Archive: November 2006
Scotia Bank customers rewarded by Voxcom
November 30, 2006SSN Staff
EDMONTON, Alberta--Voxcom Security Systems announced Nov. 27 a new partnership with ScotiaStar Network, Scotia Bank's credit card rewards program.
Under the deal, ScotiaStar members who buy a home security system from Voxcom and use its monthly monitoring service will receive rewards associated with their Scotia Bank account.
Voxcom has more than 118,000 customers. Scotiabank serves 10 million customers in 50 countries.
Securitas USA acquires Safeguard Services
November 30, 2006SSN Staff
ORANGE, Calif.--In its first U.S. acquisition since spinning off Securitas Systems, Securitas USA announced its purchase of Safeguard Services, based in Honolulu, Hawaii, on Nov. 9. Terms of the deal were not released. Safeguard largely serves the business and property management sector in Hawaii.
Securitas USA is now a completely separate company from Securitas Systems, the systems integration firm, after a successful Sept. 1 spinoff.
The Safeguard purchase "provides us with a portfolio to specialize...
Pirate again says sell, but Brink's looks at buying
November 30, 2006Martha Entwistle
NORWALK, Conn.--Despite recent travails of its own, Pirate Capital, an activist hedge fund and major stockholder of The Brink's Company, has not given up the ship on getting Brink's to put itself up for sale. However, analysts believe that Brink's will be less likely to heed Pirate's advice and more likely to pursue acquisitions.
Isa Bolotin, investor relations head for Pirate Capital, did not return a Nov. 29 call requesting comment. Pirate, in early October, lost five of its investment employees...
Longwatch selected for EPA's WaterSentinel program
November 30, 2006L. Samuel Pfeifle
NORWOOD, Mass.--Longwatch announced this week it has been selected by Environmental Protection Agency to participate in its WaterSentinel program, created to address a portion of Homeland Security Presidential Directive 9, which outlines food and water protection. WaterSentinel will use Longwatch to comply with a mandate in HSPD-9 for a comprehensive and fully coordinated monitoring system that will detect and respond to drinking water contamination threats. The pilot project will be deployed throughout...
SerVision refocuses in North America through ADI
November 30, 2006L. Samuel Pfeifle
JERUSALEM--SerVision, a company based here manufacturing video surveillance products that emphasize wireless and cellular applications, has signed a distribution agreement with ADI, which will now be the main distributor of the company's products in the United States.
SerVision, which has offices in the United Kingdom and Mexico as well as in the United States, sees great potential in the United States market, said chairman and chief executive officer Gidon Tahan. He called the agreement with ADI...
Verified gets the okay for Clear
November 30, 2006SSN Staff
NEW YORK--Verified Identity Pass, one of three major players in the Transportation Security Administration's Registered Traveler program, announced Nov. 27 that is has had its Clear program approved as a Registered Traveler Service Provider. Clear is the first such program to receive approval for national roll-out and is currently in place at the Orlando airport.
With this in place, Verified will install Clear lanes at New York's JFK airport, along with airports in San Jose, Indianapolis and Cincinnati,...
Voxcom partners with Infinity for remote video monitoring
November 23, 2006SSN Staff
EDMONTON, Alberta--Voxcom became the latest company to offer remote video monitoring with its announcement, Nov. 13, that is has signed a deal to partner with Infinity Systems to provide its mobile video and remote monitoring services in Canada. Terms of the agreement were not disclosed.
The new service will allow homeowners to use mobile phones, video cameras and electronic sensors to monitor their properties while away from home. When an alarm has been tripped, clients can be notified via text...
Securing New Ground highlights business opportunities
November 23, 2006L. Samuel Pfeifle
NEW YORK--Here at the Roosevelt Hotel, in Midtown Manhattan, 245 of the security industry's power brokers convened at Securing New Ground to talk shop and discuss the future of the business of security, whether in high-technology homeland security applications or old-fashioned residential alarm monitoring. Thirteen sessions of speakers and panel discussions revealed a number of consistent themes, including the message that the convergence of logical and physical security is happening, but that doesn't...
Global ePoint taps Gates
November 23, 2006SSN Staff
CITY OF INDUSTRY, Calif.--Global ePoint on Nov. 20 appointed former Los Angeles Police Department Chief and regarded terrorism authority Daryl F. Gates as president of the digital video surveillance manufacturer.
Gates serves on Global ePoint's board of directors and was chairman of Global Airworks, a wholly-owned subsidiary of Global ePoint. He will continue to serve on the board in addition to overseeing operations of the entire company.
Acquisition moves L-1 into Canada
November 23, 2006Martha Entwistle
STAMFORD, Conn.--L-1 Identity Solutions on Nov. 15 announced a definitive agreement to purchase all outstanding shares of Ontario-based biometrics company ComnetiX, for $12.5 million. After the deal goes through, the biometric behemoth will be poised to increase its domestic services business and take advantage of a "sea change" that's coming in Canada as that country moves from ink to electronic-based fingerprinting, said Doni Fordye, executive vice president of corporate communications for L-1...