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AT&T to do home security in Dallas, Atlanta

Professionally installed ‘Digital Life’ systems will be professionally monitored as well
 - 
05/09/2012

DALLAS—AT&T has announced plans to bring its home security/home automation offering to Atlanta and Dallas this summer.

Court decision favors ADT—and other alarm companies

Industry attorney: It's 'a good decision for the alarm industry’
 - 
05/02/2012

PASADENA, Calif.—ADT came out a winner in a recent court decision here, and the finding also is good news for others in the alarm industry, according to industry attorney Ken Kirschenbaum.

Security Networks ups credit facility by $100 million

Super-regional looking at 38 percent CAGR, again
 - 
05/02/2012

WEST PALM BEACH, Fla.—Security Networks, a super-regional based here, announced April 30 that it has extended its credit facility by $100 million, bringing the total to $250 million.

Aloha Alarm flourishing in Hawaii

The small new company is adding customers and employees and says quality service distinguishes it from big summer-model rivals
 - 
04/25/2012

AIEA, Hawaii—Aloha Alarm just launched in January, but already has about 200 customers and is gaining more at the rate of about 50 a month, according to Aloha president Mark Plischke. He said he also plans to add six more employees to his current staff of 14 before year’s end.

McGinn Smith Alarm Trading accounts sold for $2m

The criminal trial of alarm industry investors Timothy McGinn and David L. Smith also is about to begin, on June 18
 - 
04/25/2012

ALBANY, N.Y.—More than 5,000 alarm accounts managed by McGinn Smith Alarm Trading LLC have been auctioned to Security Systems Inc. of Cromwell, Conn. for more than $2 million, legal documents show.

Comcast adds more markets across the country

In March, the telecom introduced its home automation/home security product in locations that included San Francisco, Connecticut and Utah, home of the summer-sales security companies
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04/23/2012

PHILADELPHIA—March was an active month for Comcast as it launched its new home automation/home security service in a number of additional major markets across the country. Xfinity Home is now being offered in Atlanta, the San Francisco Bay area and parts of Connecticut and Vermont—and Utah.

Defender has new CEO; predicts strong growth in 2012

The nation’s No. 1 ADT dealer says this year will be best ever
 - 
04/18/2012

INDIANAPOLIS—Defender Direct, the country’s leading ADT dealer, announced this month that it has restructured its executive team and has a new CEO.

Safeguard makes acquisition

Super-regional completes tuck-in in Santa Fe
 - 
04/18/2012

SCOTTSDALE, Ariz.—Super-regional Safeguard Security has acquired New Mexico Security Services, headquartered in Santa Fe, N.M., Safeguard CEO John Jennings told Security Systems News.

Devcon moves to ‘streamline,’ ‘trim’ after rapid growth

After recently expanding to 50 branches nationwide, Devcon now plans more strategic growth, according to new CEO
 - 
04/11/2012

HOLLYWOOD, Fla.—After a rapid expansion during the past 18 months, Devcon Security is streamlining its business but is still planning to grow nationwide, according to the company’s new CEO, Steve Hafen.

Monitoring contract provision can stand in way of sale

If your third-party monitoring center has a right of first refusal on your alarm company, that can impede selling it to anyone else
 - 
04/04/2012

LAS VEGAS—Read the fine print on your contract with your third-party monitoring center. You may find there’s a clause buried in it that says the monitoring center has the right to buy your alarm company before you can sell it to somebody else.

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Poll

SSN News Poll October 2014

More and more connected products in homes and businesses increasingly provide central stations with new revenue and service opportunities to monitor those devices. But some say that to do that, centrals need to change and become more like data centers. Do you agree? Tell us what you think the central station of the future will look like.

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