This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Magal Receives $2.4 Million In Repeat Orders

YAHUD, Israel, November 17, 2011 /PRNewswire/ --

Magal Security Systems, Ltd. (NASDAQ GM & TASE: MAGS) announced today that it has recently received $2.4 million in repeat orders.

The first $1.4 million order is for an expansion of the scope of the African Cup of Nations Football Championship project by a CCTV solution to increase security at an airport at which many guests will arrive for the African Cup Championship. With this additional order, the full scope of the project will total approximately $37 million.

Additionally repeat orders were received to secure two nuclear facilities in the Far East with multilayered PIDS (Perimeter Intrusion Detection System) solutions, consisting of Yael taut wire system and microwave sensors, all integrated by Magal's Security Management System.

Eitan Livneh, President and CEO of Magal S 3 , commented: "Nuclear facilities have high visibility and therefore they are usually protected by several layers and diverse technologies, which is exactly where we excel. Our continuous commitment to our customers' satisfaction, results in follow-up orders such as these."

About Magal S 3

Magal S 3 is a leading international provider of security, safety and site management solutions and products.

Over the past 40 years, Magal S 3 has delivered tailor-made solutions to hundreds of satisfied customers in over 80 countries.

Magal S 3 offers a broad portfolio of unique products used to protect sensitive installations in some of the world's most demanding locations and harshest climates. This portfolio covers the following three categories:
  • Perimeter Intrusion Detection Systems (PIDS) - a variety of smart barriers and fences, fence mounted detectors, virtual gates, buried and concealed detection systems
  • Close Circuit TV (CCTV) - a comprehensive management platform with a leading Intelligent Video Analysis (IVA) and Video Motion Detection (VMD) engine
  • Physical Security Information Management (PSIM) - an open site management system that enhances command, control and decision making during both routine operations and crisis situations

For more information: Magal S 3 Eitan Livneh, CEO Tel: +972-3-539-1421 Assistant: Ms. Elisheva Almog E-mail: CCG Investor Relations Ehud Helft/ Kenny Green Tel: (US) +1-646-201-9246 Int'l dial: +972-3-607-4717 E-mail:

SOURCE Magal Security Systems Ltd

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs