Posted June 06, 2018 07:00:59Highland Hardware, the Australian company behind the highly successful Gateway Locks, will sell only 3.35k units of the Gateway Lock, which is its first ever hardware sale, its founder and CEO Graham Duffy said.
Mr Duffy, a former IBM executive, said the company had no plans to move its main production facility in Victoria, the state where the Gateway Lock is manufactured, to another state.
Instead, Highland Hardware will sell a low volume of Gateway Locking units through its online store, the company said.
“We’ve got some very, very cool technology in our system,” Mr Duffy said in an interview.
“It’s basically a way of saying to people ‘Hey, if you want to go and have a look at what the Gateway locks are capable of doing, we’ll make it so you can actually buy that.”
Mr Duffy said his company had already sold about 400 units of Gateway Lock to its customers.
“This is about a 3.65k unit.
That’s pretty low, but you know what, we’re not going to get into too much detail, but it’s the best hardware out there,” he said.
The Gateway Lock is a high-security lock that allows people to lock themselves into their homes by pressing a button in a special way that uses a special hardware that can only be activated by entering the correct combination of letters, numbers and letters and numbers.
It was created in 2013 and sold around the world to retailers and governments, with many Australian governments buying up the lock in an effort to secure their buildings.
Mr, Duffy said he would not disclose how many units Highland was planning to sell.
He said he had had a number of discussions with his supplier, who had told him that the lock would only be sold through a website.
“They’re looking to sell it through our site, they’re looking at a distribution platform,” Mr Fitzgerald said.
He was not prepared to give details about the cost of the lock, but said the lock was cheaper than most of its competitors.
“Our customers are very keen to have the lock for their own home,” he explained.
“I’ve got a couple of them coming in from other states.”
Mr Fitzgerald said that while his company was not going into details, it would not be using the Gateway lock for security reasons.
“If we were to do a security-focused lock, we would use an entry-key-based lock,” he told the ABC.
“But we’re just looking to do the security side, the entry-lock-based locks.”
The lock’s a great idea, and we would do it again if we were ever to do it.