Press Release

InSync™ Lock Series Launched at NAA 2006

Denver, CO - Thursday, June 15, 2006 - SAFLOK® today unveiled its complete line of the InSync™ electronic lock series and its operating system.

InSync M-Class (mortise lock), L-Class (tubular latch lock), I-Class (interconnected lock), and C-Class (common area locks) were launched in an exclusive press conference held at the National Apartment Association (NAA) 2006 Education Conference & Exhibition.

This unveiling follows the InSync D-Class launch, which was held last June at NAA 2005. D-Class has since received overwhelming market response and is enjoying exceptional popularity as the preferred electronic lock option.

According to Dale Mathias, vice president of sales – multihousing, government & institutional, “Security is a high priority for residents who are in the market for an apartment home. Market research confirms that residents place great importance on security as a “must have” feature, perhaps even higher than they would a heated pool, a club house, or covered parking.”

“The InSync locks are essentially building blocks that can work together or independently for property managers to create that secure and safe environment that residents may call home,” comments SAFLOK director of marketing, Glenn Peacock.

The complete InSync set-up includes the SAM® (Security Access Manager) RF (radio frequency) proprietary operating system, the RFID (radio frequency identification) key, and the key encoder which is used to make the keys. Each key is programmed with a code that creates a unique credential, which in turn communicates with the lock “telling it” to allow or deny access. Communication between lock and key is transmitted via a radio frequency platform.

The locks on display have been designed to address each unique application within various multihousing building designs and are available in both suite and unit configurations.

While the locks function interchangeably, there are some building designs for which each is more suited. For example, the M-Class lock is ideal for use in unit doors while the L-Class is more suitable for multiple resident and employee only access areas. InSync I-Class, which provides a single motion egress convenience is suited for use in suite doors, addressing certain building code requirements. C-Class products include numerous common area locks that work in conjunction with operable sliding glass doors, garage doors, parking arms, and iron gates.

Headquartered in Troy, Michigan, SAFLOK is a division of Computerized Security Systems (CSS®). CSS has provided electronic locking solutions globally to the hospitality, multihousing, and commercial markets for more than 30 years.

About SAFLOK

SAFLOK is member of the Kaba Lodging Systems. As a market innovator it has nearly 30 years of experience designing, manufacturing, and distributing electronic locks. Its solutions are delivered globally to the hospitality, lodging, and commercial markets. SAFLOK is committed to delivering best-in-class locking solutions that help properties achieve improved operations and reduced costs.

About Kaba Lodging Systems

Kaba Lodging Systems (KLS) is a worldwide leader in electronic access control solutions for the lodging industry. KLS has a security system for virtually every access control application or security need. Its many successes derive from its mission to deliver customer satisfaction and its commitment to offering state-of-the-art electronic locks.

About Kaba Holding AG

Kaba is a globally active, publicly traded security corporation. With its “Total Access” strategy, the Kaba Group is specialized in integrated solutions for security, organization, and convenience at building and information access points. Kaba is also the world market’s number-one provider of key blanks, key-cutting and coding machines, transponder keys, and high-security locks. It is a leading provider of electronic access systems, locks, master key systems, hotel locking systems, security doors, and automatic doors.