Archive: January 2014
IDV Solutions gets $2 million cash infusion
January 31, 2014Martha Entwistle
LANSING, Mich.—IDV Solutions, a provider of enterprise risk visualization software, on Jan. 22 completed a $2 million second funding round with Plymouth Venture Partners of Ann Arbor, Mich.“We've had exponential growth this year,” Scott Sieracki, IDV Solutions EVP–global sales, told Security Systems News. The funds will be used to fuel more growth through hiring, R&D and, at some point later this year, expansion into the EMEA market.IDV Solutions is privately held and does not...
Hospital leaders to integrators: Learn our unique challenges
January 31, 2014Amy Canfield
DELRAY BEACH, Fla.—Health care facilities have unique security needs and integrators who want those facilities' business would be more successful if they learned what their needs are, according to hospital security directors at TechSec Solutions, held here this week. A common theme at the Jan. 28-29 conference was the need for better communication between integrators and end users, and participants on the “Hospital Security: Checkup on Technology and Innovation” panel were clear...
Honeywell adds high-end resi dealer to network
January 31, 2014SSN Staff
MELVILLE, N.Y.— Honeywell has added life safety and security provider Sonitrol Security Services to its First Alert Professional Dealer Program, the company announced Jan. 29. With locations in Charlotte, N.C. and Greer, S.C., Sonitrol serves high-end residential customers, and commercial and industrial businesses.
Founded in 1984, Sonitrol focuses on loss prevention, intrusion and fire alert, outdoor security, video surveillance and access control systems, offering hosted and managed systems,...
Salient Systems, SureView Immix integrate
January 31, 2014SSN Staff
AUSTIN, Texas—Salient Systems, provider of hybrid video management systems, has integrated CompleteView VMS with SureView Systems' Immix platform, which organizes and manages unlimited monitoring activities into a single platform, the company announced Jan. 30.
Central stations are now able to use the flexibility and power of an enterprise-level video management system for remote monitoring in the Immix system, producing high-quality live video, playback, search, and remote alarm notification...
Matrix Systems announces Frontier leadership
January 31, 2014SSN Staff
MIAMISBURG, Ohio—Matrix Systems, an access control and security solutions provider, has named top-level leadership for Frontier, its manufacturing business, the company said in a Jan. 25 news release.
Matrix split early this year, creating Frontier, a provider of open-architecture security technologies for access control, video management, access control hardware and visitor management systems, and Xentry Systems Integration.
Jeremy Krinitt is general manager and will lead sales, research and...
ADT releases Q1 results—and stock price drops
January 30, 2014Tess Nacelewicz
BOCA RATON, Fla.—The ADT Corp. reported Jan. 30 that ADT Pulse take rates and recurring revenue were up in its latest quarter. But customer growth was below expectations in Q1 and net income decreased 27 percent in that period—and ADT's share price tumbled.
Still, company CEO Naren Gursahaney said ADT is taking steps to ensure future growth—such as making improvements to its dealer program and lead generation process; the introduction of a new mobile security app, ADT Canopy;...
NFPA names NEC Challenge winner
January 30, 2014SSN Staff
QUINCY, Mass.—Derek Vigstol, of Princeton, Minn., won the title of NEC Challenge Champion in a nation-wide challenge to celebrate the National Fire Protection Association's release of the 53rd National Electrical Code.
Vigstol won $5,000, NFPA announced Jan. 30. The code outlines a standard for safe electrical installation and inspection.
“Electrical safety is a serious topic,” Lorraine Carli, NFPA's vice president of outreach and advocacy, said in a prepared statement....
Sizing up Google's smart home play
January 29, 2014Tess Nacelewicz
YARMOUTH, Maine—Security companies should take note of Google's recent expansion into the connected home with its $3.2 billion buy of smart thermostat and smoke alarm maker Nest Labs, industry experts tell Security Systems News.“I think it's an indication that change could well be on the way,” Jonathan Collins, principal analyst for ABI Research, a New York-based technology market intelligence company, told Security Systems News.The deal alone won't have a large direct impact on...
a.p.i. Monitoring adds managed services division
January 29, 2014Leif Kothe
TORONTO—a.p.i Monitoring, a wholesale monitoring company with seven central stations in the U.S. and Canada, is seeing some encouraging early returns from its managed services division, which debuted as a separate unit in November 2013.“We saw a spike in demand for the services,” Lewis Jacobson, director of dealer sales, told Security Systems News. “So it was time to break it out from our regular operations.”The new division concentrates on hosted video and video verification,...
Reflections on the SSN NextGen panel
January 29, 2014Leif Kothe
The informative marathon that was the opening day of TechSec drew to a close with the inaugural SSN NextGen panel discussion, moderated by yours truly, which showcased the perspectives of four honorees from SSN's latest “20 under 40” class. The discussion revolved around four areas of technology—video verification, cellular networks, mobile apps and interactive services—that the panelists identified as crucial points of focus with respect to the industry's future.
As I mentioned...