November 26, 2012
Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it has recently received orders amounting to
. Of these orders,
and are to secure the perimeters of prisons and police stations. The remainder is to secure nuclear power-plants in the Far-East and conventional power plants in
Eitan Livneh, President and CEO of Magal S
"We see continued investment in the securing of critical sites in the Far East and
, which balance the currently relative weaker markets in
and the US. Most of the orders were achieved through long-term customer relationships and our strong reputation in our addressable markets."
About Magal S
Magal S3 is a leading international provider of solutions and products for physical and cyber security, safety and site management. Over the past 42 years, Magal S3 has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in some of the world's most demanding locations.
Magal S3 offers the broadest portfolio of unique homegrown
Perimeter Intrusion Detection Systems (PIDS),
supported by unique
technology and holistic
- our 4
Physical Security Information Management
system (PSIM) integrates all elements into cohesive solutions.
For more information:
Eitan Livneh, CEO
Tel: +972-3-539-1421 Assistant: Ms.
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