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Unican Security Systems Ltd. Announces The Acquisition Of Locksmiths Distribuidora De Chaves E Duplicadora Ltda. In Brazil.


MONTREAL--(BUSINESS WIRE)--April 19, 1999--

UNICAN UNICAN Unidad Indígena Y Campesina del Norte (Union of Northern Indigenous People and Farmers; Guatemala) (ME:UCS (Universal Character Set) An ISO/IEC format for coding character sets. ISO/IEC 10646 was synchronized with Unicode; however, Unicode adds additional constraints, and compliance with 10646 does not guarantee compatibility with Unicode. See Unicode. .A.) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:UCS.A.) (ME:UCS.B.) (TSE:UCS.B.) Unican Security Systems Ltd. of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company.  is pleased to announce that it has acquired all of the shares of Locksmiths Distribuidora de Chaves e Duplicadora Ltda. (Locksmiths) in Sao Paulo, Brazil. Locksmiths is an existing key and key duplicating machine distributor for Silca S.p.A. of Italy (a member of the Unican Group). Terms of the agreement were not disclosed.

In December of 1998, Unican purchased Productos Metallicos Alba, Mexico's largest key blank manufacturer. The Locksmiths acquisition is the next step in the Company's plan to expand its reach into Latin America. Using Locksmiths as a base, Unican will build a sales, marketing, and technical team to support its entire product range. The new office will be operated as Silca Unican Brazil Ltda.

Unican Security Systems Ltd., with sales in excess of Cdn. $450, million is a leading global supplier of electronic access control products for both the hospitality and commercial sectors, as well as mechanical and electronic security products for the safe and vault industry. Unican is also the world's leading supplier of key blanks, key cutting equipment, and mechanical pushbutton push·but·ton  
n. also push button
A small button that activates an electric circuit when pushed.

adj. also push-but·ton
Equipped with or operated by a pushbutton.
 locks.
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Publication:Business Wire
Geographic Code:3BRAZ
Date:Apr 19, 1999
Words:203
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