
News
Release
EMC
Security Moves 20 Points in National Ranking
FOR IMMEDIATE RELEASE
June 26, 2007
Contact
Greg Brooks, 770/266-2307
LAWRENCEVILLE,
Ga. - EMC
Security, a provider of residential and commercial security
services and residential home technology, moved from 74th to
54th in total sales volume among the top 100 security firms
in the nation as ranked by Security Distributing & Marketing
(SDM), a security industry publication.
Each
year since 1990, SDM has surveyed the largest security dealers
in the United States, tabulated the results and ranked the
firms from largest to smallest in a report called the SDM 100.
The SDM 100 measures the size of the consumer market captured
by electronic security service providers.
EMC
Security was first ranked in the SDM 100 in 2003 as 76th in
gross revenue. This year, SDM for the first time ranked security
firms according to recurring monthly revenue with EMC Security
placing 55th.
“The
change in our ranking is a direct result of the growth in the
number of customers we serve, as well as the addition of GreyStone
Power Corporation to our partnership last year,” says
Vince Raia, EMC Security president.
EMC
Security began offering local service and monitoring in June
1998. It ended its first year of operation with just 200 subscribers.
A
joint venture of Jackson Electric Membership Corporation, Walton
Electric Membership Corporation and GreyStone Power Corporation,
EMC Security installed 7,170 new systems (monitored and non-monitored)
during the year, growing to 20,000 subscribers.
While
U.S. security firms covered by the report averaged a four percent
increase in customers served in 2006, EMC Security's customer
base grew 54 percent. During the same period, revenue growth
among the majority of security firms covered in the SDM 100
reported a modest five percent, while EMC Security's revenue
increased 39 percent.
“We
built our subscriber base by offering a product the way the
public wants it (no contract for monthly monitoring), offering
that product at a reasonable price and backing it up with outstanding
customer service,” says Raia. “Since we've never
purchased subscribers from other security companies, we truly
are a homegrown operation.”
EMC Security
currently provides both residential and commercial security services,
as well as home technology services such as advanced wiring, home
theater and whole house audio to subscribers in the metro-Atlanta/Northeast
Georgia area, serving members of the three electric cooperatives
as well as the general public.
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