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Home automation should be smart, but simple

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07/16/2015

YARMOUTH, Maine—Home automation experts have heard the message loud and clear: simplify, simplify, simplify.

IoT ripe for monitoring

It’s not a threat but an opportunity, ESX panelists say
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07/15/2015

BALTIMORE—Consumers with home automation systems most trust security companies to monitor them, according to “Monetizing the IoT” panelists at ESX 2015. That’s a fact that the industry needs to embrace for future success, they said.

Don’t run from DIY, pros say at ESX 2015

Learn from it and leverage it
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07/06/2015

BALTIMORE—DIY is everywhere, the consumer-driven products are polished and are connected to powerful mobile apps, and it’s up to traditional security companies to decide whether they’re going to embrace it or dismiss it, according to panelists at ESX 2015.

Alarm.com sets price at $14 per share

Stock to begin trading on NASDAQ today
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06/26/2015

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

Alarm.com customers can stream on TV with new app

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06/04/2015

VIENNA, Va.—Alarm.com has a new app for Amazon Fire TV that allows customers to conveniently view live HD video streams from cameras around their home on their TVs.

Prime time for Alarm.com IPO

Interactive services provider files for $75m IPO
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05/27/2015

VIENNA, Va.—It has been a year since reports surfaced that Alarm.com owner ABS wanted to exit its investment. The wait may have been worthwhile, according to experts who spoke to Security Systems News. Now is a good time for Alarm.com, a fast-growing, market-leading provider of interactive services, to go public, they say.

Former Vivint CFO on the Alarm.com IPO

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Wednesday, May 27, 2015

Alarm.com's announcement that it will go public has a lot of people talking inside and outside of the security industry. Many of the insiders, however, will not talk on the record, at least not right now.  

I was interested in talking to someone who knows IPOs, understands the security industry and is familiar with Alarm.com, and I came up with Chris Black. Black is the former CFO of Vivint who helped Vivint prepare for the sale to Blackstone. He's also helped other companies go public. Today he works outside of the industry as CFO of Viamedia and as a board member of Sports Information Group which owns the Daily Racing Form.  

In an email interview Black called Alarm.com "a terrific company with a strong management team that I gained a lot of respect for during my interactions with them while I was at Vivint."

He said an IPO can "have a transformational impact on the business" and a positive affect on the industry.

"The IPO will provide them with access to another source of capital to continue to grow the business and invest in new products and opportunities. I also think it is a great event for the security industry as a whole. It serves as further validation of the space and will bring in new equity investors that may or may not have looked at security companies in the past,"

The only potential downside, Black said "is the amount of time the management team, particularly the CEO and CFO, are required to spend on investor relations activities including calls with equity analysts, investors and presentations at equity conferences and the like."

How might the IPO affect customers?

"This is really just another form of financing the growth of the business and shouldn't have an immediate impact on Alarm.com's customers one way or the other. Longer term, one could assume that access to public equity will allow the company to invest in the business and continue to develop new products and enhance existing ones either organically or through acquisitions, or both," he said.

Goings-on at Guardian

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Wednesday, April 22, 2015

Guardian Protection Services has been busy lately, rolling out a new funding process for dealers and a new mobile app for customers along with a rebranding initiative during its 65th year.

A meeting with Guardian at ISC West last week didn’t come off as planned, so this week I caught up by phone with Joseph Lininger, VP of marketing, to talk about recent activity at the super-regional.

Guardian will now pay authorized dealers on a daily basis as opposed to a weekly basis for the accounts it purchases. “If the account is approved on Monday, the dealer gets paid on Tuesday,” Lininger said.

The change in payment processing was made to boost dealers’ cash flow to help optimize their operations. Guardian invested in proprietary software to accommodate the change.

Guardian also has released a mobile app for its customers who use the Alarm.com platform to control their homes. Developed for both iOs and Android, the app provides remote access to home security and automation systems through an Internet connection. Future upgrades will include more functions, added Guardian services and special messages.

The new dealer program and the app come on the heels of Guardian’s recent rebranding. A new logo and tag line—“At the Heart of Your Connected Home”—for resi and builder business divisions are in place to give customers “the correct perception of Guardian as a customer-centric technology firm specializing in security and automation while providing the most reliable, technologically advanced services to homes and businesses,” the company said in its announcement.

The rebranding project, which took a year to complete, was initiated to reflect the company’s evolution and position it for the future, Lininger said.

“We always keep our brand awareness at the top of our mind, Lininger said.

Hockey team names Alarm.com Smart Home Security partner

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04/09/2015

WASHINGTON, D.C.—Alarm.com has been named the official Smart Home Security partner of the Washington Capitals NHL team.

Daily dispatches from ISC West

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Wednesday, April 1, 2015

On Monday I’m headed out to ISC West. I’ll have my boots—well, actually, my sandals because it is Vegas, after all—on the ground Tuesday through Friday.

I’ll be adding to this blog post each day, keeping you updated with the news I find and the people I talk to on the show floor. So check back here often. You may just read something you’ll want to check out on your own while you’re there.

One of the best things about ISC West is the opportunity it gives me to meet with our readers. It’s helpful to know why they read Security Systems News, learn more about their work and what they’re seeing as industry trends on the frontlines. Please stop by our Meet the Editors event from 9:30 to 10 a.m. Wednesday and say hello. It’s informal, just a chance for the editorial staff to say hello and in many cases put faces to the names we’ve interviewed and talked to so often on the phone. The event will be held at the SSN Media Stage, right near the main entrance to the show floor.

My schedule is pretty full, but if you can’t make it to Meet the Editors and would like the chance to say hello in person, shoot an email to acanfield@securitysystemsnews.com and I’ll work hard to make it happen.

Tuesday I’ll be attending the DMP Owners Forum and then, that evening, the Women in Security Council’s 2015 Women of the Year Awards and Networking Reception.

Wednesday, after the aforementioned meet-and-greet, I’ll be hitting the show floor, interviewing and visiting with, among others, Honeywell, 2Gig, Qolsys, Interlogix and Icontrol. 

Bright and very early Thursday I’ll be participating in the Mission 500 5K/2K with SSN’s Security Sys-tahs team. I’ll be doing the 2K walk. (Maybe the 5K race next year?) Then it’s back to the media stage where from 10:30 a.m. to 12:30 p.m. I’ll be conducting interviews on camera with four key players in the industry. Want to know who? You'll have to come and watch live! The videos will be posted later on the SSN website, but we do have comfy audience chairs if you need an informative break. After that, it'll be back to the show floor for meetings that include those with Alarm.com, Guardian Protection and Genetec, before returning to the SSN stage for the Mission 500 5K/2K awards ceremony.

I have a few other appointments set up for Friday and hope to spend some time meandering through the exhibits and booths on my own.

I’ll be tweeting throughout the week, and you should, too! You could win a prestigious plaque from Security Systems News for being the Top Twitterer on our Twitter Wall. Use #ISCW15. Read more about our Twitter Wall and contest here.

My colleagues, Martha Entwistle and Spencer Ives will be providing their daily news from ISC West as well. Be sure to check out their blogs, too.

Meanwhile, have a great show and I hope to see you there!

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