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SECURITY TAG SYSTEMS SHARE HOLDINGS ACQUIRED

 SECURITY TAG SYSTEMS SHARE HOLDINGS ACQUIRED
 ST. PETERSBURG, Fla., May 20 /PRNewswire/ -- Automated Security


(Holdings) PLC and Sensormatic Electronics, Inc. have announced today the purchase by Sensormatic of the electronic article surveillance and closed circuit television business of Automated, conditional on approval of Automated's shareholders. This purchase includes the approximate 30 percent share holding of Automated in SECURITY TAG SYSTEMS, INC. (NASDAQ: STAG)
 Carter W. Clarke, Jr., president and chief executive officer of SECURITY TAG stated, "When consummated, this transaction will represent a consolidation of the sales and marketing efforts of the two of the leading loss prevention companies in Europe and elsewhere in the Eastern Hemisphere. Through a separate, exclusive distribution agreement with Sensormatic, SECURITY TAG would sell its products in this territory through a greatly enhanced sales force to a much expanded customer base. This relationship would be expected to have a major positive impact on SECURITY TAG sales."
 Clarke added that "Sales in the Western Hemisphere, notably the U.S., Canada, Mexico and Latin America, would not be immediately affected by the purchase. However, with the potential of added business generated by Sensormatic, particularly in Europe, and the ever increasing sales by SECURITY TAG's domestic and dealer networks throughout our hemisphere, total company revenues and profits in the foreseeable future are most promising."
 -0- 5/20/92
 /CONTACT: Carter W. Clarke, Jr. of Security Tag Systems,


813-576-6399, or Burton Arkin of Arkin Associtates, 212-599-2369, for Security Tag Systems/
 (STAG) CO: Security Tag Systems, Inc.; Automated Security (Holdings) PLC;
 Sensormatic Electronics, Inc. ST: Florida IN: SU: TNM


AH -- NY057 -- 6247 05/20/92 12:37 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 20, 1992
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