Company News From Brink’s, Optelecom-NKF, Sonitrol, Ingersoll-Rand, Tri-S Security, and ADI

Brink’s Inc. Posts Higher Quarterly Earnings
Brink’s Co.
reported second quarter income from continuing operations of $21.2 million, or 42 cents per share. This is up $2.2 million, or 4 cents per share from last year’s second quarter. The company attributes the improved results to higher profits generated by Brink’s Inc., the company’s secure transportation and cash management business. This is due to stronger performance in North and South

America, which has more than offset the continued market weakness in certain European countries. An increase in profits for Brink’s Inc. was also realized because of higher profits realized by Brink’s Home Security, lower interest expense, lower expenses as it relates to former operations and a lower overall tax rate.

Optelecom-NKF Inks IP Video Security Contract With Saudis
Optelecom-NKF Inc.
has been awarded an $800,000 contract for the installation of a video over IP security and surveillance network. The advanced IP-based system, which uses the growingly popular IP technology, will be installed at an undisclosed location within Saudi Arabia.

Germantown, Md.-based Optelecom-NKF will provide system design based on its new SIQURA™ line of products. The system will be designed to provide mission-critical, fault-tolerant video over an IP connection using high-quality MPEG-2 video streaming over Ethernet.

Sonitrol Extends Reach in Mid-Atlantic, Northeast Markets
Sonitrol Corp.
announces the acquisition of full operating rights of its Washington, D.C., territory. The addition of the territory, in conjunction with the corporation’s offices in Baltimore, Philadelphia, New York and Boston, is expected to give the firm a major presence in the Middle Atlantic and Northeastern markets.

Other major metropolitan areas acquired by Sonitrol during the past two years include Philadelphia, New York, Miami, Orlando, Fla., Columbus, Ohio, and Kansas City, Kan., among others.

IR Reports Record Quarterly Earnings, Revenues
Ingersoll-Rand Co. Ltd.
announces record earnings and revenues for the second quarter of 2006. The firm reported net earnings of $313.5 million, or a diluted earning per share (EPS) of 95 cents. This includes $322 million, or an EPS of 97 cents, from continuing operations, as well as $8.5 million of costs, or EPS of 2 cents, from discontinued operations, which represents retained costs of divested businesses.

Ingersoll-Rand realized a net earning of $285.4 million during second quarter 2005, or an EPS of 83 cents. The company’s revenues increased by 10 percent to $3,041.9 million compared with revenues of $2,759.5 million for the 2005 second quarter.

In Brief

Tri-S Security Sells Home Monitoring Contracts to SAFE
Tri-S Security Corp. announces the sale of the home monitoring customer contracts of International Monitoring Inc. (IMI), one of the companies included in Tri-S Security’s acquisition of The Cornwall Group in October 2005. The customer contracts were purchased by Security Alarm Financing Enterprises (SAFE) in July.

Tri-S sold both wholesale and retail accounts belonging to IMI to SAFE for $680,000. Proceeds from the sale will be used to increase Tri-S’ cash availability under its credit agreement. According to Tri-S, the remaining IMI accounts will eventually be sold to SAFE as those accounts achieve certain provisions set forth in the agreement.

ADI Partners With American Power Conversion
ADI, a wholesale distributor of security and low- voltage products, announces it will partner with American Power Conversion (APC) to offer a line of power conditioning and battery back-up products designed for the home and AV industry.

With the addition of APC’s line of power protection infrastructure, ADI will now offer a more comprehensive product line for home and commercial applications, says Scott Sturgess, ADI’s director of product management, Intrusion & Fire Products.

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