Archive: July 2010
This Blog's on Fire (And Other Stuff)
New dates for ESX 2011
July 30, 2010Tess Nacelewicz
Just got this in my inbox. ESX has changed the dates of next year's conference to June 6-10. I'm happy to hear that as I believe it was originally going to conflict or be back to back with the NFPA show.
Here's the text of the press release:
ESX Changes Dates For 2011 Event
Event to Take Place in Charlotte During the First Week of June
July 30, 2010 - Today the Electronic Security Expo (ESX), owned and sponsored by the Electronic Security Association (ESA) and the Central Station Alarm Association...
Stanley Security Solutions appoints Craig Baldino to chief financial officer "Mechanical Access Solutions"
July 30, 2010SSN Staff
INDIANAPOLIS, Ind. - Stanley Security Solutions on July 29 announced the promotion of Craig Baldino to CFO for the Mechanical Access Solutions (MAS) platform. Baldino will have leadership responsibilities for the MAS Finance organization globally.
Baldino joined Stanley Security Solutions in 2007 as the Chief Financial Officer for the Mechanical Solutions Division. Prior to joining Stanley, Baldino worked at Ingersoll Rand for 10 years.
PerMar RMR sales up
July 30, 2010SSN Staff
DAVENPORT, Iowa—Executives at PerMar Security, a Midwestern super-regional, attribute a jump in RMR sales this year to new services on the commercial and residential side of the business.
"Our RMR sales year-to-date is up 37 percent over the same period last year," said Brad Tolliver, vice president of Per Mar's Electronic Security Division. And the fourth quarter is looking promising as well, he said. "There's been a lot of media concern about the market going down, but we see it moving forward....
This Blog's on Fire (And Other Stuff)
ADT lawsuit settled
July 29, 2010Tess Nacelewicz
A patent lawsuit, dating back to 2006, filed by Paradox Security Systems of Montreal originally against ADT and DSC and eventually also including Protection One and Monitronics appears to have been put to rest.
Here's a very convoluted legalese-ridden take on the recent judgment from leagle.com.
Not easy to figure out what happened from that document, right?
A news outlet called Law360 translated that for me. They reported that on July 19 the U.S. Court of Appeals for the Federal Circuit in East...
APX Alarm appoints Kristi Knight as VP of corporate communications
July 29, 2010SSN Staff
PROVO, Utah—APX Alarm Security Solutions, one of the nation's largest residential security alarm companies, announced July 28 the appointment of Kristi Knight as vice president of corporate communications.
Most recently, Knight served as the senior director, corporate communications for Omniture, Inc. where she was responsible for the development of the company's global corporate communications program. During her tenure at Omniture, she oversaw marketing communications, public relations,...
G4S president talks integration strategy
July 29, 2010SSN Staff
PALM BEACH GARDENS, Fla.—News last week that G4S had purchased Nuclear Security Services Corp., an integrator and manufacturer serving the nuclear facility marketplace, should not have been surprising. Coming on the heels of purchases of integration firms Adesta earlier this year and Touchcom two years ago, G4S, touted as the world's largest security firm, is clearly interested in the high-end integration marketplace.
But why?
"It's not that we're acquiring to dominate the systems integration...
Dowley Security announces new sales team leader, new GM in Tulsa
July 29, 2010SSN Staff
HOUSTON, Texas - Dowley Security Systems on July 19 announced Ted Pardee had joined the company as vice president, sales and marketing. Pardee brings more than 19 years of sales and marketing experience with demonstrable strengths in developing and executing customer relationship management (CRM), business development and customer retention programs.
Pardee began his career in 1991 with Telescan, Inc. and went on to become one of the youngest vice presidents at Jupiter Media Metrix. In 2004, Pardee...
Monitronics for sale?
July 29, 2010SSN Staff
DALLAS—Alarm monitoring company Monitronics, based here, may be up for sale. According to reports published July 29, Boston-based private equity firm Abry Associates, which backs Monitronics, has announced its intent to sell the monitoring company and expects to see as much as $1 billion from the sale.
Monitronics VP Mitch Clarke said the company had no comment on a potential sale.
Calls to Abry were not returned by press time.
Monitronics, which in late 2009 launched highly focused, mandatory...
IdentiSys acquires Card Solutions
July 29, 2010SSN Staff
EDEN PRAIRIE, Minn.—IdentiSys announced last week the acquisition of Card Solutions Corporation, an ID reseller serving the Florida market from West Palm Beach down to Key West. Former owners Richard and Barbara Beecher will remain with IdentiSys, continuing to provide ID management, card issuance, and security solutions to the healthcare, education, casino, corporate, financial, emergency management, and government markets in South Florida.
This is IdentiSys' fourth acquisition since 2007,...
Diebold down 5%, but how'd security do?
July 29, 2010Martha Entwistle
Diebold put out their 2Q results yesterday and it's yet another sign that the boomtimes aren't exactly back: Total revenues are down 5 percent YTD, though down just 4 percent comparing 2Q 2010 to 2Q 2009.
Still, it'd be nice to see some sign of a turnaround, right? (North American revenues are actually down 14 percent YTD!)
The one good thing they can point to is the security segment: “Security orders increased 7% overall driven by year over year increases in non-financial markets.”
But...