Interface Security Systems LLC, one of the nation’s largest providers of electronic security solutions and integrated security systems announced yesterday that it has completed a transaction in which it purchased 100 percent of the stock of Loss Prevention Management Inc., of Albuquerque, N.M.
LPM is a
leading managed network services and IP integration company, combining wide
area network expertise with the integration of voice, data, video and physical
security applications. LPM manages and monitors its own nationwide high-speed
IP aggregation network that can deliver secure Internet Protocol (IP)
applications such as credit authorization, video surveillance, point of sale
aggregation, IP telephony and access control.
LPM is also a significant
business in the IP video surveillance market and is currently established in several
high-growth vertical markets, including the gaming and hospitality industry.
12th largest revenue company on the most recent SDM 100 report of
largest U.S. security companies, provides installation, maintenance and
monitoring services to both commercial and residential customers, as well as
fully integrated intrusion, fire, managed access control and interactive video
surveillance systems to a wide range of business customers.
investment in LPM represents a ground breaking and first-to-market strategic
combination that positions Interface as a front runner in the convergence of
physical and logical security technologies that is redefining the role of system
integrators in the commercial sector,” said Michael Shaw, chief executive
officer of Interface.
“We see the business landscape changing, with the market
for IP-based security and building control integration reaching $118 billion
and still growing, while managed network services is projected to become a $41 billion
business by 2009. Other security system integrators are scrambling to form
strategic alliances with IP savvy companies in hopes of meeting changing
customer demands; meanwhile our company is now uniquely positioned as a single-source
IP integrator, capable of delivering a broad range of solutions in this rapidly
expanding market,” he said.
The LPM nationwide
IP Network will be integrated into Interface’s Secure Operations Center, creating a one-of-a-kind 24/7 security
and data management facility that can deliver a secure broadband wide area
network nationwide and manage a variety of security and business applications
for both single and multi-location customers.
“We believe this is a defining
move for Interface that will give us a strong competitive advantage in the
marketplace,” Shaw said.
Aranda, CEO, shares Shaw’s excitement. “We’ve created an organization capable of
integrating, managing and monitoring IP applications anywhere in North America,” he said.
“Our private IP network allows us to exceed the service levels of our
competitors who are still subject to the best efforts and security flaws of the
public Internet. The merger with Interface produces the first national
footprint IP-enabled security integrator, bringing VoIP, IP video and secure Internet
data into the market as a single source provider. We believe our newly combined
entity will be the ’benchmark’ for all security providers to follow, as we set
the standard to transform the security and communication industry.”
Aranda believe that the company will quickly become one of the largest IP video
surveillance and security providers in the hospitality and gaming industry. LPM’s
Cisco and Microsoft certified engineers combined with Interface’s Center of Excellence engineering
resources will set the standard for enterprise-level video and access control
solutions with a national delivery capability that will be unmatched in the market.
learn more about Interface please visit www.interfacesys.com.
To learn more about Loss Prevention Management visit www.lpm-usa.com.
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