NAPCO Security Technologies to Present at the 23rd Annual Needham Growth Conference on January 13, 2021

Rhea-AI Summary

NAPCO Security Technologies (NASDAQ: NSSC) will present virtually at the 23rd Annual Needham Growth Conference on January 13, 2021, at 9:15 AM ET. The presentation will focus on the shift to higher-margin recurring revenues from the Starlink Communicator product line and the urgent need for enhanced school security in the U.S. Investors can register for the live webcast through the company's investor relations website. NAPCO is a leading provider of high-tech security devices and school safety solutions, with a portfolio that addresses the needs of K-12 and large universities.

AMITYVILLE, N.Y., Jan. 6, 2021 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school security and safety solutions, announced today announced that management will be presenting virtually at the 23^rd Annual Needham Growth Conference on January 13, 2021.

NAPCO management is scheduled to present on January 13 at 9:15 AM ET with one-on-one meetings held throughout the conference. The topics to be highlighted during the conference will include the business mix shift to recurring revenues with higher margins from the Starlink Communicator family of products and addressing the urgent need for securing the schools in the US. NAPCO has a product portfolio for school security that fits the needs of K-12's and large universities. The presentation will be webcast live and investors can register to view the webcast on the investor relations section of the corporate website (www.napcosecurity.com).

To receive additional information, request an invitation or to schedule a one-on-one meeting, please contact your Needham&Co. sales representative or Patrick McKillop, Director IR for NAPCO at pmckillop@napcosecurity.com.

About NAPCO Security Technologies, Inc.

NAPCO Security Technologies, Inc., is one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school safety solutions. The Company consists of four Divisions: NAPCO, 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 are based on current expectations, estimates, forecasts and projections of future performance based on management's judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, but are not limited to, statements relating to the impact of COVID-19 pandemic; the growth of recurring service revenue and annual run rate; the introduction of new access control and locking products; the opportunities for fire alarm products; and our ability to execute our business strategies.  Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those risk factors set forth in the Company's filings with the Securities and Exchange Commission, such as our annual report on Form 10-K and quarterly reports on Form 10-Q. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and the Company undertakes no duty to update such information, except as required under applicable law.

Contacts:
Patrick McKillop
Director of Investor Relations
NAPCO Security Technologies, Inc.
800-645-9445 x 374
Mobile: 516-404-3597
pmckillop@napcosecurity.com

 

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SOURCE NAPCO Security Technologies, Inc.

FAQ

When will NAPCO present at the Needham Growth Conference?

NAPCO Security Technologies will present at the Needham Growth Conference on January 13, 2021, at 9:15 AM ET.

What will NAPCO discuss during the conference?

NAPCO will discuss the transition to higher-margin recurring revenues from the Starlink Communicator and the urgent need for school security.

How can I watch NAPCO's presentation at the Needham Growth Conference?

Investors can register to view the webcast of NAPCO's presentation on the investor relations section of their website.

What products will NAPCO highlight related to school security?

NAPCO will highlight its product portfolio designed for K-12 schools and larger universities during the conference.