Archive: 2012
Devcon 'getting back to core business'
December 28, 2012Martha Entwistle
NEW YORK—At the Imperial Capital Security Investor Conference here on Dec. 13, Devcon's chairman of the board, Christopher Munday, spoke frankly about the company's challenges in the past couple of years—including an ill-fated branch expansion. He confirmed that the company is actively seeking a buyer and shared several operating and financial metrics to support his assertion that the company is on strong footing.
In 2010 and 2011, Devcon hired many former Brink's Home...
Insurer sues over false alarm
December 28, 2012SSN Staff
BATON ROUGE, La.—An insurer that paid out in excess of $2 million following a restaurant fire caused by arson last year is suing the businesses that installed the restaurant's alarm system and phone line to the system, according to an article from The Advocate, a newspaper based here.
Transportation Insurance Co., which paid Mike Anderson's Seafood Restaurant more than $2 million after the December 2011 fire, alleges Custom Security Systems failed to monitor the security system, which included...
Atlanta suburb begins fines for false alarms
December 28, 2012SSN Staff
SANDY SPRINGS, Ga.—This suburb north of Atlanta is about to join the growing group of Georgia cities fining alarm system owners for excessive false alarms that result in police or fire dispatch, according to 11 Alive, an Atlanta-based NBC affiliate.
Sandy Springs' new false alarm ordinance will take effect in the first few months of 2013. The ordinance will require system owners to register with the city.
Sandy Springs police are hopeful that the ordinance will drastically reduce the number...
PSIM market to grow, report says
December 28, 2012SSN Staff
NAPERVILLE, Ill.—A new report prepared by market analysts at TechNavio says the global Physical Security Information Management (PSIM) market is expected to grow at a CAGR of 30.34 percent over the period 2011-2015.
Key factors contributing to market growth, according to the report, [http://www.reportstack.com/product/91833/global-ph... include the increasing number of “smart cities,” and the higher rate of market consolidation.
A factor that could pose a challenge to such growth...
FutureSentry and Mi5 team up
December 27, 2012Martha Entwistle
MIAMI—FutureSentry and Mi5 Security in December announced a new partnership that will open up new markets for the two companies and provide a new solution for integrators working on critical infrastructure and other projects in remote locations.FutureSentry, based here, is a provider of automated detection solutions, notably its First Responder platform. New Zealand-based Mi5 Security makes wireless outdoor surveillance cameras called RedEye.RedEye cameras are battery- and solar-powered and...
Tribal business is specialty of Oklahoma company
December 26, 2012Tess Nacelewicz
BROKEN ARROW, Okla.—Oklahoma has one of the greatest concentrations of American Indian tribes in the nation, and tribal businesses are an important vertical for York Electronic Systems, which is based here.
“We specialize in education, health care and houses of worship and we do commercial and industrial,” said Jennifer Jezek, president of the integration firm founded by her parents in 1984. “We also specialize in Native American businesses,” which range from schools...
Loud Security wins two Business of the Year awards
December 26, 2012SSN Staff
KENNESAW, Ga.—Loud Security Systems recently received the Kennesaw Business of the Year award and the Acworth (Ga.) Business of the Year award, according to a company statement.
“Winning one of these awards has long been a goal of Loud Security, but to win both of them in one year is outstanding,” said John Loud, owner of Loud Security, in the statement. “It is a testament to our employees and our commitment to our local communities. We are so honored.”
In recent...
Florida university receives $500,000 gift from ADT
December 26, 2012SSN Staff
BOCA RATON, Fla.—The Florida Atlantic University athletics department recently received a gift of $500,000 for its stadium from ADT, according to a company statement. In appreciation, a large clock featuring the company's logo will be mounted on the exterior of the stadium.
“I would like to express my sincere appreciation to ADT for this gift,” said FAU President Mary Jane Saunders. “We are proud to display the ADT clock at our stadium, where it will serve as a constant reminder...
GVTC partners with Honeywell
December 26, 2012SSN Staff
SMITHSON VALLEY, Texas—The Guadalupe Valley Telephone Cooperative is partnering with Honeywell to launch the co-op's next generation of security services for residential and business customers, The Gonzales Cannon reported Dec. 20.
The new features include remote capabilities that allow customers to access services from any Internet-capable mobile device. The features also enable customers to arm or disarm their security systems remotely, and to receive notifications about events in the home...
San Francisco company to upgrade fire system at landmark
December 21, 2012Tess Nacelewicz
SAN FRANCISCO—The Marin County Civic Center, designed by Frank Lloyd Wright, is a marvel of modern architecture with an old and outdated fire alarm system. Now, however, U.S. Electric Technologies, based here, has been awarded a contract of up to $2 million to upgrade the system.“It's a very prestigious project,” Kevin Green, branch manager for California-based Pyro-Comm Systems, told Security Systems News. Pyro-Comm is a U.S. Electric subcontractor on the job, providing the equipment,...