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Home controls company launches manufacturing arm, expands base

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12/01/2002

IRVINE, Calif. - A 10-year-old home controls maker here has launched a new division to better target its dealer and integrator base with its products and expand its distribution platform.

Briefs

SSN Staff  - 
12/01/2002

GE Capital to wind down equity fund

STAMFORD, Conn. - GE Capital announced in late October it would wind down its investment in its $3 billion private equity fund, called GE Equity, to protect the company against what it termed "volatile investments.

Philips pioneer in networking technology

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11/01/2002

AMSTERDAM - Philips Semiconductor is among a host of technology heavyweights involved in the development of a new low-cost wireless networking protocol that is intended to become the industry standard for networking automation devices in the home.

Branded Zigbee, the protocol is a low data rate, low power consumption wireless technology that eventually could be used in everything from wireless home security systems, remote lighting and thermostat controls, call buttons for the elderly and disabled and wireless smoke and carbon monoxide detectors.

AlarmForce posts record growth, revenue numbers

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11/01/2002

TORONTO - Security manufacturer and installer Alarm Force has posted another successful quarter with its aggressive mass marketing model, recording an increase in revenues of 23 percent and net income growth of 25 percent.

With 30 offices and 100 employees across Canada, Alarm Force has been able to grow to a base of more than 33,000 accounts through organic growth, and without generating much debt, said Joel Matlin, Alarm Force president and chief executive officer.

Briefs

SSN Staff  - 
11/01/2002

Lantronix signs deal with FutureSmart

IRVINE, Calif. - Lantronix has signed a deal with a structured wiring hardware manufacturer to integrate its Premise SYS Automation Software with FutureSmart's structured wiring panel and server.

Sweetwater begins sweet venture

Capital firm plans to build a national alarm company
 - 
11/01/2002

STAFFORD, Texas - Venture capital firm Sweetwater Ventures is making inroads in the security industry, recently buying North American Security Alarm, a Dallas company that focuses on high-end residential accounts.

Company officials plan to use the acquisition as a platform for Sweetwater to build a national security company.

Security company sells with superheroes, comic book figures

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11/01/2002

HIGHLAND PARK, Ill. - A 28-year-old security company here known for its unorthodox marketing techniques has struck a deal to bring Spiderman, Captain America, The Hulk and other superheroes to Chicago as part of a new marketing campaign.

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Poll

SSN News Poll January 2020

The Security Industry Association (SIA) recently identified the key “megatrends” that are impacting the security industry as we move into 2020. This month’s News Poll looks at the state of the industry for 2020, including which trends and technologies will dominate the headlines.