Exhibit 99.1
Sent via Electronic Delivery to: kbuchel@napcosecurity.com
February 14, 2020
Mr. Kevin Buchel
Chief Financial Officer
NAPCO Security Technologies, Inc.
333 Bayview Avenue
Amityville, New York 11701
Re: NAPCO Security Technologies, Inc. (the “Company”) Nasdaq Symbol: NSSC
Dear Mr. Buchel:
On July 9, 2019, Staff notified the Company that it did not comply with the independent director and audit committee requirements for continued listing on The Nasdaq Global Market set forth in Listing Rules 5605(b)(1) and 5605(c)(2) (the “Rules”), respectively. Based on the information regarding the appointment of Mr. Robert A. Ungar to the Company’s Board of Directors and audit committee, as detailed in your email dated February 12, 2020, Staff has determined that the Company complies with the Rules, and this matter is now closed.
If you have any questions, please contact me at +301 978 8085
Sincerely,
Patryk
Listing Analyst
Nasdaq Listing Qualifications