UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 8-K

Current Report Pursuant

to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report		March 26, 2007
(Date of earliest event reported)

		Protection One Alarm
Protection One, Inc.		Monitoring, Inc.
(Exact Name of Registrant		(Exact Name of Registrant
as Specified in Charter)		as Specified in Charter)

Delaware		Delaware
(State or Other Jurisdiction		(State or Other Jurisdiction
of Incorporation)		of Incorporation)

1-12181-01		1-12181
(Commission File Number)		(Commission File Number)

93-1063818		93-1065479
(I.R.S. Employer		(I.R.S. Employer
Identification No.)		Identification No.)

1035 N. 3rd St.		1035 N. 3rd St.
Suite 101		Suite 101
Lawrence, Kansas 66044		Lawrence, Kansas 66044
(Address of Principal Executive		(Address of Principal Executive
Offices, Including Zip Code)		Offices, Including Zip Code)

(785) 856-5500		(785) 856-5500
(Registrant’s Telephone Number,		(Registrant’s Telephone Number,
Including Area Code)		Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchage Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

In connection with the submission of a listing application to the NASDAQ Global Market, Protection One, Inc. (the “Company”) has determined that while David A. Tanner, a member of the Company’s board of directors and audit committee, meets the independence criteria set forth in Section 10A(m)(3) under the Securities Exchange Act of 1934 (the “Exchange Act Criteria”), it is unable to conclude at this time that he is “independent” based upon the criteria set forth in the corporate governance listing standards of the NASDAQ Global Market (the “NASDAQ Listing Criteria”). In order to comply with the NASDAQ Listing Criteria, the Company now intends to avail itself of (i) NASDAQ Marketplace Rule 4350(c)(5), which provides an exception to the requirement that a majority of a listed company’s board of directors must be independent under the NASDAQ Listing Criteria if such company is a “controlled company,” and (ii) NASDAQ Marketplace Rule 4350(d)(2)(B), which provides an exception to the requirement that all audit committee members must be independent under the NASDAQ Listing Criteria if one member deemed not to be independent based upon the NASDAQ Listing Criteria meets certain other criteria, including the Exchange Act Criteria, and the board of directors determines that the individual’s membership on the audit committee is required in the best interests of the company and its shareholders.

* * * *

Forward-Looking Statements

Certain statements in this report may contain forward-looking information regarding Protection One and IASG and the combined company after the completion of the transaction that is intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified as such because the context of the statement includes words such as “believe,” “expect,” “anticipate,” “will,” “should” or other words of similar import. These statements also include, but are not limited to, the companies’ plans, objectives, expectations and intentions and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the management of Protection One and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements.

The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: the ability to obtain governmental approvals of the transaction on the proposed terms and schedule; the failure of IASG’s stockholders to approve the transaction; the risk that the businesses of Protection One and IASG will not be integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction, making it more difficult to maintain relationships with customers, management, employees or suppliers; costs and availability of alarm equipment; competition and its effect on pricing, spending, third-party relationships and revenues; social and political conditions such as war, political unrest or terrorism; general economic conditions and normal business uncertainty.

Additional risks and factors are identified in Protection One’s filings with the Securities and Exchange Commission (“SEC”), including Protection One’s Annual Report on Form 10-K for the year ended December 31, 2006, which is available on Protection One’s Web site (http://www.ProtectionOne.com). Protection One undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this report.

Additional Information about the Merger

A Registration Statement on Form S-4, containing a proxy statement/prospectus relating to the proposed merger of Protection One and IASG, was declared effective by the Securities and Exchange Commission on February 13, 2007. INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED MERGER AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors are able to obtain a free copy of the proxy statement/prospectus, as well as other filings containing information about Protection One and IASG, without charge, at the SEC’s Web site (http://www.sec.gov). Copies of the proxy statement/prospectus can also be obtained, without charge, by directing a written request to Protection One, Inc., Attention: Corporate Secretary, 1035 N 3rd Street, Suite 101, Lawrence, KS 66044, or calling (785) 856-9368.

Protection One, IASG and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from IASG stockholders in respect of the proposed transaction. Information regarding Protection One’s directors and executive officers is available in Protection One’s information statement for its 2006 annual meeting of stockholders, as filed with the SEC on April 28, 2006, and in the proxy statement/prospectus referred to above.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PROTECTION ONE, INC.

Date: March 26, 2007	By: /s/ Darius G. Nevin
	Name: Darius G. Nevin
	Title: Executive Vice President and
	Chief Financial Officer

	PROTECTION ONE ALARM
	MONITORING, INC.

Date: March 26, 2007	By: /s/ Darius G. Nevin
	Name: Darius G. Nevin
	Title: Executive Vice President and
	Chief Financial Officer