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Safeguards Technology LLC
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Safeguards Technology LLC is pleased to announce an expansion of our products and services capability.
In 2005, Itochu (ITOCY) a global fortune 500 corporation made a minority investment in the Safeguards organization. This investment was made thru its wholly owned subsidiary Master Halco. Recently Itochu made an additional majority investment in the Safeguards organization furthering its growth strategy in the security segment. Along with this investment Itochu has transferred the resources of the Master Halco Security Solutions Group (SSG) into the Safeguards organization forming a “sister” company to Master Halco.
This “New” Safeguards Company is organized into two separate business units; The Products Group and the Services Group. The Products Group will focus on Marketing and Sales of security products thru specifications, direct and distribution sales. Master Halco will continue to be the national distributor of the SecureMaster™ products which are still available thru your local Master Halco branch. The Services Group will focus on turnkey solutions while servicing its existing customer base.
It is Safeguards’ confidence that this new organizational structure will remove any channel conflict while preserving the value that has been created within the security segment. The organizational structure will also ensure that the highest quality products are available to the market place at competitive prices. The Safeguards Product Group will continue to assist the Master Halco team in specifications, sales consultation and design activities however all organizations will operate independently in the marketplace.
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