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Article: Security Financing Services Completes $4 Million Acquisition of Alarm Monitoring Assets.
- Article from:
- Business Wire
- Article date:
- February 27, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Portfolio Expected to Generate $4.5 Million Revenue
HOUSTON -- Security Financing Services, Inc. (OTC Pink Sheets: SCYF), a provider of sophisticated, IP and physical security convergence solutions, has closed the final two tranches of a $4 million, three-tranche purchase of alarm monitoring assets. This acquisition includes approximately 3,000 residential and commercial alarm monitoring accounts primarily located in Houston, Dallas and San Antonio, Texas. In addition to the national accounts included in the first tranche of this acquisition, SCYF will be providing alarm monitoring and access control services to: City of San Antonio Police Department, Cities of ...