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): February 20, 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 is a copy of a press release dated February 23,
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 February 23, 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: February 23, 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
                   February 23, 2004