07.05.2010 14:00:00
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NAPCO Security Technologies, Inc. to Present at the TechAmerica Growth Cap Conference
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 that management will be presenting at the TechAmerica Growth Cap Conference on Thursday, May 13, 2010, at the Palace Hotel in San Francisco, California. Management will be making 10 presentations in Room #249 throughout the day starting at 8:30am PT with the last one concluding at 4:10pm PT and will be discussing the Company’s business structure, new product offerings and market opportunities.
Richard Soloway, Chairman and President, stated, "We are pleased to participate in the TechAmerica Growth Cap Conference, where we will be among other growth companies in the technology industry. Our long-term growth prospects are strong as the demand for security and protection is on the rise due to more crime stemming from the difficult economic environment, especially as less police visibility exists due to budget constraints. In addition, terrorism and violence issues continue to remain at the forefront enabling further interest in our technologies to protect people and property. These catalysts combined with our constant investing of 7-8% of annual revenues into research and development will allow NAPCO to remain on the cutting edge of the security market and produce organic growth. NAPCO products continue to be the most technologically advanced within the security industry and many recently developed generate accelerating recurring revenue for the Company as part of their design. I’m looking forward to discussing them as well as other growth initiatives with the conference attendees.”
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.
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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