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February 12, 2013 /PRNewswire/ --
Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it has received a service order to maintain homeland security (HLS) infrastructure in
Israel. The contract is valued at
US$ 7.8 million, which covers three years of maintenance and support.
Eitan Livneh, President and CEO of Magal S3, commented, "Long term maintenance agreements such as this, enable us to better plan our resources and improve efficiency. It also provides our customers with a high level of confidence that their systems will remain in top condition and working order throughout the life of the contract. This contract is a strong sign of confidence in our technical skills and abilities from a domestic customer."
About Magal S3Magal S3is a leading international provider of solutions and products for physical and cyber security, safety and site management. Over the past 42 years, Magal S3has 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 S3offers comprehensive integrated solutions for critical sites, managed byFortis4Gour 4th generation cuttingedgePhysical Security Information Managementsystem (PSIM). The solutions leverage our broadest portfolio of unique homegrownPerimeter Intrusion Detection Systems (PIDS),advanced outdoorsCCTV/IVAtechnology and holisticCyber Securitysolutions.
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