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NAPCO Security Technologies, Inc. to Present at the Rodman & Renshaw Annual Global Investment Conference

Thousands of Attendees Expected to Attend Recognized Investor Conference


  • Press Release
  • Source: NAPCO Security Technologies, Inc.
  • On 10:00 am EDT, Tuesday September 1, 2009

AMITYVILLE, N.Y.--(BUSINESS WIRE)--NAPCO Security Technologies, Inc., (Nasdaq: NSSC - News), 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 Rodman & Renshaw Annual Global Investment Conference on Wednesday, September 9, 2009, at 9:35 a.m. ET. The conference will be held at the New York Palace Hotel in New York, New York and the presentation will be delivered in the Louis Salon on the 4th Floor. Management will discuss the Company’s business structure, financial overview, new product offerings and market opportunities.

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“We are very pleased to participate in the Rodman & Renshaw Annual Global Investment Conference,” stated Mr. Richard Soloway, Chairman and CEO. “NAPCO’s exciting growth story is especially timely due to several catalysts, including the recent consolidation of Marks USA into our Amityville headquarters. Additional synergies are also anticipated by the end of the year, which is expected to save the Company a couple of million dollars by consolidating expenses. Now that NAPCO has all the necessary security offerings under one roof, we can leverage all our relationships as well as obtain market share during a time when crime is on the rise, specifically burglaries, stemming from the prolonged economic downturn.”

“We are constantly seeing additional opportunities in this environment for our suite of state of the art security products and services, including access control, electronic door locking systems and video surveillance equipment, with one recent example whereby states are proposing to release inmates prematurely due to budget constraints. As more states adopt such policies, including a decrease in police presence, the demand for NAPCO’s high-tech electronic solutions for the protection of lives and property will only increase,” 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.

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:

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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