STANLEY Security Transfers Sonitrol®-branded Product Development to 3xLOGIC, Inc.

  STANLEY Security Transfers Sonitrol®-branded Product Development to 3xLOGIC,
  Inc.

Business Wire

WESTMINISTER, Colo. & INDIANAPOLIS -- June 13, 2014

STANLEY Security and 3xLOGIC, Inc., today announced a definitive agreement
where 3xLOGIC will assume ownership of research and development, technical
support and certain marketing activities for products developed under the
Sonitrol® brand. The focus of the transaction will be to bring the combined
strengths of 3xLOGIC and STANLEY Security to the development and delivery of
innovative Sonitrol-branded products. In addition 3xLOGIC, Inc. will take
ownership of the operations at the Orlando, Florida, Sonitrol facility. The
agreements forming the relationship went into effect as of June 1, 2014.

The partnership further enhances 3xLOGIC’s reach and influence in the security
industry, bringing 3xLOGIC’s innovative video verification and unrivaled
mobile capabilities to complement the industry-leading audio alarm
verification brand, Sonitrol, and its global network of franchisees.

“Sonitrol recently celebrated 50 years dedicated to verified security
solutions,” says Matthew Kushner, 3xLOGIC’s CEO. “Their unprecedented success
is built upon a foundation provided by their patented audio verification
capabilities, long recognized as the pinnacle in the industry. Yet, as the
complexity of security solutions expands, adding video verification and
anywhere, anytime access will enable the Sonitrol network to better address
the ever-changing marketplace they confront.”

“STANLEY Security is excited to bring together such an elite partnership. The
modular, scalable security solutions, including the industry leading audio
verification technology that Sonitrol can bring to the table, paired with
3XLOGIC’s distinctive video analytics will create a new niche in the security
market,” says Jeremy Morton, STANLEY Security’s VP of Software & Controls.

About 3xLOGIC

For more than 15 years, 3xLOGIC has been providing intelligent video
surveillance solutions bringing high-definition video and relevant business
data together in a visually consumable way. Seamlessly integrating audio data,
video data and transactional data, 3xLOGIC employs the latest advances in
intelligent video analytics, delivering relevant, useful business intelligence
when you need it, where you need it. Companies are able to track and improve
on metrics that directly impact the success of their business. Leveraging
3xLOGIC’s exclusive RapidStream™ Technology, users are ensured access to this
data anytime, anywhere—even in low bandwidth situations. For more information
about 3xLOGIC’s intelligent video surveillance solutions, or to learn more
about becoming a 3xLOGIC Authorized Partner, visit www.3xlogic.com or call
(877) 3XLOGIC or (877) 395-6442.

About STANLEY Security

STANLEY Security, a division of Stanley Black & Decker, is a provider of
integrated security solutions defining the future of the security industry.
STANLEY delivers a comprehensive suite of security products, software and
integrated systems with a strong emphasis on service. STANLEY is powered by a
culture of continuous innovation, providing revolutionary technology and
unmatched customer service to commercial, institutional and industrial
businesses and organizations. As one of the world's largest and most
comprehensive security providers, we're protecting what's important to you by
designing, an extensive array of products and solutions that span the entire
security spectrum. For more information, visit www.stanleysecurity.com or call
855-5-STANLEY.

Note: In July of 2008, Stanley Convergent Security Solutions, Inc. [a
subsidiary of Stanley Black & Decker, Inc. (NYSE: SWK) (f/k/a The Stanley
Works)] headquartered in Naperville, Illinois, purchased all shares and equity
of Sonitrol Corporation, Inc. along with the rights of the Sonitrol brand as
the Sonitrol franchisor. The acquisition included a Sonitrol corporate
customer base of approximately 55,000 accounts. The acquisition of Sonitrol
Corporation by Stanley CSS did not include the independent Sonitrol franchise
businesses. These businesses act independently, being solely owned and
operated as Sonitrol franchises across North America. The independent
franchises provide Sonitrol security products and solutions, including
Sonitrol access control and Sonitrol audio verification intrusion protection
in their designated territories. Although Stanley CSS and its franchise
partners are separate entities, we all share the common goal of promoting and
providing Sonitrol products and services across North America. In some markets
Stanley CSS operates its own corporately owned branch offices; but in
locations where an authorized Sonitrol franchise also operates – you can only
purchase Sonitrol products and services through the franchise.

Contact:

3xLOGIC, Inc.
Michael Irvin, 303-430-1969
press@3xlogic.com
or
STANLEY Security
Morgan Kucic, 317-558-1633
SonitrolSecurity@sbdinc.com
 
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