Latest Magal Security Systems Ltd. Stories

2014-03-27 12:33:37

YAHUD, Israel, March 27, 2014 /PRNewswire/ -- Magal Security Systems Ltd. (Magal S(3) (NASDAQ: MAGS)) today announced that earlier today it filed its annual report containing audited consolidated financial statements for the year ended December 31, 2013 with the U.S. Securities and Exchange Commission. The annual report is available on the Company's website (www.magal-s3.com). Shareholders may receive a hard copy of the annual report free of charge upon request. About Magal S(3)...

2014-03-27 08:38:40

YAHUD, Israel, March 27, 2014 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ NMS: MAGS) today announced its financial results for the three and twelve month periods ended December 31, 2013. Management will hold an investors' conference call later today, at 11:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results. FOURTH QUARTER 2013 RESULTS SUMMARY Revenues for the fourth quarter of 2013 were $13.0 million, a decrease of 41.5% compared with revenues of $22.2...

2014-02-27 08:21:37

YAHUD, Israel, February 27, 2014 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it had recently received a number of new contracts, primarily from customers in North America, amounting to $8 million. The first contract for $5.2 million was for duress systems for prisons located in the United States. Duress systems are used in correctional facilities to provide a safe working environment for the prison staff. The contract includes...

2014-02-24 08:20:45

YEHUD, Israel, February 24, 2014 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced that Ilan Kaplan has been appointed CEO of CyberSeal, a wholly owned subsidiary of Magal that was acquired last year. Mr. Kaplan will manage the CyberSeal's growth together with the company's founders. Mr. Kaplan has 25 years of diverse experience in the networking and communication infrastructure areas. Prior to joining Magal, he headed the Mobile Solutions line...

2014-01-14 08:21:09

YAHUD, Israel, January 14, 2014 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced the appointment of Mrs. Rinat Gazit as Vice President - Mergers and Acquisitions, to further implement its strategy to grow the company's business. Rinat Gazit has over 13 years of business experience in the international arena, with a background in large transactions in the natural resources, energy and water sectors, as well as with IPOs. Mrs. Gazit...

2014-01-09 08:21:08

YAHUD, Israel, January 9, 2014 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that the municipality of Ramat Ha'sharon in Israel decided to expand the integrated safe city solution previously provided by Magal and upgrade its communications infrastructure to support the use of additional applications. During 2013, Magal supplied an integrated solution for a safe city project in Ramat Ha'sharon which includes a round-the-clock manned...

Word of the Day
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'