Exhibit 21

SCHEDULE OF SUBSIDIARIES OF BRADY CORPORATION

		Percentage
		of Voting
	State (Country)	Securities
Name of Company	of Incorporation	Owned
Brady Corporation	Wisconsin	Parent
Tricor Direct Inc. —	Delaware		100	%
Doing Business As:
Seton
Seton Name Plate Company
D&G Sign and Label
Seton Identification Products
Emedco
Champion America
DAWG, Inc.
Worldmark of Wisconsin Inc.	Delaware		100	%
Brady Investment Co.	Nevada		100	%
Stopware, Inc.	California		100	%
Permar Sytems, Inc. —	New York		100	%
Doing Business As Electromark
AIO Acquisition Inc.	Delaware		100	%
Doing Business As:
All-In-One Products
Personnel Concepts Limited
Personnel Concepts Ltd.
PC Limited
USA Printing & Mailing
Dual Core LLC	Wisconsin		100	%
Doing Business As Identicard Systems Worldwide
Brady Mexico Holding LLC	Delaware		100	%
Comprehensive Identification Products, Inc.	Massachusetts		100	%
Doing Business As:
Brady People ID
Temtec
PV Acquisitions, LLC	Delaware		100	%
Doing Business As Promovision Palomino
Brady Precision Converting, LLC	Wisconsin		100	%
Doing Business As Brady Medical
Clement Communications, Inc.	Pennsylvania		100	%
Visual Wear LLC	Massachusetts		100	%
Brady International Co.	Wisconsin		100	%
Brady Worldwide, Inc.	Wisconsin		100	%
Also Doing Business As:
Brandon International
Varitronic Systems
Teklynx International
Sorbent Products Company
TISCOR
Brady Australia Pty. Ltd.	Australia		100	%
Seton Australia Pty. Ltd.	Australia		100	%
Accidental Health & Safety Pty. Ltd.	Australia		100	%
Trafalgar First Aid Pty. Ltd.	Australia		100	%
Carroll Australasia Pty. Ltd.	Australia		100	%
Scafftag Australia Pty. Ltd.	Australia		100	%
Visisign Australia Pty. Ltd.	Australia		100	%

		Percentage
		of Voting
	State (Country)	Securities
Name of Company	of Incorporation	Owned
Transposafe Systems Belgium NV/SA	Belgium		100	%
W.H. Brady, N.V.	Belgium		100	%
W.H.B. do Brasil Ltda.	Brazil		100	%
Tradex do Brasil Ltda.	Brazil		100	%
Asterisco Artes Graficas Ltda	Brazil		100	%
Brady Cayman Finance Company	Cayman Islands		100	%
W.H.B. Identification Solutions, Inc. —	Canada		100	%
Doing Business As:
Brady
GrafTek
Seton
Teklynx International
Varitronics Canada
Identicam Systems Inc.	Canada		100	%
BRC Financial	Canada		100	%
Brady (Shanghai) International Trading Co., Ltd.	China		100	%
Brady Technology (Wuxi) Co. Ltd.	China		100	%
Brady (Beijing) Co. Ltd.	China		100	%
Brady (Shenzhen) Co., Ltd.	China		100	%
Brady (Dongguan) Co., Ltd.	China		100	%
Suzhou Dicel EMC Co., Ltd.	China		100	%
Brady Technology (Langfang) Co., Ltd.	China		100	%
Brady Technology (Suzhou) Co., Ltd.	China		100	%
CIPI Xiamen, Ltd.	China		100	%
PanYu Meixin Metal Company Ltd.	China		100	%
Brady A.S (Denmark)	Denmark		100	%
Braton Europe S.A.R.L	France		100	%
Braton Groupe S.A.R.L	France		100	%
Doing Business As:
Brady
Teklynx
Brady Group S.A.S	France		100	%
Doing Business As:
Seton
Signals
BIG
Brady Holding GmbH	Germany		100	%
Brady GmbH	Germany		100	%
Doing Business As:
Seton
Balkhausen
Etimark
Teklynx
Transposafe Systems Deutschland GmbH	Germany		100	%
Quo-Luck Company Limited	Hong Kong		100	%
Bakee Metal Manufactory Company Limited	Hong Kong		100	%
Brady Corporation Hong Kong Limited	Hong Kong		100	%
Brady Company India Pte. Ltd.	India		100	%
Brady Converting (Ireland) Ltd.	Ireland		100	%
Brady Italia, S.r.l.	Italy		100	%
Modernotecnica S.r.l.	Italy		100	%
Nippon Brady K.K.	Japan		100	%
Brady Luxembourg SARL	Luxembourg		100	%
Brady Technology SDN, BHD	Malaysia		100	%
W. H. Brady S. de R.L. de C.V.	Mexico		100	%
Brady Servicios, S. de R.L. de C.V.	Mexico		100	%
Brady B.V.	Netherlands		100	%
Brady Acquisition B.V.	Netherlands		100	%
CIPI Europe, B.V.	Netherlands		100	%
Holland Mounting Holding B.V.	Netherlands		100	%

		Percentage
		of Voting
	State (Country)	Securities
Name of Company	of Incorporation	Owned
Transposafe Systems Holland B.V.	Netherlands		100	%
Brady A.S. (Norway)	Norway		100	%
Brady Philippines Direct Marketing Inc.	Philippines		100	%
Transposafe Systems Polska Sp. Z.o.o.	Poland		100	%
Brady Corporation S.E.A. Pte. Ltd.	Singapore		100	%
Brady Corporation Asia Pte. Ltd.	Singapore		100	%
Brandon Precision Pte. Ltd.	Singapore		100	%
Brady Technologies Asia Pte. Ltd.	Singapore		100	%
Brady Asia Holding Pte. Ltd.	Singapore		100	%
Brady Corporation Asia Pacific Pte. Ltd.	Singapore		100	%
Brady Asia Pacific Pte. Ltd.	Singapore		100	%
ID Technologies Pte. Ltd.	Singapore		100	%
ID Tech (China) Pte. Ltd.	Singapore		100	%
Brady S.R.O.	Slovakia		100	%
Brady Korea LLP	South Korea		100	%
Brady Identification S.L.	Spain		100	%
Brady AB	Sweden		100	%
Brady Sweden Holding AB	Sweden		100	%
Brady Holding i Kungälv AB	Sweden		100	%
Brady Converting AB	Sweden		100	%
Tradex AB	Sweden		100	%
Brady Holding Co. Ltd.	Thailand		100	%
Brady (Thailand) Co. Ltd.	Thailand		100	%
Brady Technologies (Thailand) Co. Ltd.	Thailand		100	%
Brady (Turkey) Ltd.	Turkey		100	%
B.I. U.K. Limited	United Kingdom		100	%
B.I. Financial Limited	United Kingdom		100	%
Seton Limited	United Kingdom		100	%
W.H. Brady Co. Ltd.	United Kingdom		100	%
Brady Corporation Limited	United Kingdom		100	%
Brady European Finance Limited	United Kingdom		100	%
Brady European Holdings Limited	United Kingdom		100	%
Signs & Labels Limited	United Kingdom		100	%
Scafftag Limited	United Kingdom		100	%
Safetrak Limited	United Kingdom		100	%
Scafftag USA Limited	United Kingdom		100	%