Matrix Systems Appoints Holly Tsourides as CEO

  Matrix Systems Appoints Holly Tsourides as CEO

   Veteran industry executive to lead access control and security solutions
                      provider into next phase of growth

Business Wire

MIAMISBURG, Ohio -- May 06, 2013

Matrix Systems, an access control and security solutions provider with a
reputation built on service and long-term customer relationships, has
appointed Holly Tsourides as its new Chief Executive Officer to lead the
company into its next phase of development and growth.

“As our new CEO, Holly Tsourides is a significant addition to our executive
leadership team,” said James Young, President, Matrix Systems. “Holly has the
vision and resources to direct our company as we continue to innovate from a
technology perspective, refresh our go-to-market strategy and fine tune our
overall positioning for even greater success in the future.” Young, who has
led Matrix since 2003, will remain active in a key role spearheading business
development and major account penetration.

Tsourides brings with her more than 15 years of executive management and sales
experience at technology companies ranging from start-ups to global
corporations. She comes to Matrix Systems from video analytics company
VideoIQ, where as Chief Sales and Marketing Officer she helped the company
build global sales and marketing channels achieving over 700% revenue growth.
Spanning 15 years, her previous industry experience includes The Stanley
Works, where Tsourides served as President of a $90-million independent
distribution business. She also held various senior-level sales positions
including Vice President of Sales with IFS/GE Security and National Sales
Manager for GE Security. Tsourides began her security career in 1996 as a
Regional Sales Manager for Identix.

“The opportunity to join a world-class leadership team and a company with so
many opportunities for growth was one that I couldn’t refuse,” said Tsourides.
“The security industry is changing all around us, and nimble companies such as
Matrix Systems are well-positioned for an important role leading the industry
into the future. I am proud to be a part of it.”

At Matrix, Tsourides joins a seasoned team that is dedicated to building on
its success to date, expanding into new markets and forming new partnerships
under her leadership.

About Matrix Systems

For more than 30 years, Matrix Systems has been committed to protecting
people, property and information, providing security solutions tailored to the
unique needs of organizations of every size and type. Matrix Systems'
offerings cover a range of open-architecture products including the robust,
fully scalable Frontier™ access control solution, as well as biometrics, video
management and visitor administration. Matrix Systems serves transportation,
commercial, education, government, healthcare and industrial markets.


Media contact:
for Matrix Systems
Rhianna Daniels
O: 813-645-1242
M: 603-591-7209
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