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In the current environment investors are looking for solid companies with good growth potential, NAPCO Security Systems, Inc. (NASDAQ:NSSC), a leader in the security equipment and systems field, meets the requirements.
Since the founding 30 years ago by Richard Soloway, NAPCO’s Chairman and CEO, the Company has become a leading manufacturer of electronic security equipment including alarms, locks and building access control systems. NAPCO products have earned a reputation for technical excellence and quality from its worldwide selling network of professional security dealers. The Company has potential for further rapid growth in the burgeoning $25 billion + security market.
Investing in NAPCO has been very rewarding. A shareholder that purchased a share of NAPCO stock at the time of the Company’s initial public offering and held it to the current day would have seen that investment rise more than 71 times. Furthermore, NAPCO’s performance over the past five years has been outstanding. In the period beginning June 2001 and ending March 2006, every dollar invested in NAPCO increased in value over 1,147% while the performance of the shares listed on the various exchange indices have performed poorly.
With worldwide terrorism of great concern and the ever increasing need for security and protection in homes and businesses, NAPCO is positioned for continued growth. For more information, click the links at top right or contact Investor Relations at 631-842-9400 ext.120.