ADT Contributes $1 Million to Assist Over 100 Nonprofits Across America Hit Hard by Coronavirus

 ADT Always Cares (image)ADT Contributes $1 Million to Assist Over 100 Nonprofits Across America Hit Hard by Coronavirus | #TpromoCom #ADT #Donation #COVID19 | ADT, a leading security and automation provider serving residential and business customers, announced today it is providing $1 million, through its ADT Always Cares program, to support over 100 nonprofit organizations in 44 states and Puerto Rico affected by COVID-19.

The funds are being allocated in $5,000 and $10,000 increments to nonprofits in communities where ADT employees live and work. Local ADT teams are determining which charities to support with choices ranging from soup kitchens and homeless shelters to first responder organizations or any other nonprofit which serves those in need.

“All of us at ADT are immensely grateful to our hometown heroes on the front lines who are selflessly continuing to serve their communities while facing the unique challenges of a COVID-19 environment,” said Jim DeVries, President and CEO of ADT. “Through our giving, we are supporting local organizations who share our passion and commitment to create safer neighborhoods, improve lives and help make the world a better place.”

The check presentations will start May 18 and continue through June. One of the first $10,000 recipients will be Gleaners, an Indianapolis food bank that has distributed over a half a billion pounds of food since 1980.

“Gleaners is navigating the hunger relief crisis associated with COVID-19. We are grateful for the ADT contribution which will help us provide emergency food boxes throughout our service area to hungry Hoosiers, many of whom find themselves struggling to put food on the table for the first time,” said John Elliott, President and CEO of Gleaners.

As part of ADT’s award-winning Always Cares program, employees volunteer more than 20,000 hours each year benefiting hundreds of non-profit organizations and touching the lives of thousands in need. Examples of support include providing meals through local food banks, building homes with Habitat for Humanity, beautifying Ronald McDonald Houses and much more. ADT also supports police and fire departments through its LifeSaver celebrations, a signature program that recognizes ADT employees and first responders who help save the lives of ADT Customers.

For more information about ADT, please visit www.adt.com and follow us on Facebook, Twitter, Instagram and LinkedIn.

About ADT
ADT is a leading provider of security, automation, and smart home solutions serving consumer and business customers through more than 200 locations, 9 monitoring centers, and the largest network of security professionals in the United States. The Company offers many ways to help protect customers by delivering lifestyle-driven solutions via professionally installed, do-it-yourself, mobile, and digital-based offerings for residential, small business, and larger commercial customers. For more information, please visit www.adt.com or follow on Twitter, LinkedIn, Facebook and Instagram.

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ADT, CellBounce Set to Release 3G Sunset Solution by Summer 2020

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ADT, CellBounce Set to Release 3G Sunset Solution by Summer 2020 | #TpromoCom #ADT #Cellular #3GSunset | While the 3G sunset has been on the minds of integrators for months, ADT and CellBounce are working on a solution that will allow homeowners to keep using their existing products.

ADT announces the development of a solution for the residential security market’s need to adapt to the 3G sunset, which is scheduled for February 2022. Through a strategic partnership with technology startup CellBounce, ADT anticipates a user-installed, plug-and-play solution for the 3G-to-4G conversion will be ready by late summer 2020.

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Comcast and ADT keynote 24th annual CONNECTIONS™: The Premier Connected Home Conference

Comcast and ADT keynote 24th annual CONNECTIONS™: The Premier Connected Home Conference

Comcast and ADT keynote 24th annual CONNECTIONS™: The Premier Connected Home Conference | #TpromoCom #Parks #ADT #Comcaset | Nearly 60% of smart home device owners prefer to control their devices via an app on their smartphone 

Parks Associates today announced executives from Comcast and ADT will deliver keynotes at the firm’s 24th annual CONNECTIONS™: The Premier Connected Home Conference, May 19-21 at the Hyatt Regency San Francisco Airport in San Francisco, California. They will join a lineup that includes ANGI Homeservices/Handy and Vivint Smart Home, addressing business models, new technologies, and partnerships impacting the growth of solutions for consumers at home.

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Noopur Davis, EVP, Chief Product and Information Security Officer, Comcast, and Bob Kupbens, President, Chief Strategy and Product Officer, ADT, will address ways to leverage connectivity in the home through partnerships, product integrations, and new solutions that create a valuable experience for consumers while also addressing data privacy and security. Oisin Hanrahan, Chief Product Officer, ANGI Homeservices; Co-founder & CEO, Handy, and Jim Nye, Chief Product Operations Officer, Vivint Smart Home, are also presenting keynotes at the executive conference.

Early sponsors include Alarm.com, Rapid Response Monitoring, Cirrent, Everise, Firedome, Intellithings, MMB Networks, PassiveBolt, Z-Wave, Zen Ecosystems, Aprilaire, Sprosty Network, Wi-Charge, Gadgeon, and Inspire.

Parks Associates’ research finds nearly 60% of smart home device owners prefer to control these devices via an app on their smartphone. Among these, 31% express a preference for an app that controls a single device, while 28% prefer an app that can control all smart home devices.

“Companies can extend the value of smart home solutions for consumers by extending benefits throughout the home,” said Elizabeth Parks, President, Parks Associates. “At CONNECTIONS™, we welcome industry leaders from all areas of the consumer technology ecosystems to discuss strategies to extend value to the consumer and build on today’s leading business models.”

Parks Associates notes that top players are pursuing the goal of enhancing consumer value and engagement through three different strategies.

“The three main strategies are custom smart home controller installation, a cooperative platform by a service provider, and DIY products such as voice-based platforms,” Parks said. “Companies like Control4, Josh.ai, and Savant provide a premium service with a custom smart home controller that can control virtually all devices through a single app. Service providers such as Alarm.com, Vivint, and Comcast are leveraging their existing platforms in the home. Finally, many manufacturers are deploying voice-based platforms, like the Amazon Alexa or Google Assistant, which are having an enormous impact on the ability to control and manage different devices in the home.”

For questions about speaking opportunities, please contact Mindi Sue Sternblitz-Rubenstein, speakers@parksassociates.com, 972-490-1113. To request data or an interview, contact Elizabeth Parks, eparks@parksassociates.com, 972-490-1113.

For more information, visit www.connectionsus.com.

ABOUT CONNECTIONS

Parks Associates’ 24th annual CONNECTIONS™: The Premier Connected Home Conference will take place May 19-21, 2020, at the Hyatt Regency San Francisco Airport in San Francisco.

CONNECTIONS™ hosts more than 650 executives from the connected entertainment, security, smart home, health, and energy industries. CONNECTIONS™ provides networking opportunities combined with visionary keynotes and conference sessions focused on technology innovations, consumer research on adoption and trends, product and service forecasts, and evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design. The event also features a research workshop with a deep dive into Parks Associates’ consumer data and trends in the smart home markets.

Throughout the event, sponsors offer tabletop demos during networking events, spotlighting new technology innovations and services for the entertainment, mobile, and smart home market segments. For more information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com.

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ADT launches new home automation system nationwide

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ADT launches new home automation system nationwide | #TpromoCom #ADT #Security #HomeAutomation | ADT, a provider of monitored security and interactive home and business automation solutions in the U.S. and Canada, is rolling out the ADT Command panel and control platform nationwide.

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Building on the ADT Pulse platform, which was introduced in 2010, ADT Command offers a rich feature set customized to address customers’ lifestyle and needs, while increasing operational efficiencies.

“At ADT we are dedicated to security and leveraging technology to meet the needs of the evolving smart home industry while bringing the best in-home protection to our customers,” Jim DeVries, Chief Executive Officer of ADT, said in the announcement.

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ADT Reports Q4 Net Loss as Total Revenue Improves 7%

ADT Reports Q4 Net Loss as Total Revenue Improves 7% | #TpromoCom #ADT #Financial #Business | The net loss was attributed to the prior year’s income tax benefit, plus a goodwill impairment loss due to underperformance of ADT’s Canadian business.

BOCA RATON, Fla. — ADT (NYSE: ADT) reported a fourth-quarter loss of $149 million late on Monday, compared to net income of $638 million. For the full year, the company reported a net loss of $609 million, or 81 cents a share, compared to net income of $343 million, or 53 cents a share.

ADT’s shares fell more than 10% in after-hours trading Monday. Shares had been gaining 2.7% during regular trading hours ahead of the quarterly results announcement.

For its fourth quarter ending Dec. 31, ADTreported total revenue of $1.19 billion, a 7% increase from the same period a year ago or $80 million year-over-year. This includes incremental revenue associated with acquisitions.

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Jason Calacanis says ADT the Loser With Ring – Amazon Deal

Jason Calacanis says ADT the Loser With Ring – Amazon Deal | #TpromoCom #Amazon #Riing #ADT | Amazon announced Tuesday it was buying the smart doorbell maker. The deal is worth a reported $1 billion and could help the company jump an important hurdle in its Amazon Key delivery business.

“Jason Calacanis claims that the Amazon Ring deal is a knee buster for ADT from a financial standpoint and he cites the ‘thousands of dollars’ and ‘$100 a month’ fees charged by ADT as why people ‘hate that company.’ The truth of the matter is, ADT installs residential systems for next to nothing and they subsidize it with a monthly that might be a bit higher than traditional alarm companies, but certainly is not $100 a month out of the gate,” says Al Colombo, a 30-plus trade publication journalist. “You be the judge in this story and I’m opening up the comment section on this news item for you to voice your opinions, or send an email to allan@tpromo.com.”

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An exciting opportunity now exists to join DEFENDERS, the only ADT-Authorized Premiere Provider for home security systems. To read more about this employment opportunity, click here.

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ADT to go public again

ADT to go public again | #TpromoCom #ADT #business #security | ADT, the global home security company acquired by Apollo Global in 2016, has filed for an IPO with the US Securities and Exchange Commission (SEC) to go back to publicly traded markets.

The company filed the relevant forms on 21st December, and although the initial expense is estimated at $100 million it has been stated that this is purely an estimate and may change in later variations.  It is reported by Bloomberg and WSJ that Apollo Global will retain control of the company, indicating that it will retain at least 50% of the shareholding. To read the remainder of this news story, click  here.

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