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NAPCO SECURITY SYSTEMS, INC. ANNOUNCES SALES/EARNINGS FOR THE YEAR ENDED JUNE 30, 1992

 NAPCO SECURITY SYSTEMS, INC. ANNOUNCES SALES/EARNINGS
 FOR THE YEAR ENDED JUNE 30, 1992
 AMITYVILLE, N.Y., Sept. 28 /PRNewswire/ -- Napco Security Systems, Inc. (NASDAQ: NSSC), vice president of finance and administration, Kevin Buchel announced today the company's results for both sales and earnings for the year ended June 30, 1992.
 Sales for the year ended June 30, 1992 increased by $2,623,000 to a record level of $38,816,000 from $36,193,000 in fiscal 1991. The company was able to generate this record volume despite the continued recessionary conditions in the marketplace. This is a reflection of the market acceptance of the company's overall product line.
 Net income increased by $895,000 to $1,406,000 or $0.32 per share as compared to $511,000 or $0.12 per share in fiscal 1991. This 175 percent increase was primarily due to the above-mentioned sales increase as well as increased income tax benefits obtained by the company in fiscal 1992 as compared to fiscal 1991.
 Founded in 1969, Napco Security Systems, Inc. is one of the Nation's leading manufacturers of electronic security equipment. The company's products are used in residential, commercial, institutional and industrial installations.
 -0- 9/28/92
 /CONTACT: Napco Security Systems, Inc. 800-645-9445, or 516-842-9400, or fax 516-842-9137/
 (NSSC) CO: Napco Security Systems, Inc. ST: New York IN: SU: ERN


LD-OS -- NY057 -- 4081 09/28/92 16:37 EDT
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Publication:PR Newswire
Date:Sep 28, 1992
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