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NAPCO promotes two new sales directors
May 1, 2024SSN Staff
AMITYVILLE, N.Y. – Napco Security Technologies, Inc., have announced the recent promotion of two regional sales managers, to Sales Director, Troy Bonnano, for Napco Security & Fire, and Rob Etmans, for Napco Access Pro divisions.
Stephen Spinelli, SVP of Sales for NAPCO Security Technologies, and its divisions said, “Both these sales professionals, joined the Company about 4 years ago, and in a relatively short time have distinguished themselves, with superior sales performance, dedication...
AlarMax welcomes James Ure as vice president of sales & marketing
May 1, 2024SSN Staff
PITTSBURGH – National security, audio visual (AV), and low-voltage products distributor AlarMax has just appointed James Ure as vice president of sales and marketing.
AlarMax pointed to Ure’s rich expertise in product development, business strategy and customer engagement, along with a lifelong enthusiasm for AV technologies that will be an asset to the company as it continues to grow within the residential and pro AV categories.
Ure’s AV career spans 35 years, beginning in...
ASSA ABLOY seeks to ‘protect the bottom line’ in U.S.
May 1, 2024Ken Showers, Managing Editor
STOCKHOLM – As challenges continue to mount in the residential security market in the U.S., ASSA ABLOY is making sure it “adapts cost to the new reality,” says President and CEO Nico Delvaux.
“It's clear that we continue to operate in an uncertain economic climate,” he said. “As I said in previous quarters, we will continue to take advantage of those opportunities we see in the market. There are still regions where we see very good momentum. There...
Allegion off to 'solid start’
May 1, 2024Ken Showers, Managing Editor
DUBLIN – A healthy institutional market helped Allegion plc beat earnings estimates in the first quarter (Q1) of 2024, the fourth quarter in a row.
“Allegion is off to a solid start in 2024, and I'm very proud of our entire team,” Allegion CEO John Stone told investors. “Institutional markets remain healthy as we expected, our team continues to leverage our capabilities in spec writing, made-to-order manufacturing and strong distribution partnerships to best serve...
myQ expands ecosystem with launch of first smart indoor camera
May 1, 2024SSN Staff
OAK BROOK, Ill.—myQ has unveiled the latest evolution in its Smart Access Ecosystem with the launch of its Smart Indoor Camera from Chamberlain Group, a global provider of intelligent access.
With the new myQ Smart Indoor Camera, users can keep an eye on the inside of their home from anywhere, anytime – all through the myQ app.
“We continue to expand the value of our myQ ecosystem with the new Smart Indoor Camera, which provides homeowners line of sight to all activity in...
Milestone commits to 'responsibility by design’
May 1, 2024Cory Harris, Editor
LAS VEGAS—Rahul Yadav, chief technology officer (CTO) at Milestone Systems, sat down with Security Systems News (SSN) at ISC West to discuss what’s behind the company's record-breaking year, why it's committing to Responsible Technology and open platforms, and how a “true transformation” is taking place that will influence its future.
SSN: Milestone recently announced net revenues of DKK 1.69 billion (approximately $244.9 million) for the year. What...
A two-headed fight for facial recognition
May 1, 2024Cory Harris, Editor
The issue of whether to ban facial recognition technology has reared its ugly head again, and this time, the Security Industry Association (SIA) has an ally to help its cause.
SIA joined forces with the International Biometrics + Identity Association (IBIA) – an international trade group that represents the identification technology industry – to compose a letter dated April 15, 2024, encouraging Congress to oppose a provision in the Federal Aviation Administration (FAA) Reauthorization...
Trident IoT launches Taurus Z-Wave Series Silicon
April 30, 2024SSN Staff
CARLSBAD, Calif. – Trident IoT, an RF technology and engineering company, has announced the release window of its new Taurus Z-Wave Series of silicon solutions.
The Trident IoT Taurus Z-Wave Series will encompass system-on-chip (SoC) solutions and modules that support the latest advancements in Z-Wave technology, including Z-Wave Long Range (ZWLR) for the U.S. and the implementation of the ZWLR European specification. The Taurus Z-Wave Series will ship with an SDK based on Open Z-Wave Specification...
Eclypses introduces FIPS 140-3 validation
April 30, 2024SSN Staff
BOSTON – Eclypses, a provider of end-point data protection, announced that it has successfully secured the Federal Information Processing Standard 140-3 (FIPS 140-3) validation.
The Eclypses Cryptographic Library (ECL), which acts as a key component inside its Secure MTE Technology, successfully passed a series of tests conducted by an independent NIST-accredited laboratory according to the company.
Eclypses said that it’s Secure MTE technology protects data at the application level,...
ADT highlights new platform, relationship with Google
April 30, 2024Ken Showers, Managing Editor
BOCA RATON, Fla. – ADT’s refocus on its core consumer security and smart home business has paid off, with a strong start to 2024, company officials said.
The company reported total revenue of $1.2 billion for the First Quarter (Q1), with end-of-period recurring monthly revenue (RMR) up 3% to $353 million ($4.2 billion on an annualized basis). Consumer and Small Business (CSB) revenue was up 5% and segment Adjusted EBITDA was up 8%. The company also reported strong customer retention,...