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Delray Beach, FL - (BUSINESS WIRE) – July 1, 2009 – Best Security Industries, a global leader in the electronic article surveillance and CCTV loss prevention products for the retail security industry, is pleased to announce the acquisition of Unisen assets from Telsec Corporation. Under the terms of the acquisition, Best Security Industries (BSI) will add customers, reseller relationships and EAS product sourcing to its current ongoing EAS operations.
Founded in 1994, Unisen is a leading manufacturer of Electronic Article Surveillance (EAS) solutions to help retailers reduce shoplifting in their stores. The company specializes in developing unique and cost-effective Acousto-Magnetic and Radio-Frequency hard tags and labels, as well as EAS accessories that are compatible with the EAS systems of companies such as Sensormatic and Checkpoint Systems. Unisen is headquartered in Boca Raton, Florida and will operate as a division of Best Security Industries. BSI is headquartered in Delray Beach, Florida and is also a manufacturer and distributor of security loss prevention products for retailers throughout the Americas.
“The addition of Unisen to the BSI core business is a terrific win for both companies and their customers” stated Steve Hall, president and CEO. “Both companies come from the same background and business model, and the international customers of Unisen complement the focus of the Americas from BSI’s perspective. Now as the third largest EAS provider, we can better leverage our manufacturing and buying power to lower costs and increase availability for all of our customers and distributors worldwide.”
“BSI and Unisen have worked together to help each other for a long time” stated Stuart Seidel, President of Telsec and Unisen. “It makes sense in today’s economy to continue to drive cost out of these important loss prevention products for retailers around the world. Retail theft is at an all time high, and this positions us to help our customers and to continue our mutual growth goals.”
Under terms of this acquisition, Telsec will continue to work on its core business of new product development, logistical leadership for All Tag RF labels for the Americas and its eTag recirculation business under Seidel. In addition, Seidel and Andrew Gilbert, vice president of sales for Telsec will also work with BSI to continue the customer relationship and revenue generation for the newly formed division of BSI. “Our customers won’t notice a difference” commented Gilbert. “Internally, we will be able to keep more stock and ship even faster to ensure availability of these products.”
For more information, please contact Steve Hall, president and CEO of Best Security Industries at (561) 900-2744. You can visit and review both companies’ products at either www.bestsecurityindustries.com or www.unisen.com and request more information directly from either site.
About Best Security Industries - Best Security Industries is privately held and a worldwide leader in the electronic article surveillance (EAS) and CCTV industry specializing in loss prevention security. Customers look to BSI to provide them with high quality and superior value products, BSI’s largest market is North America where it sells primarily to retailers through wholesalers, dealers, OEMs, and on a direct basis. It provides both new and previously owned EAS tags and systems in both Acusto Magnetic (AM) and Radio Frequency (RF) security tags and labels. Providing loss prevention to large national retailers right down to individual store owners, BSI is the affordable source for Loss Prevention products. BSI employs more than 30 associates at its 19,000 square foot state-of-the-art facility in Delray Beach, Florida. BSI currently offers sales and leasing of over 400 different product lines. For more information on Best Security Industries, please contact Eric Brotherhood at (800) 939-4995 or visit www.bestsecurityindustries.com.
About Unisen – Unisen is an operating division of Telsec Corporation, a Florida based company in retail loss prevention. Formed in 1994 by Stuart Seidel, it manufactures and sells at the wholesale and end user level its EAS loss prevention tags, labels and systems for retailers around the world. Based in Boca Raton, FL and with offices in Antwerp, Belgium, it has a global customer base of retailers and security distributors around the world. In addition to the Unisen division, it also serves as logistical sales and support for All Tag of the Americas, an RF label manufacturer from Belgium, as well as its focus on eTag™. eTag is a tag recirculation business for retailers who want to lease and reuse EAS hard tags while working with their product producers who will add these tags as products are produced and shipped to stores. For more information about Unisen or Telsec, please contact Stuart Seidel at (561) 998-9983 x13 or at telsec@unisen.com.
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