New ASSA ABLOY Retrofit Security Solutions Alliance Announced by Medeco Security Locks and Arrow Lock & Door Hardware

New Director of Sales Named to New Organization


SALEM, Va., Feb. 20, 2006 (PRIMEZONE) -- ASSA ABLOY High Security & Aftermarket Group President Tom Kaika today announced the launch of a new sales and marketing organization -- ASSA ABLOY Retrofit Security Solutions(sm) (RSS) -- formed by merging the sales and marketing operations of Medeco Security Locks and Arrow Lock & Door Hardware.

The new Retrofit Security Solutions organization will offer professional locksmith dealers and distribution partners the widest selection of high security and aftermarket products available from both the Medeco and Arrow brands. RSS will drive accelerated product development, increased end user focus, and the elimination of redundancy leading to improved communication and more cohesive partner programs and support.

RSS will operate under the joint leadership of Director of Marketing Noel Flynn, and newly hired Director of Sales Brian Strom. Strom comes to RSS with more than 16 years of security industry experience.

"Overall, our sales personnel will be able to better focus on and react to local market conditions," Kaika said. "This enhanced focus aligns us with ASSA ABLOY's strategic commitment to value-added distribution while placing an emphasis on innovative products that satisfy end users' security needs."

About RSS

ASSA ABLOY Retrofit Security Solutions (RSS) represents the newly formed sales and marketing alliance between Medeco Security Locks and Arrow Lock & Door Hardware. RSS offers professional locksmith dealers and distributors the widest selection of high security and aftermarket solutions from two of the industry's leading brands.

With nearly one hundred years of combined history, RSS provides Medeco and Arrow the combined strength to drive accelerated product development, foster a renewed focus on valued-added end user solutions, and be a trusted lock and hardware supplier offering superior sales and product support.

Represented by a merged sales force of Medeco and Arrow territory managers and sales agencies, RSS serves wholesale and professional aftermarket security providers worldwide.

The ASSA ABLOY Retrofit Security Solutions logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=2364

About Medeco

Founded in 1968, Medeco is a market leader in manufacturing high security, patent protected locks and locking systems for security, safety, and key control. The company's customer base includes Wholesale and Retail Security providers, Original Equipment Manufacturers, and Industrial End Users.

About Arrow

Since 1949, Arrow has been recognized as a leading manufacturer of locking hardware, door controls and key systems. Uniquely positioned for commercial and residential projects ranging from expansive commercial and institutional facilities to single family dwelling, Arrow products are available worldwide through a network of authorized distributors.



            

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