Alarmforce Announces Record New Installations For 2005.TORONTO -- 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. is pleased to announce that AlarmForce Industries Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AF) closed its 2005 fiscal year with record annual alarm installations of 13,400 new subscribers for the year ended October 31, 2005. This marks the highest growth of new subscribers in the company's history and more than doubles the average growth rate of the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. industry. This growth resulted in 8,000 net new accounts, bringing the company's total monitored account base to over 56,700 subscribers, which is a 16.4% increase from last year. "The company is pleased at this early stage with the operations in 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. and is evaluating other areas 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. which present opportunities for its unique operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. . Currently subscriber accounts are being generated from three new centres that together represent a significant portion of the North Carolina population. On a monthly basis, the brand awareness in North Carolina is continuing to expand, fuelling increases in organic growth." "In 2005 approximately 7% of the company's new subscribers came from the United States. We believe that the marketing programs that the company has initiated, will lead to more than 14% of the company's total new subscribers in 2006, coming from the U.S.A. " In connection with the future outlook for the company Mr. Matlin added, "AlarmForce has a strong financial base with sufficient cash resources to continue to expand and build a solid foundation for our brand in the United States, relying on our existing back-office infrastructure and without duplicating our fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). . Therefore we have an exciting opportunity and the capability to deliver an unprecedented level of growth in 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 with offices serving all major markets in Canada and strategically selected markets in the United States, and over 56,000 subscribers. Alarmforce Industries Inc. (TSX:AF) |
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