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SOURCE NAPCO Security Technologies, Inc.
- Growing Installed Base Extends Market Footprint -
- Security Solutions for Educational Facilities Core to Business Model -
AMITYVILLE, N.Y., July 22, 2014 /PRNewswire/ -- NAPCO Security Technologies, Inc. (Nasdaq: NSSC), one of the world's leading suppliers of high performance electronic security equipment for over 30 years, is uniquely positioned to meet the growing demand for safe, secure learning environments for our nation's students and educational staff.
As school administrators and students return to campuses, security remains top of mind. Tragic recent events have illustrated that campus security has to be a top priority for all schools and institutions. Perpetrators generally target school campuses because victims there are easy, defenseless, unarmed targets. These senseless acts of violence can be dramatically reduced by more effective and pervasive access control and security platforms at our schools and campuses.
Richard Soloway, Chairman and President stated, "NAPCO continues to be among the leaders in the critically important effort to protect our schools, as evidenced by a steady increase in NAPCO's market penetration as schools take steps to protect students. As the only company in our industry with an integrated range of products to address the budget levels of any educational institution, we are uniquely positioned to meet the increasing demand for campus security solutions. We have provided hundreds of educational facilities across the country with state-of-the-art security products and solutions. The high-quality of our security solutions, training and support is affirmed by our customers and growing pipeline of prospects. We have included a brief sample of customer testimonials which underscore the quality and scalability of our products."
John Gillis, Alarm Specialist from Boston MA stated "NAPCO has always stayed ahead of the industry curve, providing a lineup of products that allow for future expansion and flexibility. The company's panels are located in 100 percent of City of Boston properties equipped with security system protection, including all of Boston's Public Schools. The technical support team is highly skilled while the ongoing training and support is second to none."
Michael Savercool, Austin, TX ISD Police Department commented, "NAPCO's security solutions provide our school district with a robust solution which has grown to more than 600 NAPCO panels citywide, with approximately 1,700 doors, 1,100 badge holders and 400 access groups in 110 buildings. As we have continued to grow, we have found the access control supremely suited to address a number of issues faced by our school district. I am pleased to be associated with Continental Access Control, a NAPCO Security Group Company and would recommend them to other organizations."
Rob Carroll, Director of Physical Plan, Heritage University stated, "After looking at solutions from several manufacturers, we chose NAPCO's NETWORX solution to secure the perimeter of our campus and individual classroom doors. The products have performed very well, meeting all expectations. As a result we will soon be increasing the number of devices under management to secure additional buildings."
A short list of additional customers includes Pepperdine University, (Malibu, CA), San Diego State (San Diego, CA), Paoli School (Paoli, IN), East Carolina University (Greenville, NC), Horry County Schools (Conway, SC), Cabarrus County Schools (Concord, NC), Keystone School (San Antonio, TX), Collin County College (Plano, TX), Texas State Technical College (Marshall, TX), Northwest ISD (Justin, TX), St. John's School (Houston, TX), Notre Dame HS (Sherman Oaks, CA), Bethune Cookman (Daytona Beach, FL), St. Johns Catholic School (Hays, KS), Hays Unified School District (Hays, KS), Ten Sleep Schools (Ten Sleep, WY), Bishop Kelly High School (Boise, ID), and Brookfield Schools (CT) just to name a few.
In addition, the company is taking a leadership role in the industry and has issued a white paper calling for a School Access-Control Vulnerability Index (S.A.V.I™) with an audit and certification process as a solution for escalating violence in schools and on campuses.
Much like the creation of the Transportation Security Administration to coordinate and identify air travel security concerns and address those threats with consistent, effective, evenly applied security solutions and procedures, NAPCO's vision is to build a specialized, national security association with members from educational organizations and security companies. The vision is to establish an infrastructure whereby proven security solutions, knowledge and education would be made readily and consistently available to all education institutions in need of them. Also included is the creation of a standardized approach for providing proven security systems and solutions for educational facilities that control and limit access of potential mass shooting assailants.
"NAPCO offers the broadest range of quality and affordable security products that protect people and property in the places they live, work and study; from colleges and universities to preschools, elementary and secondary schools, private schools and other educational facilities," continued Mr. Soloway. "Let's put an end to these acts of violence and take back our schools for the safety of our children."
A free copy of the company's School Security / S.A.V.I. white paper can be downloaded at http://cicaccess.com/locdown/
About NAPCO Security Technologies, Inc.
NAPCO Security Technologies, Inc. (NSSC) is one of the world's leading manufacturers and solutions providers of high-technology electronic security, connected home, school lock down systems, video, fire alarm, access control and door locking systems. The Company consists of four Divisions: NAPCO, its security and connected home segment, plus three wholly-owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. Headquartered in Amityville, New York, its products are installed by tens of thousands of security professionals worldwide in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for innovation, technical excellence and reliability, positioning the Company for growth in the multi-billion dollar and rapidly expanding electronic security market. Chairman Richard L. Soloway¹s comments on all aspects of security have appeared in The New York Times, USA Today, The Wall Street Journal, International Herald Tribune, Business Week, Forbes, Crain's New York Business, Newsday, Reuters, Chicago Tribune, Entertainment Weekly, Detroit Free Press, Philadelphia Inquirer, The Washington Post, The Wall Street Transcript and The Robb Report among others. NAPCO has a stock market capitalization of approximately $100 million and employs more than 800 employees worldwide. For additional information on NAPCO, please visit the Company's web site at http://www.napcosecurity.com and for information on Richard L. Soloway visit www.richardsoloway.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
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