BALTIMORE--(BUSINESS WIRE)--Feb. 17, 2006--Williams Scotsman International, Inc. (NASDAQ:WLSC), a leading provider of modular space solutions, announces a strategic relationship with DEWALT Industrial Tool Company to integrate the SITELOCK(TM) portable wireless alarm system into its mobile office fleet for use on construction jobsites.
With theft being the number one concern for contractors, Williams Scotsman's mobile offices for construction sites will come equipped with the SITELOCK(TM) Jobsite Security Portable Alarm System base unit and motion sensor(s). Customers agreeing to usage terms need only follow simple instructions to lease and activate the system. SITELOCK(TM) also offers others sensors and accessories designed to communicate wirelessly with the base unit and protect key assets on a jobsite up to 2000 feet away.
"Theft on a construction jobsite not only results in financial loss but stalls the timeline for building completion," said Gerry Holthaus, President and Chief Executive Officer of Williams Scotsman. "When looking for a solution to help our customers address their security problems, we chose DEWALT'S innovative SITELOCK(TM) technology, as it is the most comprehensive system designed specifically for the construction industry."
DEWALT, a leading manufacturer of power tools, has conducted research that identified jobsite theft as a major problem for the construction industry. Losses of more than $1 billion in the U.S. each year are due in part to a lack of effective security solutions for jobsite assets. The National Association of Home Builders recently reported that residential jobsite losses account for an annual one to two percent increase in the cost of building a new home. "As with all of our innovations at DEWALT, the SITELOCK(TM) technology addresses a very real and immediate need in the construction business," said Chris Allen, Vice President of the Security Business Group for DEWALT. "Our patented system and wireless technology offering enables Williams Scotsman's customers to simultaneously monitor multiple areas on the jobsite and ensure the highest level of security - allowing them to focus on the job and increase overall productivity."
A nationwide roll-out is scheduled this year, beginning with the following U.S. cities: Seattle, Cherry Hill, Dallas/Fort Worth, Boston, New York City, Sacramento, Cincinnati, Detroit, Baltimore, and Fort Lauderdale.
How it Works
SITELOCK(TM) is a user-friendly system that can be customized for different jobsite needs and requirements. Through the base unit, stationed in an indoor location (most often the jobsite trailer), the remote sensors such as a container vibration sensor, security cable lock, indoor motion sensor and door/window contact sensor can be programmed individually to monitor key assets and areas on the jobsite. If an intruder tries to enter a secured area, disturb a piece of protected equipment, or remove a sensor, the sensor sends a wireless message to the base unit the alarm activates and a signal is sent via wireless cellular technology to a monitoring service. Jobsite managers may opt to have notifications sent to DEWALT's 24/7 central monitoring customer service center, staffed with trained SITELOCK(TM) alarm system specialists. The monitoring center will call the customer and notify the police if requested (limited availability in certain jurisdictions) for approximately $40.00 per month or customers can choose to be notified directly via a cell phone text message or e-mail for approximately $30.00 per month.
Until the introduction of SITELOCK(TM), no other jobsite security system addressed the mobility and durability issues of the construction industry. SITELOCK(TM) is unique in the industry because it can be relocated with no roaming fees or location change costs as jobsite configurations evolve.
About DEWALT (www.dewalt.com)
DEWALT, the industrial power tool brand of The Black & Decker Corporation (NYSE:BDK), is a leading manufacturer of power tools with more than 300 power tool and equipment products as well as 800 power tool accessories, including corded and cordless drills, saws, hammers, grinders, routers, planers, plate joiners, sanders, lasers, generators, compressors and nailers, as well as saw blades, metal and masonry drill bits, abrasives, screw driving accessories and more. DEWALT tools can be found wherever tools are sold, nationally and internationally. With over 1,000 factory owned and authorized locations, DEWALT has one of the most extensive service and repair networks in North America.
About Williams Scotsman International, Inc. (www.willscot.com)
Williams Scotsman International, Inc., headquartered in Baltimore, Maryland, is a leading national provider of mobile and modular building solutions for the Construction, Education, Commercial, Healthcare and Government markets. The company serves over 25,000 customers, operating a fleet of over 98,000 mobile offices and storage units that are leased through a network of 86 locations throughout North America. Williams Scotsman provides delivery, installation, and other services, and sells new and used mobile office products. In addition to its core leasing business, Williams Scotsman manages and develops large modular building projects from concept to completion. Williams Scotsman International, Inc. is a publicly traded company (NASDAQ:WLSC) with operations in the United States, Canada, Mexico and Spain.
All statements other than statements of historical fact included in this press release are forward-looking statements and involve expectations, beliefs, plans, intentions or strategies regarding the future. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it assumes no responsibility for the accuracy and completeness of these forward-looking statements and gives no assurance that these expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under "Risk Factors" and elsewhere in the Company's 10-K, 10-Q and other SEC filings. The Company assumes no obligation to update any forward-looking statement.
