COMCAST AND COX SIGN AGREEMENTS TO OFFER PREMIUM RESIDENTIAL BROADBAND SECURITY SERVICE WITH SECURITY BROADBAND CORP.
Home Security Company to Provide Innovative Service in Select Markets
AUSTIN, Texas (January 7, 2002) - Security Broadband Corp., a leading provider of premium home security and communications systems, today announced agreements with Comcast Cable Communications, Inc. and Cox Communications, Inc., to begin limited marketing of Security Broadband’s SafeVillageTM system. The SafeVillage service utilizes the existing broadband capabilities deployed by cable operators to deliver professionally monitored home security services featuring two-way audio and real-time video.
Through its agreements with Comcast and Cox, Security Broadband will deliver the Internet-enabled residential security service to cable modem subscribers in the Sarasota, Fla., area and Las Vegas, Nev., during the first quarter of 2002. Comcast and Cox will become the first operators to introduce the advanced security service to their customers.
“Certain lifestyle and economic conditions in the U.S. are creating a growing desire for people to maintain a connection with their homes and families,” said Dallas Clement, senior vice president, strategy and development of Cox Communications. “We feel the SafeVillage service – through its 24-hour professional monitoring and Web site with remote system access features and security-focused content – will be a compelling product for our customers who want to check in on their homes and families at any time.”
Cox conducted technical trials of the SafeVillage service in the fourth quarter of 2000. The primary objectives of the trial were to test the validity and reliability of the system, assess the upstream demands placed on the cable infrastructure, and measure users’ experience with this new technology. Security Broadband utilized the results from the technical trial to hone its service and develop a more robust and reliable product.
“Comcast is looking forward to introducing the SafeVillage security services in the Sarasota area,” said John Ridall, president of Comcast Cable Southern Division. “Our broadband infrastructure – with our soon to be launched Comcast High-Speed Internet Service – is uniquely positioned to deliver products like the SafeVillage service. As a new products and technology leader, it’s incumbent that we remain at the forefront of introducing innovative products like this interactive home security system to our customers.”
“It is clearly an exciting time for us, as our partnerships with Comcast and Cox enable them to offer our innovative service in a way that is operationally and financially attractive and sound,” said Security Broadband Corp. chief operating officer Anthony Moreno. “Our vision is to provide consumers with a greater sense of safety, convenience and peace of mind.”
With more than 95 percent of home alarm incidents reported as false, there is a strong need for a more effective security system than what is currently available. The SafeVillage system improves verification and reliability of a home security system through two-way audio and real-time video monitoring capabilities. In addition, SafeVillage customers are able to view their homes remotely and interact with family members at home via a password-protected Web site.
About Security Broadband Corp.
Security Broadband is a premium security and communications systems provider, delivering a new form of security and an array of lifestyle features enhanced by the Internet. Security Broadband will offer its first product, a complete home security system offering remote communications features for the consumer, through distribution agreements with leading broadband service providers. Security Broadband is a privately held company, headquartered in Austin, Texas. For more information visit
www.securitybroadband.net.
About Comcast Cable Communications, Inc.
Headquartered in Philadelphia, Comcast Cable is a division of Comcast Corporation
(www.comcast.com), a developer, manager and operator of broadband cable networks and provider of programming content. Comcast Cable is the third largest cable company in the United States. Providing basic cable, digital cable and high speed Internet services, Comcast Cable is the company to look to first for the communications products and services that connect people to what’s important in their lives. The company’s approximately 18,000 cable division employees serve more than 8.4 million customers in six geographic regions.
About Cox Communications
Cox Communications, a Fortune 500 company, serves approximately 6.2 million customers nationwide, making it the nation's fifth largest cable television company. A full-service provider of telecommunications products, Cox offers an array of services, including: Cox Cable; local and long distance telephone services under the Cox Digital Telephone brand; high-speed Internet access under the brands Cox@Home, Road Runner and Cox Express; advanced digital video programming services under the Cox Digital Cable brand; and commercial voice and data services via Cox Business Services. Cox is an investor in telecommunications companies including Sprint PCS and Excite@Home, as well as programming networks including Discovery Channel and The Learning Channel. More information about Cox Communications can be accessed on the Internet at
www.cox.com.
