Bold Perennial Acquires SIMS, Inc.

The central station software provider will become part of the Bold Perennial security solutions product line

Colorado Springs, CO – 12/3/18. Bold Perennial announced today it has acquired the Texas-based central station software company Security Information & Management Systems, Inc (SIMS, Inc.). With the acquisition, SIMS will integrate with the Bold Perennial organization and its product lines.

SIMS has been a respected leader in the security industry for over 35 years and this acquisition and integration will provide Bold Perennial a broader reach into the market, as well as seasoned industry resources and expertise.

Ken Utley, SIMS founder, said: “We are excited about the opportunities this new venture provides, and are honored to be a part of the industry-leading Bold Perennial organization.” Ken Utley will remain as a consultant to the organization to provide a smooth transition following the transaction. No other management changes are expected to occur in the immediate future, and the SIMS staff will remain in place in the Texas offices.

Rod Coles, President of Bold Perennial, said, “We are very pleased to bring SIMS and their product portfolio into the Bold Perennial family. We believe SIMS Alarm Monitoring software complements our current product lines and plan to continue support and sales of the product. We recognize the trust and value the SIMS team built with their customers and will work hard to continue earning that trust as we embark on this new journey.”

By combining both companies’ knowledge and resources from years of success in the industry, the acquisition of SIMS signifies continued growth and innovation, in addition to expanded products and services for SIMS’ and Bold Perennial’s respective customers.

About Bold Perennial

Bold Perennial has been providing total business solutions for the security industry for over three decades through Bold Technologies, Ltd. and Perennial Software, LLC, respectively. Our core products, ManitouNEO, SedonaOffice, and AlarmBiller are the leading software choices for over 650 top security companies and dealers globally. Bold Perennial provides solutions for alarm monitoring and business management software with installation available on-premises or in a secure, Cloud-based environment. For more information on Bold Perennial, visit www.boldgroup.com or call 1-800-255-BOLD.

Tori Martinez

Bold Technologies

(719) 358-4738

torim@boldgroup.com

www.boldgroup.com

December 03, 2018