8-K

                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


         Date of Report (Date of earliest event reported): May 28, 2004


                          NAPCO SECURITY SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)

                                                      
        DELAWARE                      0-10004                  11-2277818
(State of other jurisdiction        (Commission             (I.R.S. Employer
    of incorporation                File Number)            Identification No.)




                                333 BAYVIEW AVE.
                              AMITYVILLE, NY 11701
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (631) 842-9400

                                 NOT APPLICABLE
         (Former name or former address, if changed since last report.)

ITEM 5.  Other Events and Regulation FD Disclosure.

Attached as Exhibit 99.1 hereto is a copy of a press release dated May 28, 2004.

Forward Looking Statements

This press release contains forward-looking statements that involve numerous
risks and uncertainties. Actual results, performance or achievements could
differ materially from those anticipated in such forward-looking statements as a
result of certain factors, including those set forth in the Company's filings
with the Securities and Exchange Commission.



ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (a)      FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED.
                  Not applicable.

         (b)      PRO FORMA FINANCIAL INFORMATION.
                  Not applicable.

         (c)      EXHIBITS.

                  Exhibit 99.1  Press Release of NAPCO SECURITY SYSTEMS, INC.
                  dated May 28, 2004.

                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       NAPCO SECURITY SYSTEMS, INC.


Date: May 28, 2004                   By:  /s/ KEVIN S. BUCHEL
                                          -------------------------------------
                                          Kevin S. Buchel
                                          Senior Vice President and
                                          Chief Financial Officer

                                  EXHIBIT INDEX




Exhibit No.       Description

               
Exhibit 99.1      Press Release of Napco Securities Systems, Inc. dated
                  May 28, 2004

EX-99.1

                                                                    Exhibit 99.1


                                                           FOR IMMEDIATE RELEASE
CONTACT:

Richard Soloway, President                Stephen D. Axelrod, CFA
Kevin S. Buchel, Senior VP                Andria Arena (Media)
NAPCO SECURITY SYSTEMS, INC.              WOLFE AXELROD WEINBERGER ASSOC. LLC
(631) 842-9400 ext. 120                   (212) 370-4500; (212) 370-4505 fax
                                          steve@wolfeaxelrod.com


     NAPCO DISCLAIMS STATEMENT IN BUSINESS WEEK'S INSIDE WALL STREET COLUMN

MAY 28, 2004 AMITYVILLE, NY, NAPCO SECURITY SYSTEMS, INC. (NASDAQ:NSSC) noted
that the current June 7, 2004 Business Week Inside Wall Street column discussing
NAPCO Security Systems, Inc. has erroneously ascribed the following statement
about ADT's SafeWatch EZ(TM) to Mr. Richard Soloway, CEO of NAPCO stating, "in
two years, EZ will be installed in 50% of that volume." That statement was
supposedly made in response to the statement that ADT installs 600,000 security
systems a year.

While Mr. Soloway believes that SafeWatch EZ(TM) will be a promising product for
ADT and NAPCO, he made no such statement and at this time cannot make any
estimate of the number of units that will be sold.

                        ---------------------------------

NAPCO SECURITY SYSTEMS, INC. is one of the world's leading manufacturers of
technologically advanced electronic security equipment including burglary and
fire alarm systems, access control products and electronic locking devices. The
Company's products, including those of Alarm Lock and Continental Instruments,
feature some of the most popular and best-selling control panels, sensors,
locking devices and access control systems. They are used in residential,
commercial, institutional, industrial and governmental applications. NAPCO
security products have earned a reputation for technical excellence, reliability
and innovation, poising the Company for revenue growth in the rapidly expanding
electronic security market, a market whose current size exceeds $25 billion.


For more information on NAPCO and its subsidiaries, please visit the
Company's web site at: www.napcosecurity.com.


This press release contains forward-looking statements that involve numerous
risks and uncertainties. Actual results, performance or achievements could
differ materially from those anticipated in such forward-looking statements as a
result of certain factors, including those set forth in the Company's filings
with the Securities and Exchange Commission.

                                       ###