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ASSA ABLOY Hospitality Inc. Expands and Relocates North American Headquarters
8 February 2004

RICHARDSON, TX - ASSA ABLOY Hospitality Inc., the world's leading supplier of locking and security solutions to the hotel industry, has relocated their North American corporate headquarters from Dallas to a spacious new facility in nearby Richardson, Texas. The move was necessitated by the increased combined needs of the company's four security brands, which include Elsafe, TimeLox, VingCard and INHOVA.

Located in the International Business Center, a well-known high-tech corridor just outside of Dallas, ASSA ABLOY Hospitality's new headquarters consist of over 23,000 sq. ft. of office space in addition to a 21,000 sq. ft. warehouse. The office features a fresh, contemporary décor that reflects the sleek, high-tech profile of the company's products. Designed for maximum efficiency, the open floorplan facilitates communication by allowing for the easy flow of information between departments. At its heart is the extensive customer service department, as well as a permanent Expo Center, which showcases the primary product lines from all four ASSA ABLOY Hospitality brands.

Expansive training facilities and conference rooms are equipped with high-speed data connections and are being made available to ASSA ABLOY Hospitality clients for training on the company's products and systems. For more information on ASSA ABLOY Hospitality, Elsafe, TimeLox, VingCard or INHOVA please contact Matthew Mrowczynski at (972) 692-3110.

Further information can be obtained from:
Matthew Mrowczynski
Vice President of Marketing and Branding
ASSA ABLOY Hospitality Inc.
631 International Pkwy., Ste. 100
Richardson, TX 75081
Tel: (972) 907-2273
Fax: (972) 907-2771
E-mail: mm@assaabloyhospitality.com

ASSA ABLOY Hospitality Inc. sells and services a host of ASSA ABLOY products, including locks, in-room safes and modern systems for security and safety in the hotel industry. The offering includes Elsafe, VingCard and TimeLox.

The ASSA ABLOY Group is the world's leading manufacturer and supplier of locking solutions, dedicated to satisfying end-user needs for security, safety and convenience. The Group has about 30,000 employees and annual sales of about EUR3 billion

Contact
Andrea Roland
Plan A PR and Marketing, Inc.
Phone: 407-905-0608
Email: andrea@planApr.com

Organization
Vingcard, an ASSA ABLOY brand
www.vingcard.com/
631 International Parkway, Suite 100
USA - Richardson, TX 75081
Tollfree: +1 800 225 8464
Phone: 1 972 907 2273

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