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                                                               EXHIBIT (a)(1)(E)

                Form of E-Mail Message to Eligible Option Holders

Re:  Ultrak, Inc. Stock Option Cancellation Program

Several weeks ago you were sent an Offer to Exchange and a Letter of Transmittal
which described in detail a program whereby you may elect to cancel your
outstanding stock options under the 1988 Non-Qualified Stock Option Plan, and
receive new options approximately six months and two days from the date that the
cancelled options are cancelled.

It has been determined that the option holders should be provided with the
company's most recent financial statements to assist them in understanding of
Ultrak's historical results and future prospects when deciding whether to
exchange their options. Attached is a Supplement to the Offer to Exchange which
includes portions of Ultrak's Annual Report on Form 10-K for the fiscal year
ended December 31, 2000 and the Quarterly Report on Form 10-Q for the fiscal
quarter ended March 31, 2001. The Supplement also contains revisions to the
Letter of Transmittal.

Please click on the link below to view the Supplement. Please contact Teresa
Prewit at teresa.prewit@ultrak.com if you are not able to open the document or
to request a hard copy of the document.

I would like to remind you that the offer and withdrawal rights expire at 5:00
p.m., Lewisville, Texas time on July 10, 2001. If you are eligible to
participate and wish to cancel all or a portion of your stock options granted
under the 1988 Plan and be eligible to receive grants of New Options, you must
complete, sign and properly and timely return the Letter of Transmittal so that
it is received on or before the deadline. If you decide not to cancel your
current options under the 1988 Plan, you need not do anything and your stock
options will remain unchanged. Should you have any questions, please contact me
at dlene.sandleback@ultrak.com or by telephone at 972-353-6455.

D'Lene Sandleback
Executive Paralegal
ULTRAK, INC.
972.353.6455 direct
972.353.6750 fax
dlene.sandleback@ultrak.com
www.ultrak.com