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ADS set to focus on growth

 - 
04/01/2004

NASHVILLE, Tenn. - In a move designed to transfer more manpower on acquisitions, ADS Security has restructured its upper management team with the promotion of Ed Pedersen to senior vice president of branch operations.

BBB revokes Stealth Alarm’s membership

SSN Staff  - 
04/01/2004

CALGARY, Alberta - Stealth Alarms, a security company here, has had its membership revoked by the Better Business Bureau because of complaints.

One customer said she wasn’t being protected at all.

Briefs

SSN Staff  - 
04/01/2004

AlarmForce pre-tax earnings up
TORONTO - AlarmForce Industries, a manufacturer and installer of home alarm systems, has announced its pre-tax earnings rose 49 percent in 2003 versus 2002.

Joel Matlin, president and chief executive officer of the Toronto-based company, attributed the positive numbers to record-breaking growth and profit levels in 2003 along with an increased customer base.

Interface acquires CSSI

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03/01/2004

EARTH CITY, Mo. - Interface Security Systems LLC has completed the acquisition of Control Security Systems Inc.

Lack of licensing opens door to fraud in Colorado

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03/01/2004

DENVER - A former Parker, Colo., resident has been

indicted under a state grand jury for defrauding several area businesses and individuals of more than $100,000 in cash in connection with his failure to install security systems.

Pro One sale final

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03/01/2004

TOPEKA, Kan. - The long saga of the sale of Protection One ended in mid-February, when former parent company Westar Energy finalized its sale to New York-based investment firm Quadrangle Group LLC. Quadrangle paid Westar $122 million for Protection One, which comprises more than 2,300 employees and more than a million commercial and residential customers, and all of its debt. Westar acquired the company in 1997 for $320 million. For Richard Ginsburg, president and chief executive officer of Protection One, after 14 months of rumors about the company's future, the completion of the sale is a relief.

Couple sees an opportunity, start own alarm company

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03/01/2004

WINCHESTER, Va. - While working for an electrical contracting company that installed security and fire alarms on the side, husband and wife Barry and Kathleen Horton witnessed the “tremendous growth potential” in security first hand.

Tyco may soon sell Sonitrol

Changes also in the works at ADT to improve overall profitability
 - 
03/01/2004

NEW YORK - According to a company executive, Tyco International’s Fire & Security division may soon shed its Sonitrol alarm monitoring unit.
Tyco Fire & Security President Dave Robinson made the announcement on Wednesday during a conference call at Tyco’s investor meeting here.

Briefs

SSN Staff  - 
03/01/2004

Bresina to head Eagle Broadband’s security division

LEAGUE CITY, Texas - Eagle Broadband has hired industry veteran Don Bresina as general manager of security and financial services. In this newly created position, Bresina will be responsible for leading Eagle’s security division, the company’s strategic business investment and mergers and acquisitions activities, as well as assisting Eagle’s broadband customers with their financing needs.

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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