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GE Security Pro program gains some muscle

High growth rate projected as GE contributes a renewed focus and deep pockets
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08/01/2003

LAKE TAHOE, Nev. - One of the largest dealer programs by a security product manufacturer, GE Security Pro, plans to get even larger, with expectations of growing to more than 300 installers of residential and small commercial systems within a matter of months and 500 members by the end of 2004.

CEDIA partners with CANASA

SSN Staff  - 
08/01/2003

MARKHAM, Ontario - The association representing Canadian security installers has struck a partnership with the Custom Electronic Design & Installation Association that will result in CEDIA’s presentation of conference sessions at CANASA’s Security Canada trade shows.
Beginning in October at the Security Canada Central International Security Conference and Exposition, CEDIA will present six conference sessions that focus on the custom electronic design of systems.

Eagle to focus on security unit

New division to grow “rapidly” with dealer program
 - 
08/01/2003

HOUSTON - In an effort to capitalize on the company’s recurring revenue model, broadband services company Eagle Broadband has formed a new security division that will streamline the company’s disparate security operations and pave the way for growth.

Through the formation of Eagle Broadband Security Home Division, the company has channeled the sales and installation of its more than 6,000 accounts from several Eagle Broadband companies into a new, single staff of about 20 employees, said Dean Cubley, chairman and chief executive officer of Eagle Broadband.

Briefs

SSN Staff  - 
08/01/2003

Westar completes sale of Pro One Europe

TOPEKA, Kan. - Officials from Westar Energy said in late June that its subsidiary, Westar Industries, had closed the sale of Protection One Europe to two investment funds managed by ABN Amro Capitol France.

Brink’s adds new e-learning tools

 - 
08/01/2003

IRVING, Texas - Brink’s Home Security has incorporated an e-learning program that will enable all of its employees, including central station operators who work the graveyard shift, to take part in the new continuing education courses.

The program was launched to the company’s 2,500 employees a few months ago after a year of work to get a web-based portal and courses online.

Briefs

SSN Staff  - 
07/01/2003

Matrix Security named Security Pro dealer

WILMINGTON, Del. - A 20-year-old security dealer here has been named to the GE Security Pro dealer program.

Dealer plan targets rental market

 - 
07/01/2003

NEEDHAM, Mass. - A provider of home security products designed for renters has launched a dealer program to enable installers to tap into this underserved market.

Group woos members with ‘networking’

 - 
07/01/2003

FORT MYERS, Fla. - An association of mid-size alarm companies that grew out of a network of Westinghouse Security Systems dealers nearly three decades ago has evolved into a small but vital invitation-only group that was, at press time, gearing up for its annual meeting in late June.

Private equity group scoops up Protection One Europe

 - 
07/01/2003

TOPEKA, Kan. - Only a few months after Westar Energy announced plans to put Protection One on the block, its subsidiary, Westar Industries, has found a buyer for its stake in Protection One Europe.

Leasecomm strikes settlement deal

 - 
07/01/2003

WASHINGTON - Once a major lender to independent alarm dealers, Leasecomm agreed in late May to drop $24 million worth of current and pending lawsuits against consumers that contracted with Leasecomm for “get rich quick” business opportunities under the terms of a settlement with the Federal Trade Commission.

Federal trade regulators pursued charges against the company in part because of language contained in contracts with consumers who purchased business opportunities from Leasecomm, such as medical billing software or multi-level marketing programs.

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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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