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Moody’s, S&P rate Monitronics debt

SSN Staff  - 
09/01/2003

DALLAS - Two well-known ratings firms released reports on Monitronics International’s debt last month. The results, however, were mixed, as Moody’s gave a “stable” rating, while S&P gave a “negative” rating to the company based on its $525 million in outstanding credit facilities.

No more free rides, fire department tells local businesses

 - 
09/01/2003

CENTRE WELLINGTON, Ontario - By the beginning of November, businesses in this area of Wellington County will have to start paying for alarm monitoring services from a monitoring company. The fire department, which for years provided free monitoring, is getting out of that business, and according to one industry insider, it’s about time.

Securitas takes timeshare nationwide

Shared dispatch service also helps avoid false alarm fines
 - 
09/01/2003

CHICAGO - Securitas Security Services has beefed up the ranks of its timeshare dispatch officers to deliver the service nationwide as a means of lightening the financial load on its customers.

The officers, most of whom have experience with police departments or in the military, are available in roughly all areas where Securitas has an office, said Craig Smith, Securitas president, Rocky Mountain region.

Briefs

SSN Staff  - 
09/01/2003

Litestream wins $10 million in VC

TAMPA, Fla. - Litestream Technologies, a utility provider of bundled services that include phone, cable and alarm monitoring services to residential master-planned communities in Florida, received $10 million in capital from American Capital Corp.

Industry veterans launch ‘boutique’ monitoring co.

 - 
09/01/2003

LANCASTER, Pa. - Patrick Egan and Ron Bodnar have launched Security Partners, a new wholesale monitoring company they say will strive to provide more personalized service to its customers.

Falcon Security growing with wireless

 - 
08/01/2003

BROCKVILLE, Ontario - Falcon Security has signed a contract with the Canadian military for a wireless technology designed specifically for alarm systems that the company said has taken it to “a whole new level.”

The Canadian military will be using Falcon Secure Net, but Chris Izatt, Falcon’s sales and operations manager, declined to be more specific.

Briefs

SSN Staff  - 
08/01/2003

XO to provide DSL service to Westec

IRVINE, Calif. - In a move the company says will strengthen communication with its customers, Westec InterActive has chosen Reston, Va.

CRC offers GE Interlogix discounts

 - 
08/01/2003

AUSTIN, Minn. - Through an agreement with GE Interlogix Inc.

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