YAHUD, Israel, January 3, 2011 /PRNewswire-FirstCall/ -- Magal
Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced
that it has received a $2.6 million
order for an integrated solution to secure a seaport in
West Africa. This is the second
order received within the past few weeks for a port security
solution in the region.
Magal S3 will deliver an integrated solution including a variety
of security systems, including DTR (taut wire) which will be
deployed on a wall running several kilometers along the coastline,
gates and access control, radio communications, static and PTZ
cameras.
All sensors and communications will be networked to two command
and control centers (a main and backup) through Fortis - Magal S3's
state of the art Physical Security Information Management (PSIM)
system. The system will also integrate sophisticated technologies
such as cooled thermal sensors and a remote acoustic hailing
device. The contract is expected to be completed during 2011.
Eitan Livneh, President and CEO
of Magal S3, commented: "We are proud to be delivering this
comprehensive solution to this important customer, representing a
major portion of the entire port project. It is also significant as
it is our second win, following another order for $21.4 million for the Mombasa port, reported just
a few weeks ago."
Continued Mr. Livneh, "As security is an integral part of
international trade, ports are increasingly turning to solutions
such as ours in order to comply with the ISPS code (International
Ship and Port Facility Security). I believe that Magal is
well-positioned to secure additional business in this vertical
market and specifically in this region."
About Magal S3:
Magal S3 is a leading international provider of security, safety
and site management solutions and products. Over the past 40 years,
Magal S3 has delivered tailor-made solutions to hundreds of
satisfied customers in over 80 countries. Magal S3 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 Analytics (IVA) and Video Motion Detection
(VMD) engine;
- Physical Security Information Management (PSIM) - a site management
open system that enhances command, control and decision making during
both routine operations and crisis situations.
This press release contains forward-looking statements, which
are subject to risks and uncertainties. Such statements are based
on assumptions and expectations which may not be realized and are
inherently subject to risks and uncertainties, many of which cannot
be predicted with accuracy and some of which might not even be
anticipated. Future events and actual results, financial and
otherwise, may differ from the results discussed in the
forward-looking statements. A number of these risks and other
factors that might cause differences, some of which could be
material, along with additional discussion of forward looking
statements, are set forth in the Company's Annual Report on Form
20-F filed with the Securities and Exchange Commission.
For more information:
Magal S3 CCG Investor Relations
Hagai Katz, SVP Marketing & BD
Assistant: Ms. Elisheva Almog Ehud Helft/Kenny Green
E-mail: ElishevaA@magal-s3.com E-mail: magal@ccgisrael.com
Tel: +972(3)539-1444 Tel: (US) +1-646-201-9246
Web: http://www.magal-s3.com Int'l dial: +972-3-607-4717
SOURCE Magal Security Systems Ltd