Feb 27, 2017
AMITYVILLE, N.Y., Feb. 27, 2017 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NasdaqGS: NSSC), one of the world's leading solutions providers and manufacturers of high tech electronic intrusion security, Internet of Things (IoT) connected home, video and fire systems, as well as enterprise-class access control and door locking products, today announced it has formally launched its Starlink Connect® Radio product. The radio was recently showcased at the ISC East security trade show in New York and was well received by the security professionals in attendance.
The Starlink Connect cellular radio replaces the need for traditional phone lines with alarm installations. Also this product offering, which will generate a further recurring revenue stream for the Company, gives dealers the ability to upgrade existing alarms systems that are currently installed across the US without the need for replacing existing hardware. Security dealers will be able to offer users the connected home experience with this radio by enabling homeowners to control locks, lighting, climate and other functions, while also allowing the homeowner to receive video text alerts. NAPCO 's iBridge® app for smartphones and tablets is used to enable these features and is available for both Apple and Android devices.
Richard Soloway CEO commented "We are excited to launch the newest product in the NAPCO portfolio, which significantly adds to our recurring revenue product line. There are millions of alarm systems installed across the US that need to be upgraded, and the Starlink Connect radio will be a great product that many dealers are excited to use."
About NAPCO Security Technologies, Inc.
NAPCO Security Technologies, Inc. is one of the world's leading solutions providers and manufacturers of high-technology electronic security (including recurring service fee revenue), IoT connected home, video, fire alarm, access control and door locking systems. The Company consists of four Divisions: NAPCO, its security and IoT 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. For additional information on NAPCO, please visit the Company's web site at http://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.
Director of Investor Relations
NAPCO Security Technologies, Inc.
OP: 800-645-9445 x 374
SOURCE NAPCO Security Technologies, Inc.