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Smith & Wesson awards new brand name licensing agreements

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02/01/2003

SCOTTSDALE, Ariz. - Legendary American handgun maker Smith & Wesson is looking to put its name on more than just firearms.

Dealer files lawsuit against ADT for contract

Lawsuit awaiting approval from New Jersey court to become a class action claim
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02/01/2003

BOCA RATON, Fla. - Charging that ADT Security Services breached its contract when it informed dealers in August 2002 that it was limiting the number of qualified accounts it would purchase, a New Jersey dealer has filed a class action complaint seeking unspecified damages.

Tyco makes string of positive moves

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02/01/2003

NEW YORK - A string of good news for investors has come from Tyco International over the past month, including announcements of financing arrangements, a new financial officer at the Fire and Security division and the results of a long-awaited accounting investigation.

“Big picture-wise for Tyco, everything has been coming up roses,” said Jack Mallon, an industry analyst.

Commissioners to vote on response plan

SSN Staff  - 
01/01/2003

LOS ANGELES -Members of the Los Angeles Police Commission are expected to vote on the city’s verified response policy at a meeting this month, after delaying action on the issue at least once before.

The proposal is being met by strong opposition from local alarm companies as well as homeowners’ groups who fear that the policy, if approved, would slow response time and spell an invitation to burglars.

Chicagoland installation firm grows with tuck-in account buys

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01/01/2003

WOOD DALE, Ill. -With its largest acquisition to date, a low-voltage systems contracting firm based here is working toward its strategy of becoming a dominant player in the Midwest by concentrating on acquiring small scale companies and blocks of accounts.

Pro One not affected by recent Westar management shakeup

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01/01/2003

TOPEKA, Kan. -Despite a high-profile shakeup in the leadership of Westar Energy, led by the indictment of the company’s chief and the resignation of an executive vice president, officials at Protection One said those changes at its corporate parent will have little effect on its own operations.

Eagle finalizes funding arrangements

SSN Staff  - 
01/01/2003

LEAGUE CITY, Texas -A provider of bundled digital services and security and home automation systems has secured a three-phase funding agreement to provide approximately $50 million for its digital services plan.

Eagle Broadband, based here, expects to receive the funding over the next two to four years, with the initial funding from phase two to be received by the end of the year, company officials said.

Statewide company extends reach

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01/01/2003

WEST ROCKPORT, Maine -A family run installation company here that has spent the last 20 years increasing its coverage area within the state has expanded its operations in two growing areas of Maine with additional staff.

With the creation of two new full time positions, Seacoast Security has a presence in the six different regions of the state.

Briefs

SSN Staff  - 
01/01/2003

CompTIA, IHA launch certification program

OAKBROOK TERRACE, Ill. -A new home technology certification has been introduced that is designed to credential technicians who install and maintain networked home security, entertainment and environmental systems.

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Poll

SSN News Poll August 2020

In April, Security Systems News asked readers about the impact COVID-19 was having on their businesses. With many states starting to open up again, this month’s News Poll looks to gauge the state of the industry three months into the coronavirus.