Industry & Services >> CEO Interviews >> November 8, 1999

Richard Soloway – Napco Security Systems Inc (nssc)

RICHARD SOLOWAY is Chairman of the Board of Napco Security Systems, Inc., a company he founded in 1972. Napco Security Systems, Inc., is a $50 million manufacturer and marketer of a complete line of technologically advanced, electronic security and fire detection products, access control systems and digital lock equipment used in residential, commercial, institutional and industrial installations. All of the company's products are sold through a growing worldwide network of wholesale distributors to alarm installation companies, access control integrators, locksmiths, security specifiers and original equipment manufacturers. An entrepreneur with a lifelong interest in electronics and mechanics, Mr. Soloway began his career as a manufacturer of components for electric garage door openers. In the late 1960s, he developed and supplied electronic equipment, including state- of-the-art amplification systems to such leading rock bands of the day as Eric Clapton's Cream. Mr. Soloway has over 30 years of experience in electronics design and manufacturing and holds numerous patents. Mr. Soloway is a graduate of The New York Institute of Technology and is listed in Who's Who in Finance and Industry. He is married and resides in New York. Profile
TWST: Give us a background summary of the company, enough information

for an investor what the business is, what the company is all about

today.

Mr. Soloway: The company is a manufacturer and