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ImageWare Systems to cash in on $6.6 million

SSN Staff  - 
03/01/2004

SAN DIEGO - Digital imaging and biometric identification provider ImageWare Systems said in February that it raised $6.6 million through a private placement agreement that will be used to fund the company’s working capital.

ABC ends relationship with former CEO Broady

SSN Staff  - 
03/01/2004

LEWISVILLE, Texas - Am-erican Building Control’s on again, off again relationship with its former chief executive officer and chairman is apparently off again.

The company formerly known as Ultrak announced in late January that it has severed ties with its former executive, George Broady, and settled an outstanding severance package.

A shift ahead at Ortega

 - 
03/01/2004

SANTA CLARA, Calif. - Ortega InfoSystems has changed its approach in the security market, recently deciding to focus on the OEM market rather than aligning with systems integrators to use its video-based management system for access control.

Parties agree on payment terms for CCTV business

 - 
03/01/2004

LEWISVILLE, Texas - A disagreement over Honeywell’s final payment for buying American Building Control’s CCTV business for $36 million has been ironed out.

Honeywell has agreed to pay $3.

National ad campaign taps Lassie

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03/01/2004

WILTON, Conn. - GE Security has made it into the limelight, with parent company General Electric debuting its first security specific national television advertisement as part of its Imagination at Work campaign.

Pointing the way, one finger scan at a time

Cross Match wins high-profiled US-VISIT contract with the DHS
 - 
02/01/2004

PALM BEACH GARDENS, Fla. - A small biometric fingerprint company here has garnered perhaps the most high-profile contract related to the country’s homeland security effort.

RemoteReality’s 360-degree system gets put to the test

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02/01/2004

WESTBORO, Mass. - A recently landed project could open doors for RemoteReality Corp.

It’s Cash and clout for VistaScape

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02/01/2004

ATLANTA - VistaScape Security Systems’ recent $10.5 million round of funding provides the maker of surveillance image analyzing software with more than just cash to expand operations.

Briefs

SSN Staff  - 
02/01/2004

Tyco’s Bermuda base remains a bone of contention

PEMBROKE, Bermuda - For the second time, Tyco is battling a group’s effort to force the conglomerate to move its incorporation from Bermuda to the United States.

The conglomerate’s board of directors has recommended that shareholders vote to keep its Bermuda incorporation when it holds its annual meeting on March 25.

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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