Patent ID: 8376150
Filing Date: 2013-02-19
Classification: A47F,E05B,Y10T

Abstract:
1. A theft deterrent apparatus for securing displayed articles to an article display panel, the theft deterrent apparatus comprising: a locking apparatus for mounting on the rear-facing side of the article display panel, the locking apparatus including a housing defining an internal chamber and an elongate member for suspending and alternatively securing and releasing said displayed articles, said elongate member having a first end from which the elongate member extends from said internal chamber, and a second end opposite said first end; said elongate member including a restriction member positioned proximate said second end for securing said displayed articles; said locking apparatus further including a locking member movably disposed within the internal chamber to alternatively restrain the elongate member in a secure position, and release the elongate member for movement to a release position to, in turn, prevent and enable the removal of said displayed articles from said elongate member and, in turn, said article display panel, respectively; said locking member including a magnetic actuator, for moving the locking member between its secure position for the elongate member and its release position for the elongate member, said magnetic actuator adapted to interact with a magnetic key for repelling said magnetic actuator, and in turn the locking member, from their secure positions to their release positions to, in turn, enable the longitudinal movement and repositioning of at least a portion of the elongate member from the housing, to enable the removal of said displayed articles from said article display panel.