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All Press Releases for January 5, 2007 Subscribe to this News Feed    
 

ASG Security Acquires Accutech Systems, Inc.

ASG Security, headquartered in Beltsville, MD, announced today that it completed the acquisition of Accutech Systems, Inc., in Rockville, MD. ASG Security is one of the 15 largest U.S. alarm security companies with operations in the Mid-Atlantic region and throughout the State of Texas.

Beltsville, MD (PRWEB) January 5, 2007 -- ASG Security (www.asgsecurity.com) announced today that it completed the acquisition of Accutech Systems, Inc., at the conclusion of 2006. Headquartered in Rockville, MD, Accutech is a sophisticated commercial electronic security systems integrator serving primarily large commercial and governmental facilities in the Washington, D.C. and Baltimore metropolitan areas. Privately owned since 1987, Accutech sells, installs and maintains CCTV, access control systems, fire and intrusion alarm systems. Accutech Systems has over 800 customer accounts and generates approximately $7M per year in gross revenues including over $200,000 in recurring monthly revenue.

"Our plan to grow the organization and leverage our current facilities and infrastructure in the Washington-Baltimore market came together with this acquisition," commented ASG CEO Joe Nuccio. Accutech's founder, Tim Miller, will remain with ASG as Vice President of Government Sales for ASG's combined Washington-Baltimore operations.

ASG Security (www.asgsecurity.com) is headquartered in Beltsville, Maryland, with full service operations in the Mid-Atlantic/Washington D.C. region and throughout the State of Texas. One of the 15 largest U.S. security alarm companies, ASG is focused on the commercial/industrial, government and residential market segments and serves more than 70,000 subscribers. ASG's service offerings include CCTV, access control solutions, fire alarms and intrusion systems.

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ROBERT RYAN
ASG Security
301-623-4019
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