BrinkÃ¢â‚¬â„¢s Home Security renews Universal Power Group contract
July 1, 2004
ADDISON, Texas - Zunicom announced this week that BrinkÃ¢â‚¬â„¢s Home Security has signed a two-year contract renewal with its subsidiary Universal Power Group, a provider of portable power and related portable-powered products. The agreement is expected to bring at least $90 million in revenue for Universal Power over the next three years.
Under the terms of the deal, the Universal Power Group will manage all of BrinkÃ¢â‚¬â„¢s Home SecurityÃ¢â‚¬â„¢s product procurement, warehousing, fulfillment and distribution needs. These products include batteries, transformers, speakers, sirens and cable. The contract renewal also enables BrinkÃ¢â‚¬â„¢s to renew its contract with Universal beyond the initial two years, through two one-year increments.
In addition to Universal Power Group, Zunicom is the parent company of AlphaNet, a supplier of communication and related product to the hospitality industry.