Subscribe to RSS - Pinnacle Security

Pinnacle Security

Illinois fines Pinnacle $1m for alleged deceptive sales practices

 - 
Wednesday, October 31, 2012

I just learned today that summer-sales-model company Pinnacle Security has agreed to pay a $1 million fine in a long-term settlement to the state of Illinois for such alleged violations as “slamming” customers and even hiring felons as sales reps.

Pinnacle sells 93,000 accounts to Monitronics

Pinnacle says the $131 million transaction reduces debt, putting it in a better growth position
 - 
10/31/2012

OREM, Utah—Pinnacle Security, a leading summer-sales-model company based here, recently announced an alliance with Monitronics International in which Pinnacle has sold Monitronics about 93,000 accounts and made an agreement for future account sales. The accounts represent $4.4 million of gross RMR, according to a news release.

‘Make sure mobile is part of the solution you offer’

Industry experts say mobile apps must be part of a successful security business today
 - 
09/07/2012

A smart revolution quietly occurred this year—one that’s dramatically changing the security industry.

As of February, a Nielsen report showed, about half of all Americans with mobile phones—49.7 percent—now own smartphones. And the number of smartphone owners is rapidly growing.

Pinnacle corralling customers with geofences

The summer model company believes new Geo-Services technology could make customers 'stickier'
 - 
08/01/2012

OREM, Utah—Pinnacle Security believes geofences could help keep its customers from straying.

The leading summer-sales-model home company, based here, recently announced the launch of Alarm.com’s Geo-Services technology. With the free service, customers can set geofences, which are perimeters around locations, using an iPhone or Android device. When they leave or enter the geofenced area with the hand-held device, they get automatic reminders sent to the device to remind them to arm or disarm their system.

Devcon closing more branches

Reductions in company expenses and streamlining are designed to ‘set the stage for future success,’ CEO says
 - 
07/11/2012

HOLLYWOOD, Fla.—Devcon Security—a super-regional based here that grew to a national player in the past year and a half—is downsizing to reduce expenses and strengthen the company’s finances for future profitability and growth, according to Devcon’s new CEO, Steve Hafen.

Pinnacle settles Missouri AG complaint

 - 
Monday, April 23, 2012

Pinnacle Security, an Orem, Utah-based summer-sales-model company, has reached a $76,000 settlement with the state of Missouri over a complaint filed last year regarding alleged deceptive sales practices from a few years back.

Alarm.com: New Smart Schedule smart for dealers

New feature matches home activity to thermostat schedules and makes customers ‘stickier’
 - 
04/02/2012

VIENNA, Va.—Alarm.com has added a new feature to its emPower home automation and energy management platform, one that it says makes homeowners even more invested in their security systems because it allows them to use data the security systems collect to better program their thermostats to save energy and money.

Shake-up at Devcon: Hafen replaces Ginsburg as CEO

Industry veteran Richard Ginsburg departs just weeks after taking job; former Pinnacle COO Steve Hafen now at helm
 - 
03/21/2012

HOLLYWOOD, Fla.—Devcon Security has a new CEO—its second one in about three weeks.

“The Trip to Bountiful”: Comcast now "at home" in Utah

 - 
Wednesday, March 21, 2012

Comcast is now selling home security in Utah, right in the backyard of the major summer-model security companies.

Richard Ginsburg new CEO of Devcon Security

Former Pro 1 CEO is back in the security business
 - 
02/29/2012

HOLLYWOOD, Fla.—Golden Gate Capital, the owner of Devcon Security—a super-regional based here that has been rapidly expanding as a national player in the past year—has named Richard Ginsburg as Devcon’s new CEO.

Pages