Smith & Wesson Holding Corp., a global business of safety, security, protection and sport, has entered into an exclusive licensing agreement with NationWide Digital Monitoring Co. Inc., a provider of security system products and services.
Under the agreement, NationWide Digital Monitoring, the wholesale monitoring division of New York Merchants Protective Co. Inc., will develop an authorized Smith & Wesson Security Services program. The program will be marketed to select security dealers in North America beginning in 2009. It will provide security dealers access to both wireless and hardwired electronic security products branded with the Smith & Wesson name and logo, along with dedicated monitoring services.
“We’re excited to partner with Smith & Wesson, a historic company and an iconic brand name, to offer a truly unique product assortment to security dealers nationwide,” says Wayne Wahrsager, president of NationWide Digital Monitoring. “Our initiative combines two nationally recognized names in the business of security. By teaming up under this licensing agreement, we provide dealers the opportunity to deliver products and services distinguished by trusted brand names that stand for first-rate quality, reliability and safety.”
NationWide will receive exclusive rights to use the Smith & Wesson name and logo to market its alarm dealer program in the United States, Canada and Mexico.
