The Sports Authority (NYSE:TSA) and Universal Surveillance Systems (USS) Seal a Partnership With a Three (3) Year Exclusive EAS Tag Contract

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Universal Surveillance Systems Corporation (USS) announced the agreement with TSA to be the sole supplier of EAS hard tags for the next three years under an exclusive contract.

Universal Surveillance Systems Corporation (USS) announced the agreement with TSA to be the sole supplier of EAS hard tags for the next three years under an exclusive contract.

“TSA chose USS over other competing vendors due to their innovative products and quick response time”, said Mr. Steve McClain, S V.P. Asset Protection.

Mr. McClain continued, “USS offers price competitiveness and most of all, “thinking outside of the box” to develop specialty products that meet our specific needs. Additionally, USS has been able to demonstrate how the use of the Milli-Lanyard enabled TSA to save on shrinkage and labor in excess of one million dollars a year.”

“Listening to the needs of their customers, USS recognized that the sporting goods industry in general used a three-piece tagging solution, i.e. tag, pin and lanyard. By developing a one-piece tag, USS was able to eliminate the need for multi-inventory EAS supplies in multi-bins, eliminating tag sorting costs and reducing work-place injuries”, said Mr. Adel Sayegh, President/CEO of USS.

Mr. Sayegh further stated, “Our mission today and in the future is to continue to be the world’s leading innovator and provider of high integrity EAS and benefit denial tagging solutions to the retail industry”.

The Sports Authority is the largest sporting goods retailer in the U.S. with 385 stores in 45 States. Headquartered in Englewood, Colorado, TSA operates under four names, Sports Authority, Gart Sports, Oshman’s and Sportsmart. They offer over 125,000 high quality products, ranging from sportswear to sporting equipment.

Universal Surveillance Systems (USS) is a world leader in design and development of state of the art Electronic Article Surveillance tagging solutions. In 2003 USS introduced 14 new tagging solutions with an additional 6 expected by the end of 2004.

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Denise Canfield
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