Weston in Space

BOCA RATON, Fla. – ADT has reported results for the fourth quarter and full year of 2022. According to ADT President and CEO Jim DeVries: “2022 was a very strong year for ADT. We delivered strong results with top-line growth while setting records in customer retention, recurring monthly revenue balance and revenue payback. Our results reflect the progress ADT is making as we shift from a traditional security company towards an innovative business poised for accelerating growth in new markets. “We concluded the year with positive momentum in our business, along with launching our partnership with State Farm and advancing our strategic relationship with Google,” he continued. “As we advance into 2023 we are forecasting solid growth in revenue, earnings and free cash flow, continuing our positive trajectory across our businesses and demonstrating progress on our 2025 goals.” Financial Highlights Financial highlights for the fourth quarter and full year of 2022 (variances are on a year...

Paxton has launched its new customer loyalty program – Paxton Rewards. This is the company’s first-ever opportunity for U.S.-based installers to earn rewards by participating in training, installing Paxton solutions and completing activities or achievements. “Three years ago, we launched the Paxton Installer app and, so far, it’s been downloaded by over 25,000 users,” says Gareth O’Hara, Paxton’s chief sales officer. “This essentially delivered the first phase development of the program in validating that the app was deemed useful. We now have the right platform to deliver what will be seen as a simple-to-use, loyalty program that matches our customers’ expectations.” The Paxton Rewards program provides installers with a range of benefits and an opportunity to build strong partner relationships with the company. From Paxton Partner to Platinum Partner status, installers will unlock more benefits with every tier, helping them to build and promote their businesses. Earning points is s...

Resideo Technologies has completed the acquisition of Teknique , a New-Zealand-based company specializing in edge-based, artificial intelligence-enabled video camera development and solutions. Teknique’s platform enables computer vision solutions and edge artificial intelligence for leading global brands and Fortune 500 companies across a range of industries, reports Resideo. “Resideo is focused on creating products that turn data into innovative solutions, and the Oclea by Teknique platform will help lead Resideo into new applications with next-generation video and sensor technology,” says Scott Ziffra senior vice president, Engineering & Product Management at Resideo. “With the acquisition, Resideo looks to advance our security video strategy, expand our video product portfolio and accelerate our focus on providing actionable intelligence for our customers,” Ziffra continues. Founded in 2004, Teknique has more than 50 employees based in its offices in New Zealand, Europe and...

At ISC West, SD Marketing will host “Viva Las Selfies,” a free event that will provide a casual atmosphere for attendees to connect to other industry professionals as well as offering up great backdrops for fun pictures for social media. Co-sponsored by Eyeforce, EMERgency24, Actuate, Essex Electronics and SecuraTrac, “Viva Las Selfies” will take place on Wednesday, March 29, from 5:30-9 p.m., and will be held at the Museum of Selfies – LINQ Promenade on the Las Vegas Strip. The event is open to all dealers and integrators (an RSVP is required to attend due to limited space), and will feature hosted hors d’oeuvres and cocktails, and networking in the museum space. “The Selfie Museum is an immersive, self-serve photography studio featuring numerous different backdrops, props and lighting,” explains Alex Chavez, founder of SD Marketing. “The site is known for drawing some of the most popular content creators on the internet and provides a great opportunity to leverage the space for yo...

REHOVOT, Israel and NEWARK, Calif .— Magos Systems, a manufacturer of advanced radar detection technology has partnered with the robotic aerial security company Nightingale Security to provide a fully-autonomous drone that is radar activated for perimeter security. The solution combines Magos ground-based radar detection and classification with the Blackbird autonomous drone from Nightingale that can independently respond to an event, acting as a force multiplier for human guard forces. Magos radars work in conjunction with PTZ cameras and the Magos MASS+AI software to classify targets as wildlife, vehicles, persons, etc. to reduce nuisance alarms and categorize potential threats. Once the Magos radar solution detects a potential target, the Blackbird drone is automatically dispatched from its base station to the alarm location, streaming live video to the security team, and serving as a mobile PTZ. “Security teams monitoring large perimeters need instant intelligence on the locati...

Interface Systems, a St. Louis-based managed service provider of business security, has unveiled a new brand identity reflecting the company’s evolution. With a new logo and a brand new website , the rebrand builds upon the company’s 27+ years of strength, stability and growth, and underscores Interface’s mission to simplify operations, maximize ROI and deliver relentless customer support for the nation’s top multi-location brands. “Offering differentiated managed services using best-of-breed technologies has always been our strength. We pioneered the interactive remote video monitoring service that gives our customers an unprecedented advantage in securing people and assets. In the last few years, Interface has completely reimagined business security solutions by adding on business intelligence and strengthening our network offerings. Our suite of managed services are game changers for customers and we feel this is the right time to refresh our brand identity,” says Sunita Mani, SVP...

Encroute has announced the release its flagship product, Encrouter, to US, Canadian and European markets. One of the first of its kind, Encrouter is a fully integrated, encrypted VPN router for homes and businesses. As Encroute notes, the device is designed to deliver pure VPN security for home or businesses through a singular device. Founded on the principle that privacy is a basic right for everyone, Encroute notes that the technology presented in Encrouter represent decades of experience in VPN technology and IoT hardware development to ensure that “everyone receives the privacy to which they are entitled.” Encroute also notes that all products are develop with simplicity in mind so installation and set-up can be as easy as possible. According to the company, Encroute’s owned and dedicated VPN server infrastructure makes Encrouter the most private and secure VPN router on the market. Encrouter ensures that any device connected to it is protected by WireGuard encryption through t...

SCOTTSDALE, Ariz.—Resideo Technologies, Inc., a global provider of solutions for energy management, home comfort, security, and safety, has announced a partnership with A. O. Smith, one of the world’s largest manufacturers of water heaters, to help customers reduce demand on the electric grid during peak times. Through the Resideo Grid Services initiative the “bring your own device” demand response programs, which is run on behalf of more than 27 U.S. utilities, retail energy providers and energy markets helps to reduce peak energy use through connected devices such as smart thermostats, electric vehicle chargers, cellular switches and now A.O. Smith heat pump water heaters. “Resideo has one of the largest DERMS (distributed energy resource management system) of residential loads in the industry, and with the addition of A. O. Smith we can offer a more complete, whole home solution,” says Dave Oberholzer, general manager of Resideo Grid Services. “By enabling control over more devi...

CHARLOTTE, N.C. – CPI Security has won a significant civil lawsuit after an eight-person jury in the U.S. District Court Western District of North Carolina Charlotte Division unanimously found competitor Vivint Smart Home responsible for using deceptive door-to-door sales practices to mislead and confuse CPI customers, so that Vivint could take over their alarm systems. The jury awarded CPI Security more than $189 million in damages. “While we’re thrilled the trial ended in our favor, I want to be clear that this case is not just about CPI’s business,” CPI Security CEO and Founder Ken Gill said. “We believe for at least 15 years, Vivint has been taking advantage of vulnerable people across the country through deceptive, misleading, and flat-out false practices. I hope today’s verdict will stop their deception for good.” CPI Security sued the Utah-based smart home security company in September 2020 claiming Vivint used false or misleading information to acquire existing CPI Security ...

BOSTON — The Boston Globe reports that a home security firm will pay $6.5 million to settle allegations brought by the office of Attorney General Andrea Campbell that it “deceptively trapped” consumers into long-term, automatically renewing contracts. Connecticut-based Safe Home Security Inc. provided home security monitoring services on a monthly-fee basis but ignored consumers’ attempts to cancel their agreements and misinformed them of their rights, according to the settlement. According to the newspaper, “Safe Home routinely ignores or misleads consumers who attempt to cancel their agreements,” the attorney general’s office said in a lawsuit filed in 2019. The company also “routinely automatically renews the agreements of consumers who have attempted to cancel their agreements,” the attorney general’s office said in legal filings. And if a consumer stopped making monthly payments, Safe Home “relentlessly pursues the consumer for monies it claims to be owed without a...

TORRANCE, Calif.—TRENDnet, a global provider of SMB and consumer networking and surveillance solutions, has announced the expansion of its TRENDnet Hive cloud management solution, adding support for TRENDnet indoor wireless access points. TRENDnet  Hive is an advanced network cloud management solution designed to save users on time and cost by simplifying and centralizing the management and monitoring of a network(s) and networked devices. Through the cloud platform, users can manage multiple access points simultaneously with group profiles for provisioning. TRENDnet Hive also supports seamless WiFi roaming technology, allowing for fast and seamless transitions as wireless devices move away from and connect to different access points. In addition to batch configurations and seamless roaming support, TRENDnet Hive allows security professionals to monitor and download detailed usage reports, both at the device and account levels. The update allows integrators to locate data bottlen...

The Alarm Association of Florida held its 2023 AAF Annual Convention filled with networking and education for the 200+ attendees, along with industry recognition. “First convention of any organization that I did not hear a single complaint — only praise. Hats off to all the volunteers that made the event a success,” said Rick Seymour, COO of Guardian Hawk. The first day featured association meetings where real work was conducted to move AAF’s workforce development, training, and membership growth initiatives forward. Meetings were followed by the opening reception sponsored by Alibi Security and the Casino Night. The event featured 3 General Sessions on Tuesday morning including: Hiring & Retaining Talent in Today’s Environment—Panel discussion facilitated by Rick Seymour and sponsored by TEKsystems Global Services Keynote: Workplace Security—Recognize. Respond. Survive.—Presented by Andy Sexton Tax Credits—When & How to Take Them—Presented by Mitch Reitman Attendees ...

HUNTERSVILLE, N.C.—Platinum Tools, a manufacturer of solutions for the preparation, installation, hand termination, and testing of wire and cable, has announced that it will showcase its pocket-sized TPS200C PoE++ Tester during ISC West 2023. The security industry trade event is set to be held in Las Vegas, Nev. from March 29-31 at the Venetian Expo and Convention Center.  During the show Platinum Tools will exhibit in booth #3036, and the company says the TPS200C PoE++ Tester is now available at an MSRP of $89.00. “The easy-to-use TPS200C has been designed for all varieties of PoE … up to 56 volts and 280 watts of power,” says Sean Rothermel, product manager, Platinum Tools . “Powered by the PoE circuit, the TPS200C requires no batteries and can be used inline with an actual PoE device to measure current flow, or by itself in Powered Device [PD] Simulation mode to determine the maxi­mum power available from the PoE power source.” Platinum Tools says that some of the additional...

Resideo Technologies, Inc. (NYSE: REZI ) and its distribution division ADI have both reported positive revenues for their Q4 2022 and full fiscal year 2022, despite suffering from supply chain woes. Citing economic uncertainty ahead, the company has announced it will make a 5% workforce reduction. For the full year 2022 ended on December 31, 2022, Resideo had record net revenue of $6.37 billion, up 9% from $5.85 billion in 2021. Resideo’s products and solutions side of its business represented $2.78 billion of the total revenue (up 13%), while the global distribution side of its business (ADI) accounted for $3.59 billion (up 6%) of the full-year revenue. Narrowing it down to just Q4, the company had net revenue of $1.56 billion, up 7%. The company’s gross profit margin was 27.6%. “Across the organization the team continued to deliver for customers in the face of the dynamic supply chain environment and challenging macro-economic backdrop,” commented Jay Geldmacher, Resideo’s Pr...

LOUISVILLE, Kentucky — The Electronic Security Expo (ESX) , presented by Electronic Security Association (ESA) , has released its full educational lineup for 2023. The conference will take place at the Kentucky International Convention Center in Louisville, Ky., on June 5-8, 2023. In addition to its main stage presentations, engaging networking opportunities, and interactive expo floor, ESX 2023 will bring over 30 educational sessions spanning four tracks and two additional focus areas carefully designed for security professionals, the sessions cover tactical advice in Sales, Operations, Management, Monitoring, and Executive Leadership to help businesses grow and stay competitive. Special emphasis is paid to building RMR or recurring revenue and a special three-part series will delve deep into the business of fire alarms. Attendees who are looking to address a specific business challenge or opportunity can look at the collection of focused sessions, with specialties designed t...

I am certain that everyone would agree that technology is at the center of every consumer and business’ ecosystem. Everything from the simplicity of credit and debit card processing to video doorbells, video camera systems, cellular telephones, etc. It doesn’t matter where you sit in the economic or social system, it doesn’t matter your age, technology plays a part and, in most cases, a big part of everyone’s life.   When you boil down the various technology offerings, we find countless sources of technology providers and within each provider we find countless paths to access and manage some of these technologies through mobile apps and systems. If you assembled a chart, it would be a very complex and busy chart. It’s no wonder why many consumers tend to get confused on the proper path. The convergence of various technologies that at one time were disparaged have now converged which would lead you to believe that it should be simplified. Unfortunately, that is not always the case....

TORONTO—Xtract One Technologies Inc., and Madison Square Garden Sports Corp., have announced that MSG Sports will invest up to $10 million (U.S.) in Xtract One, a security technology company that prioritizes the patron access experience by leveraging AI. The initial investment of $6.3 million (U.S) is effective immediately, with the subsequent investment of $3.7 million (U.S) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals (together the “Investment”). “We are thrilled to announce this investment and partnership with MSG Sports. We continue to see impressive growth in market interest and customer adoption of our security technology solutions,” comments Peter Evans, CEO of Xtract One . “I believe this relationship will create unique opportunities and benefit multiple industries.” Xtract One, MSG Sports Deal Undergoes Canadian Trial Period The companies explain the investment is comprised of the sale of up to 31,925,595 units (ea...

Security isn’t fleeting. And the solutions that ensure it shouldn’t be either. The best ones come with futureproofing and longevity built in, whether they’re for perimeter protection, access control or another application. It’s what customers expect as they adapt to changing circumstances and look for the greatest return on investment. That’s why it’s so important access solution manufacturers and their integrator partners function as a unified team.  The fluid world of security is why product offerings must continually evolve right alongside discovering and developing new, exciting solutions. It’s also why smart integrators keep up on the latest innovations and stay attentive to customer needs and pain points, and why successful end users are the ones who keep their teams updated on the proper operation and procedures surrounding door security solutions.  Because the adoption of existing products and development of new innovations are ongoing, trends in door security innova...

BIGGLESWADE, U.K. — AMG Systems of the United Kingdom says it is taking the first steps in making its line of network and fiber-optic transmission solutions available to customers throughout North America. The company manufactures a wide solution set available from two ISO 9001-certified facilities in the U.K. According to a release, AMG is known for its innovative line of Ethernet products such as managed switches, fiber-optic media converters, copper Ethernet distance-extending products and wireless Ethernet products. These products are now available for order and delivery throughout North America. Established in 1993, AMG has advanced into a leading transmission product manufacturer throughout Europe and the Middle East. According to the release, AMG will focus on providing connectivity and communications network solutions to the security, intelligent transportation and factory automation/industrial control markets in the Americas. AMG is headed by Managing Director Steve Clarke, ...

As the industry heads into 2023, it brings with it trends that are utilizing edge and Cloud technology with the promise of providing greater employee safety, building security and business productivity. Business Development Sales Engineer for Netronix Integration , Anthony DiCato, spoke with PSA Security Network on current and incoming trends.    Integrating Multiple Technologies   Video surveillance and access control use are expanding within global businesses into a solution that allows for a more reliable security system. “The evolution of video and Cloud technologies continues,” DiCato explains. “As organizations seek to implement intelligent Cloud video surveillance and operational analytics to increase efficiency rather than basic card readers and cameras, [there has been a wave] of video integration into access control.”    Manufacturers are including new feature sets beyond the standard camera and recorder. DiCato reveals that “ human-centric  sec...