AMITYVILLE, N.Y., Nov. 9, 2016 /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
today announced that Richard
Soloway, President and CEO, and Kevin Buchel, CFO, will present at the
Southwest IDEAS Investor Conference on Wednesday, November 16, 2016 at the
Intercontinental Dallas hotel in Dallas,
Texas. NAPCO's presentation is scheduled to begin at
8:40 AM CST. The presentation will be
webcast live and may be accessed at the conference website,
www.threepartadvisors.com/southwest-ideas, or in the investor
relations section of the company's website:
http://www.napcosecurity.com
The conference is well attended by many sophisticated investors
and NAPCO is excited to present its story and share with investors
two key paradigm shifts in its business. The first paradigm shift
is the addition of recurring revenue, which the Company has never
had in the past. The recurring revenue stream is coming from the
Company's Starlink radios, which transmits the alarm signal over a
cellular network, as well as its iBridge IoT services where
dealers can give homeowners the ability to control temperature,
lighting, locking, see live video and receive text message video
alerts. The second paradigm shift in the business is the result of
increased spending for school security. With the rising trend of
violence on campuses across the U.S. there is an urgent need for
security upgrades in K-12, Colleges and Universities. NAPCO has
products that fit every school's budget.
NAPCO management will be available for one-on-one meetings on
November 16. To schedule a meeting,
please contact NAPCO Director of Investor Relations, Patrick McKillop at pmckillop@napcosecurity.com
or Jeff Elliott of Three Part
Advisors at jelliott@threepa.com.
About IDEAS Investor Conferences
The mission of the IDEAS Conferences is to provide independent
regional venues for quality companies to present their investment
merits to an influential audience of investment
professionals. Unlike traditional bank-sponsored events,
IDEAS Investor Conferences are "Sponsored BY the Buyside FOR the
Buyside" and for the benefit of regional investment
communities. Conference sponsors collectively have more than
$200 billion in assets under
management and include: Barrow Hanley Mewhinney & Strauss,
Aristotle Capital Boston, Granahan Investment Management, Marble
Harbor Investment Counsel, Gamco Investors, GRT Capital Partners,
LLC, Keeley Asset Management, Hodges Capital Management, Luther
King Capital Management, Allianz Global Investors: NFJ Investment
Group, Perritt Capital Management, Fidelity Investments, Ironwood
Investment Management, Great Lakes Advisors, Ariel Investments,
William Harris Investors, Greenbrier Partners Capital
Management, LLC, First Wilshire Securities Management, Inc.,
Constitution Research & Management, Inc.
The IDEAS Investor Conferences are held annually in Boston, Chicago and Dallas and are produced by Three Part
Advisors, LLC. Additional information about the events can be
located at www.IDEASconferences.com.
If interested in attending or learning more about the IDEAS
conferences, please contact Joe
Noyons, (817) 778 -8424, jnoyons@threepa.com.
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.
Contacts:
Patrick McKillop
Director of Investor Relations
NAPCO Security Technologies, Inc.
OP: 800-645-9445 x 374
CP: 516-404-3597
pmckillop@napcosecurity.com
Three Part Advisors
Jeff Elliott
OP: 972-423-7070
jelliott@threepa.com
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SOURCE NAPCO Security Technologies, Inc.