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Beare resigns, Gunning named COO

SSN Staff  - 
06/01/2002

LEWISVILLE, Texas-Two years after taking over the reigns as president and chief executive officer of Ultrak, Peter Beare has stepped down and a new person has been brought in to return the camera, access control and manufacturer of other products to profitability.

Rufus Bond Gunning has been named chief operating officer of the company, which in recent years has struggled with an undervalued stock price and bringing product to market in a timely fashion.

Identix name chosen in Visionics merger deal

Office closings and some layoffs are planned once the deal is finalized this month
 - 
06/01/2002

MINNETONKA, Minn.-Visionics Corp.

ITG establishes a distribution center

SSN Staff  - 
06/01/2002

HONG KONG-Assa Abloy's Identification Technology Group (ITG) has opened a Hong Kong-based distribution center that will serve HID's customers in the Asia Pacific region.

Company officials expect the new warehousing and card processing operation will reduce shipping times and increase convenience to HID's Asia Pacific customers.

Intelli-Check retains firm KPMG

SSN Staff  - 
06/01/2002

WOODBURY, N.Y.

RemoteReality enters the mainstream

It previously sold its products to government agencies
 - 
04/01/2002

WESTBOROUGH, Mass.-RemoteReality, which has traditionally sold its wares to government agencies, is now entering the mainstream security market.

Viisage line implemented at Logan Airport

SSN Staff  - 
04/01/2002

LITTLETON, Mass.-Viisage Technology announced that Logan International Airport is testing its face recognition solution to continue its efforts to enhance passenger security at the airport.

Lab conjures secure ceiling clips

PSU facility looking for partner to make, sell invention
 - 
04/01/2002

STATE COLLEGE, Pa.-A research laboratory at Penn State University has invented a small metal clip that will make secure an acoustic tile drop ceiling and is searching for a commercial manufacturing partner to mass produce it.

Barton Protective named one of the best companies

SSN Staff  - 
04/01/2002

ATLANTA-For the third year in a row Barton Protective Services has been named to Fortune magazine's "100 Best Companies to Work for in America."

This year the guard company ranked 69, up 17 places from number 86 in 2001 and 97 in 2000.

Mallon & Associates to establish $100 million fund

The private equity fund would be used for buyouts, recapitalization and growth equity
 - 
04/01/2002

NEW YORK-Investment banking firm Mallon & Associates is in the process of setting up a $100 million private equity fund that would invest in the security market, perhaps making it the first fund of its kind for this market.

The money would come from a number of private equity funds, with a private equity firm hired to disperse funds.

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Poll

SSN News Poll August 2020

In April, Security Systems News asked readers about the impact COVID-19 was having on their businesses. With many states starting to open up again, this month’s News Poll looks to gauge the state of the industry three months into the coronavirus.