UBS Investment Bank advised Stanley and USBX Advisory Services advised ISR Solutions on this transaction. Together with the previously-announced proposed Security Group acquisition, this move accelerates Stanley Security Solutions towards its goal of building the first global network of total access and security solutions with a direct-to-end user delivery system.<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />

“Our direct business model creates a unique value proposition for our end-user customers, and that is what distinguishes us from the competition,” said Justin Boswell, President of Stanley Security Solutions.

“ISR brings a strong, experienced management team. It fits well with our strategy of expanding direct sales and service operations to more effectively serve our customers.

“This acquisition strengthens the presence we will gain with the proposed Security Group acquisition in a very important vertical market, the <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />U.S. federal government. The ISR transaction provides an important entry into the Homeland Security sector, which we will continue to focus upon and where we anticipate substantial future growth.”

“I am very excited about the opportunities that becoming part of Stanley Security Solutions will provide to our employees, customers, suppliers and teaming partners. The expanded footprint will give ISR a much stronger presence throughout the United States,” said Joseph Costa, President and Chief Executive Officer of ISR Solutions.

Mr. Costa will join the Stanley Security Solutions leadership team, focusing on the electronic security integration business.

Annualized 2004 ISR revenues of approximately $40 million represent about a 6% increase in Stanley Security Solutions’ total revenue base. The acquisition is expected to be nominally accretive to earnings in 2005.

Mr. Boswell continued, “We are raising the standard in this industry. We believe customers will reward those suppliers who combine customized solutions with consistent and coordinated service across their global enterprise. Stanley is committed to being that partner for our customers.”

John Lundgren, Chairman and Chief Executive Officer of The Stanley Works commented: “We recently announced the disposition of our less strategic consumer home decor business. The ISR Solutions acquisition, together with the previously-announced Security Group and Cal-Dor acquisitions, are expected to replace approximately two-thirds of the revenues and most and eventually all of the lost earnings from the home decor business sale. These moves continue the shift of our portfolio toward favored markets with higher inherent growth and profitability.”

“Upon successful completion of the Security Group acquisition, we would expect our Security Solutions growth platform to account for approximately 25% of the company’s revenues in 2005. And as we recently indicated, we expect our acquisition activity to continue in 2005.”

Kidde PLC, a British fire and safety equipment maker, said that United Technologies Corp. boosted its takeover offer for Kidde, which agreed to open its books to the <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />U.S. engineering giant.

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Kidde said that United Technologies, a diversified manufacturer based in Hartford, Conn., had made a revised offer of 165 pence ($3.19) per share.

In October, Kidde rejected a previous offer of 160 pence ($3.09) per share that valued the company at around 1.35 billion pounds ($2.6 billion). The revised bid is closer to the 1.56 billion pounds ($3.1 billion), that some analysts said would be needed to secure the company.

Kidde stressed that no price had been agreed between the two parties, and that it had still to recommend the offer.

“There can be no certainty that a transaction will result from these discussions,” the company’s board said in a statement.

United Technologies had previously threatened to approach Kidde’s shareholders directly to secure access to its books. United Technologies already owns about 22 million shares of Kidde, or 2.6 percent of the company’s stock.

Kidde provides fire and safety products, systems and services for industries that overlap with United Technologies’ aerospace, defense, industrial, commercial and consumer markets. The products include detection, protection, prevention and fire fighting.

Analysts had expected greater competition for Kidde, but JP Morgan analyst Tomas Melville said the revised bid was likely to see off other potential bidders.

“I don’t think it (Kidde) will attract a higher bid,” Melville said.

Shares in Kidde rose 4.5 percent to 161 pence ($3.11) on the London Stock Exchange.

IBS will be folded into Honeywell’s Automation and Control Solutions (ACS) division, which includes Honeywell Security. With 2003 revenues of $1.2 billion, IBS makes up the crux of Novar’s profits.

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IBS, one of the leading security product suppliers in Europe and parts of southern Asia, supplies electrical, electronic and control products including burglar and fire alarm systems.

“Honeywell has a long heritage in providing premier integrated security, fire and building controls products and services. We see great opportunities in this business, and the integration of Novar’s highly complementary products, services and expertise clearly enhance those prospects,” Honeywell Chairman and CEO David Cote said in a statement.

The IBS unit is the main thrust of the acquisition, as Honeywell says it plans to later divest Novar’s other business units: metal extrusion company Indalex Aluminum Solutions and contract and personal check printer Security Printing Services.

Wrapped in a compact 5-inch aluminum housing and high-impact polycarbonate dome, the new camera captures clear, detailed images under the toughest conditions and even with difficult lighting.

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The Xposure technology increases exposure in shadowed areas and decreases exposure in bright areas, delivering a light-corrected image that shows crucial details clearly. It even adjusts for different lighting conditions within the same image.

“Users are asking for more sophisticated camera technology with even greater picture quality and increased functionality,” said Darren Nicholson, Marketing Vice President in Security’s Commercial Solutions business.

“We have invested heavily in the camera market. For instance, this product combines the reliability of our UltraView wide dynamic range camera offering with the popular discreet and rugged dome housing.”

When installed in an office lobby, users can see clear images of people’s faces as they enter the building, even if the afternoon sun or bright reflections shine right into the camera.

In addition, users can additionally view the cars and objects in the parking lot beyond. This makes the UltraView wide dynamic range camera especially ideal for capturing facial features at outdoor ATMs.

“Sarnoff Corporation has an extraordinary legacy of research and innovation,” said Dr. Satyam Cherukuri, Sarnoff’s chief executive officer.

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“The sale of these technologies to L-3 Communications is consistent with our business strategy to develop and commercialize innovative products that are highly relevant to the global marketplace.

“We are pleased to be able to combine our technology development capabilities with L-3’s resources to provide a growing number of customers with best-in-class solutions.”

Pyramid Vision will continue to market and support its existing product lines for advanced video processing. They include Video Detective(TM), the law enforcement video analyst’s workstation, the Acadia(TM), the real-time video processing accelerator, and Jam(TM), the video analyst’s applications package.

These products are major components of solutions for the aerial reconnaissance, intelligence and law enforcement communities.

—  VisionAlert(TM): The video content analysis solution that

        offers “motion-on-motion” detection capabilities for both

        fixed and pan/tilt/zoom (PTZ) cameras. By electronically

        stabilizing video images and subtracting background motion,

        VisionAlert transforms video cameras into intelligent         security

        sensors that spot perimeter breaches and abandoned or

        loitering objects, and track moving targets – even in low

        light or bad weather conditions.

    —  Hawk(TM): An integrated, scaleable, rules-based security

        sensor management platform that creates a unified,

        multi-dimensional view of multiple alarm sensor types and

        video feeds. Hawk is optimized for medium-to-large-           scale wide area surveillance.

    —  Video Flashlight(TM): For video-intensive facilities, Video

        Flashlight has the ability to “warp and stitch” multiple,

        real-time video streams into a single, three-dimensional        view.

        The system allows security forces to  intuitively          grasp spatial relationships–the previously missing “context” that is critical to understanding the nature of the threat and

directing the response

Headquartered in <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services and is a merchant supplier of a broad array of high technology products.

Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors. L-3’s local office is in Melbourne.

Production takes place at Gateway’s plant in Motala, where some 30 people are employed, as well as on a contract basis at local manufacturers and in <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />Eastern Europe. Gateway also has subsidiaries in Portugal, the USA and Brazil.

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Gateway, which was founded in 1994 by Bengt Johansson and his family, develops, manufactures and markets all existing types of device for article surveillance. Towards the end of 2004 it also introduced a newly developed, shielded anti-shoplifting system based on a combination of radio waves and electromagnetic waves.

“The growing incidence of burglary and shoplifting in the retail sector is stimulating greater interest in installing integrated security solutions in stores. These systems must be capable of handling high merchandise flows with maximum security.

Gunnebo can now offer total security solutions in the form of anti-shoplifting equipment, the SafePay totally sealed, cash handling system, alarm installations, including CCTV surveillance, passage control systems, and entrance control systems.

Gunnebo also have a well devoloped network of subsidiaries and distributors that will enable it to deliver Gateway’s products to the market, mainly in Europe and Asia, both quickly and efficiently,” says Bjarne Holmqvist, Gunnebo’s President and CEO.

“We foresee security in various sectors of the retail trade coming to represent a market with growing potential for Gunnebo,” says Torbjorn Browall, President Gunnebo Physical Security and first Executive Vice President Gunnebo AB.

MESH RFID reader chains can connect directly in to Wi-Fi networks without any separate controllers. All door processing is done on a remote MESH server and programming is Web Based.

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MESH readers have built-in I/O for door strikes and exit devices and have Wi-Fi based addressable polling to detect reader, power and cable problems. It’s likely technology like this will one day proliferate in the electronics security <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />industry in the same way as RF dominates in the alarm industry.

Business Secure represents an innovation in security monitoring that the partners say delivers both physical and IT security for customers, greatly enhancing the visibility, control and interaction of site security.

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Using high-speed ADSL, Signature and Telstra say Business Secure offers the customer a cost effective, high grade security monitoring service with intruder verification capability over the internet using a web browser or GPRS enabled mobile phone.

Using high-speed ADSL, Business Secure provides connections for:

* Security and alarm monitoring.

* Remote video monitoring using standard security video cameras in the protected premises.

* Internet connection for a single computer or multiple computers on a network

* Additional connections for future applications, such as Fire Monitoring, EFTPOS and ATM

According to Telstra and Signature, Business Secure provides:

HIGH GRADE SECURITY monitoring solutions via a robust encrypted virtual private network. Communication redundancy is available via GPRS* (optional) or PSTN.

GREATER FLEXIBILITY via improved control of security services through remote monitoring and enhanced IT security capabilities.

VALUE ADDED SECURITY via the use of your PC web browser or GPRS enabled mobile phone to deliver remote video verification and secure access to alarm event history. Improved network speed and on board firewall can improve protection for all of your business applications.

LOWER COST OF OWNERSHIP via minimal event transmission and system polling costs. Possible insurance premium reductions.

Contact Signature on: 1300 655 944 for more information.

“There is a growing global demand to accelerate the development and deployment of high-performance security technology that helps protect critical infrastructure,” said Bill Woodburn, GE Infrastructure President & CEO.

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“Explosives detection is a sophisticated science, and this acquisition combines core competencies, advanced research capabilities and innovative approaches that will shape the future of the industry.”

“Integrating trace detection, computed tomography and X-ray diffraction technologies into a single, dynamic business offering will accelerate our ability to bring new products and systems to market that make security applications more accurate and productive,” said Ken Boyda, President & CEO of GE Infrastructure, Security.

“Combined with our broader security offerings, our homeland protection platform creates a comprehensive set of technologies that will make GE one of the world’s premier security businesses, serving customers in the commercial, industrial, residential, transportation and homeland protection markets around the world.”

The business will be led by Louis Parker, President & CEO, Homeland Protection, reporting to Boyda.

“Utilizing GE’s <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />GlobalResearchCenter and technology from GE Healthcare, we plan to further improve our technologies, and will be able to develop new products to address homeland protection needs around the world,” said Parker.

“Because InVision’s CT and x-ray technology is complementary to GE’s trace detection technology, customers will have screening systems that are easier to use and more effective than those available today. The acquisition also provides a large Services installed base expanding GE’s reach and Services growth potential.”

The purchase had been slated to go through earlier in the year but was delayed by internal issues at InVision.