Archive: October 2013
Honeywell donates more than $250,000 in protective gear and cash to fire departments
October 31, 2013SSN Staff
COLORADO SPRINGS, Co.— Honeywell has honored the work of firefighters who battled blazes around Colorado Springs in 2012 and 2013, giving more than $250,000 in protective gear to six volunteer departments, and cash donations to others, Honeywell announced Oct. 30.
The companies who received donations fought the Waldo Canyon fires in 2012 and the Black Forest fires in 2013.
Honeywell employees gave to the Honeywell Humanitarian Relief Fund to support Colorado Springs in the aftermath of...
DTT lands $60M credit facility
October 30, 2013Martha Entwistle
LOS ANGELES—DTT Surveillance, which announced in July that it would open a new office in Las Vegas, hire 500 new employees and enter two new vertical markets, now has $60 million to expand on those plans.“It's fuel for the fire,” Sam Naficy, DTT president and CEO, told Security Systems News. “We've had strong growth in our core hospitality space and our two new vertical markets—specialty retail and the convenience store space, which we launched in July—have done...
Vision wages legal battle over negative posting on Ripoff Report
October 30, 2013Tess Nacelewicz
OREM, Utah—Vision Security, a summer-sales home security/home automation company here, is suing Ripoff Report, charging that the website is refusing to remove false and defamatory statements about Vision even after the author of the posting has since stated they aren't true. Also, Vision contends, Ripoff Report won't refute the comments unless Vision pays the site a fee.
The lawsuit was filed earlier this month in federal court in Utah against XCentric Ventures, the Arizona-based...
Pivot3 gets $14m infusion
October 30, 2013Martha Entwistle
AUSTIN, Texas—Pivot3's new $14 million credit facility will propel the storage provider's move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.The funds will “drive the channel partnerships” for those bigger deals, Thierry said, which in turn will create “sustained profitability [for the company], which is what we're really after.”Pivot3, which makes converged storage and compute...
Security alarm helps police nab repeat robber
October 30, 2013SSN Staff
NEWTON, Mass.—A Boston man has been found guilty and deemed a habitual offender for breaking and entering into a home here and stealing more than $500,000 worth of jewelry and art, Boston.com reported Oct. 29. A home security alarm helped police catch the thief.
When George Correa and unidentified accomplices broke into the home in 2009, Correa tried to disarm the home's security system by ripping it from the wall, the news report said. But the alarm went off, calling police who found Correa's...
IQinVision, exacqVision secure Community Health Network
October 30, 2013SSN Staff
SAN JUAN CAPISTRANO, Calif.—The Indianapolis-based Community Health Network recently installed an exacqVision-IQinVision video surveillance solution, IQinVision announced Oct. 29. IQinVision offers high-definition mexapixel IP cameras.
Koorsen Security Technology designed and installed the project, made up of exacqVision Hybrid Servers and IQinVision HD megapixel cameras, according to the news release. The system secures Community Health Network's data center through constant video monitoring...
Linear hosting dealer webinar Nov. 6
October 30, 2013SSN Staff
CARLSBAD, Calif.— A single negative rating online can hurt a business for years, but great reviews can drive business up, making it worthwhile for dealers to generate testimonials and case studies to manage their online reputations, according to Linear, a provider of residential and commercial access control solutions, based here.
The company will host a free, interactive webinar next month on how to do that. “The Case for Testimonials and Case Studies,” will take place at 1 p.m....
Shaw joins Tech Systems Inc
October 30, 2013Martha Entwistle
Sharon Shaw, who is well known in the security industry as an evangelist of managed services, a skilled trainer and director of education, has taken on a new role at Tech Systems Inc, an Atlanta-based systems integrator.
Shaw was formerly president of Integrator Support, and director of education for PSA Security. (She's also part of my TechSec Advisory board. )
Here's a link to a story I wrote about Tech Systems Inc. in January. TSI appears to be a great fit for Shaw's skills. She told me she was...
This Blog's on Fire (And Other Stuff)
SAFE Security acquires thousands in accounts, RMR
October 30, 2013Tess Nacelewicz
The good news keeps on coming from SAFE Security. I just wrote recently how the San Ramon, Calif.-based company—celebrating its silver anniversary this year—has doubled in size. Now, SAFE has announced this week that it has acquired more than 16,000 accounts, representing $650,000 in RMR.
The new accounts are CastleRock Security residential and commercial alarm monitoring subscriber accounts.
“These accounts fit very nicely into our U.S. and Canada footprint,” Paul Sargenti,...
Ascent Capital's largest stockholder sells half of his preferred shares
October 30, 2013Leif Kothe
Some intriguing financial news out of the Monitronics/Ascent Capital camp. Ascent Capital Group's largest direct stockholder, media mogul John Malone, recently sold half his preferred shares—worth $32.7 million in cash—back to the company, according to a news release from Ascent Capital. The divestment comes nearly three years after Ascent acquired Monitronics in a $1.2 billion deal.
Malone, who sold 351,734 shares, now owns the same number of Series B shares, plus 198,540 Series A shares,...