TSX - Trading symbol - AF
TORONTO, Dec. 10, 2012 /CNW/ - Joel Matlin, President and CEO, announced
that AlarmForce Industries Inc. closed its fiscal year ended October
31, 2012, with over 26,000 new accounts, bringing the total number of
subscribers to over 134,000.
Mr. Matlin said, "The total growth in subscribers reflects an annual
rate of increase of 8% over 2011. Our US subscribers now exceed 20% of
the AlarmForce customer base. We are also pleased to report that over
3,000 VideoRelay systems have been installed."
Mr. Matlin concluded, "Our installation, sales and support, and
engineering staff have been expanded to support significant growth
across all our service territories, as we continue to gain traction
from our video technology. With the strong rate of expansion in our US
markets, as well as the investment in VideoRelay technology, we are
very optimistic about our subscriber growth going into 2013."
AlarmForce provides security alarm monitoring, personal emergency
response monitoring, video surveillance and related services to
residential and commercial subscribers throughout Canada and selected
centers across the United States. AlarmForce is a leading provider of
two-way voice alarm systems in Canada. More information about the
Company's products and services can be found at www.alarmforce.com and www.videorelay.com.
SOURCE: Alarmforce Industries Inc.
For further information:
Investor Relations Department
Tel: (416) 445-2001 Ext.225 Fax: (416) 445-9381