Agreement#: AG-224169
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Release Agreement

Effective Date: December 31, 2002
Parties:

Mdi,

Sectors: Consumer Products (Durables)
Exhibit 10.7

RELEASE AGREEMENT

This Release Agreement (" Agreement" ) is in favor of American Building Control, Inc. f/k/a Ultrak, Inc. (" Company" ) and executed by Chris Sharng (" Employee" ) (collectively the " parties" ). The Effective Date for this Agreement is the date it is executed by Employee.

In exchange for three annual payments by Company to Employee of $48,000 each in 2002, 2003 and 2004 (less any ordinary or required withholdings), Employee agrees to the following warranties, waivers and releases:

Employee hereby forever waives and releases any and all claims, rights, or remedies, known or unknown, that Employee may have against Company or Related Parties (as defined below) (a) based upon any change of control or alleged change of control of Company, or (b) based upon the application of the change of control provision in Employee' s Employment Agreement ...

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