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Fire destroys home after alarm fails to send signal

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04/08/2013

VALRICO, Fla.—A family’s home in this Tampa suburb was destroyed by fire in August after an ADT fire alarm did not send a signal to the monitoring center, according to an article from ABC Action News in Tampa.

Morgan Stanley downgrades ADT rating

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04/05/2013

BOCA RATON, Fla.—A report published this week by Morgan Stanley analyst Nigel Coe downgraded the rating on The ADT Corp. from equal-weight to underweight, citing a lack of “residual upside,” according to an article from Benzinga.com, a market-watch website.

ADT’s CFO leaving company

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04/01/2013

BOCA RATON, Fla.—Kathryn Mikells, senior vice president and chief financial officer at ADT, is leaving the company in May to become chief financial officer at Xerox, according to an ADT statement.

ADT goes 'Undercover'

Company exec poses as entry-level employee on TV reality show to learn inner workings of operation
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03/27/2013

BOCA RATON, Fla.—“James” is a tough former Marine, but he found his first day working at an ADT central station daunting.

ADT sued over burglary at warehouse

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03/22/2013

HARTFORD, Conn.—ADT is being sued by pharmaceutical company Eli Lilly, which alleges a security contractor’s carelessness allowed thieves to take millions of dollars in drugs from a Connecticut warehouse, according to a report from UPI.

ADT targeted over early termination fees, unilateral price increases

A federal class-action lawsuit calls the practices 'deceptive and unlawful'
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03/20/2013

WALNUT CREEK, Calif.—It’s standard practice for security companies to charge customers early termination fees, but now a federal class-action lawsuit is targeting ADT for the penalties it imposes for early termination and also its unilateral price increases on monitoring contracts. The practices violate federal and state consumer protection laws, the lawsuit contends.

Mace Security hires industry veteran

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03/08/2013

SOLON, Ohio—Mace Security International has hired Troy Bruce as director of sales, the company announced March 14.

Incentives keep ADT in Denver suburb

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03/06/2013

AURORA, Colo.—ADT plans to expand and create new jobs in this Colorado city after the city council unanimously approved an incentives deal, according to an article from the Aurora Sentinel, a newspaper located in the city.

Proprietary ‘smart home’ systems losing ground to open standards

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03/06/2013

Annual shipments of proprietary wireless technologies for home automation are expected to double by 2017, but proportionately their deployment in “smart homes” will be cut in half as service providers including ADT and AT&T drive a move toward open standards, according to a new report by IMS Research.

AT&T gets into mobile PERS; Puro resigns at CRN Wireless

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Wednesday, February 27, 2013

Mobile PERS is fast becoming the land of the giants.

AT&T is the latest to get into the game, announcing on Feb. 21 that it will provide the wireless network and location services for Libris, a mobile health management system from Seattle-based Numera Inc. The news follows ADT’s announcement in January that it’s getting into mobile PERS by partnering with Toronto-based health tech provider Ideal Life.

The target market for both ventures is similar: active senior citizens looking for an extra measure of safety, and those with chronic conditions who want health monitoring inside and outside the home. Libris delivers by integrating biometric readings, two-way mobile voice, automated fall detection and location tracking.

“Incorporating continuous monitoring of an individual’s activity, location and important health measurements, [Libris] breaks new ground in bringing together personal safety and telehealth in a mobile device,” said Chris Penrose, senior vice president of emerging devices for AT&T, in a prepared statement.  

While the competition for remote patient monitoring is getting more intense, there’s probably a lot of room left in the sandbox for players of all sizes. The telecare and telehealth market is expected to exceed $1 billion by 2016 and grow to $6 billion by 2020, according to Numera.

Puro resigns at CRN Wireless: In other PERS-related news, e3 Investment Partners announced this week that Nicholas Puro has resigned as CEO of CRN Wireless. He will focus on other opportunities in network services, monitoring and security, according to an e3IP news release.

“I am particularly interested in network services and wireless monitoring in the medical and pharmaceutical field,” said Puro, who is listed on LinkedIn as managing director of e3IP. “There are vast opportunities for new products and services ranging from fully mobile personal emergency response systems to wireless monitoring of pharmaceuticals through the cold chain.”

Earlier this month, CRN Wireless launched two 4G cellular alarm communicators through its AlarmPath division.

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