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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