| Business Summary | | Security
Associates
International,
Inc.
provides
security
and
fire
alarm
monitoring
services
for
both
residences
and
businesses.
In
this
capacity
the
Company
acts
as
subcontractor
for
independent
alarm
dealers
who
have
contracted
to
provide
alarm
monitoring
services
to
their
subscribers.
Independent
alarm
dealers
are
primarily
owner-operated
companies
with
less
than
10,000
subscribers.
The
Company's
ability
to
attract
new
monitoring
business
is
enhanced
and
supported
by
a
network
of
over
2,500
independent
alarm
dealers,
to
whom
it
also
provides
industry-related
education
in
the
areas
of
technology,
finance,
management
and
marketing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Security
Associates
International
provides
security
alarm
monitoring
services
for
both
residences
and
businesses
through
contracts
with
independent
alarm
dealers
for
subscriber
accounts
owned
by
them.
For
the
six
months
ended
6/30/01,
total
revenues
fell
6%
to
$10.6
million.
Net
loss
totaled
$5.6
million,
up
from
$2.6
million.
Results
reflect
a
decrease
in
the
number
of
accounts
monitored
in
the
Company's
central
stations
and
a
$1
million
write-off
of
acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Thomas Salvatore, 33 | Chairman | Raymond Gross | CEO,
Director | Stephen Ruzika | Vice
Chairman and Chairman of the Exec. Committee | Paul Lucking | COO | Howard Schickler, 53 | Sr.
VP, Gen. Counsel, Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|