FOR IMMEDIATE RELEASE
KWIKSET® ANNOUNCES PARTNERSHIP WITH SEQUIAM CORPORATION TO PROVIDE CONSUMERS WITH
BIOMETRIC SECURITY PRODUCTS
Companies Will Jointly Develop Biometric Applications for Residential Market
Lake Forest,
CA –
November 2006
– the market leader in residential door hardware, today announces a partnership
with Sequiam Corporation of Orlando, Florida, a leading biometrics technology company,
to develop residential security products with biometric features.
Ten years after the company’s inception, Kwikset became the number one manufacturer
of residential locksets – a designation it has never relinquished. In 1958, Kwikset
introduced its now legendary “K” key design, and its innovative plastic coatings
for brass- and bronze-finished locksets. Kwikset then developed and released Kwik-Install®
in 2002, which made installation easy and virtually flawless with pre-installed
screws. That same year, Kwikset reorganized its product offering into three new
brands: Kwikset Security®, Kwikset Maximum Security® and Kwikset UltraMax® Signatures.
Continuing to provide quality door hardware for consumers and home builders, Kwikset
introduced the electronic touchpad deadbolt, the Powerbolt® 1000, in 2004.
“The selection of Sequiam Corporation as Kwikset’s biometric partner will allow
us to develop an expanding range of products that bring the security and convenience
features of biometric technology to homeowners,” says Dave Albert, vice president
of brand marketing and business development for Kwikset. “Developing and refining
this technology for residential use combines the sophisticated engineering expertise
of the Sequiam and Kwikset teams. This strategic alliance will enable Kwikset to
deliver cost-effective products for consumer applications based on technologies
initially developed for government, law enforcement, national security and space
exploration.”
-more-
Founded in 1999 by Nick VandenBrekel, Sequiam Corporation (OTCBB: SQUM), develops,
markets, and supports a proprietary portfolio of highly robust, biometrically-enabled
products and services for OEM, consumer lifestyle and commercial markets that will
conveniently alter the lives of consumers. With offices in the U.S., China and Taiwan,
it is becoming the world’s leader in consumer-specific biometric solutions. For
more information, please visit www.sequiam.com.
Since 1946, Kwikset has led the way in residential door hardware by combining the
best in style, security and innovation. People turn to Kwikset, America’s #1 selling
lockset brand, to make their homes more stylish and secure. For additional information
on Kwikset products, visit www.kwikset.com,
or call 1-800-327-LOCK.
Kwikset is a company within the Hardware and Home Improvement Group, a division
of Black & Decker (NYSE: BDK), a leading global manufacturer and marketer of power
tools and accessories, hardware and home improvement products, and technology-based
fastening systems. The Black & Decker Hardware and Home Improvement Group includes
some of the most recognizable hardware and home improvement brands including Kwikset®,
Weiser Lock®, Baldwin®, Price Pfister and Bach®.
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