CARMEL, IND. – Ingersoll Rand Security Technologies today announced that it will begin phasing out the brand “Ingersoll Rand Recognition Systems” for its HandPunch® time and attendance terminals.  HandPunch terminals will now carry the well-known Schlage brand. “For more than 20 years, we have served both the time and attendance and access control markets under the name ‘Recognition Systems Inc.’ or ‘RSI’,” explains Jon Mooney, general manager, Schlage biometric solutions.  “In 2008, we will be embarking on a transition to consolidate all of our products and services under Ingersoll Rand’s premier Schlage brand. “A study conducted by a third party marketing research firm concluded that Schlage is the number two most recognized brand in the security industry,” Mooney adds. HandPunch terminals are used by McDonald’s, Dunkin Donuts, the City of New York and the City of Chicago for their time and attendance needs. HandPunch from Schlage “The Schlage name and its reputation for reliability and security will reinforce our value proposition that HandPunch terminals help stop fraud and eliminate the mistakes of manual time and attendance record keeping,” continues Mooney.  “Our HandPunch terminals ensure employees earn a day’s pay only when they are present to do a day’s work. “However, a terminal such as the HandPunch is more than a simple time clock,” adds Mooney. “It transmits the employee’s In and Out transactions to a company’s time/attendance/payroll software.  Multiple units can be networked into a central time and attendance record keeping system. Interface software can be tailored to meet multiple record keeping needs, including programmable data management keys that collect specific data when employees’ hands are verified.  As a result, the readers combine the flexibility of a full function data collection terminal with the sophistication of the most accurateentification technology available.” About Ingersoll Rand Security Technologies Ingersoll Rand’s Security Technologies Sector is a leading global provider of products and services that make environments safe, secure and productive. The sector’s market-leading products include electronic and biometric access control systems; time-and-attendance and personnel scheduling systems; mechanical locks; portable security; door closers, exit devices, architectural hardware, and steel doors and frames; and other technologies and services for global security markets.  Website is www.securitytechnologies.ingersollrand.com. Ingersoll Rand is a global diversified industrial firm providing products, services and solutions to transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, we enable companies and their customers to create progress. For more information, visit ingersollrand.com. For more information, contact: Jana Lasch Ingersoll Rand Security Technologies Phone: (317) 810-3791 Tom Brigham Brigham Scully Phone: (207) 941-1100