Ultrak Announces Board Changes & Promotion of General Counsel.

Business Editors

LEWISVILLE, Texas--(BUSINESS WIRE)--Aug. 12, 2002

Ultrak, Inc. (Nasdaq:ULTK) announces the election of Oliver M. Stahel as a director. NASDAQ approved Mr. Stahel as an independent director. He has been appointed as a member of the Audit Committee and Chairman of the Compensation Committee.

Mr. Stahel, age 67, has served as Vice-Chairman of Balmac International since 1997. Mr. Stahel is a Swiss national and has an extensive international business background, including high level experience and relations in Asia. He has been a member of the World Economic Forum Davos for several years. Mr. Stahel is also on the Boards of FINEX Europe, a division of the New York Cotton Exchange, the Liverpool Cotton Research Corporation, Willy Bogner GmbH (Munich), Maag Holding Zurich and others. Mr. Stahel's international contacts are expected to help enhance the Company's international opportunities in high margin markets.

The Company has also accepted the resignations of George K. Broady and Alastair J.A.B. Gunning from the Board of Directors.

Mr. Broady has been instrumental in Ultrak's growth and technological development during the last eleven years. He served as the Company's Chief Executive Officer and Chairman of the Board from March 1991 through April 2002. Broady led the effort to make Ultrak a public company, enabling it acquire additional technology and expanding into international markets.

Mr. Gunning has been a member of Ultrak's Board of Directors since October 2001. While he was on the Board, Mr. Gunning oversaw the $4.5 million private placement of additional shares.

Ultrak's Board of Directors now consists of Mr. Niklaus F. Zenger, Mr. Bryan Tate, Mr. Gerard Codeluppi, Mr. Michael Morris and Mr. Oliver M. Stahel.

Karen S. Austin, the Company's General Counsel, was promoted to Senior Vice-President. She will also provide leadership of a newly developed intellectual property management group. Ms. Austin has served as Ultrak's General Counsel since July 2001 and has been a key member of the Executive team. Prior to joining Ultrak, Austin served for 10 years as Assistant General Council for Overhead Door Corporation.

For the past 15 years, Ultrak has established a position as a leading supplier of integrated security and surveillance and audio systems globally. Ultrak continues to provide comprehensive, end-to-end solutions to meet and exceed the needs of a number of government, transportation, gaming, financial, correctional, educational, retail, manufacturing, medical and corporate enterprises. With headquarters located in Lewisville, Texas, Ultrak provides access control, digital video, CCTV, intercom and central station monitoring solutions through a global network of dealers and distributors servicing North and South America, Europe, Africa, Asia and Australia. For more information about the Company, visit www.ultrak.com.