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Pinnacle sells 93,000 accounts to Monitronics

Pinnacle says the $131 million transaction reduces debt, putting it in a better growth position
 - 
10/31/2012

OREM, Utah—Pinnacle Security, a leading summer-sales-model company based here, recently announced an alliance with Monitronics International in which Pinnacle has sold Monitronics about 93,000 accounts and made an agreement for future account sales. The accounts represent $4.4 million of gross RMR, according to a news release.

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

Cox expanding its home security/home automation reach

By the end of 2012, the cable company plans to offer Cox Home Security in seven states
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10/24/2012

ATLANTA—After a successful trial of its home security/home automation offering in Arizona, Cox Communications is now expanding Cox Home Security to six other states.

Two New Mexico security firms merge

New company touts ‘unique model’ of providing in-person response to alarms with its staff of veteran police officers
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10/17/2012

ALBUQUERQUE, N.M.—Two security companies here, Select Security Systems and Armed Response Team, recently merged.

ADS growth plan: ‘one branch a year’

The company achieved that in 2012 with purchase of Mississippi security company; now looks toward 2013
 - 
10/17/2012

NASHVILLE—ADS Security’s recent acquisition of a Mississippi security company not only gave ADS an entry into a new state but also fulfilled the company’s growth plan of adding a new office each year, according to John Cerasuolo, ADS president and CEO.

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
 - 
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.

Guardian Alarm acquires two in Michigan

 - 
10/09/2012

SOUTHFIELD, Mich.—Guardian Alarm Co., based here, recently added about 3,000 mostly residential accounts and $72,000 in RMR by acquiring two local competitors.

Newly independent ADT 'like a 138-year-old startup'

In second week of trading on the NYSE, the home security company says it’s launching a new era of growth
 - 
10/08/2012

NEW YORK—Flanked by ADT executives and two customers saved from potential carbon monoxide poisoning by an ADT alarm system, Naren Gursahaney, CEO of The ADT Corp., rang the starting bell at the New York Stock Exchange today.

Vivint active on legal turf

Vivint’s Few says lawsuits filed because company is looking out for its customers
 - 
10/03/2012

PROVO, Utah—Several new lawsuits involving Vivint are pending in federal court in Utah, two of them initiated by the company and one in which it’s a defendant.

Mass. city may have to pay for limiting fire alarm options

The state says Lowell illegally required property owners to buy fire alarm boxes from single vendor
 - 
10/01/2012

LOWELL, Mass.—This city may end up paying rebates to property owners after it required them to buy fire alarm boxes from just one vendor, preventing them from purchasing the boxes more cheaply from other sources, according to newspaper reports.

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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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