Magal Security Systems, Ltd.: 2004 Second Quarter Results Release Scheduled For Monday, August 2nd, 2004 Conference Call Scheduled for August 2nd, 2004 at 11am EST YAHUD, Israel, July 22 /PRNewswire-FirstCall/ -- Magal Security Systems (NASDAQ NM: MAGS, TASE: MAGS), announced that it will be releasing its second quarter 2004 results on Monday, August 2nd, 2004, before the US market opens. The Company will also be hosting a conference call on the same day, August 2nd, at 11:00am EST. On the call, Mr. Jacob Even-Ezra, Chairman of the Board & CEO, and Ms. Raya Asher, V.P. Finance & CFO, will review and discuss the second quarter 2004 results and will be available to answer questions. To participate, you may listen to the webcast by accessing the link from Magal's web-site at: http://www.magal-ssl.com/. Alternatively, you may call one of the teleconferencing numbers that follows. Please place your calls at least 5-10 minutes before the conference call commences. If you are unable to connect using one of the toll-free numbers, please try the international dial-in number or the webcast. US Dial-in Number: 1-866-860-9642 Canada Dial-in Number: 1-866-485-2399 ISRAEL Dial-in Number: 03-918-0610 INTERNATIONAL Dial-in Number: +972-3-918-0610 At: 11:00am Eastern Time 8:00am Pacific Time 6:00pm Israel Time For those unable to participate in the conference call, there will be a replay available from Tuesday, August 3rd, 2004. The replay will be accessible through a link from Magal's website, http://www.magal-ssl.com/. About Magal Security Systems Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. Magal also supplies Video Monitoring Services through Smart Interactive Systems, Inc., a subsidiary established in the U.S. in June 2001. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K., Germany, Mexico, Romania and an office in China. Company Contact Raya Asher () Magal Security Systems +972-3-539-1433 Investor Relations Contacts Ehud Helft () Kenny Green () Gelbart-Kahana International +1-866-704-6710 DATASOURCE: Magal Security Systems Ltd. CONTACT: Company Contact: Raya Asher (), Magal Security Systems, +972-3-539-1433; Investor Relations Contacts: Ehud Helft (), Kenny Green (), Gelbart-Kahana International, +1-866-704-6710

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