Steve Hall Joins Best Security Industries As Chief Executive Officer
Delray Beach, FL - (BUSINESS WIRE) - April 17, 2007 Best Security Industries, www.bestsecurityindustries.com
A global leader in the electronic article surveillance industry, Best Security Industries, is pleased to announce that Mr. Stephen Hall has joined the company as the Chief Executive Officer.
"Best Security Industries has experienced impressive growth in its two decade history and has been one
of the leading players in the EAS industry," comments Terry Shahrabani, Board Member of BSI. "The company's
success has resulted from its ability to provide significant value to its customers through the highest quality
products, excellent customer service, and leading product innovation. Mr. Hall's experience and expertise in
the EAS industry and as a highly successful senior executive will ensure that BSI's customers continue to enjoy
the finest quality levels in the industry and that BSI will remain an industry leader in new product introductions
and customer service."
"I have followed the performance of BSI and the loss prevention security industry for the last several years
and have been impressed with the progress the company has made over that time. I am excited to join the BSI team,
and I am looking forward to continuing our tradition of operational excellence," states Steve Hall, CEO of BSI.
Prior to joining BSI, Mr. Hall was the Senior Vice President of Global Sales at Xterprise, Incorporated, a global
leader in advanced RFID Solutions. Mr. Hall managed relationships with customers such as ExxonMobil, L'Oreal,
Sotheby's, Dial, PepsiCo, and over 40 other consumer product goods manufacturers. Prior to Xterprise, Mr. Hall
served as the Vice President, Sales and Marketing, for SAMSys Technologies, a designer of RFID products and
solutions, where he managed sales forces in the US, Europe, and Asia, and built strategic alliances with IBM,
Checkpoint, SATO and Accenture. Prior to SAMSys, Mr. Hall was the Vice President, Business Development
and Sales for PEAK Technologies, a leading systems integrator for the Automatic Identification and Data Collection
Industry, with US revenues of over $170 million. Earlier in his career, Mr. Hall spent 9 years as Vice President of
the Commercial/Industrial Division with Sensormatic Electronics Corporation, a worldwide leader in security solutions.
Ultimately, Mr. Hall was responsible for building the country's largest solutions team in electronic security of EAS,
CCTV and Access Control solutions. He also managed the company's dealer and distribution network for its product
sales through this indirect channel.
Mr. Hall received his MBA in Management and Finance from the Crummer School of Finance and Business
Administration, Rollins College, and his BA in Marketing and Management, from Rollins College in Winter Park, FL.
He serves as an Emeritus Director for the National Center for Missing and Exploited Children, based out of
Alexandria, Virginia. Additionally, Mr. Hall has been a featured speaker at the WERC National Conference,
the International Security Conference (ISC), the American Society for Industrial Security (ASIS) Conference,
and the International Association for Professional Security Consultants (IAPSC).
About Best Security Industries - Best Security Industries is a worldwide leader in the electronic article
surveillance industry. Customers look to BSI to provide them with high quality and superior value products.
BSI's largest market is North America where it sells primarily to retailers through wholesalers, dealers,
OEMs, and on a direct basis. BSI employs 30 associates at its 50,000 square foot state-of-the-art facility
in Delray Beach, Florida. BSI currently offers sales and leasing of over 200 different product lines. BSI is
a portfolio company of Blackford Capital and The 1818 SBIC Fund, L.P.
For more information on Best Security
Industries, please contact Steve Hall at (800) 939-4995 or visit
www.bestsecurityindustries.com
About Blackford Capital - Blackford Capital invests in middle-market manufacturing, distribution, and service
companies in both mature and growing industries. Blackford Capital invests in companies and management
teams with successful track records and focuses on transactions ranging in value from $20 million to $100 million.
For more information on Blackford Capital, please contact Martin Stein at (949) 334-0374 or visit
www.blackfordcapital.com
Brown Brothers Harriman & Co. - Brown Brothers Harriman was founded in 1818 and is the largest privately owned bank in the United States. The firm's diverse products and services include commercial banking, wealth management, corporate financial advisory, global custody, foreign exchange and private equity. Its investment in BSI was made through The 1818 SBIC Fund, L.P., a mezzanine oriented fund that provided customized financing solutions in a variety of transactions, including leveraged or management buyouts, expansions, recapitalizations and acquisitions.
For more information on BBH, contact Rick Ragoza at 212-493-7910 or visit www.bbh.com.
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