Archive: July 2004
Analytical, streaming video firms partner for solution
July 29, 2004Chelsie Woods
July 29, 2004
WASHINGTON - After a year of development, technology firms VistaScape Security Systems and Broadware Technologies announced this week their systems are now compatible to offer a turnkey video surveillance solution for advanced applications.
The companies have come together to marry VistaScape’s analytical video surveillance system with video streaming, storage and distribution capabilities from Broadware Technologies. The result is two systems that work together with...
Analytical, streaming video firms partner for solution
July 29, 2004Chelsie Woods
July 29, 2004
WASHINGTON - After a year of development, technology firms VistaScape Security Systems and Broadware Technologies announced this week their systems are now compatible to offer a turnkey video surveillance solution for advanced applications.
The companies have come together to marry VistaScape’s analytical video surveillance system with video streaming, storage and distribution capabilities from Broadware Technologies. The result is two systems that work together with...
Viisage to introduce 7.2 million shares of common stock
July 29, 2004Jeffrey Sanders
July 29, 2004
BILLERICA, Mass. - Identity verification company Viisage is in talks with potential investors about a proposed sale of 7.2 million new shares of common stock.
Based on the closing price of its stock on July 28 of $6.35, Viisage is poised to raise approximately $45 million as a result of the sale.
Viisage filed a registration statement in June with the Securities and Exchange Commission to sell the shares. At that time, the company said it would offer the shares during the third quarter,...
Diebold does it again, buys Va. integrator
July 29, 2004Chelsie Woods
July 29, 2004
NORTH CANTON, Ohio - Systems integrator Diebold Inc. appears to be on an acquisition streak. This week the company announced it bought Richmond, Va.-based Applied Systems Technologies, a deal that follows on the heels of its purchase of TFE Technology.
The purchase represents the third this year for the systems integrator. Along with buying TFE Technology, Diebold bought a company called NCI in Virginia earlier this year.
“From a corporate perspective, we’ve...
Fiber optic trainer to move into new location
July 29, 2004SSN Staff
July 29, 2004
TUKWILA, Wash. - The Light Brigade, a company that develops training programs centered around the installation of fiber optics, will move into a new facility next week that combines the company’s administration and classroom training under one roof.
The new facility features three new classrooms focusing on applications such as fiber to the home, fiber to the desk and video systems. The 10,000-square-foot facility is located 10 miles south of Seattle.
According to Larry Johnson,...
Fargo Electronics’ second quarter earnings slightly up
July 29, 2004SSN Staff
July 29, 2004
MINNEAPOLIS - Fargo Electronics experienced a slight increase of revenue for the second quarter, which ended June 30, compared to the same time period a year prior.
The company reported $17,545,000 in net sales for the quarter, up $1,053,000 from the second quarter of last year. The company’s net income for the three-month period was $1,747,000, which was consistent with its $1,766,000 net income for the same time in 2003.
Fargo provides equipment and supplies to produce plastic...
DIY security systems add confusion to the market
July 22, 2004Rhianna Daniels
July 22, 2004
ST. PAUL, Minn. - Installers may have been wary of security systems sold to the do-it-yourself market in electronic and home improvement stores in the United States, but the moderate success of the program may calm some anxiety.
“A lot of dealers have been concerned over this,†said Steve Craig, director of sales and marketing at GE - manufacturer of the SmartHome line at Circuit City, Lowe’s and Home Depot stores in selected cities....
Eagle Broadband postpones special shareholder meeting
July 22, 2004SSN Staff
July 22, 2004
LEAGUE CITY, Texas - Eagle Broadband has postponed a special shareholder meeting. The meeting, originally scheduled for Tuesday, July 20, was shelved because the required number of members needed for the meeting was not reached.
The meeting was scheduled to approve the company’s yearly employee stock compensation plan. A new date has not been determined.
Eagle Broadband provides broadband and communications services as well as security bundled digital services.
Vindicator is the latest purchase for Honeywell
July 22, 2004SSN Staff
July 22, 2004
SYOSSET, N.Y. - Honeywell continues to expand its reach in the security market, announcing earlier this week that it bought Vindicator Technologies, a manufacturer of integrated electronic security systems sold to the government, corrections and industrial applications.
Vindicator will be part of the Honeywell Access Systems business unit, led by John Lorenty. Terms of the transaction were not released.
According to Rick Gross, president of Vindicator Technologies, an Austin, Texas-based...
Siemens to install fire system in L.A. medical center
July 22, 2004SSN Staff
July 22, 2004
BUFFALO GROVE, Ill. - Siemens Building Technologies has been selected to provide the fire detection, voice evacuation and smoke purge systems in the new Los Angeles Medical Center, a facility scheduled to open in 2007.
The 912,000-square-foot facility is part of the Kaiser Permanente healthcare system and will serve as its Southern California center for cardiovascular surgery, pediatric intensive care, neurosurgery, spine surgery and high-risk pbstetrics.
As part of the project, Siemens...