News

Clearfix
Mon
10
Jan
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Abloy Builds One Millionth Electric Lock

This announcement comes as Abloy Security, distributor of ABLOY products in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />UK and Ireland, adds to its range with the introduction of a series of new multi-function electric locks.

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Robin Rice, Managing Director at Abloy Security said, "The performance, functionality and reliability of ABLOY products, means that our we have become renowned within the industry and specified for use by government, public and end user organisations within the UK for over 30 years. We are absolutely delighted with this achievement and the continuing success of ABLOY."

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Mon
10
Jan
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DonT Be Buying Plasma Monitors

It’s increasingly likely that Toshiba is set to follow Sony’s example and bail out of the declining Plasma market. The company is set to move to LCD and SED television systems by mid 2005.

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Toshiba is said to be planning to instead focus on surface conduction electron emitter display (SED) panels for flat panel televisions with 40-inch or larger screens.

Mid next year full-scale production of SED television sets, which it jointly developed with Canon will start, with Toshiba <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Australia likely to be the distributor in Australia, according to reports.

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Sun
09
Jan
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Honeywell Stumps Us1 Million

Honeywell says through its Honeywell Hometown Solutions initiative, it will target programs to rebuild destroyed communities and provide necessities for those most affected by the disaster.

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The death toll from the tsunamis has risen above 150,000 and 5 million people have been left homeless with at least 1.8 million people need food aid.

“A tragedy of this scale requires corporate leadership on a global basis,” said Honeywell Chairman and CEO Dave Cote in a statement.

“Honeywell will work with local organizations to leverage our expertise in housing and shelter to help rebuild communities in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />South Asia.”

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Sun
09
Jan
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Now Dm Allies With Lenel

Developed to meet the demand from integrators who were using Lenel as their access control vendor, the partnership with Dedicated Micros and the use of the DV-IP gives integrators flexibility in order to provide the ideal choice of security products for their clients.

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"It's an opportunity for both new and existing Lenel's OnGuard customers to add a best of breed DVMR to their high- quality access control system," says Bob McCarthy, vice president of technology for Dedicated Micros.

"It also provides customers who currently have our solution installed to add state-of-the-art access control system to their current Dedicated Micros solution."

DM has been noticeably strengthening the ability of its product lineup to integrate directly with networked access control systems for the past 6 months – and certainly planning the tie-up much longer.

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Mon
03
Jan
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Chubb Fined A1.51 Million

In October 2004, Chubb pleaded guilty to 12 charges of contravening s 58(b) and 14 charges of contravening s 75AZL(3) of the Trade Practices Act 1974,  brought by the Australian Competition and Consumer Commission.

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The charges related to Chubb contracting to provide security services.  At the time Chubb had reasonable grounds to know that it would not be able to supply the contracted services within the period agreed.  The contracts were entered into between 5 June 2001 and 4 November 2002.

Clients affected by the conduct included a number of Commonwealth agencies and other businesses located in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Sydney, the Gosford region, Canberra and Tasmania.

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Wed
22
Dec
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Thermal Signature Explosives Detection

Markland's research into so-called "stand off" detection and warning systems - systems that can identify concealed weapons on individual attackers at distances up to 50 meters - will combine existing thermal sensors with new thermal signature-processing technology to create tools to help military and police personnel screen for would-be assailants. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

"There are currently no adequate technology solutions available to homeland security and military personnel that can help them identify a suicide bomber or terrorist gunman before the attacker can get close enough to inflict real harm," said Mr. Tarini. "We believe that Markland's research may represent a leap forward in the creation of systems that can detect these attackers with a degree of success."

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Mon
20
Dec
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Gunnebo To Focus On Security

The intention is to distribute all the shares in Gunnebo Industrier free of charge to Gunnebo's shareholders. This would enable Gunnebo to concentrate its business on security with focus on profitable growth.

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A separate listing for Gunnebo Industrier would improve its growth potential. Both Gunnebo and Gunnebo Industrier would have a strong financial position after the flotation of Gunnebo Industrier.

The intention is to float the company and have it separately listed on the stock market. The shares in Gunnebo Industrier will be distributed free of charge to Gunnebo's shareholders on the basis of Sweden's Lex Asea legislation. The Board considers that the earliest date for such a flotation would be in the middle of 2005, and that a decision will be made at the 2005 AGM.

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Mon
20
Dec
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Utc Gets Kidde Fire For 2.8 Billion

The UK-based Kidde supplies fire and safety products including aircraft fire protection systems. It has operating companies in 29 countries, employs approximately 7,750 people and distributes products and services worldwide to commercial, industrial, aerospace, combustion control and retail customers. It reported 2003 revenue of 938 million pounds (approximately $1.53 billion). <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

The 165 pence offer represents a premium of approximately 34 percent over the closing price of Kidde shares on October 20, the last trading day before UTC's interest in acquiring the company was disclosed. The transaction is expected to close in the first quarter of 2005 subject to customary conditions including regulatory agency approvals and compliance with required filing and other regulations.

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Mon
13
Dec
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HoneywellS Big European Push

IBS will be folded into Honeywell’s Automation and Control Solutions (ACS) division, which includes Honeywell Security. With 2003 revenues of $1.2 billion, IBS makes up the crux of Novar’s profits.

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IBS, one of the leading security product suppliers in Europe and parts of southern Asia, supplies electrical, electronic and control products including burglar and fire alarm systems.

“Honeywell has a long heritage in providing premier integrated security, fire and building controls products and services. We see great opportunities in this business, and the integration of Novar's highly complementary products, services and expertise clearly enhance those prospects,” Honeywell Chairman and CEO David Cote said in a statement.

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Mon
13
Dec
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Utc Makes Another Play For Kidde Fire

Kidde PLC, a British fire and safety equipment maker, said that United Technologies Corp. boosted its takeover offer for Kidde, which agreed to open its books to the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />U.S. engineering giant.

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Kidde said that United Technologies, a diversified manufacturer based in Hartford, Conn., had made a revised offer of 165 pence ($3.19) per share.

In October, Kidde rejected a previous offer of 160 pence ($3.09) per share that valued the company at around 1.35 billion pounds ($2.6 billion). The revised bid is closer to the 1.56 billion pounds ($3.1 billion), that some analysts said would be needed to secure the company.

Kidde stressed that no price had been agreed between the two parties, and that it had still to recommend the offer.

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