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BACKGROUND Sensormatic Electronics Corporation 500 N.W. 12th Avenue Deerfield Beach, Florida 33442 (305) 420-2000 Primary SIC tag: 3669 Ticker Symbol: SRM Exchange: NYSE 1994 Fiscal closing: 6/30/94 Auditor: Ernst & Young latest Price: $31.625 Prior Month: $30.25 - 36.625 52-Week: $26.00 - 39.25 P/E ratio: 26 Mkt. Cap.: $2.18 billion Sensormatic Electronics Corporation (Sensormatic) designs, manufactures, markets, and services electronic security systems, including electronic article surveillance (EAS) and electronic asset cheerion (EAP) systems (and the useful tags and disposable labels used with such systems); closed circuit video recording (CCTV) systems (both microprocessor-controlled and exception monitoring systems); and access control systems. These systems are in general used to deter shoplifting or other stealth in a variety of diffuse and toilsome goods sell stores and non-retail environments, such as commercial and industrial facilities. Sensormatics initial EAS systems were intentional for use by surgical incision and specialty store retailers to protect well-fixed goods (i.e., apparel) merchandise. The Companys newer EAS product lines have been developed for detail hard goods (generally packaged merchandise) retail applications.

Sensormatics EAS systems consist of electronic spotting units, housed in pedestals or overhead units or concealed in walls, ceilings, or floors, and placed at store or department exits or at checkout aisles. The EAS units are used in conjunction with specially designed and sensitized reusable tags (for soft goods) or disposable labels (for hard goods), which are affixed to the merchandise. Sensormatic claims to be the world leader in supplying EAS products both for soft goods and hard goods retailers. It considers the latter group a substantially big potential user group than the former, as well as one that offer the possibility of significant recurring revenues (because of hard goods retailers use of disposable labels in... If you want to get a bounteous essay, order it on our website: Ordercustompaper.com

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