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Protection One on positive watch by Fitch, after debt restructuring plan announced

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01/01/2005

NEW YORK - Fitch Ratings has placed Protection One’s ‘CC’ senior unsecured and ‘C’ senior subordinate ratings on Ratings Watch Positive, the company’s first upgrade on its notes in more than one year.

The move follows Protection One’s announcement in November that it has reached an agreement with affiliates of the Quadrangle Group, the company’s largest creditors and its majority equity holders, on a debt restructuring plan that would reduce the company’s total debt by approximately $190 million to roughly $356 million.

Lauraan Corp. begins trading, takes walk on acquisition trail

SSN Staff  - 
01/01/2005

DALLAS - Home automation and security provider Lauraan Corp. began publicly trading in mid-November and hit the acquisition trail with plans to purchase three Syslync locations across the country.

Briefs

SSN Staff  - 
12/01/2004

Companies team up for home automation solution
LIVERMORE, Calif. - Home Director and Home Logic have formed a partnership to license and further develop a home automation and control system for structured wiring markets.

Security Networks steps up to bat

Florida-based company shifts growth plans into high gear, acquires residential accounts
 - 
12/01/2004

WEST PALM BEACH, Fla. - Fresh off its recent acquisition of 3,000 accounts from Pilot Home Technologies in North Carolina, Security Networks is in the midst of a growth plan designed to bump the company’s business in the southeast corridor of the United States.

Brink’s updates details of unpaid taxes

SSN Staff  - 
12/01/2004

RICHMOND, Va. - In The Brink’s Company’s quarterly report, company officials revealed that it has yet to be assessed penalties and fines associated with a non-U.

Pilot steers away from security, Security Networks swoops in

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12/01/2004

WEST PALM BEACH, Fla. - Pilot Home Technologies has purged its security accounts, choosing instead to focus on its satellite installation business.

GE’s new program has added benefits for dealers, builders

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12/01/2004

ARDEN HILLS, Minn. - Being a GE Security dealer has its benefits and now the company has just added one more.

Home Technologies completes $2.5 million investment

SSN Staff  - 
12/01/2004

BELLEVUE, Wash. - Looking to further fuel its expansion plans, Home Technologies has secured $2.

Lining up: Medium-sized homebuilders first up for Firstline’s builder program

 - 
12/01/2004

OREM, Utah - Almost three years into their tenure as a residential security provider, Firstline Security is another company that is using residential homebuilders as a way to increase installation numbers.
A program, called Secure Community powered by Firstline Security, was developed by the company to work with residential builders to create pre-wiring and security system installations at the point of new construction.

Briefs

SSN Staff  - 
11/01/2004

AlarmForce reveals record 2004 third-quarter results
TORONTO, Ontario- AlarmForce, a manufacturer and installer of two-way voice home alarm systems, has announced record level results for revenue, cash flow and earnings per share for the third quarter ending July 31.

Revenue for the period rose 20 percent over the same period last year.

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Poll

SSN News Poll January 2017

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?