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Tag: Wayne Wahrsager


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Monitoring center looks to help Spanish speakers

April 22, 2015SSN Staff

FREEPORT, N.Y.—Emergency Response USA, a personal alert system provider with a monitoring station here, has moved toward a mostly bilingual staff of operators. “Eighty percent of all our operators right now are fluent in English and Spanish,” company general manager Wayne Wahrsager told Security Systems News. The initiative started in December, with the company's move into Puerto Rico. It will also help the company better serve its existing Spanish-speaking customers in the united...

Emergency Response USA, Wayne Wahrsager


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This Blog's on Fire (And Other Stuff)

Battered but unbowed

August 7, 2012Tess Nacelewicz

Wayne Wahrsager's New York Merchants Protective Co. Inc.—an alarm company in existence for more than 100 years—is no more as the result of a $20 million breach-of contract lawsuit filed against the company and Wahrsager last year by Bank of America. But Wahrsager tells me he is still very much a player in the security industry—and planning to launch a new alarm company in October with $50 million in funding behind it. “You just brush yourself off and start all over,”...

Bank of America, Commercial Fire & Security, New York Merchants Protective Co. Inc., Professional Security Technologies, Security Systems News, Wayne Wahrsager


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Judge OK's NYMP sale

October 20, 2011Tess Nacelewicz

It's official: A federal judge issued an order yesterday giving the green light for the financially embattled New York Merchants Protective Co. to be sold to Professional Security Technologies LLC in order to pay off creditors. The written order by U.S. District Court Judge Denis Hurley describes the asset purchase agreement for the New York-based alarm company—in existence for about 100 years—as “fair and reasonable and in the best interest of the estate.” The order says...

Bank of America, New York Merchants Protective Co., NYMP, Professional Security Technologies, Richard Rockwell, Wayne Wahrsager


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Residential

Proposed NYMP sale pending

September 30, 2011Tess Nacelewicz

FREEPORT, N.Y.—The New York Merchants Protective Co. Inc., a financially embattled New York-based alarm company that has been in the same family for about 100 years, was put up for sale late this summer.The company has been under receivership since early this year, when Bank of America sued NYMP, which is based here, and its owner Wayne Wahrsager for more than $19.2 million for allegedly defaulting on a loan.In August, the company's court-appointed receiver posted notices in The New York Times...

Bank of America, New York Merchants Protective Co., NYMP, Professional Security Technologies, Richard Rockwell, Wayne Wahrsager


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This Blog's on Fire (And Other Stuff)

NYMP still up for sale and Pro 1 proactive

September 29, 2011Tess Nacelewicz

Here are a couple items of interest:One is a short update on something I wrote about earlier this month: The proposed sale of the New York Merchants Protective Co. The sale is still awaiting a federal judge's decision.The financially embattled New York-based alarm company—owned by the same family for about 100 years—has been in the news because Bank of America in January sued NYMP and owner Wayne Wahrsager for more than $19.2 million for allegedly defaulting on a loan.Then, in August,...

Bank of America, New York Merchants Protective Co., NYMP, Protection 1, Wayne Wahrsager


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Residential

Termination of NMYP president upheld

May 5, 2011Tess Nacelewicz

FREEPORT, N.Y.—A federal judge this week upheld the firing of Wayne Wahrsager from his job as president of New York Merchants Protective Co., Inc. (NYMP). The date of the termination actually was April 15, the day that the court-appointed receiver now running the debt-ridden NYMP filed a letter with the court complaining that he had fired Wahrsager, but that he refused to leave. However, the judge in his May 2 ruling has given Wahrsager until 5 p.m. on May 13 to vacate the premises of the alarm...

Aaron Wahrsager, Bank of America, John Brady, Judge Denis Hurley, NationWide Digital Monitoring Co., New York Merchants Protective Co., NYMP, Robert Ansell, TRG Associates Inc., Wayne Wahrsager


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Residential

NYMP court hearing set for April 27

April 21, 2011Tess Nacelewicz

FREEPORT, N.Y.—Wayne Wahrsager, president of New York Merchants Protective Co., Inc. (NYMP)—a full-service alarm company here that's been in his family for more than 100 years—contends the company's court-appointed receiver is grossly mismanaging the business, causing “staggering waste and losses,” and also trying to fire the person vitally needed to ensure the business survives: Wayne Wahrsager. “They're trying to terminate me as of right now,” Wahrsager...

Aaron Wahrsager, Bank of America, Gary Fischoff, LaSalle Bank, National Association, NationWide Central Station Monitoring Corp., NationWide Digital Monitoring, New York City Department of Education, New York Merchants Protective Co., NYMP


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Residential

Smith & Wesson cuts ties with NationWide

March 31, 2011Tess Nacelewicz

FREEPORT, N.Y.—Major gun manufacturer Smith & Wesson has terminated its licensing agreement with NationWide Digital Monitoring Co. effective today, March 31. NationWide, based here, told Security Systems News that it instead plans to create a new name and identity for its Smith & Wesson Security Services dealer program. Howard Avin, VP of sales and marketing for Nationwide, said the new program would be called Security Doctors and won't involve partnering with another vendor like Smith & Wesson,...

Aaron Wahrsager, Bank of America, Bill Riley, Eric Wahrsager, Howard Avin, Liz Sharp, NationWide Digital Monitoring Co., New York Merchants Protective Co., Security Doctors, Smith & Wesson


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