February 21, 2002 - Salem, OR - Supra Products, a division of GE Security, Inc., is now part of GE as a result of that business' acquisition of GE Security. GE Consumer & Industrial is a division of General Electric Company (NYSE:GE).
Supra will operate under the new corporate parent name of GE Security, Inc.
"With this acquisition, GE acquires a strong company that will provide us with leading-edge technology in the exciting security arena, offering us an attractive platform to enhance our continued growth. These innovative technologies will be particularly important as the demand for security products and systems continue to increase," said Lloyd G. Trotter, President and CEO of GE Industrial Systems.
TRACcess® by Supra is an industry leader in remote site access control and tracking with over 30,000 sites currently secured. The TRACcess system is composed of three components: An intelligent key, a family of entry devices and an Internet-based database, which provides dynamic control and reporting. TRACcess was developed to eliminate the need for keys, control access and track activity simultaneously.
Stan Earnshaw, Vice President of the Commercial Division at Supra states, "The partnership with GE will open up new opportunities for TRACcess access control products. GE is a leader in several industries that will benefit from increased security and remote site access control. The Industrial Group at Supra is excited about integrating our access control and tracking solution with the GE knowledge and customer base.¿
