HSM Purchases the Commercial and Residential Accounts of Sylvester’s Security Alarms, Inc.

Jupiter, FL (July 20, 2005)—HSM (formerly Honeywell Security Monitoring) has announced the purchase of the commercial and residential alarm accounts of Sylvester’s Security Alarms, Inc. located in Santa Maria, CA. The sale includes commercial and residential accounts within California’s Central Coast markets.

A local office will be retained, as will many employees of Sylvester’s, which has been in business since 1960. Terms of the sale were not disclosed.

“Sylvester’s is a great company and we are thrilled to have acquired an industry-leader with a great track record and longevity in business,” states Timothy J. Whall, President and Chief Operating Officer of HSM. “The Sylvester’s acquisition opens a new market for HSM, while helping us to foster our continued growth in national accounts.”

Don Sylvester, President of Sylvester’s Security Alarms, states “After entertaining numerous offers, I have selected HSM to take Sylvester’s forward. I believe that Jim Covert can take my company to the next level and offer my employees greater career opportunities than the other companies I spoke with.”

Independent Security Consultants, Inc. and Senior Consultant Paul Udell, worked with Don Sylvester for more than a year prior to bringing the opportunity to the market. “It is important for the seller to be fully prepared to deliver the reports and schedules necessary to complete a transaction this size,” states Udell. Independent Security Consultants, Inc. notes that working with HSM’s due diligence team was a great experience because they are seasoned professionals in the industry.

For more information, contact:
Lynda Knott
Murphy Knott Public Relations, Inc.
lknott@murphyknott.com
847-441-4166