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Mallon & Associates to establish $100 million fund

The private equity fund would be used for buyouts, recapitalization and growth equity
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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.

Lakeland Lock & Safe moves into downtown storefront, changes name

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04/01/2002

LAKELAND, Fla.-In order to accommodate its growing residential and commercial security business, Lakeland Lock & Safe has changed its name and moved into a downtown storefront here.

Siemens takes a vertical market approach, to target four markets

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04/01/2002

GAITHERSBURG, Md.-To better serve its customers, Siemens Building Technologies has recently taken a vertical marketing approach, identifying four different target markets in the security arena.

Security Networks buys Proton Security

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03/01/2002

WEST PALM BEACH, Fla.-Security Networks, a security company that began operations here in April, acquired Lantana, Fla.

Kastle Systems' Chicago office increases sales force

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03/01/2002

CHICAGO-Kastle Systems' office here has increased its sales force to further develop relationships with tenants, builders and architects, according to the company's Chicago branch general manager, Marilyn Brooks. The additions take the office's employee roster to 22, nearly tripling its staff in the last four years.

Guardall N.A. rebranded as Verex

A two-year license to use the name is set to expire soon
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03/01/2002

MISSISSAUGA, Ontario-A two year license that allowed Guardall North America to continue to use its name after its parent company Williams PLC demerged has nearly expired, requiring the access control manufacturer to come up with a new name.

The company will now be known as Verex, a name that will be unveiled during the ISC Show in Las Vegas early this month.

Integrator SimplexGrinnell earns its Microsoft Certification

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03/01/2002

WESTMINSTER, Mass.-SimplexGrinnell has recently become a member of the Microsoft Certified Partner Program, a program that recognizes systems integrators for their expertise in using a Microsoft operating system.

Alarm Detection loses lawsuit against Hinsdale

The alarm company lost its appeal, ending a more than two-year legal battle
 - 
03/01/2002

HINSDALE, Ill.-Alarm Detection Systems' battle to overturn a village ordinance that required commercial fire systems to be monitored by the fire department ended in December when it lost its appeal with the Appellate Court of Illinois.

Lab conjures secure ceiling clips

PSU facility looking for partner to make, sell invention
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03/01/2002

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.

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SSN News Poll September 2020

With so many companies working from home, combined with using more online and virtual events and meetings, malicious cyber activity has been increasing as cyber criminals take advantage of so many people letting their guard down during this time. This month's News Poll looks to gauge what SSN readers are experiencing.