AMITYVILLE, N.Y., Aug. 18, 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 Midwest IDEAS Investor Conference on Tuesday, August 30, 2016 at the Chicago Hard Rock Hotel in Chicago, Illinois. NAPCO's presentation is scheduled to begin at 1:50 P.M. CDT. The presentation will be webcast live and may be accessed at the conference website, www.IDEASConferences.com, 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 August 30. To schedule a meeting, please contact NAPCO Director of Investor Relations, Patrick McKillop at firstname.lastname@example.org or Jeff Elliott of Three Part Advisors at email@example.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, firstname.lastname@example.org.
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.