YAHUD, Israel, July 13, 2011 /PRNewswire/ --
Magal S3 (NASDAQ GM: MAGS; TASE:
MAGS), has received official notification from Pemex, the
Mexican state-owned petroleum company, that PipeGuard
[TM], Magal's sub-terrain intrusion detection sensor
used for underground asset protection, has successfully detected
12 excavations out of 12 attempts with no false alarms, in a
recently completed trial.
The trial involved actual excavation operations near a buried
pipe and conducted manually using shovels or picks. Every
excavation attempt was detected early enough by the system, which
clearly distinguished nuisance alarms from real events. Zero
false alarms were recorded.
Pemex's major concern is the theft of oil by clandestine jacks
along its pipelines, a threat which has grown to become a national
security issue. Pemex conducted trials of several technologies to
solve this issue, including the PipeGuard[TM] trial.
Magal completed the installation within 3 days, including
setting up the management system, based 120 kilometers away.
The trial began in March 2011 along a
pipe segment of 1,300 meters, protected by 8 sensors which were
communicating through standard cellular links to the remote command
center. The specific segment was selected due to its
proximity to a busy highway and right next to an agriculture gravel
road.
Yehonathan Ben Hamozeg, Senior VP or R&D and
Projects of Magal S3,
commented:"The PipeGuard[TM] system drew the
attention of the customer due to its unique capability to
proactively alert when excavations are just starting rather than
after the pipe has been penetrated, to enable effective and early
response. We are proud to receive third-party validation of
the outstanding performance of the system and hope to leverage the
success into commercial projects."
Magal also announced that on March
22nd, 2011, it achieved a sponsored contract by a
large US gas utility company, to enhance the capabilities of its
PipeGuard[TM] system, following another successful
trial.
About PipeGuard [TM]
PipeGuard[TM] is a sophisticated, patent pending
sub-surface intrusion detection system for underground asset
protection. Based on state-of-the-art geophone technology,
PipeGuard[TM] offers a unique solution for the
protection of pipelines, communication lines, prisons and even bank
vaults, to combat terrorism, theft, tunneling attempts and
inadvertent third-party damage. Multiple
PipeGuard[TM] sensor units are typically interconnected
through a wireless or cellular mesh network and alarms are
communicated to a control center and displayed on a geospatial
map.
About Magal S3:
Magal S3 is a leading international provider of
security, safety, and site management solutions and products
(NASDAQ: MAGS). 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
the world's most demanding locations and harshest climates.
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
Hagai Katz, SVP Marketing &
BD
Assistant: Ms. Elisheva Almog
E-mail: ElishevaA@magal-s3.com
Tel: +972(3)539-1444
Web: http://www.magal-s3.com
A-GMC, Press Relations
Aviva Haleva
E-mail: aviva@a-gmc.com
Tel: +972-77-200-4636
SOURCE Magal Security Systems Ltd