Zicom - Goes To Hong Kong

With reference to the earlier announcement dated March 12, 2007 regarding Outcome of Board Meeting, wherein the Company had informed about the approval granted by the Board of Directors at its meeting held on March 09, 2007 for investment in overseas ventures, Zicom Electronic Security Systems Ltd has now informed BSE that in accordance with the said approval, the Company has set up a subsidiary in Honkong in the name of Zicom Manufacturing Co. (HK) Ltd with 76% shareholding.

Zicom Manufacturing Co. (HK) Ltd will promote international marketing and sale of Zicom branded products. This Company will also help Zicom, India to source equipments at the competitive price. In future, Zicom Manufacturing Co. (HK) Ltd will also engage in setting up of manufacturing facilities for Zicom's in-house developed products in China and other neighboring countries.

Source : Bombay Stock Exchange

Zicom Electronic - Q3 Net Up 33%

Zicom - Security Comes First

Electronic security solutions provider 'Zicom Electronic Security Systems' on Saturday reported a 33 per cent rise in net profit at Rs 2.24 crore for the quarter ended December 31 as compared to Rs 1.68 crore in the corresponding period the previuos year.

Net sales rose to Rs 40.64 crore for during the preiod under review, up 91 per cent from Rs 21.28 crore in the year ago period, Zicom said in a release here.

For the nine months period ended December 31, net sales of the company almost doubled to Rs 109.58 crores from Rs 54.83 crores in the same period last year, it said.

Zicom - Reaching To Retail Consumers

Zicom Plans 25 Retail Outlets By December

Zicom Consumer Service Group (ZCSG), the latest venture from Zicom Electronic Security Systems Ltd, is planning to open 25 new retail outlets across Maharashtra by the end of 2007. The company is also planning to launch CNG leakage alarm system for vehicles, soon. Meanwhile, ZCSG on Tuesday opened its first retail outlet in Nashik. The outlet, located on Sharanpur Road here, displays the complete range of products from the Consumer Service Group. The store showcases the latest products and technologies from Zicom along with a host of complementary products and peripherals. It has been designed in an open display format to give customers a new hands-on shopping experience. Zicom has eight retail outlets in major cities across the country, including Mumbai, Ahmedabad, Rajkot, Surat, Chennai and Kolkata.

Speaking after the launch of the company’s first retail outlet at Nashik, Santonu Choudhury, CEO, Zicom Consumer Service Group, said, “We are planning to launch CNG leakage alarm system for vehicles within the next three months. We are also holding talks with the authorities concerned to install the security system at three major temples at Shirdi, Pandharpur and Banaras. As part of expansion, the company is planning to open 25 new retail stores across Maharashtra by December 2007.” “We see potential for our products and services in the market in Nashik, which is emerging as the next destination for electric, automobile and IT industries. Our priority is to reach the end consumer and mitigate the fear of insecurity from their minds by providing them with peace of mind,” said Choudhury.

The Consumer Service Group has been launched to fulfil the retail needs of the consumers. This division offers complete and packaged security solutions for individual, residential complexes, small and medium establishments, etc. It offers an extensive array of Intrusion Detection and CCTV Systems. To meet the various security and monetary needs of the customers, packages are especially designed and available at leading retail and consumer durables outlets across the country.

Zicom - Excellent Results

Zicom Q2 Net Doubles To Rs 2.71 Cr

Electronic security solution provider Zicom Electronic Security Systems posted an increase of over two fold in net profit at Rs 2.71 crore for the quarter ended September 30, as compared to Rs 1.32 crore in the corresponding quarter last year. The gross sales of the company increased by 88.74 per cent at Rs 37.39 crore for the second quarter ended September 30, as against Rs 19.81 crore a year ago, the company informed the National Stock Exchange.

"We are looking forward to a successful year ahead, with a foray in retail segment and with growing retail market our top and bottom lines are expected to increase. With booming infrastructure sector and increasing awareness of security, we expect our sales to grow in both retail and integrated security solutions business," Zicom Electronic Security Systems Chairman Manohar Bidaye said.