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Dealer program creeping out of its shell

 - 
10/01/2003

Despite the sluggish economy, credit-shy investment banks and the general bad rap that they have accumulated over the past year, dealer programs are making a comeback in the security industry, attractive to both large and small dealers looking to take advantage of opportunities to grow their business.

While two smaller dealer programs have launched to independent dealers, one from Microtec Security in Canada, and another from Eagle Broadband Security in Texas (see related stories), and two more larger scale ones reportedly on the horizon, it appears that the market is recovering from the past year of high-profile troubles in some of the industry’s largest programs.

Taking security mobile with GPS

Company to delve into $8 billion in-vehicle market
 - 
09/01/2003

BOCA RATON, Fla. - To capture more of an increasingly mobile customer base, ADT has unveiled a new consumer offering that will monitor the location of a vehicle via GPS and provide in-vehicle access to emergency and concierge-type services.

Briefs

SSN Staff  - 
09/01/2003

Brink’s shows strong profits for Q2

RICHMOND, Va. - Revenues at Brink’s Home Security rose nine percent to $76.

Microtec earnings, revenues decline

SSN Staff  - 
09/01/2003

SAINT-AUGUSTIN, Quebec - Microtec Enterprises Inc. reported lower revenues from monitoring and services but also reduced expenditures, company officials announced in mid-August.

Alarm firm sued for scamming

ABC Alarm used unethical sales practices, officials said
 - 
09/01/2003

HARTFORD, Conn. - State officials here are suing the two principals of a Milford alarm company on charges that the company bilked its residential alarm customers by installing defective equipment and then billing the customers for services that were never performed.

Utility holding steady with Pro One sale

 - 
09/01/2003

TOPEKA, Kan. - Despite a new plan that frees the company from specific debt-reduction timelines and targets, Westar said it will proceed with the sale of Protection One, calling it the best option for reducing Westar’s $3 billion debt load.

Eagle to focus on security unit

New division to grow “rapidly” with dealer program
 - 
08/01/2003

HOUSTON - In an effort to capitalize on the company’s recurring revenue model, broadband services company Eagle Broadband has formed a new security division that will streamline the company’s disparate security operations and pave the way for growth.

Through the formation of Eagle Broadband Security Home Division, the company has channeled the sales and installation of its more than 6,000 accounts from several Eagle Broadband companies into a new, single staff of about 20 employees, said Dean Cubley, chairman and chief executive officer of Eagle Broadband.

Briefs

SSN Staff  - 
08/01/2003

Westar completes sale of Pro One Europe

TOPEKA, Kan. - Officials from Westar Energy said in late June that its subsidiary, Westar Industries, had closed the sale of Protection One Europe to two investment funds managed by ABN Amro Capitol France.

Brink’s adds new e-learning tools

 - 
08/01/2003

IRVING, Texas - Brink’s Home Security has incorporated an e-learning program that will enable all of its employees, including central station operators who work the graveyard shift, to take part in the new continuing education courses.

The program was launched to the company’s 2,500 employees a few months ago after a year of work to get a web-based portal and courses online.

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Poll

SSN News Poll July 2015

Studies show a correlation between having women in the boardroom and profitability. And yet, there remains a dearth of women in the security industry. Some organizations, including SIA and the Women's Security Council, are actively working to expand the number of professional women in the security industry. What is your company doing? Why do you think there are so few women in the industry?

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