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State bills to exempt taxes on home security, fire equipment

 - 
03/01/2002

At least three states are currently considering legislation that would exempt certain security or fire equipment from state sales and use taxes, including fire extinguishers, smoke detectors and carbon monoxide detectors.

In New Jersey, S.

Alarm company held responsible for teller's death

SSN Staff  - 
03/01/2002

TAVARES, Fla.-A jury in Lake Circuit Court ruled in February that a Tampa alarm company is partially responsible for flaws in security that led to a death of a teller and the paralysis of another during a 1999 bank robbery in Mount Dora.

Midwest city investigating licensure

SSN Staff  - 
03/01/2002

WEST DES MOINES, Iowa-City officials here are considering instituting a licensure requirement for alarm companies that's included in a fire code before the City Council.

The consideration comes amid a growing number of false alarms, about 60 every month, or 43 percent of all fire calls, according to city fire officials.

Financing activity predicted to rise as year progresses

 - 
03/01/2002

Financing activity predicted to rise as year progresses

How do capital providers view 2002?

With optimism and an eye toward new business and increased acquisitions activity, according to interviews with Security Systems News.

While the pendulum has swung in a conservative direction over the past year, Henry Edmonds, chief executive officer of SLP Capital in St.

Videolarm adds replacement parts store

SSN Staff  - 
03/01/2002

DECATUR, Ga.-Videolarm has added a virtual replacement parts store to its website.

Tri-State gets cash infusion fromVC firms

 - 
03/01/2002

UPPER DARBY, Penn.-Two venture capital firms have bought a majority interest in Tri-State Alarm, giving the company the cash infusion needed to grow to 45,000 customers and six new locations over the next 18 months.

Alabama cracks down on security companies

ADT, local independent among companies fined for violating state licensure law
 - 
03/01/2002

MOBILE, Ala.-An installation company was forced to shut down and more than 66 employees at another were fined for failing to comply with the state's licensure law, the first significant levying of fines under the three-year-old legislation.

Richardson Electronics wins federal supply contract

 - 
03/01/2002

HOUSTON, Texas-Richardson Electronics' Security Systems Division has been added to the General Services Administration's list of preferred vendors, allowing the distributor to provide security products to government agencies.

The distributor was given the distinction in late January after a six month application process.

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Poll

SSN News Poll October 2019

Does there need to be more diversity within security?

As security becomes a top industry in which to build a career, the industry is seeing a shortage of qualified, diverse candidates. This month’s poll focuses on recruitment and diversity in security.