SOURCE: Pinnacle Security

Pinnacle Security

September 01, 2010 16:30 ET

Pinnacle Holdings Group Taps Sean Forrest as New CFO

Forrest to Bring Additional Expertise to the Management Team

OREM, UT--(Marketwire - September 1, 2010) -  Pinnacle Holdings Group, owner of Pinnacle Security, a leader in the North American residential security market, today announced the appointment of Sean Forrest as Chief Financial Officer. Forrest will be responsible for Pinnacle Holdings Group while Jason Knapp, current CFO, will be responsible for the security alarms division.

"We are excited to welcome Sean to the Pinnacle team," said Kelly Walker, CEO, Pinnacle Security. "Our goal is to create an industry-leading security company in all phases including growth, customer service, technology and compliance. Our initiatives to date have focused on these objectives and have been very effective. We currently hold more than 160,000 accounts and maintain a strong rate of customer satisfaction. The addition of Sean Forrest to the team is another step forward in building our leadership team to meet our future growth."

Forrest has extensive experience in the security industry, serving as CFO of one of the industry's largest and most successful companies and developing lending groups that specialize in the security alarm industry. Before joining the Pinnacle team, Forrest was Managing Director at the Privatebank, and has also served as CFO for HSM Electronic Protection Services, Inc. as well as Senior Vice President at Lasalle Bank. Forrest holds a master's from Northwestern University's Kellogg School of Management and a bachelor's from the University of Illinois.

"Pinnacle is a dynamic company that is poised to move to the next level," said Forrest. "With a strong private equity partner and a talented management team in place, I am pleased to have the opportunity to work with this company as it continues to capture new ground in the industry."

About Pinnacle Security
Pinnacle Security is an industry leader in providing quality residential and commercial security solutions to help individuals realize the peace-of-mind that comes from protecting the things that matter most. Pinnacle Security, partnered with Golden Gate Capital since 2008, is headquartered in Orem, Utah with sales offices throughout North America. For more information, please visit www.pinnaclesecurity.com.

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