SKIDATA, Inc. announces the acquisition of Protection Technologies, Inc. (PTI)

SKIDATA, Inc., a wholly owned subsidiary of SKIDATA AG is pleased to announce the acquisition of its distributor, Protection Technologies, Inc. based in Bellevue, WA.

Founded in 1980, Protection Technologies, Inc. is a Northwest-based access control, closed circuit television, electrical vehicle charging and parking revenue control firm headquartered in Bellevue, Washington, providing service in Alaska, Colorado, Idaho, Montana, Oregon, Utah, Washington and Wyoming. ProtectionTech is a distributor of the world's leading parking access and revenue control (PARCS) equipment. ProtectionTech has earned a solid reputation for its work in designing access control, security systems and CCTV systems for major commercial development projects. The company is best known for its innovative systems approach to problem solving. Ownership and the management team combine to provide over 200 years of expertise in the industries they serve.

SKIDATA Inc. will honor current customer sales and service agreements held by ProtectionTech. The leadership team of ProtectionTech will remain intact after the acquisition and SKIDATA, Inc. looks forward to welcoming ProtectionTech employees to the SKIDATA team, and to continue to provide dedicated concept-to-support solutions to optimize revenue for their customers.

Alexander Christl, President and CEO of SKIDATA, Inc. states: “PTI has been successfully distributing our products in multiple states for many years and we are glad that we could come to an agreement with the owners Wade Brossow and Steve Puckett to have their team integrated into our organization. This is a great addition that will enable us to serve even more customers directly and increase our footprint in the US market.”

“We could not be more excited to partner with and further impact the success of SKIDATA” says Wade Brossow, Principal of Protection Technologies Inc. “Our accomplishments have been largely attributed to the exceptional products and services that SKIDATA provides and we are very much looking forward to being part of this innovative and industry leading team. The additional opportunities afforded to our employees and clients through a direct relationship with SKIDATA will allow us all to thrive.”

SKIDATA is passionate about its commitment to deliver superior, reliable, and trend setting solutions. We are ready to help our customers to unlock the power of SKIDATA.

About SKIDATA

SKIDATA is an international leader in the field of access solutions and their management. Almost 10,000 SKIDATA installations worldwide in ski resorts, shopping centers, major airports, municipalities, sports stadiums, trade shows, and amusement parks provide secure and reliable access and entry control for people and vehicles. SKIDATA places great value in providing solutions that are intuitive, easy to use, and secure. The integrated concepts of SKIDATA solutions help clients optimize performance and maximize profits. SKIDATA Group (www.SKIDATA.com) belongs to the publicly traded Swiss Kudelski Group (www.nagra.com), a leading provider of digital security solutions.