News Release
FOR IMMEDIATE
RELEASE CONTACT: Peter L. Murdoch
President
& CEO
(631)
739-2100
Ronkonkoma, New York, October 10, 2006 --
Sentry Technology Corporation (OTC Bulletin Board: SKVY) announced today that
during the month of September orders were received for SentryVision®
SmartTrack™ traveling CCTV systems from 8 large customers in 6 countries on 3
continents. In total, September orders
for all products and services were in excess of $1,800,000. The systems will be used to manage both
theft and operations in stores and distribution centers. SmartTrack™ uses patented technology to
transmit video images from two pan, tilt and zoom cameras traveling along an
aluminum rail mounted on the ceiling.
The camera carriage travels at speeds of up to 13 feet per second and
provides unobstructed views of people, goods and processes. The HipTV™ wireless, handheld device allows
the operator full command and control of the traveling camera system while
walking a facility.
“In the past, SmartTrack™ sales were
concentrated with a few customers and with one very large U.S. customer in
particular,” said Peter L. Murdoch, President and CEO of Sentry Technology
Corporation. “We are pleased to see a
growing base of orders for SmartTrack™ that, combined with increases in our
library security sales, is creating a foundation on which to grow our
business.”
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 SentryVisionâ, SmartTrack, 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.
###