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  September 5, 2001
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Home > Company Index > Diversified Services > Security & Protection Products & Services > Universal Security Instruments, Inc.

Universal Security Instruments, Inc.
OTC: USEC
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 PROFILE
Even if you can't program your VCR, you may still have a shot at installing one of Universal Security Instruments' (USI) security products. Targeting the do-it-yourself market, the firm sells sensor-activated lighting systems and smoke and carbon monoxide detectors through retail stores, electrical distributors, and mail-order houses. USI also markets private-label products for the audio/video and telecommunications markets, but focuses primarily on security products such as intercom and surveillance systems. The company generates about 85% of its sales in the US, but it purchases about 80% of its products from a Hong Kong joint venture (in which USI has a 50% stake). Chairman Michael Kovens owns 34% of USI.

 COMPETITION
Chubb plc (CHB)
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 7.70
1-Yr. Sales Growth: (15.5)%
Employees: 16
Revenue per employee: $481,250.00

 KEY PEOPLE
• Harvey Grossblatt
    CEO
• Harvey Grossblatt
    CFO

 CONTACT INFO
7-A Gwynns Mill Court
Owings Mills, MD 21117
US
Phone: 410-363-3000
Fax: 410-363-2218
Online: Web Site

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