Toronto, Canada, December 05, 2008 --(PR.com
)-- Joel Matlin, President and CEO, is pleased to announce that AlarmForce Industries Inc. closed its 2008 fiscal year with record annual installations of 20,700 new subscribers for the year ended October 31, 2008. This marks the highest growth of new subscribers in the company’s history and resulted in 11,700 net new accounts, bringing the total account base to over 90,900 subscribers, which is a 15 % increase over last year.
Mr. Matlin said, “This has been another very successful year for AlarmForce in regard to subscriber growth, especially in light of the economic issues affecting both Canada and the United States. With our proven track record, I am very hopeful that we will continue to deliver significant growth for the foreseeable future.”
AlarmForce Industries Inc. is Canada’s largest manufacturer and installer of two-way voice home alarm systems and line-cut protection with offices serving all major markets in Canada and strategically selected markets in the United States.
For further information, contact:
Investor Relations Dept.
Tel: 416-445-2001 ext#225