AlarmForce
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| Public (TSX: AF) | |
| Industry | Alarm & Security Company |
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Area served
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Canada, Georgia, North Carolina, Ohio, Minnesota and Florida |
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Key people
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Graham Badun, President & CEO |
| Products | Security Alarm System, Video Surveillance, Personal Emergency System |
| Revenue |  US$ 52.58 million (2014)[1] |
| US$ 11.78 million (2014)[1] |
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| US$ 7.76 million (2014)[1] |
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| Total assets |  US$ 40.8 million (2014)[1] |
| Total equity | US$ 30.35 million (2014)[1] |
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Number of employees
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240+ |
| Website | www.alarmforce.com |
AlarmForce Industries Inc is a home security and home automation systems manufacturer and provider. AlarmForce manufactures, installs and monitors home alarm systems in Canada and select states in the United States. AlarmForce Inc. manufacturing base is in Toronto. AlarmForce operates in the residential and commercial security segment.
Contents
History
The company was founded in 1988 by Joel Matlin, who was the President and CEO until July 2013, when he was dismissed without cause by the Board of Directors.[2] In May 2015, AlarmForce appointed Graham Badun as its President and CEO.[3]
Product launches
The company launched a two way voice alarm system called AlarmVoice in 1991. This was followed by the launch of AlarmPlus in 2000, and in early 2008, the personal emergency response system AlarmCare.[4] In October 2011, AlarmForce launched VideoRelay, a video surveillance system with live two-way voice.[5] In 2014, AlarmForce Connect was launched giving users the ability to control their alarm system remotely from their smartphone.[6]
American expansion
In November 2004 AlarmForce began its US expansion with its entry to the state of North Carolina. In December 2006 AlarmForce entered Ohio and this was followed by entry into Georgia, in 2007. In 2010 AlarmForce entered the state of Minnesota. In April 2011, the home alarm company expanded into the State of Florida. AlarmForce now services 11 major US centers located in Charlotte, Raleigh-Durham, Greensboro, Columbus, Cincinnati, Cleveland, Atlanta, Minneapolis-Saint Paul, Tampa Bay-St.Petersburg, Sarasota and Orlando.
See also
References
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