TAG COMPANY INTERNATIONAL NAMED SECURITY TAGGING PROVIDER TO SILVERSCREEN
Growing Retail Security Company Chosen to Provide EAS Solutions to Innovative UK Retailer
July 14, 2004– Harmondsworth, UK – TAG Company International (TAG) announced that it is providing an array of retail security solutions to Silverscreen Ltd., Europe’s first and only specialist DVD retailer.
As it executes its rapid roll out of new stores, Silverscreen has chosen TAG to install and service Electronic Article Surveillance (EAS) systems, the Self Seal Tag system for DVD’s. In addition, TAG Company will also soon install Red Tag™ DVD Security System throughout the Silverscreen stores.
“The addition of Silverscreen to our growing roster of retail clients underscores TAG’s mission to be a full service provider of security solutions to the retail community. From hardware to tags, from service to consultation, TAG is delivering the highest quality products and services to Silverscreen.” stated Mark Krom , TAG Company President. “Innovative retailers, such as Silverscreen, are choosing TAG Company for its high quality products and outstanding customer service. We’re proud to have Silverscreen as a partner.”
Richard Beddoes, Head of Risk Management at Silverscreen, added, “We appreciate the approach TAG Company has taken to our business. Their effort in identifying and meeting our security and operations needs demonstrates TAG’s commitment to Silverscreen. We value their industry expertise and their ability to tailor a solution based on our specific requirements; we anticipate TAG Company International being an integral component of our aggressive growth strategy.”
TAG Company has installed tagging systems into 10 Silverscreen stores throughout the UK and will continue to install systems, deactivators, tags, and labels as Silverscreen introduces new stores. Financial terms were not disclosed. As reported, Silverscreen is planning to open more than 100 outlets across the UK over the next two years.
About TAG Company International:
TAG Company International is a full-service provider of advanced security technologies for the retail marketplace. TAG’s patented Self Seal Tag™ is the leading disposable tagging product for entertainment retailers in the UK and Australia . TAG features state-of-the-art 58 kHz systems and tags from WG Security Products and advanced 8.2 MHz Swept Radio Frequency EAS systems and tags, including Internet-based EAS for remote service and data mining, from Nedap. The company also provides Advanced/Smart Tagging solutions, including DVD and Video Game security. With office s throughout the UK , North America , and Singapore , TAG delivers solutions to leading retailers in over 25 countries.
TAG Company International is the trading name for TCI Ltd. and its subsidiaries TAG Company UK Limited and TAG Company US LLC. An investment consortium consisting of its management team and Entertainment UK Ltd., a subsidiary of the Woolworths Group PLC, owns TAG Company International.
About Silverscreen Holdings UK :
Silverscreen is uniquely positioned to serve the 55% of UK households who own a DVD player. The country’s £2bn thirst for DVD titles is outstripping growth in games, books and CDs, with this upward trend expected to double within the next four years. Recognizing a lack of specialist retailers committed to serving this explosive growth, Silverscreen’s dedicated stores have each been crafted to provide unrivalled range, expert customer service and an exceptional shopping environment, offering more discounted DVD titles than any other retailer.
Silverscreen was founded in May of last year by Gavin Aldred, former co-CEO of New Look, Ernesto Schmitt , former Strategy Director of EMI Group, Sebastian James, Former CEO of investment group Longwall Holdings and Trevor Johnson, Former Head of Operations at HMV. It is backed by APAX Partners, One of Europe’s largest Private Equity houses.
Contact Information:
Website: www.tagcompany.com
E-Mail: info@tagcompany.com
UK/Europe: +44 (0)800 781 3598
US: +1 877 TAG 7220
Asia/Pacific: +65 9757 0223
Media Contact:
Andrea Combe , TAG Company International
andrea.combe@tagcompany.com |
