DETROIT--Compsat Security was founded because "We decided we needed to protect our flank," said chief executive officer Dan Glitsky. He was in the middle of working with a casino with 700 terrabytes of security data that his first company, Compsat Technology, was in the business of backing up and protecting when he decided he better "go in and architect the front end of the security solution" before a security company decided to do the back end.
ATLANTA--Tri-S Security, a provider of guards and system integration, as of late July has exited the residential market entirely, selling all of its residential accounts, along with a central station, to Security Alarm Financing Enterprises, a San Ramon, Calif., company providing alarm service and financing for alarm companies.
HOUSTON--Just five years after selling Engineered Protection Services to Sonitrol, much of EPS's management team are back on board with Infrastruct Security, which on July 1 landed $4 million in venture capital to help build out a central response center here and increase its push into the critical infrastructure protection market.
Andrew Wray, Infrastruct's vice president of marketing and business development, said he, president and chief executive officer Daniel Weiss, and a few others sold to Sonitrol in 2001, spent a year working under the new ownership, and then left to spend two years out of the business, abiding by a non-compete covenant.
ANAHEIM, Calif.--With a long history in the banking industry, NAVCO Security Systems has worked with everything from film in canisters to the latest digital technology, so industry members should take note when Jim Kauker, NAVCO's executive vice president of sales and marketing, says, "We can finally throw away digital-to-analog conversion.
LISLE, Ill.--HSM Electronic Protection Services announced in July the creation of eAccountManager, a new service that allows customers to access detailed, up-to-date information on the status of their installation projects, service repairs, purchasing activity and budgeting information.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?