YEHUD, Israel, March 9, 2020 /PRNewswire/ -- Magal Security
Systems, LTD. (Nasdaq: MAGS), a leading international provider of
comprehensive physical, video and access control security products
and solutions, as well as critical site management, announced today
new leadership appointments that will enhance its organizational
structure , leverage the Company's project and product
capabilities, streamline execution and improve performance
globally. These appointments bring broad industry and operational
expertise with proven records of execution.
Arnon Bram, was appointed General
Manager of Magal Integrated Solutions (Projects) Division in
February 2020. Mr. Bram brings
extensive experience in international sales, multi-year strategy
setting and execution, international customers management,
multi-disciplinary engineering development, programs, production
and large-scale supply chain management. Most recently, Mr. Bram
served as Business Unit Manager at Elbit Systems (NASDAQ: ESLT)
where he successfully led the DIRCM (Directional Infrared Counter
Measures) division. Previously, Mr. Bram served as Chief Executive
Officer of UAV Tactical Systems, a joint venture between Elbit
Systems and the U.K. division of Thales Group in the field of
Unmanned Air Vehicles. Earlier in his career, Mr. Bram held various
leadership roles in program management, operations and engineering
at Elbit Systems. Mr. Bram holds a B.Sc. degree in Information
Systems Engineering from the Technion-Israel Institute of
Technology, Haifa,
Israel.
Fabien Haubert was appointed
Managing Director of Magal's Products Division (Senstar group of
companies) in January 2020. Mr.
Haubert joined Senstar in 2018 as Vice President of Sales, EMEA,
where he streamlined sales and support organizations, leading to
significant growth in the region. In his new role, Mr. Haubert will
strengthen Senstar's position as a global leader of physical
security solutions with a focus on addressing the specific needs of
key vertical markets. Prior to joining Senstar, Mr. Haubert held
senior roles at leading companies in the areas of video management,
IP video surveillance, intrusion detection, access control and
system integration. Mr. Haubert has a technical background with a
Master of Science degree in Telecom Engineering, as well as a
Master of Management and Strategy of International Business degree.
Mr. Haubert will be relocating to Senstar's Ottawa, Canada headquarters.
Mr. Dror Sharon, Chief Executive
Officer of Magal, said "these new leadership appointments align our
leadership go-to-market strategy for both divisions and support our
growth objectives. Now with division leadership that reports
directly to me, both divisions will have a streamlined
organizational structure focused on strategy execution and driving
sales. The security landscape is evolving, and advanced
technologies are driving new opportunities for Magal. These new
appointments are an important milestone in delivering on our
commitment to deliver long-term growth and profitability and
enhance shareholder value."
About Magal Security Systems, LTD.
Magal is a leading international provider of comprehensive
physical, video and access control security products and 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 physical
security information management system (PSIM). The solutions
leverage our broad portfolio of home‐grown PIDS (Perimeter
Intrusion Detection Systems), Symphony ‐ our advanced VMS (Video
Management Software) with native IVA (Intelligent Video Analytics)
security solutions.
Forward Looking Statements
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.
IR Contact:
Brett Maas
Managing Partner
Hayden IR
+1-646-536-7331
Brett@HaydenIR.com
Magal Security Systems Ltd.
Diane Hill, Assistant to the CEO
Tel: +972-3-539-1421
E-mail:
dianeh@magal-s3.com
Web: www.magalsecurity.com
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SOURCE Magal Security Systems Ltd