Archived Company News
Rochester, NY, February 24, 2006 – IK Systems' Expansion Mirrored Industrywide
IK Systems Inc. doubled its revenues to $4 million last year as it experienced a market expansion being seen nationally by security systems integrators.
The revenue growth is the result of a greater proportion of large-scale customers at the 20-year-old firm Victor.
To read the entire article, please click here.
Melville, NY, October 12, 2005 – Verint and IK Systems Deliver Networked Video Solution to AirTrain JFK
The Verint Networked Video Solution will enable Port Authority police to enhance security of the rail system by centrally monitoring elevators, passenger platforms and certain parts of the track from a central operations center. The solution will be delivered in conjunction with Verint partner IK Systems, Inc. of Victor, NY.
To read the entire press release, please click here.
Victor, NY, November 17, 2004 – IK Systems Corporation, a leader in mission-critical security solutions, today announced that Andrew D. Chapman has been named President of the Company. Chapman will succeed Melkon Babigian, who has been president since 1986. Mr. Babigian will serve as CEO and Chairman of the Board. Chapman will also be a member of the IK Systems Board of Directors and serve on its Executive Committee.
"I am looking forward to the opportunity to lead IK Systems at this important time in its history," commented Chapman. "I believe IK Systems has developed a superior reputation that is ideally suited to meet the escalating challenges within security and homeland defense. Additionally, as a leading supplier of security solutions for numerous commercial security applications, the prospects for extending the Company's reach are compelling. I am excited about moving IK Systems forward to capitalize on the tremendous opportunities in the global marketplace."
Chapman has 27 years experience within three security industry disciplines: practitioner, integrator, and manufacturer. He most recently served as the President/CEO of oneID LLC where he led the company and received many awards, including "Best in Show" from the International Security Conference. Prior to oneID, he held the position of Director Business Development for Tyco / ADT where he created a successful business model for the business development department and determined the corporate strategic vertical marketing plan. Mr. Chapman has served as the Vice President and General Manager-Americas of Ultrak Corporation where he managed the western hemisphere sales organization including: dealer/distributor network, direct retail, audio, federal government, and all inside and outside sales professionals. Prior to Ultrak, Mr. Chapman was the Director of National Accounts for Pelco where he developed a unique national account strategy that delivered a 1000% increase over two years (1.6 million to 16.2 million).
Mr. Chapman is affiliated with numerous organizations, including the National Cargo Security Council, President’s Council on Competitiveness, Energy Security Council, America Society Industrial Security – Former Chapter Chairman- Founding Standing Committee Officer, National Association of Manufacturers – Homeland Security and Transportation Committees, and International Association for Counterterrorism and Security Professionals.
He has a Bachelor of Science Degree in Sociology / Criminal Justice from Dana College.
"I am pleased that IK Systems has attracted a security industry veteran with the experience of Andrew Chapman. I have every confidence that under his leadership the company will succeed in the security industry. I look forward to working with him during a transition period to ensure a seamless transfer of leadership," said Babigian.
IK Systems' own Melkon Babigian talks surveillance and security with CEM Magazine in "Management by Video" Read the article >