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Press Release 2/25/2005

The Stanley Works Acquires Sargent & Greenleaf

 

The Stanley Works (NYSE: SWK) announced that it has completed the acquisition of Security Group, Inc.


Security Group is comprised of two primary operating companies: Sargent & Greenleaf, Inc., a leading manufacturer of medium and high security locks and locking systems for the financial, government and retail markets; and Safemasters, a North American access control provider offering a wide variety of physical security installation, maintenance and repair services, with emphasis on mechanical locking systems.


The Stanley Works, an S&P 500 company, is a worldwide supplier of consumer products, industrial tools and security solutions for professional, industrial and consumer use.
The Stanley Works corporate press releases are available under Financial News in the Investor Relations section of the company's corporate web site at http://www.stanleyworks.com.


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