Tag: MVP Access
NAPCO overcomes ‘external challenges,’ posts strong RSR numbers
May 28, 2025Cory Harris, Editor
AMITYVILLE, N.Y.—Even with U.S.-imposed tariffs leading to increased equipment prices in Q3, NAPCO Security Technologies Chairman and CEO Richard Soloway assured investors during a recent conference call that his company is well-positioned to withstand turbulence thanks in part to growing recurring service revenue.
RSR increased by 10.6% to $21.6 million in Q3, representing 49% of total company revenues with a 91% gross margin.
“While fiscal Q3 brought external...
NAPCO promotes Peter Lowenstein to sales head of new Napco Access group
January 16, 2025SSN Staff
AMITYVILLE, N.Y. —NAPCO Security Technologies has announced the promotion of Peter Lowenstein’s to head up sales for Napco Access, a newly unified group combining the company’s three access control divisions: Alarm Lock, Marks USA, and Napco Access Pro (formerly Continental).
Lowenstein joined NAPCO four years ago, bringing extensive experience from distribution and competitive manufacturers. Under his leadership, the team will continue to expand key relationships, develop...