Stanley Convergent Security Solutions (Stanley CSS), Naperville, Ill., purchased all of the operating assets of First National AlarmCap Income Fund, an alarm company headquartered in Edmonton, Alberta. AlarmCap is Canada’s fourth largest alarm company, according to Stanley CSS. The company, operating under the brand Microtec Security Systems, provides sales, installation, service, monitoring and maintenance of intrusion, fire, video, and access control systems.
IQinVision, San Juan Capistrano, Calif., a provider of high-performance HD megapixel IP cameras, announced a series of personnel promotions, additions, and enhancements to the company’s sales and management teams to further fuel the company’s growth and market penetration.
Mace Security International Inc., Horsham, Pa., announced that Michael Smith was appointed the company’s chief executive officer. Raefield, the company’s current CEO and president, notified the company of his resignation after the completion of his employment contract, effective on August 18, 2011.
Bold Technologies, Colorado Springs, Colo., held its annual Users Conference Aug. 24-26. Attendance was up 45 percent from last year’s conference as more than 125 people congregated at the historic La Fonda Hotel in Santa Fe, N.M., coming from other U.S. states, Canada and the United Kingdom.
The U.S. Department of Homeland Security (DHS) awarded ASIS International a Safety Act certification for its organizational resilience standard, ANSI/ASIS.SPC.1:2009 Organizational Resilience: Security, Preparedness and Continuity Management Systems - Requirements with Guidance for Use.
Stanley Black & Decker, New Britain, Conn., parent company of Stanley Convergent Security Solutions, finalized its acquisition of Niscayah, Stockholm, Sweden. Following the completion of the acquisition on Sept. 9, 2011, Stanley and Niscayah’s leadership began work on assimilating Niscayah’s security business, which included residential customers and commercial markets including banks, retail, gas stations, utilities, transport and lodging and public sector companies to which it provides integrated security solutions, video surveillance and access control systems, fire and security systems and monitoring services.
Smith & Wesson Holding Corporation announced that the company made the decision to divest its perimeter security business in order to focus on its core firearm business, also pointing out "significantly reduced government spending" and a "deteriorated" environment in the space as contributing factors. The company is currently exploring strategic alternatives to accomplish the divestiture.
Honeywell, Melville, N.Y., launched a new application for Android devices, letting users control their security systems and view live, streaming video from any remote location.
Michael Keegan, vice president of Magnasphere Corporation, was chosen as the new president for Security America Risk Retention Group (SARRG), a business insurance program tailored specifically to the electronic security industry. Keegan, who is a security professional with more than 27 years of experience, takes the reins from Cecil Hogan, president of Security Consultants, who has served as SARRG president for the past eight years.
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