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Press Release
IR
Security & Safety Acquires Recognition Source
Wireless Locking Systems Easily
Retrofit into Any Electronic Access System; Cut Installation Time
and Costs; Use Legacy Keys and ID Credentials
CARMEL, IN. - September 24, 2004 - IR Security & Safety, part of
Ingersoll-Rand Company (IR), has acquired the assets of
Recognition Source LLC, the market leader in the application of
wireless technology in physical security environments. Under the
Schlage brand, these innovative access control products will expand
the range of IR's solutions for airports, healthcare institutions,
schools and universities, corporate facilities and other
applications that can benefit from faster, less costly
installations.
"We are very excited to bring wireless technology into our
portfolio," said Doug Wright, Vice President and General Manager of
Electronic Control Systems for IR Security and Safety. "The business
case for deploying the new Schlage Wireless system in networked
openings is compelling."
Actual installations demonstrate a wireless solution can have a
substantially lower installed cost than an online access control
system. Wireless systems use less hardware and install five to ten
times faster. With Schlage Wireless systems, it becomes extremely
easy to retrofit electronic access control solutions in facilities
and applications that have previously held back due to budget
constraints or installation limitations.
In addition to providing access control at a door in the form of a
wireless lock, Schlage will now provide wireless solutions for
elevators, gates, exit devices and electric strikes. Importantly,
the wireless system easily integrates into all existing access
control systems and customers can continue to use their existing
keys or ID credentials.
IR Security & Safety will continue to develop the extensive
portfolio of intellectual property assets that Recognition Source
has accumulated for wireless access control systems.
Current Recognition Source CEO Fred Conforti will join IR. "IR
provides the ideal platform to expand the market for wireless access
control," notes Conforti. "We look forward to working with current
and new wireless customers to leverage the combined benefits of
Recognition Source and IR."
About IR Security & Safety
IR Security and Safety is a global leader in products and services
that provide secure, safe and productive environments for new and
existing facilities. Market leading brands include Schlage, Von
Duprin, LCN and Recognition Systems. Website is
www.IRsecurityandsafety.com.
About IR
Ingersoll-Rand is a leading innovation and solutions provider for
the major global markets of Climate Control, Industrial Solutions,
Infrastructure and Security and Safety.
For More Information…
George Nortonen
IR Security & Safety
860-584-9158
Email George
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