FORT WAYNE, Ind.--Pierre's Entertainment Center, a 60,000-square-foot nightclub complex that can serve as many as 4,500 people on a given night, completed the installation of a $250,000 networked security system this month.
SAN ANTONIO--Now that Julie Smith Nelson has sold her guarding firm, Smith Legacy Security, to Initial Security, what's next? Installation and manufacturing, through her seven-year-old company SLS Systems.
"I always had a installation arm running parallel to the guarding," Nelson said, and she's launching a new product that she's developed after years of working with guards.
MIAMI--On the strength of a robust condominium market and good relationships with area developers, Miami-based Future Connections is growing at a triple-digit rate. Company president David Orsham said that after just six years in business the low-voltage integrator expects to hit $10 million in revenues in 2006, "and we're expecting that to go to $25 million next year.
CORTE MADERA, Calif.--Smart-Tek Solutions, a holding company competing in the security market through Smart-Tek Communications, announced in November it will cancel 33 million shares of common stock currently issued and outstanding.
KAUA'I, Hawaii--Amid the sunny climes and sandy beaches that typify a convention here, PSA Security Network members convened for a business meeting that president and chief executive officer Bill Bozeman declared, "the most important we have ever held." In a move approved by PSA's Board of Directors in September and voted on by the membership here in late October, PSA is "restructuring the organization," said Bozeman.
WASHINGTON--Businesses looking to get contract work with the Department of Homeland Security may want to look into the Mentor-Protege Program administered by the Office of Small and Disadvantaged Business Utilization. Large contractors team with qualified small contractors to fulfill federal requirements regarding small-business utilization in federal contract granting.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?