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Chicago Lock Co. is a lock manufacturer, founded in Chicago in 1920. Since 1933, it has sold a tubular pin tumbler lock marketed under the registered trademark "Ace." Millions of Ace locks have been sold; for instance, these locks are used in Northwestern Corporation 's Triple Play bulk vending machine.
A tubular lock and key. A tubular pin tumbler lock, also known as a circle pin tumbler lock, radial lock, or the trademark Ace lock popularized by manufacturer Chicago Lock Company since 1933, is a variety of pin tumbler lock in which a number of pins are arranged in a circular pattern, and the corresponding key is tubular or cylindrical in shape.
In 1973 the Slaymaker Lock Company was sold to the American Home Products Corporation and made part of Ekco Housewares Division. In the 1980s the lock company suffered because the market had been flooded with cheap padlocks and the Slaymaker Lock Company was losing money. By 1986 the company officially decided to cash out and the company closed ...
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A group of researchers presented a paper on defeating Medeco's locks at the 2007 DEF CON conference. Using computing power and mechanical know-how, the group developed a practical means of deploying a "bump pick" attack. At the time, company officials said they were looking to verify the claim, while also announcing a new version of the lock. [2]
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