The present invention provides a pegboard-type organization system for articles to be displayed or secured in-place. The pegs can be locked onto the board to support either a weight placed thereon or a side-ways pressure applied thereto. The support can be either rigid or elastic, depending on whether gripping or load-bearing functionality is required. The inventive system allows a board to be flush-mounted to a support surface, and thereby avoids the wasted space conventionally taken up with such substructures as fir strips.