LAKE FOREST, Calif.–(BUSINESS WIRE–Fifth graph, first sentence should read: Kwikset was one of the first
lock manufacturers… (sted Kwikset was the first lock manufacturer… .
"Kwikset's SmartKey technology is recognized as one of the most
successful launches in company history"
The corrected release reads:
Kwikset announces today that the brand has successfully defended its
popular SmartKey™ re-key technology patents and that the Kwikset lawsuit
against Schlage for patent infringement and false advertising has been
amicably resolved. As a condition of settlement, Schlage has agreed to
cease making and selling all SecureKey products as of December 31, 2011.
Kwikset, a leading provider of door hardware and locksets, originally
filed the lawsuit in the United States District Court for the District
of Delaware against Schlage on March 2, 2010, for patent infringement of
Kwikset's re-key technology and for false advertising – Kwikset alleging
that Schlage's claim that SecureKey products are "10 Times More Secure"
than other lock products was false and misleading.
In fact, in an effort to demonstrate superior resistance to pick Kwikset SmartKey is a contest Kwikset lock-picking to professionals in Locksmiths Locksmiths Associates of America (ALOA Convention. Of the 56 Kwikset SmartKey locks locksmiths attempted to collect only block was successfully stopped at the same time of eight minutes and 16 seconds. Of the 56 locks locksmiths competitor who tried to collect, 44 were arrested successful one in just 7.16 seconds.
"Kwikset's SmartKey technology is recognized as one of the most
successful launches in company history," said Brent Flaharty, President
of Kwikset. "It has driven market share gains in all channels of
distribution."
Kwikset was one of the first lock manufacturers to introduce re-key
technology to the industry with its SmartKey products in 2007, providing
homeowners the flexibility to re-key their locks quickly and easily,
without removing the lock from the door. This feature empowers
homeowners to protect their homes and families in the face of lost,
stolen or unreturned keys. In addition, the patented BumpGuard side
locking bar technology replaces a traditional pin tumbler design to
protect against lock bumping. SmartKey deadbolt products are rated ANSI
Grade 1, the highest level of residential security. In January of 2010,
three years after Kwikset introduced SmartKey, Schlage introduced
SecureKey.
"Kwikset is proud of the technological advances we have made to the security industry and, therefore, we believe it is critical to defend and preserve our intellectual property includes patents re-enter," said Flaharty. "We continue to invest in research and development to provide innovative security technologies on the market. SmartKey technology re-introduce this innovation and represents our commitment to providing intelligent solutions to our customers reliable security. "
For more information on Kwikset SmartKey technology to re-enter and other intelligent security solutions, please visit www.kwiksetpresskit.com or www.kwikset.com .
SmartKey to reintroduce the technology has a patented side locking bar in the center to the capacity of the locks quickly and easily re-keyed. Stainless steel locking bar side also replaces the traditional pin and glass design that is particularly vulnerable to the increasingly popular lock bumping attacks. In addition, the cylinder uses two steel balls inserted in the front face of the cylinder to provide improved puncture resistance. The delivery of exceptional strength and protection, SmartKey locks have passed the most stringent level lock picking, UL 437, par. 11.6 and provide ANSI / BHMA Grade 1 certified security. The safety level 1 is the highest level of security to residential test available in the industry.
Based on the performance and features, SmartKey locks won the prestigious Best Buy rating from Consumers Digest magazine in the category of residential locking bolt in February 2010.
Stanley Black Decker, an SP 500 company, is a diversified global
provider of hand tools, power tools and related accessories, mechanical
access solutions and electronic security solutions, engineered fastening
systems, and more.
The Stanley Black Decker Hardware and Home Improvement Group (HHI is
part of the company's Mechanical Access Solutions division. HHI
develops, manufactures, markets and sells builders' hardware,
residential and commercial door hardware, kitchen and bath faucets,
shower systems and bath accessories under the Stanley®,
National Hardware®, Kwikset®, Weiser ®,
Baldwin®, and Pfister® brands. Headquartered in
Orange County, Calif., HHI has a global sales force and operates
manufacturing and distribution facilities in the U.S., Canada, Mexico
and Asia.
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