NEW YORK, NY / ACCESSWIRE / March 31, 2017 / The Pawar Law Group announces a class action lawsuit on behalf of U.S. Concrete, Inc. (NASDAQ: USCR) investors who purchased U.S. Concrete stock between March 6, 2015 and March 23, 2017, inclusive (the “Class Period”). The suit is for recovery of investor losses.

To participate in this class action lawsuit, visit the firm’s website at http://pawarlawgroup.com/cases/u-s-concrete-inc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com or call toll free at (866) 999-0873.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) U.S. Concrete lacked effective internal controls over financial reporting; and (2) as a result, defendants’ statements about U.S. Concrete’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than May 29, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/u-s-concrete-inc/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com.

Contact:

Vik Pawar, Esq.

Pawar Law Group

20 Vesey Street, Suite 1210

New York, NY 10007

Tel: (212) 571-0805

Fax: (212) 571-0938

vik@pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 458713

NEW YORK, NY / ACCESSWIRE / March 31, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of Fang Holdings Ltd. (NYSE: SFUN) resulting from allegations that the Company may have issued materially misleading business information to the investing public.

On March 29, 2017, Bloomberg News reported that Beijing City’s housing commission canceled the brokerage license of a unit of Fang Holdings because the unit posted fake online information for property sales. On this news, shares of Fang Holdings fell during intraday trading on March 29, 2017.

Our investigation concerns whether the Company issued false and misleading statements to investors causing investor losses. If you own Fang Holdings shares and wish to learn how to protect your investment and recover your losses in Fang Holdings stock, please visit http://pawarlawgroup.com/cases/fang-holdings-ltd/
or contact Vik Pawar at 212-571-0805.

Contact:

Vik Pawar, Esq.

Pawar Law Group

20 Vesey Street, Suite 1210

New York, NY 10007

Tel: (212) 571-0805

Fax: (212) 571-0938

vik@pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 458714

FORT LAUDERDALE, FL / ACCESSWIRE / March 31, 2017 / Paybox Corp (OTCQB: PBOX), provider of the PAYBOX® unified working capital management platform, today announced financial results for the fourth quarter and year ended December 31, 2016. The net loss for the three months ended December 31, 2016, was $1,615,000, compared with last year’s fourth quarter net income of $216,000. The net loss for the year ended December 31, 2016 was $1,471,000, compared with net income of $568,000 for the year ended December 31, 2015.

The losses for both the quarter and the year are attributable to two events: (1) As noted in our Current Reports on Form 8-K filed with the SEC on December 22, 2016, the Company is planning a reverse stock split during 2017. Costs of approximately $263,000 related to this transaction were recorded in the fourth quarter of 2016; and (2) As noted in our Current Reports on Form 8-K filed with the SEC on March 3, 2017, we were notified by our customer, IBM, that they will be terminating one of their contracts with us effective September 1, 2017. Although it is possible that the Company may continue to provide certain services relating to this agreement on a month-to-month basis following termination, there can be no assurances that the Company will continue to provide such services to this client. As a result of this notification, we have recorded a non-cash valuation allowance against our deferred tax asset ($916,000), and expensed all costs capitalized (non-cash) during the year ($372,000) during the fourth quarter of 2016. Excluding the one-time charges associated with the reverse stock split transaction and the IBM notification, net income (loss) for the three months and year ended December 31, 2016 were ($64,000) and $80,000, respectively.

Total revenue for the three months ended December 31, 2016 was $1,467,000, a decrease of $496,000 or 25.2%, from revenue of $1,962,000 for the three months ended December 31, 2015. Total revenue for the year ended December 31, 2016, was $6,512,000, a decrease of $1,499,000, or 18.7%, from revenue of $8,011,000 for the year ended December 31, 2015.

Recurring revenue for the three months ended December 31, 2016 was $1,225,000, a decrease of $434,000, or 26.2%, from recurring revenue of $1,659,000 for the three months ended December 31, 2015. Recurring revenue for the year ended December 31, 2016 was $5,303,000, a decrease of $1,442,000, or 21.4%, from recurring revenue of $6,745,000 for the year ended December 31, 2015. The year-over-year decrease in recurring revenue for both the quarter and year were due to previously disclosed February 2016 and August 2016 terminations of two channel partner clients.

Non-recurring revenue for the three months ended December 31, 2016 was $242,000, a decline of $61,000, or 20.1%, from non-recurring revenue of $303,000 for the comparable prior year period. Non-recurring revenue for the year ended December 31, 2016, was $1,209,000, a decline of $57,000, or 4.5%, from non-recurring revenue of $1,266,000 for the year ended December 31, 2015. The year-over-year decrease in non-recurring revenue for both the quarter and year were due to the non-recurrence of certain large prior year customer-requested modifications, partially offset by higher scanning fees.

Working capital at December 31, 2016, was $2,377,000, a decrease of $331,000, or 12.2%, from working capital of $2,708,000 at December 31, 2015. Cash provided by operating activities at December 31, 2016 was $154,000, a decrease of $1,578,000 compared to cash provided by operating activities of $1,732,000 for the same period in 2015. About $635,000 of this decline resulted from the above-noted reverse stock split transaction costs and the reversal of previously capitalized IBM capitalized software costs.

Paybox Corp Chairman and Chief Executive Officer, Matthew E. Oakes, stated, “The notification of termination from IBM was obviously disappointing but the momentum of our numerous new customer signings during late 2016 and early 2017, coupled with the expected savings to be derived from the reverse stock split, will give us the runway to grow the business profitably in the near future. These customer signings demonstrate the market driven demand for our Paybox suite of services and we continue to aggressively move to address the opportunity.”

The financial information stated above and in the tables below has been abstracted from Paybox Corp’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, filed with the Securities and Exchange Commission on March 29, 2017, and should be read in conjunction with the information provided therein.

Summarized Financial Information –
Statements of Income

For the Three Months Ended

For the Year Ended

Dec. 31,
2016

Dec. 31, 2015

Dec. 31, 2016

Dec. 31,
2015

Revenue

$
1,467,000

$
1,962,000

$
6,512,000

$
8,011,000

Operating
Income (Loss)

$
(438,000
)

$
217,000

$
(292,000
)

$
595,000

Other Expense (Income), Net

$
(264,000
)

$
2,000

$
(263,000
)

$
4,000

Income (Loss) Before Income Taxes

$
(700,000
)

$
215,000

$
(555,000
)

$
591,000

Provision for (Benefit from) Income Taxes

$
(917,000
)

$
(1,000
)

$
(916,000
)

$
23,000

Net Income (Loss)

$
(1,615,000
)

$
216,000

$
(1,471,000
)

$
568,000

Basic and diluted Income (Loss) per Share

$
(0.12
)

$
0.01

$
(0.11
)

$
0.04

Basic shares outstanding

13,046,000

12,890,677

12,989,000

12,846,000

Diluted shares outstanding

13,046,000

12,902,677

12,989,000

12,865,000

Summarized Financial
Information – Balance Sheet

Balance Sheet

Dec. 31, 2016

Dec. 31,
2015

Total
Cash

$
2,346,000

$
2,375,000

Total
Current
Assets

$
4,016,000

$
4,224,000

Total
Assets

$
5,397,000

$
6,600,000

Total Current Liabilities

$
1,639,000

$
1,516,000

Total
Liabilities

$
1,639,000

$
1,516,000

Total Stockholders’
Equity

$
3,758,000

$
5,084,000

About PAYBOX Corp

PAYBOX® provides a powerful platform for unified working capital management that facilitates over $160 billion worth of transactions annually between more than 375,000 companies worldwide. PAYBOX Corp’s clients include IBM, Siemens, HP Enterprises, Saint Gobain, Carlson, and one of the world’s largest financial institutions. The flagship component of PAYBOX’s unified working capital management platform is PAYBOX® Cloud, which offers robust and secure Accounts Payable and Receivables solutions that seamlessly integrate with a company’s ERP system. Paper, manual processes, and customer/client invoice inaccuracies and associated resolution costs are eliminated, while improving working capital and customer satisfaction. Learn more at www.gopaybox.com.

FORWARD-LOOKING STATEMENTS

Statements in this press release regarding our future operations are forward-looking statements. Such forward-looking statements are based on the beliefs of the Company’s management, as well as assumptions made by and information currently available to the Company’s management. These statements reflect the views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. Actual results could differ materially from those contemplated by the forward-looking statements as a result of various factors, including but not limited to, our ability to successfully implement our platform for new customers, our ability to retain existing customers, the effectiveness of our marketing efforts in attracting new customers, the success of our research and development efforts in continuing to create competitively attractive e-invoicing solutions, other competitive factors, general business and economic conditions, and pricing pressures. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.

Corporate Contact:

Matthew E. Oakes
Paybox Corp
954-510-3750
investorrelations@gopaybox.com

SOURCE: Paybox Corp

ReleaseID: 458708

TORONTO, ON / ACCESSWIRE / March 31, 2017 / RJK Explorations Ltd. (TSX-V: RJX.A) (“RJK” or the “Company”) RJK wishes to advise, further to the news release dated March 17, 2017, it has received an extension from the TSXV with respect to the duration of its previously announced private placement. The outside date upon which final acceptance of the private placement will be granted by the TSXV is May 3, 2017.

Contact Information
Glenn Kasner, President
Telephone: (705) 567-5351
Mobile: (705) 568-7567
info@rjkexplorations.com

Forward Looking Information
This news release includes certain forward-looking statements, which may include, but are not limited to, statements concerning future mineral exploration and property option payments. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “will”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “propose” and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or implied in this news release. Factors that could cause actual results to differ materially from those anticipated in this news release include, but are not limited to, the financial resources of the Corporation being inadequate to carry out its stated plans. RJK assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.

SOURCE: RJK Explorations Ltd.

ReleaseID: 458711

DENVER, CO / ACCESSWIRE / March 31, 2017 / Midway Gold Corp. (“Midway” or the “Company”) (OTC PINK: MDWCQ) (TSX: MDW) announces that it has filed a Second Amended Joint Chapter 11 Plan of Liquidation (the “Plan”) and Disclosure Statement for the Plan (the “Disclosure Statement”).

As previously announced, on June 22, 2015, Midway, and certain of its subsidiaries and affiliates, including Midway Gold US Inc., filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Colorado (the “Chapter 11 Proceedings”).

The Disclosure Statement was approved by the United States Bankruptcy Court for the District of Colorado (the “Court”) on March 2, 2017, as having adequate information for purposes of section 1125 of the United States Bankruptcy Code, and Midway and its affiliated debtors are in the process of soliciting votes with respect to the Plan. The voting deadline is April 14, 2017. The confirmation hearing for the Plan is scheduled to take place before the Court on May 2, 2017.

The Plan, among other things: (i) divides claims and equity interests into separate classes; (ii) specifies the property that each class is to receive, if any, under the Plan on account of allowed claims and interests; and (iii) contains other provisions necessary to implement the Plan.

The assets available for distribution under the Plan are comprised of: (i) Cash on hand; (ii) the Remaining Assets; (iii) the Retained Causes of Action; (iv) all proceeds of the foregoing; and (v) all other assets transferred to the Midway Liquidating Trust constituting Liquidating Trust Assets, as described in greater detail in the Disclosure Statement and the Plan.

The Plan also provides for the appointment of the Liquidating Trustee and for the transfer of substantially all of the Company’s remaining assets to the Midway Liquidating Trust. The Liquidating Trustee will administer the Plan and the Midway Liquidating Trust. The Liquidating Trustee will also serve as the representative of the Company’s estate for the purpose of liquidating any remaining assets, pursuing retained causes of action, if any, and otherwise winding up the bankruptcy cases.

The Midway Liquidating Trust shall be established for the purpose of: (i) administering the Liquidating Trust Fund; (ii) resolving all Disputed Claims; (iii) pursuing the Retained Causes of Action; (iv) selling, transferring or otherwise disposing of the Remaining Assets; and (v) making all Distributions to the Beneficiaries provided for under the Plan, and, except as provided in the Plan, for all other purposes related to the administration of the Plan.

Key elements of the Plan include:

Funding of various reserves for payment of allowed claims;
Settlements with the Senior Agent, the Subordinate Agent, the Committee, Ledcor, Jacobs and the Mechanic’s Lien Claimants;
Allocation of the GRP Sale Proceeds and other assets; and
Satisfaction of all allowed claims, including the twelve designated classes of claims and equity interests, on the terms set forth in the Plan.

Additional information regarding the matters referenced above, including copies of the Plan and Disclosure Statement, are available at http://dm.epiq11.com/MidwayGold.

The Chapter 11 Proceedings have been recognized by the Supreme Court of British Columbia pursuant to Part IV of the Company’s Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended, as action 5-155201, Vancouver Registry (the “CCAA Proceedings”). Additional information regarding the CCAA Proceedings are available at http:www.ey.com/ca/midway.

Capitalized terms used but not defined herein have the meanings ascribed to those terms in the Plan.

About Midway Gold Corp.

Midway Gold Corp. is a North American exploration and mining company with precious metals properties located in Nevada and Washington states. On June 22, 2015, Midway, and certain of its subsidiaries and affiliates, including, Midway Gold US Inc., filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Colorado. All of the Company’s mineral assets have been sold during the bankruptcy proceedings. Additional information and other materials related to the restructuring, including documents filed with the Court, are available at http://dm.epiq11.com/MidwayGold.

For More Information on Midway, Contact:

Midway Gold Corp.
Public Relations: 303-689-8837
www.midwaygold.com

Cautionary Note Regarding Forward-Looking Statements:

Certain disclosures in this release constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company’s current beliefs as well as assumptions made by and information currently available to the Company. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The liquidation analysis, distribution projects and other information contained in the Plan and herein are estimates only, and the timing and amount of actual distributions to holders of allowed claims may be affected by many factors that cannot be predicted. Therefore, any analyses, estimates or recovery projections may or may not turn out to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Midway Gold Corp.

ReleaseID: 458709

ROUND ROCK, TX / ACCESSWIRE / March 31, 2017 / TSS, Inc. (OTCQB: TSSI) will host a live webcast to discuss the results of the fourth quarter 2016, to be held Monday, April 3, 2017 at 4:30 PM Eastern Time.

Live Event Information

Date, Time: April 3, 2017 at 4:30 PM ET
Live Webcast: www.investorcalendar.com/IC/CEPage.asp?ID=175790 or http://ir.totalsitesolutions.com/events.cfm

If you are unable to participate during the live webcast, the event archive will be available at www.investorcalendar.com or http://ir.totalsitesolutions.com/events.cfm.

About TSS, Inc.

TSS is a trusted single source provider of mission-critical planning, design, system integration, deployment, maintenance, and evolution of data centers facilities and information infrastructure. TSS specializes in customizable end to end solutions powered by industry experts and innovative services that include technology consulting, engineering, design, construction, operations, facilities management, technology system installation and integration, as well as maintenance for traditional and modular data centers www.totalsitesolutions.com.

SOURCE: Investor Network

ReleaseID: 458589

The Conference Call is Scheduled for April 3, 2017; See the Time and Dial-in Number Below

VICTORIA, BC / ACCESSWIRE / March 31, 2017 / FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE MKT: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients, and water treatment, as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today, the Company announces financial results for the fourth quarter and full year ended December 31, 2016.

Mr. Dan O’Brien, CEO, states, “The oil industry was dealing with unstable pricing during 2016, while our other major market vertical, agriculture, struggled with low and stable prices. It is a testimony to the hard work and skill of the FSI employee team that we attained some growth even with these headwinds. So far in 2017, oil prices have been more stable, allowing the industry to plan rather than react, and agriculture is more comfortable, with corn at $3.50. We think this may allow FSI to see significant growth for full year 2017.”

Sales for the full year 2016 were up slightly at $16,246,014 when compared to $15,898,547 for full year 2015. The result was an after tax GAAP accounting net income of $1,793,334, or $0.16 per weighted average share, compared to an accounting net income of $1,504,696, or $0.11 per weighted average share, in full year 2015 (note: a share buyback of 1,750,000 shares in January 2016 has a significant effect on the earnings per share figures).
Non-GAAP operating cash flow: (for details, see the following table) For the 12 months ending Dec. 31, 2016, net income (loss) reflects $925,276 of net non-cash adjustments, Income Tax expense of $982,133, Gain on sale of equipment of $6,848, and Interest income of $2,184. When these items, items not related to current operations of the Company, are removed, the Company shows positive operating cash flow of $3,691,711, or $0.32 per share. This compares with 2015 operating cash flow of $3,010,917, or $0.23 per share.
EBITDA for 2016 was $3,667,092, or $0.32 per share, as compared to $2,984,575 in 2015, up approximately 23% year over year.
FSI has been carrying a deferred tax recovery asset in the financials, which was realized as an asset on the Balance Sheet in 2013. The Deferred Asset was the result of the commencement of the expensing of the Alberta factory against the Company’s US income. Past and current factory construction and operating expenses not yet applied against FSI’s US income are being carried forward, as allowable, to reduce the NanoChem Division’s revenue for income tax calculation.

The NanoChem division continues to be the dominant source of revenue and cash flow for the Company. New opportunities continue to unfold in detergent, water treatment, oil field extraction, and agricultural use to further increase sales in this division. In past years, the NanoChem division sales have been less volatile quarter over quarter, however, due to increasing sales to agriculture, revenue seasonality may become larger. Also, new sales opportunities have appeared in the WaterSavrTM division as a result of the ongoing drought in the southern United States. Many municipalities are water stressed and are seeking ways to conserve water.

Conference call

** CEO, Dan O’Brien has scheduled a conference call for 11:00am EST, 8:00am PST, Monday April 3, 2017 to discuss the financials. To attend this call, dial 1-888-811-5427 (or 1-913-981-5529). The conference call title, “Full Year 2016 Financials” may be requested. **

The above information and following table contain supplemental information regarding income and cash flow from operations for the 3 and 12 months, respectively, ended Dec. 31, 2016 and 2015. Adjustments to exclude depreciation, stock option expenses, and one time charges are given. This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income. The reconciliation of each of the Non-GAAP financial measures is as follows:

FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
Consolidated Statement of Operations
For 3 & 12 Months Ended Dec. 31 (12 Months Operating Cash Flow)
(12 month audited / 3 month unaudited)

3 and 12 month revenue ended Dec. 31

2016

2015

3 month

3 month revenue

Revenue NON-GAAP

$
4,083,162

$
3,730,522

12 month revenue

12 month

Revenue GAAP

$
16,246,014

$
15,898,547

Net income (loss) GAAP

$
1,793,334 a

$
1,504,696 a

Net income (loss) per share GAAP

$
0.16 a

$
0.11 a

12 month weighted average shares used in computing per share amounts – basic GAAP

11,464,270

13,173,827

The following calculations begin with: Net income (loss). GAAP

12 month Operating Cash Flow

ended Dec. 31

Operating cash flow (12 month). NON-GAAP

$
3,691,711 c

$
3,010,917 b

Operating Cash flow per share (12 months) – basic. NON-GAAP

$
0.32 c

$
0.23 b

Net Non-cash Adjustments (as per Consolidated Statement of Cash Flow)

$
925,276 d

$
698,607 d

12 month basic weighted average shares used in computing per share amounts – basic. GAAP

11,464,270

13,173,827

Notes: certain items not related to “operations” of the Company have been excluded as follows.:

a) Significant information. Expensing of the Alberta factory against US income began in 2013.
b) NON-GAAP – amount excludes certain non-cash items: depreciation ($578,338), stock compensation expense ($82,112), deferred income tax expense ( $38,157), interest income ($2,963), loss on sale of equipment($45,249), and income tax expense ($765,328). These are 12 month numbers as per the financials.
c) NON-GAAP – amount excludes certain non-cash items: depreciation ($540,079), stock compensation expense ($66,318), deferred income expense ($303,793), interest income ($2,184), gain on sale of equipment ($6,848), loss on investment ($15,086) and income tax expense ($982,133). These are 12 month numbers as per the financials.
d) NON-GAAP amount represents: depreciation, stock based compensation, deferred income (expense) tax recovery, and loss on investment per the Consolidated Statement of Cash Flows.

Safe Harbor Provision

The Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission.

Flexible Solutions International
206 – 920 Hillside Ave, Victoria, BC, V8T 1Z8 CANADA

Company Contact:

Flexible Solutions International – Head Office
Jason Bloom
Tel: 250-477-9969
Tel: 800.661.3560
Email: Info@flexiblesolutions.com

If you have received this news release by mistake or if you would like to be removed from our update list please reply to: danielle@flexiblesolutions.com.

To find out more information about Flexible Solutions and our products, please visit www.flexiblesolutions.com.

SOURCE: Flexible Solutions International

ReleaseID: 458690

LAKE MARY, FL / ACCESSWIRE / March 31, 2017 / SecureNet Technologies (securenettech.com), a market leader in interactive security and automation technologies, today announced that Lance Dean has joined as an active Senior Advisor and Board member.

“Lance Dean has extensive security manufacturing, interactive applications, and security market channel knowledge, which is a highly-valued asset to SecureNet and known throughout the security industry. His joining SecureNet will be instrumental in helping to shape the future of SecureNet,” commented Andrew Wilson, SecureNet CEO.

Dean is a veteran of 33 years in the security industry, with 10 years at Honeywell before co-founding 2GIG Technologies (2gig.com) in 2008. The 2010 launch of the game-changing 2GIG Go!Control panel turned 2GIG into a major industry player, having sold over 3 million systems to date.

2GIG was sold to Blackstone Group, who quickly sold it to Nortek Security & Control in 2013. Dean remained with Nortek for 3 years before launching Encore Controls LLC (encorecontrols.com), bringing to market the Firefighter, a patented listening device that monitors existing home-based smoke detectors, originally developed for the Guru Alert (gurualert.com) environmental platform, powered exclusively by SecureNet.

“I’ve been following SecureNet since first discovering them during my time at Nortek. SecureNet’s disruptive solution is building great momentum within the Smart Home and Security, MSO and quickly evolving Internet of Things (IoT) markets. Now Dealers have access to a quality alternative solution that provides a fully branded application and true platform customization for their unique offering of interactive services. I’m excited by the opportunity to join the SecureNet team, and I look forward to helping accelerate SecureNet’s momentum,” commented Dean.

About SecureNet Technologies

The SecureNet Platform is a turn-key B2B interactive software as a service (SaaS) solution for providers of security, smart home, MSO and broader IoT solutions. A fully customized, exclusively partner-branded and feature-rich solution, SecureNet enables partners to increase RMR and gain efficiencies while enhancing their brand awareness and unique service value.

SecureNet’s next generation architecture provides faster, more secure alarm transport through direct integration into partnering central monitoring stations. A dual-path cloud-based platform, SecureNet provides greater redundancy and supervision while enabling instant response and live 2-way status of all security and connected devices.

SecureNet is a privately held company headquartered in Lake Mary, Florida, with locations in St. Petersburg, Florida, Provo, Utah, Barcelona, Spain, and Sydney, Australia.

SOURCE: SecureNet Technologies

ReleaseID: 458693