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NASPO Press Release: NASPO Announces the Security Certification of Washington, D.C., April 23, 2004 -- The North American Security Products Organization announced the certification of two major organizations at its Quarterly Board Meeting. Brady Brand Protection Solutions and Northstar are the first certified security product producers in North America recognized by NASPO. To meet the certification requirements both organizations were required to adhere to the consensus standards set forth by NASPO, and to undergo a security audit by independent auditors. Both organizations met or exceeded the requirements for their classification. Brady Corporation (NYSE: BRC) is an international manufacturer and marketer of complete identification solutions and specialty materials. The Brand Protection Solutions group provides a variety of custom-engineered materials to enable Brand Owners to protect and defend their profits and brand equity throughout the world. "The global losses associated with counterfeiting and theft of brand value are staggering," said Brady Americas Vice-President Matt Williamson. "We are proud to become one of the first companies in all of North America certified to the rigorous NASPO Security Risk Standards. In doing so, we hope to assure our customers that we have a secure environment that is worthy of their trust in this important business." Founded in 1914, Brady is headquartered in Milwaukee and employs more than 3,400 people in operations in the United States, Europe, Asia/Pacific, Latin America and Canada. Brady's fiscal 2003 sales were approximately $555 million. Northstar is a leading provider of negotiable and non-negotiable security document and secured fulfillment services. "We are very pleased with the recognition by NASPO of Northstar's leadership position in the secure documents industry. This certification acknowledges Northstar's commitment to our customers to provide vital security products in a controlled environment, and provide them a recognized level of security not typically found in the documents industry. With the level of document fraud in our country, our customers recognize the importance and value of having a supplier that is willing to invest in their security interest. This certification is a commitment to our customers, suppliers and our industry." Stated Michael Magill, Division President, Financial Solutions Group, Ennis Business Forms (NYSE:EBF). The North American Security Products Organization is a non-profit security standards and accreditation organization dedicated to bringing a recognized level of security and creditability to the North American security products industry. The current members represent the various the segments of the industry including currency, negotiable and non-negotiable secure documents, brand protection, identity documents, security software and packaging. Membership is open to organizations and individuals within the industry including brand owners, associations, suppliers, producers and security consultants. NASPO Press Contact: Michael O'Neil, Chairman, Tel: 763 531 7340 E-mail: mike.oneil@nscf.com |
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