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Devcon goes national

Super regional now has more than 50 branches, new key personnel
 - 
05/05/2011

HOLLYWOOD, Fla.—There’s a new national player in the home security market—Devcon Security.

Gaylord Security expands offices, staff

Company says online customer testimonials aid in rapid growth
 - 
05/05/2011

KENT, Wash.—Gaylord Security Systems, one of the nation’s top 10 ADT Home Security dealers, has weathered the economic downturn so well it has expanded its corporate offices and plans to double its sales and support staff, marketing manager Patrick Smith told Security Systems News.

Termination of NMYP president upheld

Judge said receiver running financially troubled company had right to fire Wayne Wahrsager
 - 
05/05/2011

FREEPORT, N.Y.—A federal judge this week upheld the firing of Wayne Wahrsager from his job as president of New York Merchants Protective Co., Inc. (NYMP).

Pinnacle markets low-cost home security camera

Company first to offer Alarm.com’s Image Sensor: motion sensor with camera that takes still pictures
 - 
05/02/2011

OREM, Utah—Pinnacle Security today announced it is the first to market the Image Sensor, a motion detector with a built-in camera that transmits still images through a smartphone mobile app.

Rx for former Smith and Wesson dealers?

NationWide readies new ‘Security Doctors’ program
 - 
04/28/2011

FREEPORT, N.Y.—As members of the defunct Smith & Wesson Security Services dealer program face an April 30 deadline to strip away that gun manufacturer’s name from all their security products, a substitute dealer program is taking shape: Security Doctors Alarm Services.
NationWide Digital Monitoring Co., which previously ran the Smith & Wesson dealer program, should have its Security Doctors dealer program  fully up and running by June 1, according to Aaron Wahrsager, NationWide president.

Alarm Capital Alliance has new dealer program

The program offers cash flow and autonomy
 - 
04/27/2011

LAS VEGAS—Alarm Capital Alliance, a Media, Pa.-based company that purchases accounts from alarm dealers, unveiled a new independent dealer program at the ISC West show here.

Priority One acquires one, has dry powder for more

Closes $10m revolver with CapitalSource
 - 
04/21/2011

GREENVILLE, S.C.—Fueled by a new $10 million line of credit from CapitalSource, Priority One Security, a full-service security company based here, completed one acquisition and has plans for more growth.

NYMP court hearing set for April 27

NYMP president Wahrsager says company is being mismanaged by receiver
 - 
04/21/2011

FREEPORT, N.Y.—Wayne Wahrsager, president of New York Merchants Protective Co., Inc. (NYMP)—a full-service alarm company here that’s been in his family for more than 100 years—contends the company’s court-appointed receiver is grossly mismanaging the business, causing “staggering waste and losses,” and also trying to fire the person vitally needed to ensure the business survives: Wayne Wahrsager.

Westward ho! For Security Networks, Vision Security

The two companies renew affiliate agreement and expand to western markets
 - 
04/19/2011

WEST PALM BEACH, Fla.—When a private equity firm acquired super-regional Security Networks last fall, president and CEO Rich Perry said the transaction would allow Security Networks to expand east of the Mississippi.

Online Alarm Quotes gets funding, 2GIG deal

The new dealer program also will buy accounts for renters and those with low credit scores
 - 
04/14/2011

YONKERS, N.Y.—Online Alarm Quotes, a new dealer program based here, recently announced it has added a funding program and closed a deal with 2GIG Technologies to offer its products.

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Poll

SSN News Poll July 2013

Retailing home security has become a trend. Comcast is selling its Xfinity Home security/home automation product in stores nationwide. AT&T's Digital Life product is available in its stores, and Lowe's is selling its Iris product in its retail stores and Verizon Wireless stores. Security companies, including SecureWatch 24, The Alarm Company and Security Options, also have retail stores. Is this the wave of the future or just a fad? What do you think?

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