Security Networks Dealers Transition To Monitronics
Online, April 2, 2014 (Newswire.com) - Monitronics has officially converted over 200 Security Networks dealer affiliates to the Monitronics Dealer Program - one of the final steps in integrating the two companies since the acquisition of Security Networks in August 2013.
Security Networks dealer affiliates completed training during the month of February and began originating new accounts under the Monitronics brand last week.
With approximately 620 dealers on board, Monitronics has one of the nation's largest networks of security dealers, with operations in the U.S., Canada and Puerto Rico. When the entire transition is complete, Monitronics will provide alarm monitoring service to over 1 million customers out of its central monitoring center in Dallas.
"With Security Networks customers officially switching over to Monitronics during the second quarter, we're approaching an exciting conclusion to months of preparation, training and patience," said Bruce Mungiguerra, Monitronics' Vice President Operations. "Merging businesses is never easy, but the hard work of many groups across both companies has kept things as organized and efficient as possible."
Joining Monitronics from Security Networks as part of the transition are approximately 60 field technicians which have serviced Security Networks customer accounts across multiple regions. Going forward, the field technicians will service all Monitronics customers. This addition adds substantial depth to the Company's already strong network of field service dealers.
About Monitronics International, Inc.
A subsidiary of Ascent Capital Group, Inc. (NASDAQ: ASCMA), Monitronics is one of the nation's largest and fastest-growing home security alarm monitoring companies. Headquartered in Dallas, it provides monitored home and business security system services to over 1 million residential customers and commercial client accounts through its network of independent Authorized Dealers in the U.S., Canada and Puerto Rico. Monitronics' 24/7 Alarm Response Center provides reliable and uninterrupted security monitoring service while consistently meeting or exceeding all UL, National Fire Protection Association and Central Station Alarm Association standards.
For more information, or to schedule an interview with Bruce Mungiguerra, please call Rob Phillips at 972-243-7443 x3029 or e-mail rphillips@monitronics.com.
