NAPCO Security Technologies, Inc. to Present at Small Cap Ideas Conference in New York City
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Mon, 09 Nov 2009 15:46:54 GMT |
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AMITYVILLE, N.Y. - (Business Wire) NAPCO Security Technologies, Inc., (NASDAQ: NSSC), one of the world’s leading suppliers of high performance electronic security equipment for over 30 years, today announced it will be presenting at the Small Cap Ideas Conference sponsored by David L. Kanen, Vice President of Institutional Sales of First Midwest Securities, Inc. The conference will be held on Monday, November 16th at the Harvard Club in New York, New York and NAPCO will present at 2:00pm ET. For more information or to register please contact David Kanen at 631-863-3100 or dkanen@firstmidwestsecurities.com. “We are very pleased to participate in this Small Cap Ideas Conference,” stated Mr. Richard Soloway, Chairman and CEO of NAPCO. “As a means of improving shareholder value, we look forward to this opportunity to present the NAPCO story and its investment potential to institutional investors that are looking for new ideas. Now is very timely to learn about NAPCO as we have streamlined the company by integrating Marks USA, curbed expenses and introduced several new product offerings (some with recurring revenue potential) at the recent International Security Conference (ISC) East, a key industry tradeshow.” Some of the new products recently introduced are: Bioreader™ - The first fingerprint reading keypad for the alarm industry that with just a touch of a finger, you can operate the alarm system or open the electric garage door. GEMC Commercial Combination Burglar and Fire Alarm System – A major innovation in complete protection for all types of commercial buildings. CardAccess®3000 – A ground-breaking access control system which stops unauthorized people from entering into commercial buildings and offices. iSee Video – A revolutionary multi-camera video monitoring system for homes and businesses over your cell phone or computer featuring internet video recorder storage. “These new products were created by NAPCO’s internal research and development team, which helps deliver cutting-edge technologies to our clientele. These new products are the fruits of our labor and a direct result of our annual contribution of 7% of sales that are invested into R&D which will assist us in growing our sales for years to come,” concluded Mr. Soloway. NAPCO Security Technologies, Inc. is one of the world’s leading manufacturers of technologically advanced electronic security equipment including intrusion and fire alarm systems, access control and door locking systems. The Company consists of NAPCO plus three wholly-owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. The products are installed by security professionals worldwide in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for technical excellence, reliability and innovation, poising the Company for growth in the rapidly expanding electronic security market, a multi-billion dollar market. For additional information on NAPCO, please visit the Company’s web site at www.napcosecurity.com. NAPCO Security Technologies, Inc. Richard L. Soloway, CEO Kevin S. Buchel, Senior VP 631-842-9400 ext. 120 or Wolfe Axelrod Weinberger Assoc. LLC Donald Weinberger Diana Bittner (Media) 212-370-4500; 212-370-4505 fax don@wolfeaxelrod.com
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