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LogicMark says mPERS not just for seniors

To be unveiled at ISC West, the mobile unit, SentryPal, is envisioned as product for teens and college students
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03/26/2014

LOUISVILLE, Ky.—PERS provider LogicMark, based here, is making a foray into the mobile PERS market with the launch of SentryPal, set to be rolled out at ISC West.

Cablecos and Telecoms: Readers debate the new competition

Do smaller professional security companies stand to gain from the emergence of new players?
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07/10/2013

YARMOUTH, Maine—Brand recognition, national reach and advertising clout are some of the obvious advantages afforded the telecom and cableco giants now entering the security space.

Who in security topped the Inc. 5000 this year?

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Wednesday, August 22, 2012

The Inc. 5000 has released its 2012 list, and again, there are a number of physical security companies included.

Top among the physical security companies that I saw on the Inc. 5000 list, which was officially released yesterday was VMS Alarms, a residential and small business security company and Monitronics dealer.

VMS Alarms ranks #526 on the 2012 List. It had a three-year growth rate of  731 percent; 2008 revenues of  $2.3 million, and 2011 revenues of  $19.5 million.

Here's my blog on security companies who made the list in 2011, and below are some other manufacturers and installers from the security industry:

#636 EP Technology: 2008 revenues of $2.8 million and 2011 revenues of $18.6 million. Manufactures and distributes intelligent video security products. Focuses on manufacturing and supplying closed-circuit television systems, security cameras and digital recording devices.

#770 Eid Passport: 2008 revenues of $5.3 million and 2011 revenues of $29.2 million. Offers products and services that combine identity authentication, background screening, and access management to make facilities, assets, and people safer and more secure. Eid Passport's patented programs enable highly secure facilities such as military installations, government buildings, manufacturing and distribution sites, ports, and commercial buildings to increase security and streamline access for authorized personnel.

#826 Exacq Technologies: 2008 revenues: $6.3 million; 2011 revenues: $32.3 million. Develops open architecture, video management system solutions for security and surveillance applications.

#943 Sting Alarm: 2008 revenues: $1 million; 2011 revenues: $4.5 million. Installs and maintains advanced video surveillance and burglar alarm systems for high-rise residential towers, casinos, retail chains, and other customers.

#1097 LogicMark: 2008 revenues: $2 million; 2011 revenues: $7.7 million. Manufactures a line of personal emergency response systems. Users, such as the elderly or those with serious medical issues, wear a pendant with a speakerphone, and can push a button to call for help.

#1123 Nationwide Security Solutions: 2008 revenues: $1.6 million; 2011 revenues: $6 million. Sells and installs residential and commercial security and automation systems. Serves as the primary distributor for represent Monitronics International, a producer of security and monitoring technology for burglar, fire and medical emergency systems. Also offers two-way voice, cellular, and medical monthly monitoring plans.

#1255 Integrity Alarms: 2008 revenues: $1.6 million; 2011 revenues: $6 million. An ADT authorized dealer that sells, installs, and maintains home security systems in California, Nevada, New Jersey and Delaware.

#1312 Radiant RFID: 2008 revenues: $1.9 million; 2011 revenues: $6.3 million. Designs, installs, and integrates technology that tracks, locates, and monitors people and products for government, education, and corporate customers. It can be used to keep track of and protect a company's physical assets; for access control in gated communities; to monitor attendance and capture traffic flow at large events such as trade shows; and to manage large-scale evacuations.

#1464 SecurityHunter: 2008 revenues: $2.3 million; 2011 revenues: $6.9 million. Designs, manufactures and installs electronic and physical security systems that are used by federal agencies, including the Department of Defense.

#1483 AMP Alarm: 2008 revenues: $8.5 million; 2011 revenues: $25.7 million. Sells and installs security systems to protect people, their homes, and their possessions and to arrest and prevent burglary, fire, and medical emergencies.

#1485 Alert Logic: 2008 revenues: $7.1 million; 2011 revenues: $21.4 million. Provides security services for cloud computing allowing customers to defend against security threats and address compliance mandates. Alert Logic partners with over half of the largest cloud and hosting service providers to provide fully managed intrusion protection, vulnerability assessment and log management for nearly 2,000 enterprise customers.

#1661 InVue Security Products: 2008 revenues: $36 million; 2011 revenues: $98.9 million. Designs and manufactures security devices that allow retailers to openly display electronic merchandise that poses a high risk of theft.

#1824 Smith Monitoring: 2008 revenues: $2.1 million; 2011 revenues: $5.3 million. Offers home security and monitoring systems, and home automation integration systems.

#1894 NDI Recognition Systems: 2008 revenues: $2.1 million; 2011 revenues: $5.3 million. Designs and manufactures automated license plate recognition technologies for use in law enforcement and other public safety applications. Its offerings include both mobile and fixed cameras, mobile processors, the Talon recognition engine, VeriPlate mobile application software, and installation and support.

#2056 Defender Direct: 2008 revenues: $312 million; 2011 revenues: $136 million. Sells and installs ADT home-security and Dish Network systems for homeowners.

#2192 IntraLogic Solutions: 2008 revenues: $1.4 million; 2011 revenues: $3 million. Provides security and surveillance services and systems to school districts, municipal clients, state offices, government agencies and private-sector clients. Designs, installs and maintains broad-spectrum security systems that use the latest technology and cost controls.

#2196 DTT Surveillance Systems: 2008 revenues: $7.9 million; 2011 revenues: $17.2 million. Supplies, installs and supports digital surveillance and monitoring equipment for the restaurant and hospitality industries. DTT's video systems include security, theft-prevention and quality-control products.

#2961 PowerHome Technologies: 2008 revenues: $9.6 million; 2011 revenues: $16.8 million. Specializes in the sale and installation of residential and small business security systems.

#3477 Intelligent Access Systems of North Carolina: 2008 revenues: $8.8 million; 2011 revenues: $13.5 million. Offers electronic security integration, primarily in the critical infrastructure, healthcare, and higher education markets.

#3842 Electric Guard Dog: 2008 revenues: $12.4 million; 2011 revenues: $17.5 million. Provides perimeter electric security fencing across the nation for industrial and commercial locations.

#4175 Sentry Communications: 2008 revenues: $3.9 million; 2011 revenues: $5.1 million. Installs and services security systems, including digital CCTV, fire systems, and access control, for commercial, industrial, and residential clients.

Private equity firm acquires LogicMark

Former Honeywell execs Ben Cornett and Kevin O’Connor will head PERS company
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01/09/2012

BUFFALO GROVE, Ill.—Private equity firm Generation3 Capital has entered the PERS arena by acquiring LogicMark, a designer and manufacturer of medical alarm systems, with former Honeywell Security Group executives Ben Cornett and Kevin O’Connor named to lead the company.

Former Honeywell exec Cornett to head PERS company

 - 
Wednesday, January 4, 2012

 

The private equity firm Generation3 Capital is getting into the PERS game, announcing this week that it has acquired LogicMark, a Virginia-based designer and manufacturer of medical alarm systems. Generation3 was joined in the deal by Promus Equity Partners LLC, according to a Gen3 statement. Financial terms of the acquisition were not disclosed.

Adding to the news is the fact that LogicMark is bringing aboard former Honeywell execs Ben Cornett, who will be the new CEO, and Kevin O’Connor, who will serve as president. Both formerly worked at Honeywell Security Group, as president and vice president of global sales, respectively. Most recently they have been involved with EZ Watch, another company in Chicago-based Gen3's portfolio. Cornett is still serving as CEO, while O'Connor has moved on full time to LogicMark.

“The PERS market is growing rapidly in both the durable medical equipment and security channels,” O’Connor said. “We are excited to be involved with LogicMark and have the opportunity to work with some new customers in the DME market, as well as working with some old friends in the security market.”

What are Cornett’s views on the PERS world? I’ll learn more in an interview with him this week, with a story to follow.

CSAA webinar: For anyone with a hole in his (or her) dance card Jan. 18, the CSAA has announced that it will be the new date for a webinar on “Social Media Marketing and Search Engine Optimization (SEO).” The online session will feature panelists Yvonne Grahovac of Alarm.com, and Richard Hahn of Bold Technologies. Register at https://www2.gotomeeting.com/register/164912682.  

LogicMark’s new two-way voice emergency button bridges gap between security, PERS

New solution provides more value, extra service for integrators to offer
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03/14/2011

FAIRFAX STATION, Va.—PERS provider LogicMark will be touting what it calls a bridge solution between PERS and security at ISC West in Las Vegas in April. The unit can relay its signal through an end user’s traditional security system and be used in non-PERS type situations.