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Protection One credit rating downgraded

 - 
01/01/2004

TOPEKA, Kan. - Protection One’s credit rating has been downgraded by Standard & Poor’s Rating Services, an implication that the up-for-sale alarm company may need to restructure its debt or file for bankruptcy after it finds a buyer.

Briefs

SSN Staff  - 
01/01/2004

AlarmForce secures financing

TORONTO - Residential and commercial alarm company AlarmForce Industries announced in early December it had closed a previously announced bought deal financing led by Acumen Capital Finance Partners Limited to issue 1,000,000 common shares on a private placement basis. The price was $2.

Venerable appliance retailer enters home controls market

Sears, Home Director launch authorized integrator program
 - 
01/01/2004

HOFFMAN ESTATES, Ill. - One of the most trusted sellers of home appliances is making inroads in the home integration market through a partnership with a home controls system manufacturer and an authorized integrator program that already stretches across the United States.

Tyco garners new $2.5 billion in funding

SSN Staff  - 
01/01/2004

PEMBROKE, Bermuda - Tyco International Inc. announced in late December that it had completed negotiations of new bank credit facilities totaling $2.

Netracon wins subdivision

SSN Staff  - 
01/01/2004

DALLAS - A company that began as a network consulting firm is now the integrator for Lone Star Ranch, a development of 10,000 single-family homes in Frisco, Texas.

Network Traffic Controllers, which was just selected as a Sears Connected Home integrator (see related story), has already implemented structured wiring for 600 homes in the program, which will take 10 years.

Honeywell bundles new home offering

Security to be part of ‘three-legged stool’ of sales tool to builders
 - 
01/01/2004

SYOSSET, N.Y.

Voxcom records improved EBITDA

SSN Staff  - 
12/01/2003

EDMONTON, Alberta - Home and business security provider Voxcom in late October reported slightly higher EBITDA and monthly monitoring revenues for the quarter ending Aug. 31, 2003.

Commercial firm buys into N.Y. homebuilding market

Inter County’s acquisition included builder relationships
 - 
12/01/2003

VALLEY COTTAGE, N.Y.

Briefs

SSN Staff  - 
12/01/2003

Home integrator elected to CEA board

ARLINGTON, Va. - The president of a home integration company heavy into security has been elected to the Consumer Electronics Association’s Executive Board, the first time a non-manufacturer has joined the board.

Security firm expands through Mass.

Security Team’s emphasis is reaching clients in one hour
 - 
12/01/2003

BYFIELD, Mass. - With a recent acquisition and a new location opening up in an adjoining state, a local security firm here is well on its way to its goal of blanketing Massachusetts with its services.

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