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Technician charged with theft during installation

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12/12/2012

BOCA RATON, Fla.—A technician with a home security company was charged with larceny after attempting to steal more than $40,000 worth of jewelry during an alarm installation, according to a report by the Sun Sentinel of Fort Lauderdale.

Following the money: Schmidt, Barnes and Christhilf talk deals, valuations and taxes

Experts reflect on 2012, share predictions for 2013
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12/12/2012

YARMOUTH, Maine—A number of big deals happened in 2012: the split-up of Tyco, the acquisition of Vivint and the creation of Securadyne, to name a few.

Doubling residential penetration: Pie in the sky or an eventuality?

Readers deliver wide range of opinions in SSN News Poll
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12/12/2012

YARMOUTH, Maine—Forty percent residential penetration.

ADT CEO Naren Gursahaney said recently that it’s not a “moonshot,” and Honeywell Security Products President Scott Harkins said his company shared the expectation that it could happen. But given that the rate has hovered at 20 percent for years, is it realistic to believe it can be doubled? Or is that just optimism from the corner office?

ADT and Southern California Edison provide customers with ADT Pulse

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11/27/2012

BOCA RATON, Fla.—Southern California Edison customers can now use ADT Pulse for home energy management, according to an ADT statement.

ADT: Have a connected home for the holidays!

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Monday, November 19, 2012

Security companies often tout to customers how a connected home lets you to do things at home when you’re away, such as unlocking the door for the UPS person to deliver a package and being able to see, while sitting at work, whether the kids got home safely from school.

Now security/home automation giant ADT is taking that same message and tying it directly to the holidays in a new television, online and print campaign that started today. The message is that ADT Pulse can help people participate in holiday rituals at home even when they’re away.

The campaign “captures the whimsy of the holidays and the practicality of the brand,” according to ADT. For example, a television commercial will feature a dad who has to travel over the holidays still being able to participate by remotely turning on the Christmas tree lights while at the airport.

And another features a woman visually checking in on her home remotely, and catching her husband snooping around to see what presents he’s getting.

Also, ADT said, the TV ads will be enhanced by online and print ads. The online ads “will enable users to interact with the ADT Pulse app, switching between cameras and rooms in Santa’s home to find five hidden golden rings,” the company said.

And as for the print ads, the company said, they “will feature ADT Pulse as ‘the season’s coolest smart device’ and position it as the holiday gift that keeps on giving, depicting Pulse in action on tablets, smartphones and laptops.”

You can take a look at what ADT is promoting for the holidays on YouTube.

 

 

 

Citigroup assumes coverage on ADT

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11/06/2012

NEW YORK—Investment analysts at Citigroup began coverage on shares of ADT in a note issued on Monday to investors, according to multiple reports. The firm set a “buy” rating and a $48.00 price target on the stock.

CTS Protective Services Acquired by Safe Streets USA

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11/05/2012

ELMWOOD PARK, N.J.—Safe Streets USA, based here, has purchased CTS Protective Services of Rossville, Ga., according to a press release from the Davis Group, who facilitated the sale.

ADT’s new hire to focus on technologies of the future

‘Cable guy’ Arthur Orduña says his goal as chief innovation officer is to help ADT succeed as an independent company
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10/24/2012

BOCA RATON, Fla.—The new stand-alone ADT’s announcement this week that it has hired cable industry veteran Arthur Orduña has the blogosphere speculating that ADT is adding a “cable guy” to make it more “cable-friendly” and ready for acquisition by a telecom or cable comp

ADT sues Flo Rida

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Wednesday, October 24, 2012

This recent news item from the Toronto Sun newspaper recently caught my eye, even though I’ve never heard of this rapper and singer songwriter, whose real name is Tramar Dillard, but is known as Flo Rida. It sounds like Flo Rida has a bit of a legal problem over security at his home in Florida.
 

Here’s what the news report said:

Flo Rida has been sued by bosses of a security company who claim the rapper failed to settle a bill for an alarm system at his Florida home.

Executives at ADT allege their operatives installed a state-of-the-art security system at the star's Miami mansion in 2009 and received the full deposit of $19,366 US but Flo Rida failed to hand over the remaining balance of $38,733.

They have filed a lawsuit demanding payment plus interest amounting to $47,134.

However, the rapper claims he never authorized the deal and the contract was signed by a man called Lee Prince, who reportedly worked as the star's manager, according to TMZ.com.

A judge has yet to rule on the case.

 

ADT CEO: It's not a 'moonshot' to double residential penetration to 40 percent

Naren Gursahaney says it will take effort, expanding interactive home offerings and educating the public and investors
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10/10/2012

NEW YORK—The ADT Corp. CEO Naren Gursahaney has set a bold goal. He wants the newly independent ADT—which began trading on the New York Stock Exchange on Oct. 1—to increase its residential penetration from 20 percent to as much as 40 percent.

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