The SecurityHive.com community voted during the summer of 2014 and selected the Physical Security and Video Surveillance industry’s Top 12 Influencers. – This Profile is one in the series of 12 making a difference in our industry Richard S. Brent, CEO of Louroe Electronics Prior to becoming CEO of Louroe Electronics ? a domestic manufacturer […]
DVTEL, INC., the video surveillance solutions provider, announced the addition of John Skowronski as DVTEL?s new VP of Sales, the Americas and Global Accounts. Mr. Skowronski brings an extensive history of sales, marketing and business development experience with a wide variety of leading security and technology companies.
Morse Watchmans is giving booth visitors a preview of their new voice cues at this year?s Security ESSEN show. The new feature will be demonstrated along with the company?s portfolio of key control and asset management systems, offering organizations of all sizes a full range of choices to access the benefits of managed key control. The product offerings are easy to implement and all include the same qualities and benefits for which Morse Watchmans products are known ? innovative design, reliability and state of the art technology.
To strengthen public safety capabilities in Malaysia (and anywhere for that matter), NEC Corporation of Malaysia recently introduced a very promising product. NeoFace, a facial recognition solution was unveiled for the first time as part of public safety capabilities. This new technology was introduced during the Public Safety & Internal Security Asia 2014 held at the Grand Millennium at Kuala Lumpur from 12 – 14 August 2014. NEC’s NeoFace is the world’s fastest and most accurate facial matching product.
The residential security market will never be the same. In 2012, several MSOs (multiple-system operators) in the USA began offering home automation in conjunction with security which has altered the perception and demand from end-users. Prior to this paradigm shift, the use of a residential burglar alarm system was often a purchase to protect a property and in many cases, an ?after the fact? purchase as a result of a break in.
Milestone Systems aims to continue its position as the market leader for open platform IP video management software (VMS): the company has recently hired more strong players for managing sales in North America, Austria, Germany and Switzerland and the UK. A new Finance Manager has also come on board in the US and the fast-growing […]
Vicon Industries Inc. (VII:NYSE-MKT) (?Vicon?), a leading security solutions provider and producer, introduces a new series of HD surveillance monitors that replaces all previous models. The new line of monitors offers cost effective, enhanced LED technology backed up by a 3-year warranty. The ability to endure 24/7 usage, along with superior HD performance displaying highly […]
New features improve security and provide essential business intelligence for increased efficiency. American Dynamics, part of the Security Products business unit of Tyco (NYSE: TYC), has released version 4.5 of its powerful, high-performance VideoEdge NVR with new features that provide customers more secure and efficient systems for businesses and organizations that require an active surveillance […]
Systems integrator Xentry Systems —which was launched from Matrix Systems in January— expects to hit $25 to $27 million in revenue in 2014, thanks in part to the acquisition, announced May 21, of Acree Daily Integrated Systems, an integrator based in Miamisburg, Ohio. “Our management vision is to build this big,” Matrix Systems CEO Holly […]
Stanley Security is introducing its new eServices 2.0 platform to be available in the summer of 2014. The new platform is designed to provide real-time transparency on customer security systems, including intrusion, video surveillance, access control, fire detection, and integration – offering full, mobile visibility, and business insight. The platform has been enhanced with a […]
STANLEY Security, a leading global security company specializing in advanced integrated security solutions, introduces its new eServices 2.0 platform at ISC West 2014 in Las Vegas, NV. STANLEY Security’s eServices 2.0, to be made available in the summer of 2014, provides real-time transparency on customers’ security systems, including intrusion, video surveillance, access control, fire detection, […]
Advice on how to encourage information sharing while preserving control over access to data is provided in a new special publication from the National Institute of Standards and Technology. NIST Special Publication 800-162 is titled Guide to Attribute-Based Access Control Definition and Consideration . Attribute-based access control, or ABAC, is a logical access control methodology where authorization to perform a set of operations is determined by evaluating attributes associated with the subject, such as a user or employee; an object, such as specific computerized resource; and requested operations. The flexibility of the ABAC model allows the greatest breadth of subjects to access the greatest breadth of objects without specifying individual relationships between each subject and each object, according to the NIST guidance. "Access decisions can change between requests by simply changing attribute values, without the need to change the subject/object relationships defining underlying rule sets," says NIST Computer Scientist Vincent Hu, who co-wrote the guidance. "This provides a more dynamic access control management capability and limits long-term maintenance requirements of object protections." Example on How ABAC Works NIST offers the following scenario to describe the workings of ABAC: Nancy Smith, a nurse practitioner in a hospital’s cardiology department, is the subject, and when hired at the medical center, she is assigned a set of attributes: her name, title and department, for instance. She’s assigned access to an object, in this case, medical records of heart patients. Resources may receive their attributes either directly from their creator or as a […]
Source www.databreachtoday.eu
March 3 (Bloomberg) — Carlyle Group LP agreed to buy Tyco International Ltd.’s fire and security business in South Korea for $1.93 billion, the country’s largest private-equity buyout deal in U.S. dollar value in more than five years. Tyco is selling Tyco Fire & Security Services Korea Co. and units that form the ADT Korea security business, the company said today. Switzerland-based Tyco said net cash proceeds are expected to be $1.85 billion, and the board added $1.75 billion to its stock buyback authority, for a total of $2 billion. “ADT Korea is a highly stable and profitable business with attractive market positioning, strong brand power and excellent cash flow profile,” Sanghyun Lee, managing director on the Asia buyout team for Washington-based Carlyle, said in a statement. Lee said South Korea’s security industry is “under- penetrated.” Carlyle’s purchase follows investments of more than $920 million of equity in 17 transactions in South Korea as of Dec. 31, 2013 and is also the largest private-equity buyout in the country since 2008, according to the company. The firm’s current and former investments in Korea include KorAm Bank, Hyundai HCN, EO Technics, Tapex and Yakjin Trading. Equity for the transaction will come from Carlyle Asia Partners IV and Carlyle Partners VI, Carlyle said. Carlyle Group has committed debt financing from Korea Exchange Bank, Kookmin Bank, Industrial Bank of Korea, Korea Investment & Securities and UBS AG. Stock Reaction Carlyle fell 2.2 percent to $35.47 at 11:38 a.m. in New York as major […]
Source www.swissinfo.ch
Peter O’Neill, President, findBIOMETRICS (fB): Can you please give us a little bit of background on the company? Alexey Khitrov, President, Speechpro (SP): Speechpro is the North American subsidiary of the Speech Technology Center . The company was founded in 1990 and has been around for over 20 years. Two key factors separate us from other companies. One is our emphasis on R&D. We do have probably one of the biggest R&D capabilities in voice biometrics with about 150 people in R&D alone (total staff is 400) including 30 PhD’s on board. The other thing is the breadth of the offering and the breadth of the technological expertise that we can bring to the customers. We have products in everything audio from multichannel recordings, speech analytics, signal processing, both text-dependent, text -independent voice verification (1:1) and voice identification (1:N). So the focus on R&D and the breadth of our offering are the two things that separate us from the rest. We have a long history in law enforcement segment of voice biometric market (including some of the world’s largest deployments) and recently introduced our solutions to the Enterprise customers. fB: Can you tell us a little bit about one of your latest product releases, the VoiceKey.OnePass? SP: Absolutely. So VoiceKey.OnePass is an innovative idea that brings together different biometric modalities into a single verification process. The idea here is to make verification in the mobile environment or online as easy as possible while increasing the security. So what we […]
Source findbiometrics.com
Tecnologie e Servizi // Case Condividi As one of the world’s largest express delivery companies, TNT Express moves 4.7 million parcels, documents and pieces of freight every week to more than 200 countries. TNT Express operates air and road transportation networks in Europe, China, South America, the Asia-Pacific and the Middle East. To more efficiently manage shipping operations in the Asia-Pacific area, TNT Express Worldwide (HK) Ltd. in Hong Kong opened a new 70,000-square-foot hub facility. TNT Express Worldwide needed a surveillance system to heighten security efforts at its new hub facility in Hong Kong. When reviewing video surveillance alternatives, the company prioritized high resolution and superior image quality for identification and incident detection. TNT Express also favored using fewer cameras for greater system efficiency, and had the need to include remote monitoring / camera setting management capabilities. The project ADT Security designed an IP-based networked surveillance system and performed the installation for TNT Express as part of new construction. According to Tyn van Amelsfoort, regional security support manager at TNT Express Worldwide (HK) Ltd., TNT Express had evaluated several megapixel cameras related to another project with ADT Security, enabling a quick decision to go with Arecont Vision for the new facility. Willie Hong, Senior Sales Engineer of ADT Hong Kong Limited, said TNT Express chose Arecont Vision megapixel IP cameras for their outstanding resolution and as a means to “future-proof” the system for future expansion. Arecont Vision’s 5-megapixel (MP) AV5115DN MegaVideo® Compact cameras are installed at high […]
Source www.snewsonline.com
Source: Arecont Vision | Date: 12/23/2013 Related tags: Arecont , personnel Arecont Vision , provider of IP-based megapixel camera technology, announces the appointment of Matthew McCoy as the Company’s new Director of Strategic Accounts. Mr. McCoy spent more than 25 year in the security industry, where he has developed and refined his skills with companies such as ADT/Tyco, Convergint and recently with Avigilon. “Matt has been a pioneer in identifying and aligning clients’ emerging technology needs with products and services,” said Carole Dougan, Vice President of North America Sales, Arecont Vision. “His expertise in this area will be a great asset both to our customers and to Arecont Vision as we intensify our focus on raising the standard of IP video surveillance with megapixel camera technology.” As Director of Strategic Accounts, Mr. McCoy will be responsible for driving sales at Arecont Vision’s select national systems integrators. His strong relationship building skills and ability to plan and conduct sales initiatives will help him to take advantage of opportunities and to expand sales of the company’s industry leading megapixel camera technology.
Source www.asmag.com
SANTA ANA, Calif. , Dec. 27, 2013 (GLOBE NEWSWIRE) — Identive ( INVE ) (Frankfurt:INV) will move its corporate finance activities from its Europe hub in Ismaning Germany to its corporate headquarters in California as part of its continuing efforts to simplify its business operations. Along with this move, Brian Nelson has been appointed chief financial officer and secretary of the company, effective December 20, 2013. Nelson is based in California and replaces David Wear , who will remain with the company as vice president, special projects and assist with the transition of corporate finance to the U.S. Jason Hart , chief executive officer of Identive, said, "We continue to make significant progress in simplifying Identive’s organizational structure, lowering our cost base and transforming the business from a group of individual silos into a single, unified company focused on delivering identity and trust solutions for the enterprise, consumer and government markets, which is our core strength. Moving our corporate finance activities to the U.S. is a natural step that allows us to centralize all our corporate functions and bring together key members of the management team. I am grateful to David for his past and future support during this period of sweeping changes. I am pleased that Brian is joining us as CFO. His practical experience and breadth of knowledge are assets that will serve the company well as we work to create a leaner, stronger and more aligned business model." Brian Nelson , 55, has more than 20 […]
Source seekingalpha.com
KKR & Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc’s South Korean security systems unit, a business valued at about $1.6bn, people familiar with the matter said. Billion-dollar buyouts are rare in Asia, but security companies, when they come up for sale, tend to attract much interest from private equity firms as they are valued for their stable revenues. According to Reuters , a sale of ADT Caps, would follow Bain’s $3.4bn purchase of European security firm Securitas Direct in 2011 and Blackstone Group’s acquisition of US firm Vivint Inc for more than $2bn last year. Other bidders for ADT Caps include CVC Capital Partners CVC.UL as well as Hong Kong-based Affinity Equity Partners and South Korea’s MBK Partners, the sources said, declining to be identified as the process is confidential. KKR, Bain, CVC and MBK declined to comment. Tyco and Affinity did not respond to emails seeking comment. Morgan Stanley is advising Tyco on the sale, the sources said. Morgan Stanley declined to comment. Tyco, a provider of commercial fire and security systems, became a much smaller company after the diversified conglomerate Tyco International split up last year. Its North American home security arm, ADT, became a separate company and its former flow control unit merged with Pentair Limited. ADT Caps had earnings before interest, depreciation and amortization of $160m as of the end of September 2013. The business is expected to fetch around $1.6bn, based on a ten […]
Source www.punchng.com
ASIS International and the Institute of Finance and Management (IOFM) jointly released an extensive benchmark study of the private security industry?s expansion over the past decade and its projected future growth. “The United States Security Industry: Size and Scope, Insights, Trends, and Data” presents an analysis of the security products and services market, as well […]
Scores of products in a wide spectrum of end-user areas including lighting, locks, heating, and home security utilize Z-Wave technology as the foundation of their operation. There is no area, however, where the use of Z-Wave technology is more prevalent than in the security industry. By far, Z-Wave?s market presence dwarfs all other technologies, as […]
