Sentry Technology Signs Contract With Tyco Safety Products

RONKONKOMA, N.Y., Dec. 3  /PRNewswire-FirstCall/ -- Sentry Technology Corporation (Pink Sheets: SKVY) announced today, the signing of a contract with Thorn Security Limited, trading as Tyco Safety Products and Sensormatic European Distribution Limited, to sell an OEM version of the SentryVision® SmartTrack(TM) traveling camera system through offices located in Europe, the Middle East and Africa. The agreement also grants Tyco the right to sell Sentry's product in other markets around the world.

SmartTrack(TM) uses patented technology to transmit video images from one or two pan, tilt and zoom cameras traveling along a ceiling mounted rail. The camera carriage travels at high speeds and provides unobstructed views of people, goods and processes.  The Company has more than 2,500 systems installed worldwide primarily in leading retailers, distribution centers and courier companies.

"We are pleased to partner with Tyco to help grow our worldwide sales of SmartTrack(TM) systems," said Peter L. Murdoch, President and CEO of Sentry Technology Corporation. "The Tyco OEM version of SmartTrack(TM) will be sold primarily to its large base of retail customers beginning in early 2010. We anticipate that sales through the Tyco network will double our annual SmartTrack(TM) volume representing a significant revenue increase."

ABOUT TYCO SAFETY PRODUCTS

Tyco Safety Products is a division of Tyco International. Their businesses design, manufacture and sell products across three key platforms: electronic security, life safety and fire suppression. With 2007 revenues of more than $3 billion, their diverse product lines comprise access control, video management systems, intrusion security, electronic fire detection, electronic article surveillance, RFID, breathing apparatuses and chemical and water fire suppression solutions.

With 38 manufacturing facilities worldwide and more than 10,000 employees, the company serves customers in more than 100 countries and provide safety and security for people around the world every day.

Tyco sells its safety and security products through a global network of sales channels, business partners and equipment integrators, and the company's industry-leading brands are recognized globally. Click on our brands below for more product and service information. More information can be found at http://www.tyco.com/.

ABOUT SENTRY TECHNOLOGY CORPORATION

Sentry Technology Corporation designs, manufactures, sells and installs a complete line of Closed Circuit Television (CCTV) solutions, Electro-Magnetic (EM) and RFID based Library Management systems as well as Radio Frequency (RF) and Electro-Magnetic (EM) EAS systems.  Our CCTV product line features SentryVision, SmartTrack(TM), a proprietary, patented traveling Surveillance System.  Products are used by libraries to secure inventory and improve operating efficiency, by retailers to deter shoplifting and internal theft and by industrial and institutional customers to protect assets and people.  More information can be found at http://www.sentrytechnology.com/.

This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.  Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements.  Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings. 

DATASOURCE: Sentry Technology Corporation



CONTACT:  Peter L. Murdoch, President & CEO of Sentry Technology

Corporation, [phone]



Web Site:  http://www.sentrytechnology.com/ 



Company News On-Call:  http://www.prnewswire.com/comp/494538.html

Copyright