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NAPCO Security Technologies Announces Large Purchase Order From School District in Chula Vista, CA
-Over 175 Trilogy Networx Locks To Be Installed-

AMITYVILLE, N.Y., Aug. 14, 2018 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC) one of the world's leading solutions providers and manufacturers of high tech electronic intrusion security, IoT connected home, video and fire systems, as well as enterprise-class access control and door locking products, announced today that a school district in Chula Vista, California will be installing Trilogy Networx wireless locks in the schools throughout the district. This large school district has grown to more than 42,000 students and more than 32,000 adult learners. The district's 32 campuses are located in various cities throughout San Diego County. 

Recently an order was placed for over 175 Trilogy Networx locks, which are made by NAPCO's Alarm Lock division, and the installation is currently ongoing. Trilogy Networx Locks communicate wirelessly via Ethernet or 802.11B/G for a comprehensive wireless networked door access control system. Trilogy locks eliminate the need for door-to-door programming and audit trail retrieval and provide standalone lock functionality plus network-wide global emergency lockdown/unlock commands. This school district has previously used Trilogy locks for other projects that have been completed in the district's schools, and the latest order reaffirms the positive experience while using these locks. 

Richard Soloway, CEO of NAPCO, commented, "We are thrilled once again that our products are being used to make more schools in the U.S. safe from potential threats that exist in today's society. This school district in Chula Vista, CA has been a loyal customer and we want to thank them for their continued support."

Mr. Soloway further commented, "We are encouraged to see further legislative activity by many states for funding school security as we believe these actions will be beneficial to the thousands of students across the country as well as to our business. We would expect such enhanced public funding for school safety will continue in the future as we work toward securing all of the schools in the U.S. NAPCO is committed to safety in schools, and we are very hard at work to make sure that all schools can get the products they need. The NAPCO Group of companies offers schools, colleges and universities the widest range of safety & protection products in the security industry. School safety solutions are a substantial portion of our business and we expect it to keep growing for years to come."  

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.

Contact:

Patrick McKillop
Director of Investor Relations
NAPCO Security Technologies, Inc.
OP: 800-645-9445 x 374
CP: 516-404-3597

 

SOURCE NAPCO Security Technologies, Inc.


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