Servelec Group Regulatory News (SERV)

27 Mar 2006 07:00

Servocell Group PLC27 March 2006 Servocell Group plc ("Servocell") to work with Global Access Control specialists Servocell makes and sells the 'Active Latch' product range to lock manufacturers around the world. Active Latch products enable the production of low power electromechanical locking mechanisms. The Board of Servocell is pleased to announce the launch of its ProActivePartnership programme. This partnership programme identifies Access Controlcompanies keen to work with Servocell's Active Latch product range in order tocreate leading edge security solutions. This forum will provide advice and guidance to traditional lock manufacturerskeen to move into the higher growth sector of electro mechanical locks whichrepresents approximately 20% of the $30bn per annum global locks market. Whilsthaving expertise in mechanical locks, traditional lock manufacturers may haveless capability in the area of Access Control and need a partner who can provideskilled technical advice. Servocell's ProActive Partners are companies who havedemonstrated a capability and understanding in this area. Among the first customers to become ProActive Partner companies are ODI Security(USA), TSSI (UK), Soha Sun (Iran), Key Innovations (Sweden) and Suprema (Korea). Simon Powell, CEO of Servocell commented:- "Following on from our recent successful flotation our new Pro-ActivePartnership Programme will accelerate product development as well as open newsales opportunities via a raised awareness of the diversity of access controlproducts available across the new network. We are currently working with lockmanufacturers and access control device developers in over 15 countriesworldwide on Active Latch solutions and are well positioned to capitalise on thesignificant opportunities that exist within the growing electro mechanical locksmarket". Servocell Group Simon Powell, CEO 01279 621 500 Steven Weaver, CFO Biddicks Shane Dolan 0207 448 1000 For more information on the ProActive Partnership, please visit:www.proactivepartnership.co.uk Note to editors: Partner Websites:ODI Security, access control specialist through fingerprint recognitionwww.odisecurity.com TSSI, specialist in a wide range of Access Control solutions, fingerprintbiometrics, ID and smart cardwww.tssi.co.uk Soha Sun, access control specialising in smart card and RFIDwww.soha-sun.com Key Innovations, developers of Tap-a-Key, one button keypad solutionwww.keyinnovations.se Suprema, leading biometrics company offering core fingerprint technologies forPC and embedded applicationswww.supremainc.com This information is provided by RNS The company news service from the London Stock Exchange