are not
necessarily  indicative  of  the  operating  results to be expected for the full
fiscal  year.

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

REVENUES  AND  COST  RECOGNITION

Vicom,  Inc. and subsidiaries (the Company) earns revenues from four sources: 1)
Video  and  computer  technology  products  which are sold but not installed, 2)
Voice,  video  and  data communication products which are sold and installed, 3)
Service  revenues  related  to  communication  products  which are sold and both
installed  and not installed, and 4) MultiBand user charges to multiple dwelling
units.

Revenues  from  video  and  computer technology products, which are sold but not
installed, are recognized when delivered and the customer has accepted the terms
and  has  the  ability  to  fulfill  the  terms.

Customer  contracts  for  both  the  purchase and installation of voice and data
networking  technology  products  and certain video technologies products on one
sales  agreement,  as  installation  of  the  product  is  essential  to  the
functionality  of the product.  Revenues and costs on the sale of products where
installation  is  involved  are  recognized  under  the percentage of completion
method. Costs are expensed as incurred.  The amount of revenue recognized is the
portion  that  the cost expended to date bears to the anticipated total contract
cost,  based on current estimates to complete.  Contract costs include all labor
and  materials  unique  to  or  installed in the project, as well as subcontract
costs.  Costs  and  estimated  earnings  in excess of billings are classified as
current  assets;  billings  in  excess  of  costs  and  estimated  earnings  are
classified  as  current  liabilities.

Service  revenues  related to technology products including consulting, training
and  support are recognized when the services are provided.  The Company, if the
customer  elects, enters into equipment maintenance agreements for products sold
once  the  original  manufacturer's  warranty  has  expired.  Revenues  from all
equipment  maintenance  agreements  are recognized on a straight-line basis over
the  terms  of  each  contract.  Costs  for  services  are expensed as incurred.

MultiBand  user  charges  are  recognized  as revenues in the period the related
services  are  provided.

Warranty costs incurred on new product sales are substantially reimbursed by the
equipment  suppliers.

Goodwill
Goodwill  represents  the  excess  of  acquisition  costs over the fair value of
identifiable  net  assets  acquired  and  was  amortized using the straight-line
method  over  ten years. The carrying value of goodwill is reviewed if the facts
and  circumstances suggest that it may be impaired. If the review indicates that
goodwill  will  not be recoverable, as determined based on the undiscounted cash
flows  of  the  assets  acquired  over  the  remaining  amortization period, the
Company's  carrying  value  of goodwill is reduced by the estimated shortfall of
cash  flows.  The  Company  did  not  record  any  impairment charges related to
goodwill  during the nine months ended September 30, 2002 and 2001. Amortization
was  $0  and  $89,284  for  the  three months ended September 30, 2002 and 2001.
Amortization  was  $0  and $264,904 for the nine months ended September 30, 2002
and  2001.  (See  Note  3).

                                        5
<PAGE>

NET  LOSS  PER  SHARE

Basic net loss per common share is computed by dividing the loss attributable to
common  stockholders by the weighted average number of common shares outstanding
for  the  reporting  period.  Diluted  net  loss per common share is computed by
dividing  loss  attributable  to  common stockholders by the sum of the weighted
average  number  of  common  shares outstanding plus all additional common stock
that  would  have been outstanding if potentially dilutive common shares related
to  common  share  equivalents  (stock  options,  stock  warrants,  convertible
preferred  shares,  and  issued  but  not outstanding restricted stock) had been
issued.  All  options,  warrants,  convertible  preferred shares, and restricted
stock outstanding during the three months ended September 30, 2002 and 2001 were
anti-dilutive.

NOTE  3  -  ADOPTION  OF  NEW  ACCOUNTING  STANDARDS

In  June  2001,  the  Financial  Accounting  Standards Board issued Statement of
Financial  Accounting  Standards  (SFAS)  No.  141,  "Business  Combinations",
effective  for  acquisitions  initiated  on  or after July 1, 2001, and No. 142,
"Goodwill  and  Other  Intangible  Assets", effective for fiscal years beginning
after  December  15,  2001.  SFAS  No.  141 requires that the purchase method of
accounting  be used for all business combinations initiated after June 30, 2001,
and includes guidance on the initial recognition and measurement of goodwill and
other  intangible  assets  arising  from  business  combinations.  SFAS  No. 142
indicates  that goodwill (and intangible assets deemed to have indefinite lives)
will  no  longer  be  amortized  but will be subject to annual impairment tests.
Other  intangible  assets will continue to be amortized over their useful lives.
We  adopted  the new rules effective January 1, 2002.  We performed the required
goodwill  impairment  test at the close of the quarter ended September 30, 2002.
As  part  of  adopting  this  standard,  we obtained an independent appraisal to
assess  the  fair  value  of  our  business  units to determine whether goodwill
carried on our books was impaired and the extent of such impairment, if any. The
independent  appraisal  used  the income method to measure the fair value of our
business units. Under the income method, value is dependent on the present value
of  future economic benefits to be derived from ownership. Future net cash flows
available  for  distribution  are  discounted at market-based rates of return to
provide  indications  of value. The independent appraiser used a discount factor
of 18.35%. Based upon this independent appraisal, we determined that our current
goodwill  balances  were  not  impaired  as  of  July  1,  2002.

Components  of  intangible  assets  are  as  follows:
<TABLE>
<CAPTION>
                                               September 30, 2002          December 31, 2001
                                               Gross                         Gross
                                              Carrying    Accumulated       Carrying     Accumulated
                                               Amount     Amortization       Amount      Amortization
                                                          ------------                   ------------
<S>                                            <C>           <C>              <C>         <C>
Intangible assets subject to
amortization
  Domain name                                      83,750    18,146             83,750        5,588

Intangible assets not subject to amortization
  Goodwill                                      3,531,157   782,278          3,531,157      782,278
</TABLE>



Amortization  of  intangible assets was $4,185 and $0 for the three months ended
September  30,  2002  and  2001,  respectively,  and $12,555 and $0 for the nine
months ended September 30, 2002 and 2001, respectively.  Amortization expense is
expected  to  be  approximately  $4,185  for  the  remainder of 2002 (a total of
approximately  $16,740  for 2002).  Estimated amortization expense of intangible
assets  for  the years ending December 31, 2003, 2004, 2005 and 2006 is $16,740,
$16,740,  $16,740  and  $11,202,  respectively.  Our net loss excluding goodwill

                                        6
<PAGE>
amortization  expense,  for the three months and nine months ended September 30,
2001  would have been as follows had we adopted SFAS No. 142 on January 1, 2001:

<TABLE>
<CAPTION>
<S>                                                       <C>                   <C>

                                                   Three Months Ended    Nine Months Ended
                                                              September 30, 2001
Net loss-as reported                              $        (1,306,060)   $      (3,764,355)
SFAS No. 142 amortization adjustment                           89,784              264,904
Net loss-as adjusted                              $        (1,216,276)   $      (3,499,451)
Basic and diluted net loss per share-as reported  $             (0.15)   $           (0.48)
Basic and diluted net loss per share-adjusted     $             (0.14)   $           (0.42)
</TABLE>



NOTE  4  -  LIQUIDITY

The  accompanying condensed consolidated financial statements have been prepared
assuming  the  Company  will  continue  as a going concern that contemplates the
realization  of  assets  and satisfaction of liabilities in the normal course of
business.  For  the  nine  months ended September 30, 2002 and 2001, the Company
incurred net losses of $3,278,757 and $3,764,355, respectively. At September 30,
2002,  the  Company  had  an  accumulated  deficit of $28,493,349. The Company's
ability  to  continue as a going concern is dependent on it ultimately achieving
profitability  and/or  raising  additional capital. Management intends to obtain
additional  debt  or equity capital to meet all of its existing cash obligations
and  fund  commitments  on  planned MultiBand projects, however, there can be no
assurance  that the sources will be available or available on terms favorable to
the Company. Management anticipates that the impact of the actions listed below,
will  generate  sufficient cash flows to pay current liabilities, long-term debt
and  capital  lease  obligations  and  fund  the  Company's  future  operations:

1.  Continued  reduction  of  operating  expenses  by  controlling  payroll,
professional  fees  and  other  general  and  administrative  expenses.
2.  Solicit  additional  equity  investment  in  the  Company  by either issuing
preferred  or  common  stock.
3.  Continue  to market MultiBand services and acquire additional multi-dwelling
unit  customers.
4.  Control capital expenditures by contracting MultiBand services and equipment
through  a  landlord-owned  equipment  program.

NOTE  5  -  CAPITAL  LEASE  OBLIGATIONS

During  the  three months ended September 30, 2002, the Company paid off capital
lease  obligations  of  approximately  $738,000.  During  the three months ended
September  30,  2002,  the  Company  sold  property and equipment related to the
Multiband  subsidiary  resulting  in  a  net  loss  of  approximately  $111,000.

NOTE  6  -  STOCK  WARRANTS

Stock  warrants  activity  is as follows for the nine months ended September 30,
2002:
<TABLE>
<CAPTION>

                                                         WEIGHTED
                                            NUMBER OF    AVERAGE
                                            WARRANTS   EXERCISE PRICE
                                           ----------  --------------
<S>                                             <C>         <C>
WARRANTS OUTSTANDING - DECEMBER 31, 2001   9,564,450   $        2.37
  GRANTED                                   1,443,690           1.64
  CANCELED OR EXPIRED                               0              0
  EXERCISED                                         0              0
                                           ----------  --------------
WARRANTS OUTSTANDING - SEPTEMBER 30, 2002  10,008,140  $         .64
                                           ----------  -------------
</TABLE>

The  warrants  granted  during  the  nine  months  ended September 30, 2002 were
awarded  as  part  of common stock issued, services related to equity financing,
and  in  connection  with  notes  payable.

                                        7
<PAGE>

NOTE  7  -  BUSINESS  SEGMENTS

The following is Company business segment information for the three months ended
September  30,  2002  and  2001:

<TABLE>
<CAPTION>
                                        Vicom     CTU          MultiBand     Total
                                       --------  ---------    ---------     ---------
<S>                                       <C>       <C>          <C>           <C>
Three months ended September 30, 2002:
 Revenues                                     0  6,227,683      154,950     6,382,633
Gain/(Loss) from operations            (437,013)   164,881     (402,042)     (674,174)
Identifiable assets                   3,020,620  5,020,048    1,969,577    10,010,245
Depreciation and amortization           140,871    107,966      110,101       358,938
Capital expenditures                      2,126    195,421      130,744       328,291

Three months ended September 30, 2001:
Revenues                                      0  7,618,442       60,092     7,678,534
Loss from operations                   (554,126)   (86,777)    (320,955)     (961,858)
Identifiable assets                   2,782,481  7,666,404    3,199,417    13,648,302
Depreciation and amortization           223,434    139,160      126,894       489,488
Capital expenditures                          0     18,613      162,712       181,325
</TABLE>

The  following is Company business segment information for the nine months ended
September  30,  2002  and  2001:

<TABLE>
<CAPTION>
                                          Vicom       CTU       MultiBand    Total
                                          --------  ----------  ---------    -----------
<S>                                         <C>       <C>          <C>        <C>
Nine months ended September 30, 2002

 Revenues                                        0  18,204,795    384,450     18,589,245
  Gain/(Loss) from operations           (1,286,465)     88,638   (910,424)    (2,108,251)
  Identifiable assets                    3,020,620   5,020,048  1,969,577     10,010,245
  Depreciation and amortization            414,699     340,706    383,377      1,138,782
  Capital expenditures                       2,126     279,860    301,566        583,552

Nine months ended September 30,2001

  Revenues                                       0  26,030,626    160,956     26,191,582
  Loss from operations                  (1,403,296)    (28,255)(1,367,790)    (2,799,341)
  Identifiable assets                    2,782,481   7,666,404  3,199,417     13,648,302
  Depreciation and amortization            696,328     391,728    346,560      1,434,616
  Capital expenditures                           0     218,073  1,367,205      1,585,278
</TABLE>

NOTE  8-  COMMITMENTS AND CONTINGENCIES

(A)  Vicom,  Incorporated announced on July 26, 2002 that it had received notice
from  Nasdaq  that  its  closing  bid  price  has  failed  to  meet  the minimum
requirement  of $1.00 per share for the last 30 consecutive trading days.  Under
the  notice, the Company has until January 21, 2003 to come back into compliance
or  be  subject  to  removal  from  the  Nasdaq  SmallCap  Market.

(B)  Recently,  one of Multiband's suppliers of satellite TV programming, WSNet,
filed Chapter 11 Bankruptcy. While the Company does have alternate suppliers for
programming,  it  could be potentially disruptive and detrimental to Multiband's
business  if  WSNet  were  to  entirely  cease  operations  with  little notice.

NOTE  9  -  RELATED  PARTY TRANSACTIONS

During  the three months ended September 30, 2002, the Company sold property and
equipment  to  the  Chairman  of  the Company's board of directors and an entity
controlled  by  another  Director,  resulting  in  a  net  loss of approximately
$111,000.  The  Company also approved an option for the Chairman to purchase two
additional properties held by Multiband. The Company believes these transactions
were  at  fair  market  value.

                                        8
<PAGE>

NOTE  10  -  RECLASSIFICATION

For  comparability, certain third quarter 2001 amounts have been reclassified to
conform  with  classifications  adopted  in  the  third  quarter  2002.

FORWARD-LOOKING  STATEMENTS

     From  time  to  time,  the  Company  may publish forward-looking statements
relating  to  such  matters  as  anticipated  financial  performance,  business
prospects,  product pricing, management for growth, integration of acquisitions,
technological  developments,  new  products,  and  similar  matters. The Private
Securities  Litigation  Reform  Act  of  1995  provides  a  safe  harbor  for
forward-looking  statements  including those made in this statement. In order to
comply  with  the  terms  of  the  Private Securities Litigation Reform Act, the
Company notes that a variety of factors could cause the Company's actual results
and  experience  to  differ materially from the anticipated results or Company's
forward-looking  statements.

     The  risks  and  uncertainties that may affect the operations, performance,
developments  and  results  of  the  Company's  business  include the following:
national  and  regional  economic  conditions;  pending  and  future legislation
affecting  IT  and  telecommunications  industries;  market  acceptance  of  the
Company's  products  and  services;  the  Company's  products  and services; the
Company's  continued  ability  to provide integrated communication solutions for
customers  in  a  dynamic  industry;  and  other  competitive  factors.

     Because  these  and  other  factors  could  affect  the Company's operating
results,  past  financial  performance should not necessarily be considered as a
reliable  indicator of future performance and anticipated future period results.




                                        9
<PAGE>
                                     ITEM 2.

     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF
     FINANCIAL  CONDITION  AND  RESULTS  OF  OPERATION

GENERAL

     Vicom,  Incorporated (Vicom) is a Minnesota corporation formed in September
1975.  Vicom  is  the  parent  corporation  of  two  wholly-owned  subsidiaries,
Corporate  Technologies,  USA,  Inc.  (CTU),  and  MultiBand,  Inc. (MultiBand).

     Vicom  completed an initial public offering in June 1984. In November 1992,
Vicom  became a non-reporting company under the Securities Exchange Act of 1934.
In  July  2000, Vicom regained its reporting company status.  In December, 2000,
Vicom  stock  began  trading on the NASDAQ stock exchange under the symbol VICM.

     Vicom's  website  is  located  at:  www.vicominc.net  .
                                         ----------------

     Vicom  recently expanded its efforts to establish itself within the rapidly
evolving  telecommunications  and  computer  industries.  Effective December 31,
1998,  Vicom  acquired  the  assets  of  the Midwest region of Enstar Networking
Corporation  (ENC),  a data cabling and networking company. In late 1999, in the
context  of  a forward triangular merger, Vicom, to expand its range of computer
products  and  related  services,  purchased  the  stock  of  Ekman,  Inc. d/b/a
Corporate  Technologies,  and merged Ekman, Inc. into the newly formed surviving
corporation,  Corporate Technologies, USA, Inc. (CTU).  CTU provides voice, data
and  video systems and services to business and government.  MultiBand, Inc. was
incorporated  in  February 2000.  MultiBand, Inc. provides voice, data and video
services  to  multiple  dwelling  units  (MDU's).

     As of September 30, 2002, CTU was providing telephone equipment and service
to  approximately  1,000  customers,  with  approximately  10,000  telephones in
service.  In  addition,  CTU  provides  computer  products  and  services  to
approximately  3,000  customers.  MultiBand,  as  of  September  30,  2002,  had
approximately  850  customers.  Telecommunications  systems distributed by Vicom
are  intended  to  provide  users  with flexible, cost-effective alternatives as
compared  to  systems  available from major telephone companies, including those
formerly  comprising  the  Bell  System  and  from  other interconnect telephone
companies.

     CTU  provides a full range voice, data and video communications systems and
service,  system  integration,  training  and  related  communication  sales and
support  activities  for  commercial,  professional and institutional customers,
most  of  which  are  located in Minnesota, North Dakota, and South Dakota.  CTU
purchases  products  and  equipment  from  NEC  America,  Inc.  (NEC),  Siemens
Enterprise  Networks  (Siemens),  Cisco  Systems,  Inc. (Cisco), Nortel Networks
Corp.  (Nortel),  Tadiran  Telecom,  Inc.  (Tadiran), and other manufacturers of
communications and electronic products and equipment. CTU uses these products to
design  telecommunications  systems  to  fit  its  customers' specific needs and
demands.


                                       10
<PAGE>

SELECTED  CONSOLIDATED  FINANCIAL  DATA
<TABLE>
<CAPTION>


                                        DOLLAR AMOUNTS AS A       DOLAR AMOUNTS AS A
                                     PERCENTAGE OF REVENUES     PERCENTAGE OF REVENUES
                                       THREE MONTHS ENDED             NINE MONTHS ENDED
                                   September 30, September 30, September 30, September 30,
                                       2002          2001          2002       2001
                                    (unaudited)  (unaudited)  (unaudited)  (unaudited)
<S>                                     <C>          <C>          <C>          <C>

REVENUES                                  100%         100%         100%         100%
COST OF PRODUCTS & SERVICES              73.3%        79.6%        74.4%        79.1%

GROSS MARGIN                             26.7%        20.4%        25.6%        20.9%

SELLING, GENERAL & ADMINISTRATIVE        35.4%        32.9%        36.3%        31.6%

IMPAIRMENT ON PROPERTY AND EQUIPMENT      1.9%           0          .06%           0

OPERATING LOSS                          -10.6%       -12.5%       -11.3%       -10.7%
  INTEREST EXPENSE & OTHER, NET           6.9%        -4.5%         6.3%        -3.7%
LOSS BEFORE TAXES                       -17.5%       -17.0%       -17.6%       -14.4%
  INCOME TAX                                0            0            0            0
NET LOSS                                -17.5%       -17.0%       -17.6%       -14.4%
</TABLE>

The  following  table  sets  forth,  for  the period indicated, the gross margin
percentages  for  Corporate  Technologies  USA,  Inc.  and  MultiBand,  Inc.

<TABLE>
<CAPTION>
                                       THREE MONTHS ENDED             NINE MONTHS ENDED
                                   September 30, September 30,   September 30, September 30,
                                       2002          2001             2002       2001
GROSS MARGIN PERCENTAGES:
<S>                                      <C>          <C>             <C>           <C>
  CORPORATE TECHNOLOGIES USA, INC.       26.8%       20.0%           25.6%       20.9%
  MULTIBAND, INC.                        24.0%       76.3%           30.9%        6.5%
</TABLE>

RESULTS  OF  OPERATIONS

Revenues

     Revenues  decreased  16.9% to $6,382,633 in the quarter ended September 30,
2002,  as  compared  to  $7,678,534  for  the  quarter ended September 30, 2001.

     Vicom  Inc.  has recorded no revenue since the first quarter of Fiscal 2001
as  all  sales  operations were transferred to Corporate Technologies, USA, Inc.

     Revenues  for  Corporate  Technologies  decreased  18.3%  to  $6,227,683 as
compared  to  $7,618,442  in the third quarter of fiscal 2001.  This decrease in
CTU's  revenues  resulted  primarily from CTU's desire to increase gross margins
versus maintaining top line revenues.  Thus, CTU has chosen to eliminate certain
lower  margin  equipment sales and instead has increased sales of services which
have  higher  margins.

     MultiBand  revenues  increased  157.8%  to  $154,950  in  the quarter ended
September  30,  2002 as compared to $60,092 in the third quarter of fiscal 2001.
This  increase  is  due  to  the  continual  addition  of Multiband subscribers.

     Revenues for the nine-month period ended September 30, 2002 decreased 29.0%
to  $18,589,245  from $26,191,582 for the comparable nine-month period of fiscal
2001.

                                       11
<PAGE>

Gross  Margin

     The Company's gross margin increased 8.6% or $134,378 to $1,702,051 for the
three months ended September 30, 2002, as compared to $1,567,673 for the similar
quarter  last year.  For the three months ended September 30, 2002, as a percent
of  total  revenues, gross margin was 26.7% as compared to 20.4% for the similar
period  last year.  This increase in gross margin percentage is primarily due to
an  increase  in  service  sales which have better margins than equipment sales.

     Gross  margin for CTU increased by 9.8 %, or $148,990 to $1,670,806 for the
three  months  ended  September 30, 2002, as compared to $1,521,816 in the three
months  ended  September  30,  2001.

     Gross  margin  for Multiband, Inc. for the three months ended September 30,
2002  decreased  18.8% to $37,245 as compared to $45,857 in the third quarter of
2001.  Gross margin is expected to increase in the fourth quarter as the Company
is anticipating credits to invoices for circuits it believes it has overpaid for
as  of  September  30,  2002.

     For  the  nine-month  period  ended September 30, 2002, the Company's gross
margin  decreased 13.0% or $712,538 to $4,764,735, as compared to $5,477,273 for
the  similar  period  last  year.  The  decrease  in  gross  margin  is directly
attributable  to  the  Company's  decrease  in  revenues.

     For  the  nine-month period ended September 30, 2002, as a percent of total
revenues,  gross  margin  was  25.6% as compared to 20.9% for the similar period
last  year.

Selling,  General  and  Administrative  Expenses

     Selling,  general and administrative expenses decreased 10.8% to $2,256,745
in  the  three  months  ended  September 30, 2002, compared to $2,529,531 in the
prior  year  quarter.  This  decrease  in  selling,  general  and administrative
expenses  was,  as  a  percentage  of revenues, 35.4% for the three months ended
September  30,  2002  and  32.9%  for  the  similar  period  a  year  ago.

     For  the  nine-month  period  ended  September  30,  2002,  these  expenses
decreased  18.4% to $6,753,506, as compared to $8,276,614 for the same period in
2001.  As a percentage of revenues, selling, general and administrative expenses
are  36.3% for the period ended September 30, 2002, as compared to 31.6% for the
same  period  last  year.  This percentage increase is primarily attributable to
lower  top  line  revenues.

Interest  Expense

     Interest  expense  was  $349,388  for  the three months ended September 30,
2002,  versus  $352,735  for  the  similar  period  a  year ago. Amortization of
original  issue  discount  was  $218,400 and $187,500 for the three months ended
September  30,  2002  and  2001.

     Interest  expense  was  $1,122,292  for the nine months ended September 30,
2002,  and  $1,018,944 for the same period last year.  For the nine months ended
September  30,  2002  amortization  of  the  original  discount was $768,159 and
$179,968  in  the  same  nine  month  period  last  year.

Net  Loss

     In  the  three  months ended September 30, 2002, the Company incurred a net
loss  of  $1,116,733  compared  to a net loss of $1,306,060 for the three months
ended  September  30  of  2001.  The nine-month period ended September 30, 2002,
resulted  in  a  net loss of $3,278,757 compared to a net loss of $3,764,355 for

                                       12
<PAGE>

the  same  period  last  year.  This  reduction  in net loss is primarily due to
elimination  of  goodwill  amortization  in  2002.

LIQUIDITY  AND  CAPITAL  RESOURCES

     Available  working capital at September 30, 2002 decreased over the similar
period last year due to operating losses.  Vicom experienced a material decrease
in  accounts  payable for the period ended September 30, 2002 versus last year's
period,  primarily  due  to reduced revenues.  Accounts receivable decreased for
the period ended September 30, 2002, compared to the prior year period, due to a
significant  decrease  in  revenues.

     Inventories  as  of  September 30, 2002 decreased as compared to the period
ended  September  30,  2001  due  to  the  aforementioned revenue decreases. Net
borrowings  under  notes,  leases  and installment obligations payable decreased
materially  for  the  period  ended  September 30, 2002 versus prior year period
primarily  due  to  payoff  of  $738,000  worth  of  leases.

     Management  of  Vicom believes that, for the near future, cash generated by
sales  of  stock,  and existing credit facilities, in aggregate, are adequate to
meet  the  anticipated  liquidity  and  capital  resource  requirements  of  its
Corporate  Technologies  USA,  Inc. business for the next twelve months provided
Company  cash  losses  continue  to  decrease.  Significant  continuation of the
Company's MultiBand, Inc.'s build-out is highly dependent on securing additional
financing  for future projects.  Management believes that while future build-out
financing  is  available,  there  is  no  guarantee  that said financing will be
obtained.

CAPITAL  EXPENDITURES

     The  Company  used $583,552 for capital expenditures during the nine months
ended  September  30, 2002, as compared to $1,585,278 in the similar period last
year.  Capital expenditures consisted of equipment acquired for internal use and
for  MultiBand  build-out projects as compared to the same period last year when
MultiBand  build-out costs for construction totaled $1,548,072.  The Company has
started  a  new  business  approach  with  having  the  building  owners buy the
equipment  and  pay  MultiBand  a  reduced  management  fee.

CRITICAL  ACCOUNTING  POLICIES  AND  ESTIMATES

Impairment  of  Long-Lived  Assets
----------------------------------
The  Company's  long-lived  assets  include  property,  equipment  and leasehold
improvements.  The  estimated  fair  value  of  these assets is dependent on the
Company's  future  performance.  In assessing for potential impairment for these
assets,  the  Company  considers future performance.  If these forecasts are not
met,  the  Company  may  have  to  record  an  impairment  charge not previously
recognized,  which  may  be material. During the nine months ended September 30,
2002  and  2001,  the  Company recorded an impairment loss related to long-lived
assets  of  $119,480 and $0 for the nine months ended September 30, 2002 and
2001.

Impairment  of  Goodwill
------------------------
We  periodically  evaluate  acquired  businesses  for  potential  impairment
indicators.  Judgments  regarding  the  existence  of  impairment indicators are
based  on  legal  factors,  market conditions and operational performance of our
acquired  businesses.  Future  events could cause us to conclude that impairment
indicators  exist  and  that goodwill associated with our acquired businesses is
impaired.  Any resulting impairment loss could have a material adverse impact on
our financial condition and results of operations.  During the nine months ended
September  30,  2002  and 2001, the Company did not record any impairment losses
related  to  goodwill.

Inventories
-----------
We  value our inventory at the lower of the actual cost or the current estimated
market value of the inventory.  We regularly review inventory quantities on hand
and  record  a  provision  for  excess  and  obsolete  inventory.  Rapid
                                       13
<PAGE>

 technological  change,  frequent  new  product  development,  and rapid product
obsolescence  that  could  result  in  an  increase  in  the  amount of obsolete
inventory  quantities  on  hand  characterize  our  industry.

RECENTLY  ISSUED  ACCOUNTING  PRONOUNCEMENTS.

In  October  2002,  the  Financial  Accounting  Standards  Board  (FASB)  issued
Statement  of  Financial  Accounting  Standards (SFAS) No. 147, "Acquisitions of
Certain  Financial  Institutions."  SFAS  No.  147 is effective October 1, 2002.
The  Company  believes  the  adoption  of  SFAS No. 147 will not have a material
effect  on  the  Company's  consolidated  financial  position  or  results  of
operations.

ITEM  3.  QUANTITIVE  AND  QUALITIVE  DISCLOSURE  ABOUT  MARKET  RISK

     Vicom  is  not  subject  to  any material interest rate risk as any current
lending  agreements  are  at  a  fixed  rate  of  interest.

ITEM  4.  CONTROLS  AND  PROCEDURES

     Within 90 days prior to the date of this report, the Company carried out an
evaluation,  under  the  supervision and with the participation of the Company's
management,  of  the  effectiveness of the design and operation of the Company's
disclosure  controls and procedures pursuant to Rule 13a-14(c) of the Securities
Exchange  Act of 1934. Based upon that evaluation, the Company's Chief Executive
Officer  and  Chief  Financial  Officer  concluded that the Company's disclosure
controls  and  procedures  are  effective  in alerting them in a timely basis to
material  information  relating  to  the Company required to be disclosed in the
Company's  periodic  SEC  reports. There have been no significant changes in the
Company's internal controls or in other factors which could significantly affect
internal controls subsequent to the date the Company carried out its evaluation.

PART  II.  OTHER  INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS

As  of  September 30, 2002, the Company was not engaged in any legal proceedings
whose  anticipated  results  would  have  a  material  adverse  impact.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)     Exhibits

           99.1

(b)     Reports  on  Form  8-K.

           None.


                                       14
<PAGE>
                                   SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.

                               Vicom,  Inc.
                               Registrant
                               By:

                                        /s/  James  L.  Mandel
Date:  November  14,  2002             Chief  Executive  Officer



                               By:
                                        /s/  Steven  M.  Bell
                                       Chief  Executive  Officer
Date: November 14, 2002           (Principal Financial and Accounting Officer)







                                       15
<PAGE>

                            CERTIFICATION PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I,  James  Mandel,  Chief  Executive Officer of Vicom Incorporated, certify
that:

     1.     I  have  reviewed  this  quarterly  report  on  Form  10-Q  of Vicom
Incorporated;

     2.     Based  on  my  knowledge, this quarterly report does not contain any
untrue  statement  of a material fact or omit to state a material fact necessary
to  make  the  statements  made,  in light of the circumstances under which such
statements  were made, not misleading with respect to the period covered by this
quarterly  report;

     3.     Based on my knowledge, the financial statements, and other financial
information  included  in  this quarterly report, fairly present in all material
respects  the  financial  condition, results of operations and cash flows of the
registrant  as  of,  and  for,  the  periods presented in this quarterly report;

     4.     The  registrant's other certifying officer and I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-14  and  15d-14)  for  the  registrant  and  we  have:

     a)   designed  such  disclosure  controls  and  procedures  to  ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

     b)   evaluated  the  effectiveness  of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

     c)   presented  in  this  quarterly  report  our  conclusions  about  the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

     5.     The  registrant's  other  certifying  officer  and I have disclosed,
based  on our most recent evaluation, to the registrant's auditors and the audit
committee  of  registrant's  board  of  directors  (or  persons  performing  the
equivalent  function);

     a)   all  significant  deficiencies  in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process,  summarize  and  report  financial  data  and  have
          identified  for  the  registrant's auditors any material weaknesses in
          internal  controls;  and

     b)   any  fraud, whether or not material, that involves management or other
          employees  who  have  a  significant role in the registrant's internal
          controls;  and

     6.     The  registrant's  other  certifying officer and I have indicated in
this  quarterly report whether or not there were significant changes in internal
controls  or  in other factors that could significantly affect internal controls
subsequent  to  the date of our most recent evaluation, including any corrective
actions  with  regard  to  significant  deficiencies  and  material  weaknesses.

Dated:  November  14,  2002               Signature: /s/ James Mandel
                                                     ___________________________
                                                     James  Mandel
                                                     Chief  Executive  Officer

                                       16
<PAGE>
                            CERTIFICATION PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I,  Steven  Bell,  Chief  Financial  Officer of Vicom Incorporated, certify
that:

     1.     I  have  reviewed  this  quarterly  report  on  Form  10-Q  of Vicom
Incorporated;

     2.     Based  on  my  knowledge, this quarterly report does not contain any
untrue  statement  of a material fact or omit to state a material fact necessary
to  make  the  statements  made,  in light of the circumstances under which such
statements  were made, not misleading with respect to the period covered by this
quarterly  report;

     3.     Based on my knowledge, the financial statements, and other financial
information  included  in  this quarterly report, fairly present in all material
respects  the  financial  condition, results of operations and cash flows of the
registrant  as  of,  and  for,  the  periods presented in this quarterly report;

     4.     The  registrant's other certifying officer and I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-14  and  15d-14)  for  the  registrant  and  we  have:

     a)   designed  such  disclosure  controls  and  procedures  to  ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

     b)   evaluated  the  effectiveness  of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

     c)   presented  in  this  quarterly  report  our  conclusions  about  the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

     5.     The  registrant's  other  certifying  officer  and I have disclosed,
based  on our most recent evaluation, to the registrant's auditors and the audit
committee  of  registrant's  board  of  directors  (or  persons  performing  the
equivalent  function);

     a)   all  significant  deficiencies  in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process,  summarize  and  report  financial  data  and  have
          identified  for  the  registrant's auditors any material weaknesses in
          internal  controls;  and

     b)   any  fraud, whether or not material, that involves management or other
          employees  who  have  a  significant role in the registrant's internal
          controls;  and

     6.     The  registrant's  other  certifying officer and I have indicated in
this  quarterly report whether or not there were significant changes in internal
controls  or  in other factors that could significantly affect internal controls
subsequent  to  the date of our most recent evaluation, including any corrective
actions  with  regard  to  significant  deficiencies  and  material  weaknesses.

Dated:  November  14,  2002               Signature: /s/ Steven Bell
                                                    ___________________________
                                                    Steven  Bell
                                                    Chief  Financial  Officer

<PAGE>



                                  Exhibit 99.1

                                   Vicom, Inc.


                Certification Pursuant to 18 U.S.C. Section 1350
                             As Adopted Pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002

     In  connection  with  this  Quarterly  Report  Form  10-Q, Vicom, Inc. (the
"Company")  for  the  period  ended September 30, 2002, I, James L Mandel, Chief
Executive  Officer of the Company, hereby certify, pursuant to 18 U.S.C. Section
1350,  as  adopted  pursuant  to  Section 906 of the Sarbanes-Oxley Act of 2002,
that:

1.   This  Periodic Report fully complies with the requirements of section 13(a)
     or  15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d));
     and
2.   The  information  contained  in the Periodic Report fairly presents, in all
     material respects, the financial condition and results of operations of the
     Company.


Date: November  14,  2002           By:         /s/  James  L.  Mandel
                                               Chief  Executive  Officer

     In  connection  with  this  Quarterly  Report  Form  10-Q, Vicom, Inc. (the
"Company") for the period ended September 30, 2002, I, Steven M. Bell, Secretary
and  Treasurer  of  the  Company,  hereby certify, pursuant to 18 U.S.C. Section
1350,  as  adopted  pursuant  to  Section 906 of the Sarbanes-Oxley Act of 2002,
that:

1.   This  Periodic Report fully complies with the requirements of section 13(a)
     or  15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d));
     and
2.   The  information  contained  in the Periodic Report fairly presents, in all
     material respects, the financial condition and results of operations of the
     Company.

Date: November  14,  2002           By:       /s/ Steven  M.  Bell
                                             Chief  Financial  Officer




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