AMITYVILLE, N.Y., Jan. 7, 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, shared today that the recently released annual survey of the Bureau of Justice Statistics (BJS) indicated violent and property crime rates rose for U.S. residents for the second consecutive year. The survey shows that the "rate of property crime (which includes burglary, theft and motor vehicle theft) increased from 138.7 per 1,000 households in 2011 to 155.8 in 2012, primarily due to an increase in theft. The rate of theft victimization increased from 104.2 per 1,000 households in 2011 to 120.9 in 2012."

Richard Soloway, Chairman and President of NAPCO commented, "These unsettling statistics underscore a critical need to implement advanced, yet cost-effective, security systems to counter increasing losses due to crime. NAPCO has a complete range of advanced technology, high quality products to protect property from theft whether at a business or in a residence. Because less than one-quarter of the U.S. population has an alarm system installed at its residential premises, and because thefts and other violent crimes are on the rise, we see an expanding opportunity to protect people and property by delivering many of the industry's best-known brand names, such as NAPCO Security Systems, Alarm Lock, Continental Access, and Marks USA encompassing intrusion and fire alarms, building access control systems and electronic locking devices."

"Our latest products, which include industry-leading, advanced technology such as the residential iBridge® Connected Home Suite of Services not only allows users to monitor property remotely and wirelessly, but even provides optional "look-in" security video for a small monthly charge. Our integrated enterprise commercial offering from Continental Access, the CA3000 v2.9, combines interoperable access control, locking, intrusion/fire alarms and support for many of the video systems on the market today, making this a seamless platform for many diverse organizations," concluded Mr. Soloway.

The full press release with the Bureau of Justice Statistics issued by the Office of Justice programs is available at http://www.ojp.gov/newsroom/pressreleases/2013/ojppr102413.pdf.

About NAPCO Security Technologies, Inc.

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.  

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.

INVESTOR INQUIRIES:
Brett Maas
Hayden IR
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brett@haydenir.com

Peter Seltzberg, Regional Vice-President
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(646) 415-8972
peter@haydenir.com

SOURCE NAPCO Security Technologies, Inc.