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Archive: January 2012


On The Editor's Desk

Tyco's Breen talks about new entrants, PULSE, ADT spin-off

January 31, 2012Martha Entwistle

There were some interesting tidbits on today's Tyco earnings call—about earnings of course, but also about new cable/telco entrants into the security industry, stats on ADT's PULSE offering, and a progress report on the conglomerate's split into three, separate, publicly traded companies. On the new entrants: In response to a question about how/if new cable/telco entrants into the security industry is affecting ADT, Tyco CEO Ed Breen said: “We track every market we're...

ADT, Ed Breen, Flow Control), Frontier Communications, George Oliver, Naren Gursahaney, new entrants to security, Pulse, spin off


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Fire Systems Installation

Healthcare = growth vertical for Alarm & Suppression

January 31, 2012Tess Nacelewicz

GLENVILLE, N.Y.—Hospitals have proved to be a strong vertical for Alarm & Suppression Inc., a full-service fire company based here.The healthcare sector has been adding jobs nationally and has been a bright spot during the economic downturn, according to a recent report in The Wall Street Journal.In upstate New York, hospitals are continually renovating and expanding, providing ongoing work, Brad Nelson, project engineer/senior technician for Alarm & Suppression, told Security Systems News.“There...

Alarm & Suppression Inc., Albany Stratton VA Medical Center, Brad Nelson, St. Peter’s Hospital


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Suppliers

Pilot shows smartphone potential

January 30, 2012Martha Entwistle

IRVINE, Calif.—With the announcement today of the completion of its smartphones-as-keys pilot project at Arizona State University, HID officials hope more integrators will begin to investigate how NFC-enabled smartphones might fit into their access control offerings in the future.Saying this project is just the beginning, Karl Weintz, VP business development, mobile access, for HID Global, said eventually smartphones will be able to “be used as a reader not just a credential.”The...

Arizona State University, Assa Abloy, AT&T, Gartner Group, HID, Karl Weintz, NFC, smartphones-as-keys, T-Mobile, Verizon, Yale Locks


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On The Editor's Desk

Stanley execs talk about progress on Niscayah acquisition

January 30, 2012Martha Entwistle

Stanley CSS's parent company, Stanley Black & Decker exceeded Wall Street expectations last week with its earnings announcement.  It had Q4 revenue of $2.8b, up 17 percent over 2010 Q4 revenues, and organic revenue growth was up 6 percent over the same period. The security segment was up 1 one percent with 4 percent organic growth in Convergent Security, according to the conference call. Security has Q4 sales of $827 million. That revenue figure is up 49 percent over last year (2010 Q4...

James M. Loree, John Lundgren, Mergers & Acquisitions, Niscayah, Stanley Black & Decker


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Monitoring Matters

Meeting targets non-response in San Jose

January 27, 2012Rich Miller

The alarm industry was caught off guard at the end of December when the San Jose (Calif.) Police Department implemented a non-response policy for unverified alarms. Now the California Alarm Association is regrouping and is rallying members to discuss what comes next. To that end, the Silicon Valley Alarm Association, a CAA affiliate, will be holding a lunch meeting next week, with the San Jose situation at the top of the agenda. The meeting is scheduled for 11:30 a.m. Wednesday, Feb. 1, at the Silicon...

CAA, California Alarm Association, Silicon Valley Alarm Association, SVAA


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On The Editor's Desk

Better strategic alternatives for MMI hedgefunders?

January 25, 2012Martha Entwistle

Remember MMI Investments? I haven't written about this NYC-based hedge fund in a while, but it appears that its principals have found some new, more attractive strategic alternatives to this NYC-based hedge fund. Rueters reported this past weekend that MMI Investment principals Jerome Lande and Clay Lifflander were divesting stock and moving on.  I called Jerome Lande today to confirm and find out where he and Lifflander are headed and what they think about investing in the security industry--but...

ADT, Broadview, Checkpoint, Clay Lifflander, Jerome Lande, Kratos, MMI Investments, PIrate Capital, Thomas Hudson


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Monitoring

SW24 gears up for intrusion market

January 25, 2012Rich Miller

NEW YORK—Preparing to expand its footprint to handle alarm monitoring across the United States, SecureWatch24 has named a manager for its new central station in New Jersey and has added intrusion-monitoring capability at its Manhattan headquarters.SW24 specializes in property surveillance and facilities management. Its main business is video monitoring, with more than 22,000 cameras installed at more than 2,000 buildings in the New York City area. The company has a network operations center...

Desmond Smyth, DGA Security Systems, Fusion Centre, Jay Stuck, Neil Budhram, SecureWatch24, SW24


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This Blog's on Fire (And Other Stuff)

Alarm company owner survives cruise ship disaster

January 25, 2012Tess Nacelewicz

A Florida burglar alarm company owner and his wife were among those who made it out alive when the Costa Concordia cruise ship ran aground off the coast of Italy on Jan. 13, according to a recent story in The Miami Herald. As I'm writing this today, 16 people died in that disaster and at least 17 still are missing. I have not yet been able to reach Luis Manny Hernandez, 42, of Homestead, Fla., who The Miami Herald said finally managed to escape the sinking ship along with his wife, Karen Camacho,...

burglar alarm company, Costa Concordia, Karen Camacho, Luis Manny Hernandez


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Commercial

Simpson Security Systems finishing $7m prison job

January 25, 2012Martha Entwistle

ALEXANDRIA, La.—Shrinking profit margins, a common lament among integrators, are something Keith Simpson, CEO of Simpson Security Systems, says he's experienced on smaller commercial jobs, but larger projects remain nicely profitable for his company.Why? There's less competition for “true integration” jobs, Simpson told Security Systems News.“You don't get today [what you used to get] for an eight-camera job,” Simpson said. “There's a broad range of competition...

Federal Bureau of Prisons, Keith Simpson, Kevin Simpson, Simpson Security Systems


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Fire Systems Installation

Honeywell acquires Fire Sentry

January 25, 2012Tess Nacelewicz

LINCOLNSHIRE, Ill.—Honeywell has acquired Fire Sentry, a manufacturer of fire detection and control products for a broad range of industrial markets.The acquisition adds flame detection to Honeywell's gas detection business, Honeywell Analytics, a global company with its U.S. headquarters here, and furthers that business's extremely rapid growth, according to Patrick Hogan, VP of marketing for Honeywell Analytics Americas.Honeywell Analytics works closely with its sister fire systems companies...

Fire Sentry, Honeywell, Patrick Hogan, Zellweger Analytics


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