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Financial outlook improves, but challenges remain

Outside financial institutions take a wait and see approach while lenders that traditionally deal with the industry continue
 - 
02/01/2004

While certainly not the doom and gloom scenario of the recent past, observers of and participants in the financial sector related to the security industry are still cautious about where things are headed, especially as they relate to financing alarm dealers.
“The financing environment for alarm companies is challenging,” noted Gregory Bortz, senior vice president-investment banking at Lehman Brothers.

L.A. alarm policy arrives with New Year

 - 
02/01/2004

LOS ANGELES - When the clock struck midnight on New Year’s Eve, it not only signaled the beginning of 2004, but it also ushered in the Los Angeles Police Department’s new policy for responding to burglar alarms.

The new policy, while not an actual verified response policy, does include a verified response element that kicks in after two false alarms.

SIA to launch CPSM program at ISC West

SSN Staff  - 
02/01/2004

ALEXANDRIA, Va. - The Security Industry Association plans to roll out its latest educational offering, the Certified Security Project Manager, at the ISC West show, which will be held from March 31 to April 2 in Las Vegas.

Golf tourney to raise funds for research

SSN Staff  - 
02/01/2004

LAS VEGAS - The Alarm Industry Research & Educational Foundation and the National Burglar & Fire Alarm Association have announced their inaugural joint fundraising events, to be held in conjunction with the 2004 NBFAA Spring Conference in Las Vegas.

The AIREF/NBFAA Golf Tournament is scheduled for March 30, the day before the start of the ISC West Expo, and will be held at the Revere Golf Club in Henderson, Nev.

False alarm ordinance watch

SSN Staff  - 
02/01/2004

Baltimore

City Councilor Lisa Joi Stancil introduced a proposal in mid-January that would pass along city-imposed burglar alarm registration fees to monitoring companies, according to the Baltimore Sun. The city enacted a law in April 2002 that required registration fees for security systems and imposed fines for repeated false alarms.

Safety Act could protect companies from a lawsuit

 - 
02/01/2004

WASHINGTON - A little-known law called the Safety Act that can protect manufacturers and systems integrators of homeland security products from potential lawsuits is just now getting underway.

The Department of Homeland Security has begun accepting applications from manufacturers and systems integrators who want protection under what is considered landmark legislation.

Venture capital backing for technology should impact security sector

 - 
02/01/2004

ARLINGTON, Va. - An improvement in venture capital fund-raising activity overall, and a continued interest in security-related companies in particular, is on the horizon for this year, according to the National Venture Capital Association, based here.

SURVEILLANCE

Digital revolution brings technology bridging products
 - 
01/01/2004

Few have the funds to make a digital conversion overnight, so new technology helps make the transition easier

As the security industry continues its conversion to digital products and network-based systems, a host of interim products and solutions have sprung up, designed to ease companies into this transition.

With major investments having been made in analog cameras, matrix switchers and coax pipelines for CCTV systems, few companies have the funds or inclination to make a complete digital conversion overnight.

Lawmakers debate dueling security tax breaks

 - 
01/01/2004

WASHINGTON - Just days before the end of the 2003 legislative session, lawmakers began discussions on a new piece of legislation that would grant businesses tax breaks for buying security equipment, the second such bill to be unveiled in 2003.

Introduced in late November by Rep.

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Poll

SSN News Poll July 2016

With cybersecurity dominating much of the conversation at PSA-TEC and elsewhere, this month’s News Poll wants to know how your company is addressing cybersecurity.

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