World Wide Security is now offering the Tuxedo Touch Control Panel by Honeywell
World Wide Security is now offering the Tuxedo Touch Control Panel by Honeywell
Garden City, New York—June 18, 2012—World Wide Security Group has been chosen by Honeywell as one of the companies in the First Alert/Honeywell dealer network to introduce this new technology to the marketplace. The much anticipated touch-screen controller combines security and lifestyle technology with automation functions such as temperature, lighting and more. Honeywell’s latest product offering is changing the way security and lifestyle needs are now incorporated into one product. The security system is performing many more functions to bring control to the home or business owner. World Wide Security was first contacted during the development phase of the product to help test it prior to introducing it to the market. World Wide Security has been in our First Alert Professional authorized dealer program for 20 years. With a long history in the security business, World Wide understands how consumers’ security needs change and realized how the innovations of Tuxedo Touch can help their customers create safer and more comfortable lives.
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Increase in Revolving Line of Credit will be used for Acquisitions
Increase in Revolving Line of Credit will be used for Acquisitions
Garden City, New York—December 16, 2011—World Wide Security announced today that CapitalSource Bank, a commercial lender and a wholly owned subsidiary of CapitalSource Inc., (NYSE: CSE), has increased the revolving line of credit for World Wide Security from $5 million to $8 million. The increase in the revolving line of credit will help fund future acquisitions. Mark Simson, CFO for World Wide Security led the financing for the extension. The relationship with CapitalSource has been a critical component in facilitating past and present growth of the company. World Wide Security is known for its ability to provide security solutions through integrated products. Part of the company’s strategy for growth includes penetrating new and existing security markets with enhanced product offerings and influencing purchasing trends through aggressive pricing structures for customers.
World Wide Security Announces Acquisition of Area Security Companies
World Wide Security Announces Acquisition of Area Security Companies
Garden City, New York—January 11, 2012—World Wide Security, announced the asset acquisition of several physical security companies located on Long Island and New York City. The companies: Dart Security of Woodbury; Access One Security of Commack and LSG Security Systems of New York City, will join World Wide. Dart Security, LSG Security and Access One Security were asset purchases as were the company’s other purchases in 2011 which included Rainbow Protection, Digital Security, True Value Alarms and Alarm Security Inc. CapitalSource provided the lending platform to make this and all our other acquisitions happen.
World Wide Security Hires Alarm Industry Executives to Assist in Growing the Company
World Wide Security Hires Alarm Industry Executives to Assist in Growing the Company
Garden City, New York—August 21, 2012—World Wide Security announces the hiring of alarm industry executives as part of the company’s continued growth strategy. The Long Island-based company has hired David DiMattina, of Lynbrook as Director of Business Development & Customer Relations and Joseph Cestra of Massapequa Park, Director of Technical Services to expand service offerings and identify new areas of commerce. Additional new hires also include Garden City residents, Greg Canavan and James Confort, who completed the in-house security consultant-training program and are now actively growing new business for World Wide Security/GC Alarm.
World Wide Security/GC Alarm on SD&I Magazine’s Fast 50 list!
World Wide Security/GC Alarm on SD&I Magazine’s Fast 50 list!
Garden City, New York—May 2, 2012– World Wide Security/GC Alarm was recognized for its double-digit growth and business strategies in the March 2012 issue of Security Dealer & Integrator Magazine, a leading nationwide trade publication for the physical security industry. The company was invited to share its best practices on how to maintain growth, year-to-year, during tough economic times with the editors of the magazine. The company pointed to its commitment to service, sales expansion, acquisitions and marketing strategy as its top reasons for success. The SD&I Fast50 Rankings are based on a formula that factors in revenue and percentage growth. World Wide Security earned a spot on the SD&I Fast50 Ranking because of the company’s 23 percent growth during this period. The company announced its expansion plans into New York City and Westchester County earlier this year as a result of acquiring LSG Security in Riverdale. World Wide Security/GC Alarm serves the entire metropolitan region of New York including all of Long Island. World Wide Security had acquired two other regional companies, Dart Security and Access One, in the first quarter of 2012 and continues to plan additional acquisitions to meet its growth strategies.
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