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Re: Axel post# 176

Monday, 01/25/2016 8:42:09 PM

Monday, January 25, 2016 8:42:09 PM

Post# of 191
Argyle Security and SteelCell Announce Strategic Relationship
(01/18/2016)

Argyle Security and SteelCell entered into a strategic manufacturing and sales relationship, extending SteelCell’s product offerings to the western U.S.
SAN ANTONIO, Texas — Argyle Security Group (“Argyle”), a service and solutions provider of detention and security electronics, hardware, materials, furnishings and products, and SteelCell of North America Inc. (“SteelCell”), a manufacturer of prefabricated modular, steel units for use in the detention facilities and other security-inclined commercial construction, have entered into a strategic manufacturing and sales relationship extending SteelCell’s product offerings to the western United States.

Argyle, based in San Antonio, will have an exclusive license to manufacture and sell SteelCell products in California, Hawaii, Oregon, Washington, Utah, Nevada, Arizona, New Mexico, Wyoming, Colorado and Montana. Argyle will manufacture the SteelCell product at its Argyle Precision fabrication location in California. SteelCell will work closely with Argyle and support the sale, engineering and manufacturing of the products to enable the high quality SteelCell products to be sold for installation across the western United States.

Buddy Johns, president and CEO of Argyle said, “This opportunity to provide SteelCell’s prefabricated product solutions to the western market is exciting. Argyle’s ability to offer SteelCell solutions to our customers will provide a significant added value by reducing construction schedule and costs while also providing a more durable and maintenance-free facility design.”

Mike Smith, president of Baldwin, Ga.-based SteelCell added, “SteelCell is very happy to have this opportunity to work with Argyle and take advantage of its unique manufacturing footprint in the western portion of the United States. We have always wanted to serve a larger market and expand the geographic reach of our products and this strategic licensing arrangement will enable us to do so.