Scott C. Peterson Joins My Alarm Center as CFO
Financial Veteran Brings Extensive Security Industry Experience
Newtown Square, Pennsylvania (April, 2013)
Mr. Peterson brings 20 years of expertise and a strong track record of forecasting, budgeting, acquisition, and expansion in the home security industry. "Scott is the final piece in our senior management puzzle and we are so excited to have him join us," said Amy Kothari, President & CEO, of My Alarm Center. "He has all the right experience, has a stellar reputation in our industry, and knows the landscape in which we are planning to grow and expand. We really couldn't have found a better person for this job. "
Mr. Peterson has shown consistent 20 percent increases in company revenue and particular proficiency for streamlining, modernizing, and automating. His profit-oriented mentality is coupled with experience in leadership, management, and working with various Boards of Directors. Most notably, he raised $6.5 million and founded U.S. Alarm Fundings, a rapid growth alarm company with profitability exceeding industry average.
"My Alarm Center is exactly where I want to be, working with a team to ensure access to capital for aggressive growth goals," said Mr. Peterson. "The company has done really well since its founding and has a strong financial position to take advantage of future home security and home automation growth opportunities.
Most recently, Mr. Peterson served as the CFO for Eyewitness Surveillance, where he was responsible for helping to grow the company 30-40 percent internally and raising capital to fund additional growth. He has also been CFO at PS Energy Group Inc., and Integrated Excellence, LLC; VP for the New England Division of Wind River Environmental; and CFO and VP of Residential Operations for Smith Alarm Systems, Inc.
About My Alarm CenterFounded in 2000, Philadelphia-based My Alarm Center provides the most technologically advanced residential and small commercial security services and home automation technologies to households and businesses across the United States. Services include cellular monitoring, fire, flood and carbon monoxide protection, identity theft protection, and personal emergency response systems. The company's flagship service, MyHome, offers mobile home control and monitoring, the newest technology available in the market. For more information visit: MyAlarmCenter.com.