News Release
FOR IMMEDIATE
RELEASE CONTACT: Peter L. Murdoch
President
& CEO
(631)
739-2100
Ronkonkoma, New York, June 13, 2006 --
Sentry Technology Corporation (OTC Bulletin Board: SKVY) announced today that
it has been awarded a contract to supply library security systems to the New
York Board of Education. This is the third consecutive year that Sentry has
been awarded contracts to supply America’s largest school board serving 1,200
schools in 10 regions. The New York City Board of Education continues to rely
on Sentry’s market leading electromagnetic anti-theft systems and security
labels. This week, Sentry was also chosen as the successful bidder to supply 31
QuickCheck™ patron self-service systems to the Mid-Continent Public Library in
Independence, Missouri. The
Mid-Continent Public Library serves more than 400,000 patrons through a network
of 31 branches. The combination of the two contracts represents approximately $377,000
in revenue for Sentry.
“Our
library business continues to show solid growth with orders in the first two
weeks of June exceeding $500,000,” said Peter L. Murdoch, President and CEO for
Sentry Technology Corporation. “Leading
libraries across North America are choosing our market leading technology both
to control theft and to improve customer service through the implementation of
our QuickCheck™ patron self-service systems.”
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. The
CCTV product line features the SentryVisionâ SmartTrack
system, a proprietary, patented traveling Surveillance System. The Company’s 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. For further
information, please visit our website at 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.