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Protection One on positive watch by Fitch, after debt restructuring plan announced

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01/01/2005

NEW YORK - Fitch Ratings has placed Protection One’s ‘CC’ senior unsecured and ‘C’ senior subordinate ratings on Ratings Watch Positive, the company’s first upgrade on its notes in more than one year.

The move follows Protection One’s announcement in November that it has reached an agreement with affiliates of the Quadrangle Group, the company’s largest creditors and its majority equity holders, on a debt restructuring plan that would reduce the company’s total debt by approximately $190 million to roughly $356 million.

Lauraan Corp. begins trading, takes walk on acquisition trail

SSN Staff  - 
01/01/2005

DALLAS - Home automation and security provider Lauraan Corp. began publicly trading in mid-November and hit the acquisition trail with plans to purchase three Syslync locations across the country.

Security Networks steps up to bat

Florida-based company shifts growth plans into high gear, acquires residential accounts
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12/01/2004

WEST PALM BEACH, Fla. - Fresh off its recent acquisition of 3,000 accounts from Pilot Home Technologies in North Carolina, Security Networks is in the midst of a growth plan designed to bump the company’s business in the southeast corridor of the United States.

Brink’s updates details of unpaid taxes

SSN Staff  - 
12/01/2004

RICHMOND, Va. - In The Brink’s Company’s quarterly report, company officials revealed that it has yet to be assessed penalties and fines associated with a non-U.

Pilot steers away from security, Security Networks swoops in

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12/01/2004

WEST PALM BEACH, Fla. - Pilot Home Technologies has purged its security accounts, choosing instead to focus on its satellite installation business.

GE’s new program has added benefits for dealers, builders

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12/01/2004

ARDEN HILLS, Minn. - Being a GE Security dealer has its benefits and now the company has just added one more.

Home Technologies completes $2.5 million investment

SSN Staff  - 
12/01/2004

BELLEVUE, Wash. - Looking to further fuel its expansion plans, Home Technologies has secured $2.

Lining up: Medium-sized homebuilders first up for Firstline’s builder program

 - 
12/01/2004

OREM, Utah - Almost three years into their tenure as a residential security provider, Firstline Security is another company that is using residential homebuilders as a way to increase installation numbers.
A program, called Secure Community powered by Firstline Security, was developed by the company to work with residential builders to create pre-wiring and security system installations at the point of new construction.

Briefs

SSN Staff  - 
12/01/2004

Companies team up for home automation solution
LIVERMORE, Calif. - Home Director and Home Logic have formed a partnership to license and further develop a home automation and control system for structured wiring markets.

Stealth Alarms suspended for 45 days

Alarm company loses appeal with city, faces additional charges with provincial government
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11/01/2004

CALGARY, Alberta- Stealth Alarms’ quest to appeal a suspension of its business license by the city of Calgary ended in failure in September and the company will now have to cease operations for a 45-day period.
The suspension, which begins Oct.

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Poll

SSN News Poll July 2017

Research firms, such as ABI Research and IHS Markit, have recently examined the smart home market, how it is changing and what its future might look like. Parks Associates is currently gearing up for its annual conference on smart home technology. What are you seeing in the smart home market?