GVI Security adds to offerings with Rapor acquisition

December 16, 2004 CARROLLTON, Texas - GVI Security Solutions has expanded its portfolio by acquiring Rapor Inc., a manufacturer of high security building access portals, in an all-stock deal. The deal expands GVI’s product line and coincides with the company’s strategy to provide integrated security solutions in key markets. “Our goal at GVI is to provide complete end-to-end security solutions, primarily to the homeland security market,” said Rob Hile, senior vice president of the company’s Enterprise Solutions Group. “The Rapor acquisition is a major part of our overall plan.” According to Hile, the acquisition is the first for the company since its reorganization. The transaction was finalized on Dec. 1, 2004. Rapor’s high-speed portal was designed by a consultant familiar with the 1993 World Trade Center bombings in New York as a way to secure access in high activity facilities. The Fast Trac Rapid Access Portal doors remain open to allow traffic through and closes only when needed to prevent unauthorized access. “Rapor has an added benefit over other security portals,” said Nazzareno Paciotti, chief executive officer at GVI. “It provides you with reliable security of a mantrap, but it is a user-friendly device.” According to Paciotti, it can handle 30 to 60 people per minute. Its standout characteristic may be its cost effectiveness. “The principle feature of the portal is that it is a substitution of technology for physical guards,” he said. ‘The cost of the portal is about half the annual cost of 24/7 guard service cost.” For more on this story, see the January issue of Security Systems News.