NAPCO Security Systems, Inc. Ranks #72 out of over 1,000 Companies by Fortune SB Magazine in Its Sixth Annual Ranking of America's Fastest Growing Small Companies.AMITYVILLE, N.Y. -- NAPCO NAPCO North American Publishing Company Security Systems, Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
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NSSC National Soil Survey Center
NSSC National Senior Service Corps
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NSSC NASA Standard Spacecraft Computer
NSSC National Space Science Centre (UK) ), one of the world's leading suppliers of high performance electronic security systems and equipment for over 30 years, today announced that it was ranked #72 in the recently published Sixth Annual FORTUNE Small Business Listing of America's Fastest Growing Small Public Companies (The FSB (FrontSide Bus) See system bus.
FSB - front side bus 100 2006).
The ranking is compiled by measuring the performance of public companies with revenues of less than $200 million over the past three years in three categories: revenue growth, earnings per share growth and stock performance.
Mr. Richard Soloway, Chairman and 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 NAPCO, stated, "We are extremely gratified grat·i·fy
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.
2. to be one of a very small select list of companies to warrant recognition in the FSB 100 list of America's Fastest Growing Small Companies by virtue of our performance in three key financial metrics as compiled by Zacks, a highly regarded independent research firm. We look forward to attaining this distinction again in 2007."
About NAPCO Security Systems, Inc.
NAPCO Security Systems, Inc. is one of the world's leading manufacturers of technologically advanced electronic security equipment including intrusion and fire alarm systems, access control systems and electronic locking devices. The Company's products, including those of Alarm Lock and Continental Instruments, feature some of the most popular and best-selling security control panels and sensors, locking devices and access control products. They are used in residential, commercial, institutional, industrial and governmental applications. NAPCO security products have earned a reputation for technical excellence, reliability and innovation, poising the Company for revenue growth in the rapidly expanding electronic security market, a market whose current size exceeds $30 billion.
For additional information on NAPCO, please visit the Company's web site at www.napcosecurity.com.
This press release contains forward-looking statements forward-looking statement
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.