The Houston Independent School District is the 7th largest district in the United States. They are members of the Council of Great City Schools ("CGCS"), which consists of the 28 largest public school districts in the country. Byron and HISD represented best practices security methods and installations, as part of the CGCS and has helped many other member schools improve their security preparedness. Houston issued a total of $80 million in bonds, which Byron directed towards HISD's security efforts.
Richard Soloway, CEO of NAPCO commented, "We are delighted to have Byron join our Company and feel that his background and experience will be of great value in driving our school security business. The vast majority of schools and universities in the United States are largely unprepared for the continued rising trend in school safety incidents such as attacks by armed intruders."
Soloway concluded, "NAPCO markets product solutions which fit every budget, whether it is a K-12 school environment or a large university. Byron's 30 years of experience in this area are a critical element in knowing how to effectively navigate the playing field in order to achieve the results we all desire, which is safe schools for students and faculty members."
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
Three Part Advisors
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SOURCE NAPCO Security Technologies, Inc.