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Briefs

SSN Staff  - 
01/01/2005

AlarmForce announces record
TORONTO - AlarmForce Industries is celebrating the end of its 2004 fiscal year with a record number of new subscribers.

In November, the company announced that its new subscriber installations totaled 11,500 for the year ending Oct.

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.

Microtec’s refinancing plan forges ahead with firm’s help

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01/01/2005

ST-AUGUSTIN, Quebec - Microtec Enterprises ended its year on a high note of sorts, announcing an agreement with Securex Investments to develop a new alarm entity that combines subscribers from both companies.

The plan calls for 100,000 Microtec alarm subscribers to be grouped with 18,000 alarm subscribers with Securex Master Limited Partnership under a new entity, according to Len Suderman, president of Securex.

Security Networks steps up to bat

Florida-based company shifts growth plans into high gear, acquires residential accounts
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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

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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.

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Poll

SSN News Poll September 2015

The Millennial generation, those born between 1980 and 2000, were discussed at ESX. Panelists at the show discussed how to best train the generation in monitoring centers. Others noted that they’re a driving force behind the home automation and DIY market. How do Millennials affect your business?

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