NEW YORK - When Grande Communications was interested in adding security to its repertoire of services (see related story on page 1), SecTec Global was the company that came in to guide them in the right direction.
SecTec, which is the marketing arm of security manufacturer Electronics Line 3000 in Israel, is focusing on providing security products and training to cable companies wanting to enter the security market.
BELLEVUE, Wash. - A new location for residential systems integrator Home Technologies equals out to more than just fresh space - it consolidates once separated operations and aims at educating potential clients.
ST-AUGUSTIN, Quebec - Microtec Enterprises ended its year on a high note of sorts, announcing an agreement with Securex Investments to develop a new alarm entity that combines subscribers from both companies.
The plan calls for 100,000 Microtec alarm subscribers to be grouped with 18,000 alarm subscribers with Securex Master Limited Partnership under a new entity, according to Len Suderman, president of Securex.
REDONDO BEACH, Calif. - When Don Moore, the president of Moore Protection, was looking to start a marketing campaign to increase his companyÃ¢â‚¬â„¢s high-end residential market share, having a seasoned advertising executive design it was more than he could hope for.
NEW YORK - Fitch Ratings has placed Protection OneÃ¢â‚¬â„¢s Ã¢â‚¬ËœCCÃ¢â‚¬â„¢ senior unsecured and Ã¢â‚¬ËœCÃ¢â‚¬â„¢ senior subordinate ratings on Ratings Watch Positive, the companyÃ¢â‚¬â„¢s first upgrade on its notes in more than one year.
The move follows Protection OneÃ¢â‚¬â„¢s announcement in November that it has reached an agreement with affiliates of the Quadrangle Group, the companyÃ¢â‚¬â„¢s largest creditors and its majority equity holders, on a debt restructuring plan that would reduce the companyÃ¢â‚¬â„¢s total debt by approximately $190 million to roughly $356 million.
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?