SOURCE: Electronic Control Security, Inc.

Electronic Control Security, Inc.

October 21, 2010 14:00 ET

Electronic Control Security, Inc. Announces $650,000 in New Orders

CLIFTON, NJ--(Marketwire - October 21, 2010) -  Electronic Control Security, Inc. (OTCBB: EKCS) (ECSI), a leading provider of a broad line of electronic security system technologies to the government and private sectors, announced it has received $650,000 in additional orders on projects for the Department of Defense and nuclear power stations in the U.S. and southeast Asia. Based on the Company's recent performance and projections, the Company has hired additional personnel to maintain and maximize its efforts during this time.

Arthur Barchenko, President & CEO, is proud to announce that, "We achieved our objective during fiscal 2010 in changing the direction of the Company's marketing and sales effort from that of a prime contractor for the Department of Defense to that of a technology manufacturing resource and support service provider to the large system integrators, dealers/installers and, in certain cases, the end user, i.e. nuclear power stations." Net revenues for fiscal 2010 increased by approximately 30% compared to 2009, and we expect this pattern to continue. To that end, the following key personnel were hired to support the Company's objectives:

Robert Oliver is Vice President, Operations, responsible for product design and engineering, R&D, production scheduling, purchasing and inventory control in accordance with ISO 9001:2008 standards. Mr. Oliver brings decades of experience and innovation in engineering design and management to this position. He has successfully performed and managed the design, test, manufacturing, installation, and maintenance of products and systems in avionics, nuclear power plants, power instruments, medical devices and instruments, research instruments, surveillance and life safety for military, law enforcement, hospital, surgical, industrial, commercial, and consumer markets domestically and internationally. He holds multiple patents in the U.S. and elsewhere for industrial and security products and systems.

Dana J. Palm is Director of Business Development. Mr. Palm is also responsible for developing new business in both the government and private sectors in the eastern U.S. coastal states from Washington, DC to Florida. As Senior National Account Manager for Stanley Convergent Security Solutions, Mr. Palm's responsibilities included the maintenance of existing customer relationships as well as the establishment and maintenance of new accounts. Additional responsibilities included systems design and engineering, proposal development and sales negotiations. He developed a sole source relationship with a security consultant for systems design and sales of 70 secure room projects for a government agency as well as securing a position as one of eight contractors invited to big on the U.S. Mint's systems upgrade program. Previously, Mr. Palm was Director, Business Development, at SIGCOM, Inc. He established national accounts, provided recommendations to customers for system design and pricing structure, assisted in the development of corporate responses to government proposal requests (RFPs) and establishing GSA Federal Supply Schedule contracts. During his career, Mr. Palm has developed accounts with the Bureau of Prisons, Bureau of Reclamation, Federal Law Enforcement Training Center, Bureau of Immigration and Customs Enforcement, Defense Intelligence Agency, U.S. Mint, Bureau of Engraving and Printing, DoD Corrections and Immigration, Department of the Treasury, and Tennessee Valley Authority. 

Jody Laufer is Purchasing, QC & Inventory Control Administrator. Mr. Laufer is responsible for the implementation, monitoring and control of the Company's processes and procedures per ISO 9001:2008 standards. He coordinates with Sales in scheduling and manufacturing-related activities in order to support customer requirements. He will also oversee the maintenance and accuracy of the Company's inventory control system.

About ECSI
ECSI is a global leader in 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, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please visit

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, legislative or regulatory changes that affect us, the availability of working capital, timing of purchase orders, acceptance of company proposals, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, changes in our acquisition and capital expenditure 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, 2010 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.

Contact Information

  • For contact:
    Natalie Schneider