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Archive: November 2008


On The Editor's Desk

Did anybody get any footage?

November 26, 2008Martha Entwistle

People looking for a way to get on ssnTVnews need only search their recordings (or the recordings of their customers) for footage of that 10-ton meteorite that hit last Thursday night. I would love to check out some of that. Thousands of people in a 400-mile radius saw the fireball created as the object entered the atmosphere and exploded with the force of 300 tons of dynamite. That's how you know it happened in Canada: "thousands of people in a 400-mile radius." Harkening back to 8th grade...

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NetVersant files for Chapter 11 bankruptcy protection

November 25, 2008L. Samuel Pfeifle

WILMINGTON, Del.--Citing "several large unprofitable projects," losses on debt obligations, and the resulting impact on its ability to generate revenue and cash flow, NetVersant Solutions on Nov. 19 filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. According to the filing with the United States Bankruptcy Court for the District of Delaware, the company hopes to expedite a sale to the Zohar Entities, or the highest bidder, "of substantially all their assets," determining...

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An EverFocus DVR, "The Chocolate," and the Rio Grande (a Thanksgiving tale)

November 25, 2008Daniel Gelinas

CIUDAD MIGUEL ALEMAN, Tam. (Mexico)--Perhaps you've heard the story about the DVR that came back to life after seven days of sleeping with the fishes. It is a tale with protagonists--an honest and hard-working security systems dealer and his faithful and trusty EverFocus DVR. It is a story with antagonists--a mischievous criminal complete with the deceptively sweet alias, "The Chocolate," and his accomplice, the shadowy Rio Bravo Del Norte, a.k.a. The Rio Grande. EverFocus Electronics Corp., an international...

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PASS Security acquires Security Innovations

November 25, 2008L. Samuel Pfeifle

FAIRVIEW HEIGHTS, Ill.--PASS Security, a residential and commercial security integrator based here, has acquired Security Innovations a St. Louis-based integrator. The buy brings eight employees and a number of "mid-sized to larger commercial customers," said Brian Sullivan, general manager of PASS Security. The Security Innovations buy will get PASS right at $10 million in revenue for 2009, Sullivan said, and the company will continue to be in a "rather large growth mode." As the industry continues...

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Kratos executes merger with Digital Fusion

November 25, 2008SSN Staff

SAN DIEGO--Kratos Defense & Security Solutions, a government-oriented integrator and contractor, announced this week a merger agreement with Digital Fusion, a government services company based in Huntsville, Ala. Digital Fusion will merge with a wholly owned subsidiary of Kratos and all of DF's outstanding shares will be converted into Kratos shares, at a ratio of 1.7933 shares of Kratos for every share of Digital Fusion. Roughly 25 million Kratos shares will be issued, making the deal worth roughly...

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ADT consolidates Neb. central, eliminates 380 jobs

November 25, 2008Daniel Gelinas

BOCA RATON, Fla.--ADT Security Services recently announced it is closing its Papillion, Neb., central station, eliminating 380 jobs as it integrates its electronic customer monitoring and account retention systems with similar services around the country. ADT spokeswoman Ann Lindstrom said that this was not so much an example of a facility closing due to economic pressure as it was one aspect of an ongoing move on ADT's part to consolidate. "We're not calling this a layoff, because, frankly, it isn't,"...

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Hebert, Barry, Gerace lead new class of SIA directors

November 25, 2008SSN Staff

ALEXANDRIA, Va.--The Security Industry Association announced this week seven new directors, elected to two-years terms on the board of directors, and two newcomers joined the SIA Executive Committee. New directors include: Denis Hebert, president and CEO of HID Global and executive vice president of Assa Abloy; Mark Barry, president of GE Security Americas; Jim Gingo, president, Transtech Systems; Steve Van Till, president and CEO of Brivo Systems; Christopher Gerace, president, Bosch Security Systems;...

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This Blog's on Fire (And Other Stuff)

Security yogis take note: New restrictions in Cali

November 25, 2008Tess Nacelewicz

Here's hoping we have more problems along these lines. Did you see the story on the front page of the New York Times today about too many people exercising (and making too much noise) in Santa Monica? Here's the link The problem area is along a median near Fourth Street and Adelaide Drive. People have used this area for walking and jogging for years, but apparently, now, some fitnessphiles are gathering pretty early in the a.m. for organized exercise classes. They're blowing whistles and counting...

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On The Editor's Desk

NetVersant files for Chapter 11 protection

November 24, 2008Martha Entwistle

This is a breaking story I'm working on, and was tipped off to by a loyal reader and a press release from Anixter. Here's what I've got. Anixter International Inc. Comments on Customer Bankruptcy Anixter International Inc., a leading global distributor of communication products, electrical and electronic wire & cable, fasteners and other small parts today commented on the anticipated financial impact from the bankruptcy filing by NetVersant Solutions, Inc. ("NetVersant"). On November 19, 2008...

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On The Editor's Desk

Getting what you deserve deptartment

November 24, 2008Martha Entwistle

My Google alerts just picked up this items about fans of High School Musical getting fed viruses. The infected files are distributed through popular peer-to-peer (P2P) file sharing networks such as eMule, eDonkey, etc. and when users search for files related to "High School Musical" using these programs, some of the results include files infected with malware. As someone would say on one of my favorite forums: LOL, Boo-Hoo. Maybe if you didn't try to steal bad Disney music, you wouldn't get a...

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