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NAPCO Security Technologies Announces Additional Large Purchase Order From Pepperdine University

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NAPCO Security Technologies Announces Additional Large Purchase Order From Pepperdine University

-Over 400 Trilogy Networx Locks to be Installed-

PR Newswire

AMITYVILLE, N.Y., March 26, 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 today announced that Pepperdine University has ordered over 400 Trilogy Networx Locks for use on its campus in Malibu, CA.

The additional Trilogy Networx Locks will be installed in Pepperdine's new law school and athletic buildings. The Trilogy Networx locks include features such as allowing authorized users to initiate an emergency global lockdown in ten seconds and wireless communication via Ethernet or 802.11B/G for a comprehensive wireless networked door access control system. Authorized users can also quickly and wirelessly change users, schedules, lock features or retrieve 35,000 events/lock from any networked PC.

Pepperdine University has recently placed the order for these locks and installation in currently ongoing. The university has previously completed the installation of NAPCO products in its student dormitories as well as its library and administration buildings. Over the past few years Pepperdine has now installed NAPCO products in three different projects, which demonstrates the university's commitment to school safety as well as the very positive opinion they have with respect to the performance of NAPCO products in protecting the students and staff on its campus.

Richard Soloway, CEO of NAPCO commented, "Our relationship with Pepperdine University continues to be a very positive one and we are excited that for the third time they have chosen to use our products in their campus buildings. NAPCO is committed to the effort of making our schools safe for both students and the staff. Our school safety product offering has something that can fit every school's budget, whether a university such as Pepperdine or a small elementary school. The school safety vertical continues to be a paradigm shift for the Company and we expect it to continue in the future years ahead."

Mr. Soloway concluded, "We want to thank Pepperdine University for their continued support of NAPCO by using our products on their campus. Our focus on school security is top of mind and having a relationship with a premier institution such as Pepperdine is truly an honor we hold in the highest regard."

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
pmckillop@napcosecurity.com

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SOURCE NAPCO Security Technologies, Inc.

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