Tag: CPI Security Systems
Steve Butkovich to serve as new TMA president
November 20, 2023SSN Staff
MCLEAN, Va. – The Monitoring Association (TMA) has selected Steve Butkovich, chief product officer, CPI Security Systems, as its new president.
Butkovich officially began his two-year term on Thurs., Nov. 8 a,t the conclusion of TMA’s 2023 Annual Meeting. He recently served a two-year term as TMA vice president serving on the TMA board leading up to his presidency. He succeeds Morgan Hertel of Rapid Response Monitoring. Hertel goes on to serve an additional two-year term...
Veni, Vidi, Vivint
March 8, 2023Ken Showers, Managing Editor
I came, I saw, I stole their customers. Vivint has been having a rough time of it lately with multiple lawsuits hanging above its head, one of which already resolved decidedly not in their favor.
It might be important to examine the root cause of this problem which is that it looks like Vivint doesn’t like to share. Most of these lawsuits specifically would term it deceptive business practices. At the end of the day Vivint saw some customers that weren’t theirs and decided to change...
CPI sues ASG, accusing it of 'raiding' CPI's sales reps
October 2, 2013Tess Nacelewicz
CHARLOTTE, N.C.—CPI Security Systems, based here, has filed a lawsuit against the Alarm Security Group (ASG), accusing ASG of “raiding” sales reps from CPI by means of deceptive practices.Now, CPI contends in the lawsuit, former CPI employees working for ASG “are misappropriating CPI's confidential/proprietary information and trade secrets … and ASG is directly benefiting from this misappropriation.”The lawsuit was filed last week in the General Court of Justice, Superior...
CPI continues on road less traveled
July 1, 2013Leif Kothe
CHARLOTTE, N.C.—Like many monitoring companies, CPI Security Systems chalks up some of its recent success to the boon of technological advances, from smartphone apps to home automation capabilities.But the super-regional's strong retention rate may also be abetted by its willingness to break with orthodoxy when it comes to customer relations, Greg Hurst, central station manager at CPI, told Security Systems News.“We don't necessarily wait for an incident to happen,” he said. “We...
CPI reels in pair of CSAA awards
June 24, 2013SSN Staff
NASHVILLE, Tenn.—CPI Security Systems, based in Charlotte, N.C., won a pair of CSAA Excellence Awards at ESX last week, including the award for CSAA Central Station of the Year.
In addition to that honor, CPI's Crystal McLemore was named Operator of the Year for her work, according to the Central Station Alarm Association.
“To be named a winner in any category is to have reached the highest level of professionalism,” Bob Bean, CSAA president, said in a prepared statement....
This Blog's on Fire (And Other Stuff)
Vivint gets millions more in financing, surpasses RMR milestone
June 20, 2012Tess Nacelewicz
Ever since rebranding last year, Vivint has seemed to do nothing but grow. The latest sign of that is the announcement yesterday from the residential security and home automation provider that it has surpassed a $30 million milestone in RMR, putting it among the top three largest security companies in the nation.
Also, the Provo, Utah-based summer-model company said, it has added another $50 million to its financing, bringing its total senior debt financing to $812 million.
That refinancing comes...
Platinum sued again, but two other cases dismissed
June 13, 2012Tess Nacelewicz
AMERICAN FORK, Utah--Financially beleaguered Platinum Protection, a summer-model company here that laid off most of its employees in February, is facing another lawsuit, this one filed by the Ohio attorney general, charging that Platinum engaged in "false and misleading" sales practices in that state.However, two other civil lawsuits brought against the company in federal court earlier this year--one filed by its former primary dealer, Dallas-based Monitronics, and the other by CPI Security Systems,...
More problems for Platinum: It's now charged with defaulting on $700,000 loan
April 4, 2012Tess Nacelewicz
AMERICAN FORK, Utah—CPI Security Systems, a Charlotte, N.C.-based monitoring company, is suing Platinum Protection, claiming Platinum has defaulted on a $700,000 loan CPI made to the company in January.
CPI contends in a lawsuit, filed March 29 in federal court in Utah against Platinum and its CEO Jared Hallows, that Platinum has not repaid the money as required. Also, CPI claims that Platinum is not able to properly maintain the 350 customer accounts that are collateral for the loan because...