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NAPCO Security Technologies' CEO Recognized as a Security Innovator

Richard Soloway, the CEO and founder of NAPCO Security Technologies, has recently been honored as a 2025 Security Innovator by Security Business magazine. This accolade celebrates his substantial impact on the security industry, particularly over his impressive five-decade-long career. The award is bestowed annually to individuals who have profoundly advanced the technology of security and improved safety measures within the sector.

A Legacy of Innovation

Since founding NAPCO Security Technologies in 1969, Soloway has consistently driven the company's success by focusing on engineering excellence, vertically-integrated manufacturing, and a commitment to developing products that address real-world security challenges. NAPCO is renowned for its array of high-tech electronic security devices, offering solutions in intrusion detection, fire alarm systems, access control, and locking technologies.

Under Soloway's leadership, NAPCO has pioneered various advancements that have transformed the landscape of electronic security. His career has been marked by a dedication to supporting security dealers through the implementation of a Recurring Monthly Revenue (RMR) model, which has empowered them to enhance life safety and build sustainable business models.

Soloway's innovative spirit is largely responsible for the considerable expansion of NAPCO's service offerings, which now encompass cloud-based solutions for the new generation of security professionals. The company's latest innovations include wirelessly networked security systems, reinforcing its position as a leader in the security industry.

A Personal Achievement

Reflecting on this prestigious recognition, Soloway expressed pride in receiving the award. "Creating NAPCO over the last 50 plus years has truly been a labor of love," he stated, noting his journey that began in a garage and evolved into a national leader in electronic security solutions. Soloway recognizes this award as a reflection of the contributions made by his entire team at NAPCO, emphasizing that the award represents collective efforts to enhance safety and security in various environments.

Ongoing Commitment to Excellence

Soloway remains an active force in guiding the company’s strategic direction. He collaborates closely with engineering, sales, and marketing teams to drive innovation in product development and operational strategies. His unwavering commitment to quality and safety is a keystone of NAPCO's continued growth and leadership across multiple security verticals.

NAPCO's well-respected brands, such as Alarm Lock, Marks USA, and StarLink Communications, serve a diverse array of markets, including commercial, industrial, institutional, and governmental sectors. This broad application of their products highlights the versatility and reliability of NAPCO's offerings, enhancing safety and security for countless clients.

Looking Ahead

The acknowledgment of Richard Soloway as a 2025 Security Innovator not only highlights his enduring influence on the industry but also reaffirms NAPCO's mission to provide advanced, dependable security solutions. The company aims to continue leading the market with innovative ideas and a steadfast dedication to ensuring the safety of people and property.

As NAPCO looks ahead, the vision of Richard Soloway will drive its future endeavors, fostering an environment where safety and innovation go hand in hand for a more secure world. For those interested in learning more about NAPCO Security Technologies, additional information can be found on their website at www.napcosecurity.com.