Electronic Control Security, Inc. Enters Into Partnership With AATSC a Division of the AlZahid Group of Companies to Supply S...
02 May 2014 - 2:32AM
Marketwired
Electronic Control Security, Inc. Enters Into Partnership With
AATSC a Division of the AlZahid Group of Companies to Supply
Security Equipment for the Kingdom of Saudi Arabia and GCC
Countries
CLIFTON, NJ--(Marketwired - May 1, 2014) - ECSI International,
Inc a division of Electronic Control Security, Inc. (OTCBB: EKCS)
(ECSI), a global leader in state-of-the-art integrated entry
control and perimeter security systems, today announced a
partnership agreement with the AlZahid Group of Companies in the
Kingdom of Saudi Arabia to supply security equipment and support
services for the Kingdom of Saudi Arabia and the GCC Countries.
Arthur Barchenko, President & CEO of ECSI, stated, "This
partnership agreement offers ECSI a major vehicle through
which to supply product and services in the Kingdom of Saudi Arabia
to effectively address their nation's security
requirements. The AlZahid Group of Companies is well situated
to address the Security for both the Government and Private sector
through their existing customer base."
Further, Mr. Barchenko commented that, "Proposals have already
been submitted in response to major developments in the Kingdom
addressing Ministry of Interior areas of responsibility requiring
security technologies manufactured by ECSI with anticipated
contract awards scheduled for fiscal 2013 through 2018."
ABOUT ALZAHID GROUP
The AlZahid Group of companies was founded in 1951 by AlZahid
Family through AlZahid Construction. By 1958 the company was in
full swing, building bridges, tunnels, flyovers, roads, and had the
honorable distinction of being the most dynamic company with steady
growth. By 1972, the Group had started its industrial
division. Now the Group consists of five divisions: General
Construction, Industries, Mining, Health Care and Security, Trading
and General Services . We are excited about our partnership
with ECSI in order to build a strong Security Division within our
Organization.
About ECSI
ECSI is a global leader in entry control and perimeter security
and a quality provider to the Department of Defense, Department of
Energy, nuclear power stations, and other large
commercial-industrial complexes. The Company designs,
manufactures and markets physical electronic security systems for
high-profile, high-threat environments utilizing risk assessment
and analysis to determine and address the security needs of its
customers. Teaming agreements with major system integrators
enable ECSI to support the installation and aftermarket of its
products in the U.S. and overseas. ECSI is located at 790
Bloomfield Avenue, Bldg. C-1, and Clifton, NJ 07012. Tel:
973-574-8555; Fax: 973-574-8562. For more information on ECSI and
its customers, please visit http://www.ecsiinternational.com.
ECSI INTERNATIONAL, INC. SAFE HARBOR STATEMENT: This press
release contains forward-looking statements that involve
substantial uncertainties and risks. These forward-looking
statements are based upon our current expectations, estimates and
projections about our business and our industry and reflect our
beliefs and assumptions based upon information available to us at
the date of this release. We caution readers that
forward-looking statements are predictions based on our current
expectations about future events. These forward-looking statements
are not guarantees of future performance and are subject to risks,
uncertainties and assumptions that are difficult to predict. Our
actual results, performance or achievements could differ materially
from those expressed or implied by the forward-looking statements
as a result of a number of factors, including but not limited to
changes in economic conditions generally and in our industry
specifically, changes in security technology, receipt and timing of
collections from purchase orders, legislative or regulatory changes
that affect us, the availability of working capital, changes in
costs and the availability of goods and services, the introduction
of competing products, changes in our operating strategy or
development plans, sufficiency of cash reserves and the risks and
uncertainties discussed under the heading "RISK FACTORS" in Item 1
of our Annual Report on Form 10-K for the fiscal year ended June
30, 2009 and in our other filings with the Securities and Exchange
Commission. We undertake no obligation to revise or update any
forward-looking statement for any reason.
FOR CONTACT: Daryl Holcomb (973) 574-8555
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