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Tuxedo Touch demo apps available for iOS and Android

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04/24/2014

MELVILLE, N.Y.—Honeywell’s new Tuxedo Touch demo app is available for download from iTunes and Google Play, according to Honeywell marketing communications specialist Natasha Ramjit.

MobileHelp earns new patent

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04/23/2014

BOCA RATON, Fla.—MobileHelp, a provider of mobile PERS technology, announced that it was issued its ninth patent, titled “Human Health Monitoring Systems and Methods,” which extends beyond simple emergency response to a “broader ecosystem for health monitoring,” accordin

Investor speculates on Monitronics outlook

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Wednesday, April 23, 2014

Greater visibility, broader market acceptance and (for some central stations) more wholesale monitoring accounts are just some of the benefits often mentioned in connection with the entrance of cablecos and telecoms into security.

A recent Wholesale Monitoring study by the Barnes Associates (co-sponsored by the CSAA and SSN) largely attributed the 19 percent growth the segment enjoyed in 2013 to the influence of the new entrants. To be sure, there seems to be a prevailing belief that the rangy, big-money advertising campaigns of such companies can be the proverbial “rising tide that lifts all boats.”

That’s not to say there’s no ambivalence. That was apparent enough in a recent SSN News Poll that dealt with the topic. A number of readers expressed concern about the long-term viability of smaller players in the home security space, given the influx of these major corporations who have already made inroads into the home through Internet and cable, and thus have that previously established “stickiness.”

That ambivalence was also reflected in a recent analysis by Rajiv Bhatia on Seeking Alpha, a crowdsourced platform for investment-based ideas, who discussed what the new market players could mean for Ascent Capital, the holding company of Monitronics. Bhatia acknowledged that the company faces “increased competition” from the large new cableco/telecom entrants, which he says are gaining traction despite unsuccessful forays into the market in the past.

Regarding Monitronics’ business model, Bhatia offered a mixture of encouraging and somewhat cautionary words:

“While management and sell-side analysts believe that Ascent is better insulated from competition via its dealer-only business model, Ascent faces upward pressure on the multiple it pays for its dealer contracts from competitors. Additionally, its growth through its internal channels is weakening.”

Those multiples, he noted earlier, are based on an RMR multiple of 50. Ascent faces “upward pressure on the multiple it pays to acquire contracts,” he said.

With more than 1 million subscribers, Monitronics trails only ADT in terms of marketshare in the alarm monitoring space. It will be interesting to watch what happens to the market presence of both companies as the cableco/telecom ads continue to appear on our television screens.

ASG buys in Louisiana, Florida

Optimism abounds at ASG after auspicious Q1
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04/23/2014

BELTSVILLE, Md.—Bolstering its platforms in Louisiana and Florida, super-regional security company ASG on April 22 announced two acquisitions: Alarm Detection Systems (ADS) of Houma, La., and Amsafe Security Systems, based in Ft. Lauderdale, Fla.

Startup’s mPERS device has siren, camera, pepper spray

Pangaea, developer of the Defender, is crowdfunding, hopes to emulate success of Canary
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04/23/2014

PEBBLE BEACH, Calif.—A developer of Internet-enabled life safety products is teaming up with a central station software provider to bring what it’s calling “everywhere security” to alarm monitoring.

Guardian Alarm acquires in Ohio

The Michigan company’s buy of ADS Security Systems adds accounts and highly valued technicians
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04/23/2014

SOUTHFIELD, Mich.—Guardian Alarm, a super-regional based here, has strengthened its Ohio presence by acquiring ADS Security Systems, of Concord, Ohio, according to Guardian President David Goldstein.

'We are providing something completely different'

DMP event provides tips on competing with telecoms, cablecos, including bundling services and stressing their local ties
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04/21/2014

LAS VEGAS—Bob Harris, owner and president of Attrition Busters, warned an audience of Digital Monitoring Products’ security dealers that he was going to “speak about that dirty little word: cable.”

Piper a 'lead-in technology' for security companies

Software platform provider iControl acquires Piper, DIY 'home awareness and automation device'
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04/16/2014

REDWOOD CITY, Calif.—Software platform provider iControl is one step closer to providing “smart home solutions for every household in the world,” with the April 9 acquisition of Blacksumac, iControl marketing director Greg Roberts told Security Systems News.

Tyco expands Global Center of Excellence

Haga: 'It’s all about efficiency and good, clean processes'
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04/16/2014

BIRMINGHAM, Ala.—It’s like the United Nations of security at Tyco’s new Global Center of Excellence. Walk through the office and you’ll hear engineers speaking Chinese, Russian and Arabic. Fourteen languages are spoken here. In addition to linguistic fluency, employees must also understand the business culture in their countries of expertise, Daryl Haga, director of Tyco’s GCoE, told Security Systems News.

Convergint finds communications piece of puzzle in ALERiTY

Eaton Cooper Notification product called a ‘robust solution’ for complete life safety
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04/16/2014

LAS VEGAS—Dan Moceri, CEO of Convergint Technologies, said Eaton Cooper Notification’s new IP network-based ALERiTY line is the mass notification solution his company has been looking for.

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