Archive: May 2004
IASG acquires business from Alliant for $14.5M in cash
May 27, 2004Jeffrey Sanders
May 27, 2004
ALBANY, N.Y. - Integrated Alarm Services Group, an operator of several central stations and security installation businesses, acquired out of bankruptcy the alarm contract portfolio and other key assets of Alliant Protection Services, a Glendale, Calif.-based security alarm company for $14.5 million in cash.
In January, Alliant filed for Chapter 11 protection at Central District of California, through its Los Angeles division. Thomas K. Rankin and Sherman Brawner founded the company...
Largest U.S. guard company pursues Barton Protective
May 27, 2004Chelsie Woods
May 27, 2004
KING OF PRUSSIA, Pa. - Continuing on its path to build the largest guard service company in the United States, Allied Security announced plans to buy Barton Protective Services, a company with $300 million in annual revenue.
Plans call for both Allied Security and Barton Protective to retain their respective names. Together, the businesses serve 2,150 customers located in Class-A office buildings, corporate complexes and regional shopping malls.
If Allied succeeds in its acquisition...
OCAA looks to turn divots into dividends
May 27, 2004SSN Staff
May 27, 2004
MARINA DEL REY, Calif. - The Orange County Alarm Association will host its annual golf tournament on Wednesday, June 16, at the Westridge Golf Club in La Habra. The proceeds of the event will benefit the California Alarm Association Youth Scholarship program for children of law enforcement and fire service personnel. The event will also fund OCAA outreach programs, including events that promote interactions between police and fire departments and the alarm industry.
The scholarship...
Verint, IBM deliver network video system at airport
May 27, 2004SSN Staff
May 27, 2004
MELVILLE, N.Y. - Verint Systems and IBM have come together to deliver a network video security system to the Kansas City International Airport as part of a project to improve security at the facility.
As a result of the partnership, Verint will provide analytical software while IBM offers technology that enables video, video management software and networking technology to integrate.
Kansas City International Airport is one of the largest airports in the country. It served 10 million...
Motion detector installed in train yard causes stir
May 27, 2004Jeffrey Sanders
May 27, 2004
PHILADELPHIA - A commercial motion detector found in a rail car storage yard in Philadelphia, was not the making of a terrorist plot, according to the FBI and Southeastern Pennsylvania Transportation Authority. Rather, a full-time SEPTA employee, who also works part time for an unnamed security company, installed the device in order to be alerted when his supervisors approached.
A SEPTA employee found the device in a rail yard near the 30th Street Station, on Track #11 in...
Honeywell secures school contract for messaging system
May 27, 2004SSN Staff
May 27, 2004
MINNEAPOLIS - Honeywell Building Solutions has won a contract to provide a web-based emergency and everyday messaging system to Wayne County Public Schools in North Carolina, one of the largest school systems in the area.
The project calls for the installation of Honeywell’s Instant Alert system, which delivers messages via a telephone, mobile phone, email, PDA or pager. It will be used to send alerts to parents and guardians of the 19,000 students that attend the 31 schools...
ADT employees face questioning by SEC
May 20, 2004Chelsie Woods
May 20, 2004
WEST WINDSOR, N.J. - Former and current employees of Tyco’s ADT Security Services division have been subpoenaed by the Securities and Exchange Commission to testify on how the company accounted for a connection fee it previously charged its authorized dealers.
The inquiry comes after Tyco restated its earnings for the first three quarters of 2001, a restatement that lowered the company’s earnings by $125 million. At that time, auditors found ADT had...
Balfour Beatty to sell Andover Controls, other security businesses
May 20, 2004SSN Staff
May 20, 2004
PALATINE, Ill. - The U.K.-based building management firm that owns Andover Controls, Integral Technologies and Security International has decided to exit the security market and plans to sell those businesses to Schneider Electric for $403 million.
Balfour Beatty announced the sale this week. Company officials said Balfour Beatty wants to focus on its core engineering and construction business and the building automation and security business needs more attention.
According to Dave...
NFPA moves forward with 730, despite objections
May 20, 2004SSN Staff
May 20, 2004
QUINCY, Mass. - Although this year’s National Fire Protection Association’s annual meeting is just gearing up, many members and industry professionals are looking to next year’s conference when NFPA 730 returns to the table.
Whether the guideline, which attempts to set a minimum amount of security in various locales such as hospitals, museums and office buildings, passes is anyone’s guess.
Many professionals who would...
Walmart’s RFID requirement spurs new products and services
May 20, 2004SSN Staff
May 20, 2004
BOCA RATON, Fla. - ADT Security Services, a division of Tyco Fire & Security, has introduced a new line of products and services aimed at Walmart’s radio frequency identification deadline of January 2005. The retailer’s top 100 suppliers must place RFID tags on all cases and pallets entering the retailer’s facilities by the beginning of the year.
ADT’s Sensormatic SensorID RFID Launch package features hardware, software and services. Designed for consumer...