AlarmForce Expands U.S. Operations with Entry into Ohio.TORONTO -- AlarmForce Industries Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AF) is pleased to announce that it is expanding its current operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with a base in the city of Columbus The passenger steamer City of Columbus ran aground on Devil’s Ridge off of Gay Head Cliffs in Martha's Vineyard, Massachusetts in January 1884. She was owned by Boston & Savannah Steamship Co. and was built in 1878. She was an early iron steamer with a tonnage of 2,200. , thus initiating coverage in the Ohio market. Joel Matlin, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AlarmForce, said "The population of Ohio which is 11.4 million will add to the North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. population of 8.4 million, representing a combined mass-market opportunity of approximately 20 million people. As a result, Ohio will contribute significantly to the future rate of growth for AlarmForce. " Mr. Matlin said "Commencing in mid January 2006, the company intends to build the AlarmForce brand in Ohio just as it is being built in North Carolina, having successfully achieved brand recognition of AlarmForce's two-way voice interactive technology in the major centres across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. ." "Growth in the home alarm market is primarily event-driven, which underscores the value of brand awareness in furthering revenue growth and expanding the subscriber account base. Our strong value position, combined with economies of scale leveraged from our Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. back office will contribute to our future success." Mr. Matlin added "The company is continuing to expand the subscriber base organically in our current fiscal year, using cash flows generated from Canadian operations to finance the investment in new accounts and brand development in the United States. We are continuing to evaluate our marketing programs as well as potential future markets in other States where population density would offer attractive market opportunities to AlarmForce. We are confident that the strong financial position and cash flows which differentiate the company from others in the industry, will continue to enable AlarmForce to grow successfully in the United States over the next few years." AlarmForce Industries Inc. is Canada's largest manufacturer and installer of two-way voice home alarm systems and line-cut protection. There are offices serving all major markets in Canada and selected markets in the United States. Alarmforce Industries Inc. (TSX:AF) |
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