SOURCE: Electronic Control Security, Inc.
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.
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.