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FOR IMMEDIATE RELEASE

Contact: Kwikset
media@bdhhi.com

KWIKSET® ANNOUNCES PARTNERSHIP WITH SEQUIAM CORPORATION TO PROVIDE CONSUMERS WITH BIOMETRIC SECURITY PRODUCTS

Companies Will Jointly Develop Biometric Applications for Residential Market

Lake Forest, CANovember 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.”

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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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