Archive: February 2005
Alarmforce restates financials to come up to speed with accounting procedures
February 24, 2005SSN Staff
February 24, 2005
TORONTO, Ontario - In late February, Alarmforce Industries announced it restated its financial statements for the first three quarters of the year that ended Oct. 31, 2004, and the corresponding three quarters and annual figures for the year that ended Oct. 31, 2003, to comply with Canadian accounting procedures.
The company’s decision to restate its financials for the first three quarters of 2004 was based on its failure to adopt a new accounting policy, released by The...
Axis orbits into Canada
February 24, 2005Jeffrey Sanders
February 24, 2005
CHELMSFORD, Mass. - As demand for IP-based security products continues to surge worldwide, Axis Communications established a sales office in Toronto this month to create a broader market reach of the company’s technology.
“We decided to start focusing on that market with IP video and surveillance solutions,†said Fredrik Nilsson, general manager at Axis Communications. “We are obviously looking to grow our business...
Panasonic restructures to combine related technologies and operations
February 24, 2005Rhianna Daniels
February 24, 2005
SECAUCUS, N.J. - Panasonic Corp. of America announced the formation of Panasonic Systems Solutions Company of America in January as part of a company-wide initiative to combine related technologies and operations.
PSSA, formerly known as Panasonic Digital Communications & Security Company, combines the Security Systems, Vision Systems and Information Systems divisions. The organization was also expanded by adding the company’s Corporate Systems operation, which...
Eclipse offers security dealers brochure materials
February 24, 2005SSN Staff
February 24, 2005
Newport Beach, Calif. - Identifying how costly promotional materials are to produce, Eclipse Marketing introduced a program this month that enables security dealers to purchase brochures in quantities both small and large.
Eclipse is a marketing and design firm that focuses on the integration and builder markets. The materials include the benefits of alarm systems, including the protection of property and cost savings when security systems are installed during the construction...
U.S. Navy awards fire company contract worth $52K
February 24, 2005SSN Staff
February 24, 2005
SEATTLE - Western Fire & Safety Company received a contract from the U.S. Navy worth approximately $52,000 for fire fighting, rescue and safety related equipment.
The Naval Supply Systems Command’s Fleet & Industrial Supply Center Puget Sound granted the contract to provide carbon fiber cylinders, or oxygen and carbon dioxide tanks, used by fire fighters.
Based here, the fire installation company services, supplies and installs land and marine fire detection and suppression...
SIA motors on for education
February 24, 2005SSN Staff
February 24, 2005
ALEXANDRIA, Va. - The Security Industry Association will host the Second Annual Ride for Education in Las Vegas on the day after the close of ISC West.
The proceeds from the guided motorcycle ride, which will be held on Saturday, April 9, will benefit SIA’s Education Grant Fund. The cost is $30, plus the cost of a bike rental.
The ride will take participants through the Nevada desert and includes a catered lunch by Smokin’ Sams. More than one dozen riders took part...
Microtec finds more time
February 17, 2005SSN Staff
February 17, 2005
ST-AUGUSTIN, Quebec - In early February, Microtec Enterprises, a full-service security firm, obtained another extension of its operating time under Canada’s Companies’ Creditors Arrangement Act - similar to a Chapter 11 filing in the United States - until March 11.
The company has been operating under court protection since the initial order was approved on Nov. 11, 2004. Microtec had made numerous attempts to address the needs to its creditors, which provided the...
Identix identifies $1M contract
February 17, 2005SSN Staff
February 17, 2005
MINNETONKA, Minn. - An unnamed state law enforcement agency renewed its product contract with Identix Inc., awarding the multi-biometric technology company a new purchase order valued at more than $1 million.
Under the terms of the deal, the company will provide and install its recently launched Identix TouchPrint Enhanced Definition 3000 Series of live scan systems. The installation, which is slated for completion this year, replaces and upgrades existing Identix live scan systems.
The...
Activcard and Lenel partner for access solution
February 17, 2005SSN Staff
February 17, 2005
FREMONT, Calif. - ActivCard Corp, a developer of identity assurance products, announced a joint distribution agreement with security product provider Lenel Systems International in mid-February.
Through this agreement, the two companies will jointly market a solution for physical access to facilities and logical access to networks. According to a press release, the combined solution, which combines ActivCard’s Enterprise Active Card and Lenel’s OnGuard ID Credential...
Markland acquires surveillance and security firm for $10M
February 17, 2005SSN Staff
February 17, 2005
RIDGEFIELD, Conn. - Homeland security company Markland Technologies, through an acquisition of a shell company, purchased Genex Technologies in a cash and stock deal valued at $10 million.
Markland paid $3 million in cash for the company through Technest Holdings. Genex, which has 20 patents either issued or pending in video and imaging technologies, supplies imaging, surveillance and security sensor technologies.
In particular, Genex develops surveillance technologies for object...