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Tri-State gets cash infusion fromVC firms

 - 
03/01/2002

UPPER DARBY, Penn.-Two venture capital firms have bought a majority interest in Tri-State Alarm, giving the company the cash infusion needed to grow to 45,000 customers and six new locations over the next 18 months.

Alabama cracks down on security companies

ADT, local independent among companies fined for violating state licensure law
 - 
03/01/2002

MOBILE, Ala.-An installation company was forced to shut down and more than 66 employees at another were fined for failing to comply with the state's licensure law, the first significant levying of fines under the three-year-old legislation.

Richardson Electronics wins federal supply contract

 - 
03/01/2002

HOUSTON, Texas-Richardson Electronics' Security Systems Division has been added to the General Services Administration's list of preferred vendors, allowing the distributor to provide security products to government agencies.

The distributor was given the distinction in late January after a six month application process.

Diversified penetrates airport market

SSN Staff  - 
02/01/2002

SADDLEBROOK, N.J.

SAFE and SAFE Financial move to new headquarters

SSN Staff  - 
02/01/2002

SAN RAMON, Calif.-SAFE and SAFE Financial have moved into a new 35,000 square-foot building here which is more than three times larger than the company's previous facility located here.

Tiscor signs on new distributor

SSN Staff  - 
02/01/2002

SAN DIEGO-Tiscor recently announced that United Security Logistics in Manila, Philippines is joining Tiscor's international network of distributors.

USL will sell the full line of Tiscor solutions, including Protrac Security, a computerized guard tour system.

Recession sounded cautionary note in 2001

Capital providers more restrictive, selective with their lending practices
 - 
02/01/2002

Caution, both on the part of capital providers and security alarm
dealers seeking new or increased financing, has been the watchword during these recent recessionary times.

Although characterizing the alarm industry as a "recession resilient" sector, capital providers with whom Security Sy-stems News spoke said they have ta-ken their cue from the conservative ten-or of the capital markets in general and are being more selective and restrictive in their lending practices.

InstaKey offers demo online

SSN Staff  - 
02/01/2002

DENVER-InstaKey Lock Corp. is now presenting interactive, online demonstrations of its proprietary Internet-based records management system software.

Centex exits security installation market

The company sells most of its branches to Ranger American but retains monitoring
 - 
02/01/2002

DALLAS-Centex HomeTeam Security exited the security installation business in December, selling the majority of its branches to Ranger American based in San Antonio.

The sale of the installation division comes more than six years after parent company Centex Corp.

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Poll

SSN News Poll September 2014

Some new door-knocking scams recently prompted the Electronic Security Association to update its code of ethics to specifically ban them. Also, ADT this summer is offering up to $25,000 to whistleblowers who expose security companies that train sales teams to use deceptive selling techniques. What do you think are the best ways to combat door-to-door sales scams?

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