Abstract: A secure storage system for keys or similar articles has an locked storage module with a drawer. A horizontal drawer shelf holds a plurality of cards in numbered slots. Each card has a self-clocking bar code ID number that is scanned by a fixed optical reader as the drawer is opened or closed. A computer connected to the module stores in memory the key number and slot location of each stored key whenever the drawer is opened and closed. An authorized user enters his authorization code and a desired key number into the computer which unlocks the storage module. The computer displays the slot location of the requested key, inventories the keys and maintains records of all transactions.