LAWRENCE, Kan.--Protection One continued to reduce its indebtedness in late June as the company cut down its existing debt by $15 million, while at the same time expanding its operations in both the residential and commercial sectors.
APTOS, Calif.--Two competing independent alarm businesses are consolidating efforts in a move that will solidify the combined entity's position as one of the largest security companies in the Monterey Bay region of California.
ST. AUGUSTIN, Quebec--After struggling to reorganize the company for three years amid debt it acquired during the mass marketing age, Microtec Enterprises' shareholders approved a recapitalization plan in June that makes Microtec a wholly owned subsidiary of First National AlarmCap.
MARSHALL, Va.--Silent Partner Security Systems launched an advertising campaign earlier this year that owner Sam Rogers anticipates will assist with the company's goal of tripling the size of its residential division by the end of 2005.
EDMONTON, Alberta--Voxcom Income Fund announced on June 21 that it purchased approximately 1,000 additional customer accounts in Alberta from Stealth Alarm Systems.
Voxcom originally purchased 16,000 Alberta-based accounts from Stealth last December.
John Bergher, EVP of marketing and customer care for Sacramento, Calif.-based GHS Interactive Security, talks to Tess about the partnership GHS formed this spring with Solar Universe to offer homeowners a solution combining security, home automation and solar.