Integrated Security Systems, Inc. Announces OEM Agreement with DoorTek Corporation.Business Editors/High-Tech Writers IRVING, Texas--(BUSINESS WIRE)--June 9, 2004 Integrated Security Systems, Inc. (ISSI ISSI International Space Science Institute ISSI Inter-Switching System Interface ISSI International Society for Self and Identity ISSI International Society for Skin Imaging (Bochum, Germany) ISSI Internet Security Systems Inc. ), (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IZZI) today announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Intelli-Site, Inc., has completed an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with DoorTek Corporation (formerly Xetron). Under the terms of the renewable one-year OEM Agreement, Intelli-Site is developing a device driver interface to the complete range of DoorTek access control products, and will deliver a name-branded security integration "head-end" software product to be marketed by DoorTek Corporation. "This agreement is important to our future growth as the DoorTek product offering enjoys long-standing, broad acceptance in the security industry. We expect this relationship to be a significant contributor to our short-term and long-term revenue growth as there exists a very healthy retrofit as well as a new installation opportunity with DoorTek," said C.A. Rundell, Jr., Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Integrated Security Systems, Inc. Headquartered in San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , DoorTek Corporation is a leading manufacturer of Access Control Systems and Security System Products that are used throughout the world. In addition to DoorTek's broad range of directly-marketed access control products, DoorTek has also provided OEM products to major manufacturers such as Diebold, Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. and Notifier Systems. "With the major increase in system integration in both the access control market and the correctional market, both of which we are very active in, we are thrilled to partner with a company of Intelli-Site's knowledge and ability, to now give the integrator a new higher level of integration," commented Robert Gardner, President of DoorTek Corporation. Headquartered in Irving, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to , ISSI is a technology company that provides products and services for homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States needs. ISSI also designs, develops and markets safety equipment and security software to the commercial, industrial and governmental marketplaces. ISSI's Intelli-Site(R) provides users with a software solution that integrates existing subsystems from multiple vendors without incurring the additional costs associated with upgrades or replacement. Intelli-Site(R) features a user-defined graphics interface that controls various security devices within one or multiple facilities. ISSI is a leading provider of anti-terrorist barriers, traffic control and safety systems within the road and bridge and perimeter security gate industries. ISSI designs, manufactures and distributes warning gates, lane changers, airport and navigational lighting and perimeter security gates and operators. ISSI conducts its design, development, manufacturing and distribution activities through two wholly owned subsidiaries: Intelli-Site, Inc. and B&B ARMR ARMR Army Readiness and Mobilization Region Corporation. For more information, please visit www.integratedsecurity.com, www.intelli-site.com, or www.bb-armr.com. This information contains certain forward-looking statements. It is important to note that ISSI's actual results could differ materially from those projected by such forward-looking statements. Important factors that could cause actual results to differ materially from those projected in the forward-looking statements include, but are not limited to, the following: operations may not improve as projected, new products may not be accepted by the marketplace as anticipated, or new products may take longer to develop than anticipated. |
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