YEHUD, Israel, July 19, 2017 /PRNewswire/ --
Magal Security Systems, Ltd. (NASDAQ:
MAGS) announced today that it has recently received a total of
$9.8 million in orders to provide
integrated security solutions and maintenance for three major
seaports in the EMEA region. One of the orders is for the Port
of Huelva in Spain, the largest in
the Spanish Seaport System, involving intrusion detection smart
fences and advanced CCTV cameras.l
Saar Koursh, CEO of Magal,
commented: "We are proud of being selected to protect
important infrastructure at a major Spanish port, as well as an
important economic port on the African coast. Huelva joins the
growing list of seaports globally that entrust their security to
Magal, recognizing our specialised port offering and becoming a
further reference for us in seaport security. We look forward to
receiving further orders such as these in the future."
ABOUT MAGAL
Magal is a leading international provider of solutions and
products for physical and video security solutions, as well as site
management. Over the past 45 years, Magal has delivered its
products as well as tailor-made security solutions and turnkey
projects to hundreds of satisfied customers in over 80 countries -
under some of the most challenging conditions.
Magal offers comprehensive integrated solutions for critical
sites, managed by Fortis4G - our 4th generation, cutting-edge PSIM
(Physical Security Information Management system). The solutions
leverage our broad portfolio of home-grown PIDS (Perimeter
Intrusion Detection Systems), advanced VMS (Video Management
Software) with native IVA (Intelligent Video Analytics) Security
solutions.
Forward Looking Statements
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate",
"project", "intend", "expect", "believe" and similar expressions
are intended to identify forward-looking statements. These
forward-looking statements involve known and unknown 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 Magal's reports
filed from time to time with the Securities and Exchange
Commission, including its Annual Report on Form 20-F, Current
Reports on Form 6-K, the Registration Statement on Form F-1 and
prospectus relating to the rights offering.
For more information:
Magal Security Systems Ltd.
Saar Koursh, CEO
Tel: +972-3-539-1421
E-mail: elishevaa@magal-s3.com
Web: http://www.magal-s3.com
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
E-mail: magal@gkir.com
SOURCE Magal Security Systems, Ltd.