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ITG establishes a distribution center

SSN Staff  - 
06/01/2002

HONG KONG-Assa Abloy's Identification Technology Group (ITG) has opened a Hong Kong-based distribution center that will serve HID's customers in the Asia Pacific region.

Company officials expect the new warehousing and card processing operation will reduce shipping times and increase convenience to HID's Asia Pacific customers.

Intelli-Check retains firm KPMG

SSN Staff  - 
06/01/2002

WOODBURY, N.Y.

Ultrak secures new $15 million line of credit

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06/01/2002

LEWISVILLE, Texas-Ultrak Inc. changed creditors and secured a $15 million line of credit from Frost National Bank.

Bankruptcy prompts ITS guard sale

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06/01/2002

CLEVELAND-International Total Services sold its guard business to Houston company Willard M LLC, following an order from bankruptcy court.

The deal was for $4.

Lab conjures secure ceiling clips

PSU facility looking for partner to make, sell invention
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06/01/2002

STATE COLLEGE, Pa.-A research laboratory at Penn State University has invented a small metal clip that will make secure an acoustic tile drop ceiling and is searching for a commercial manufacturing partner to mass produce it.

Security Networks buys Proton Security

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06/01/2002

WEST PALM BEACH, Fla.-Security Networks, a security company that began operations here in April, acquired Lantana, Fla.

Lakeland Lock & Safe moves into downtown storefront, changes name

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06/01/2002

LAKELAND, Fla.-In order to accommodate its growing residential and commercial security business, Lakeland Lock & Safe has changed its name and moved into a downtown storefront here.

Surveillance equipment manufacturer Wescam seeks a buyer, other options

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06/01/2002

BURLINGTON, Ontario-Wescam, a manufacturer of high-end surveillance equipment, is considering selling. It's a move that company officials expect will help the company expand.

Securitas ends discussions with Chubb

The world-wide security giant made a move for the U.K. rival security company
 - 
06/01/2002

STOCKHOLM-Securitas AB, the Swedish security firm known for buying American security companies Pinkerton's Inc. and Burns International, halted preliminary talks with rival company Chubb Plc.

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