Joel Matlin is a Canadian entrepreneur best known for being the President and founder of North American home alarm company AlarmForce, a home alarm company that Matlin led for 25 years.
History
Joel Matlin was born and raised in Montreal. He attended Concordia University studying business. He has returned to Concordia as a guest lecturer at the John Molson School of Business. Matlin has also appeared as a guest speaker at the Ted Rogers School of Management and Trent University.
In 1969 Matlin founded Frisco Bay Industries and was president until 1988. Frisco Bay was a leading supplier of integrated security systems and bank automation to major corporations including the Canadian Banks, Bell Canada, and the Canadian Mint and other prominent companies. During Matlin's leadership he co-founded a home alarm company, Alarmtron with two partners in 1979 until its sale in 1981. Matlin vowed that he would return to the home alarm market once the technology was perfected. In 1988 Matlin planned to re-enter the home alarm business under the Frisco Bay banner, which resulted in a dispute with his business partner. In November 1988 Matlin triggered the shotgun clause of his partnership agreement which resulted in Matlin selling his shares and exiting Frisco Bay Industries. Subsequent to Matlin's departure Frisco Bay was purchased by Stanley Black & Decker for $45million.[1]