Security Systems News

AUG 2019

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Head briefs American Defense Systems makes staff appointments By SSN Staff AUSTIN, Texas—Resideo Tech- nologies Inc. announced it has acquired Pittsburgh-based Life- Where, which uses machine learning and analytics to pre- dict potential failure on criti- cal home appliances, such as water heaters, furnaces and air con- ditioners. LifeWhere provides the detailed analytics required for profes- sional contractors to dispatch technicians with the right skills to quickly repair the appliance before it causes a catastrophic failure. "LifeWhere is a perfect fit for our portfolio of home- comfort solutions, and dem- onstrates our commitment to connecting consumers with the do-it-for-me professional contractor channel to provide a safe, healthy and efficient home, accessible to all," Mike Nefkens, president and CEO of Resideo, said in the announce- ment. "Through our network of 110,000 p ro f e s s i o n a l c o n - tractors, we are well positioned to help professionals conduct preventative appli- ance maintenance. By empowering our pros to diagnose and repair 'behind the wall' appli- ance issues proactively, they can mitigate the inconvenience of a catastrophic appliance failure." The announcement marks the third acquisition by Resideo since it became a standalone, publicly traded company fol- lowing its spinoff from Honey- well in October 2018. Founded in 2016, LifeWhere offers remote monitoring and diagnostics solutions that bridge the gap between home- owners and service experts, expanding the smart home as a service market. The technology complements Resideo's broad portfolio of home comfort and home automation solutions. Resideo will look to strategi- cally integrate the remote moni- toring technology into the com- pany's smart-home offerings. Resideo is a $4.8 billion company with approximately 13,000 global employees that has a presence in more than 150 million homes, with 15 million systems installed in homes each year. The compa- ny serves more than 110,000 contractors through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world. SSN Resideo Technologies acquires LifeWhere Brinks Home Security appoints Chris Moloney as CMO DALLAS—Brinks Home Security, one of the largest home security and alarm monitoring companies in the U.S., has appointed Chris X. Moloney, a proven marketing leader with a compelling track record of helping established brands drive double-digit growth, as chief marketing officer and SVP of e-commerce. Moloney will report directly to President and CEO Jeff Gardner, and will be located at the Dallas headquarters. Moloney will focus on continu- ing to build and expand the Brinks Home Security brand in support of the company's existing independent Authorized Dealers network while also evolving the company's e-com- merce platform to make Brinks Home Security products even more acces- sible to its customers. "Brinks Home Security is proud to serve approximately one million cus- tomers with our award-winning tech- nologies and industry-leading custom- er service," said Brinks Home Security CEO and President Jeff Gardner. "We have worked hard to strengthen our business and brand to get to this point and are now well positioned to begin a new stage of strategic, accelerated growth. Chris brings the expertise we need to capture this opportunity, and we are confident we will benefit from his experience and leadership." Moloney stated: "Brinks Home Security represents one of the top brands in the industry, with a great tradition of excellence and innovation, and is perfectly positioned to be the hub of the connected home and IoT revolution. The company's industry- leading technology and No. 1 rank in J.D. Power's 2018 Home Security Satisfaction study highlights its com- mitment to keeping customers safe and connected. I am thrilled to be join- ing the company at such an exciting inflection point." Moloney brings more than 20 years of marketing experience to his new role, including serving as chief mar- keting officer for Experian, Wells Fargo Advisors, TaxSlayer and Scottrade. For 10 years, he has been an active leader in the CMO Club, a global member- ship organization with over 800 active heads of marketing worldwide, and most recently served as co-president in Atlanta. In 2015, he was named as America's "Digital CMO" by Adobe and He holds an execu- tive graduate certificate in finance and leadership from The Wharton School of Business at the University of Pennsylvania, earned his MBA from Lindenwood University and holds a Bachelor of Business from Missouri State University. By SSN Staff DALLAS—American Defense Systems, a provider of smart security, automation and sur- veillance, has appointed John Fox to vice president of out- side sales and added Garrett Fiveash into a newly created role to manage commercial accounts and strategic busi- ness development opportuni- ties. Fox will oversee the dealer development team, bringing his industry knowledge and insight to a nation-wide, pro- gram. "Adding John to our outside sales team will allow us to really grow this pro- gram," said Curtis Kindred, owner, president and CEO of American Defense Systems. "We can do more recruiting, and provide a broader level of support to our partners that are already working with us." Fox graduated from the University of North Dakota in 1996, where he played base- ball and earned his Bachelor's degree. He began his career knocking doors and selling alarms door-to-door in 1998. Fox worked his way up into management in 2005. He later started his own company, Lifeline Security and Automa- tion, and in 2013, sold it to GHS Interactive Security, and was promoted to president of sales before joining American Defense Systems. With experience in business development, sales, opera- tions, and installment and fulfillment, Fiveash brings a deep understanding of com- mercial fire, alarm and sur- veillance solutions. "We've made a name for ourselves in the residential space, and have done a num- ber of commercial accounts nationwide, but American Defense Systems has never put our focus on those larg- er-scale commercial oppor- tunities," Kindred explained. "Garrett is the perfect person to take this on, and take our commercial installations to a whole new level." Fiveash started his career in 2008 as a security tech- nician. He excelled quickly, developing and learning new skillsets, and has experienced the smart home security busi- ness from the first call to the i n s t a l l a n d e v e r y t h i n g i n between. Fiveash's commit- ment to keeping up with the latest technology has taken him through various roles in field services, allowing him to obtain state licenses. He joins American Defense Systems after a long tenure with Vault Smart Home. SSN By SSN Staff PROVO, Utah—Vivint Smart Home recently introduced zero-down financing to help property owners and man- agers add smart home tech- nology to their multifam- ily developments with no upfront cost. This is the first zero-down financing option for a comprehensive multi- family smart home solution, making it easier than ever to add smart home capabilities to both new and existing properties. Vivint offers a compre- hensive suite of smart home products designed for rental and multi-family proper- ties. Smart home technology provides significant value to properties, as well as practi- cal benefits for residents and management teams. "Our zero-down financ- ing increases access to smart home technology and levels the playing field for the mul- tifamily community," Tom Few, senior vice president of business development at Vivint Smart Home, said in the announcement. "Nearly any property owner or man- ager can now afford a smart home, whether for a new build or to retrofit existing units." According to Vivint, an increasing number of U.S. households are headed by renters, including 65 percent of Millennials. "As this digital generation floods the multi- family market, owners and managers must look for ways to appeal to more tech-savvy renters," the company said. "At the same time, they need tools to improve efficiency in the face of rising costs." From a single Vivint Smart Home app, residents can con- trol lights, locks, and temper- ature; arm and disarm their security system; and view live video and recorded clips from anywhere. In addition to offering increased security and con- venience, property managers can use Vivint to improve operational efficiency. Using Vivint Site Manager, an inter- active dashboard, property managers can easily onboard new residents, fulfill service requests and manage vacant units from anywhere. Vivint also provides both prop- erty managers and residents with 24/7 customer care and onsite support. Vi v i n t S m a r t H o m e serves millions of custom- ers throughout the U.S. and Canada. SSN Vivint Smart Home zero-down financing "By empowering our pros to diagnose and repair 'behind the wall' appliance issues proactively, they can mitigate the inconvenience of a catastrophic appliance failure." —Mike Nefkens, Resideo Mike Nefkins august 2019 s EC u RI t Y s Y st EM s NEW s Residential s ystems 16 residential s ystems

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