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Latest Magal Security Systems Ltd. Stories

2011-02-14 06:59:00

YAHUD, Israel, February 14, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced three orders totaling $4.1 million for homeland security projects in Asia and Latin America. The first two orders totaling $1.1 million are for equipment that will protect the perimeters of two nuclear power plants in East Asia. The orders include multiple Magal products: the company's leading taut wire system (Yael), robust smart grids to protect water...

2011-01-03 07:00:00

YAHUD, Israel, January 3, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it has received a $2.6 million order for an integrated solution to secure a seaport in West Africa. This is the second order received within the past few weeks for a port security solution in the region. Magal S3 will deliver an integrated solution including a variety of security systems, including DTR (taut wire) which will be deployed on a wall...

2010-12-22 10:13:00

YAHUD, Israel, December 22, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it received $1.7 million in three repeat orders in the last part of the year. The first order is for the expansion of a current project at a major international airport in Asia, which includes a few kilometers of DTR, Magal's leading taut wire fence product; a few kilometers of buried cable (a virtual fence system) and an expansion of the airport's...

2010-12-13 07:00:00

YAHUD, Israel, December 13, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that following its press release of November 22nd, 2010, it has signed a contract with the Port Authority of Kenya, valued at $21.4 million to secure the Port of Mombasa. This contract follows a tender process, in which Magal S3 was one of 19 international companies that submitted proposals in a bid process directed by the World Bank, which will partially...

2010-11-22 07:00:00

YAHUD, Israel, November 22, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that it received a formal notification from the Port Authority of an African country that it has won a tender to secure the main seaport of the country. The total value of the project is estimated to be $21.4 million, with a targeted completion date within two years after receipt of the formal order. No contract has yet been signed; the Company will...

2010-09-27 06:06:00

YAHUD, Israel, September 27, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it has received a US$2.3 million order for the support and maintenance of a major homeland security system in Israel. The two year contract is for services related to an existing large perimeter security system. Eitan Livneh, President and CEO of Magal S3, commented: "Magal's client relationships and continued commitment to customer satisfaction enables us...

2010-09-01 01:59:00

YAHUD, Israel, September 1, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced that revenues for the three month period ended June 30, 2010 grew 17% as compared to the first quarter of 2010. Revenues for the second quarter of 2010 totaled US$11.4 million as compared with $9.8 million for the first quarter of 2010. The net loss for the second quarter of 2010 totaled $1.5 million, or $0.15 per share, a decline of 35.0% from US$2.4...

2010-08-24 06:34:00

YAHUD, Israel, August 24, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS;) announced today that it has received an order to protect the perimeter of Nanchang airport in China. Magal S3 received a similar order last month for the Zhengzhou airport, also in China. Both orders are for Magal's fence mounted fiber sensor. Eitan Livneh, President and CEO of Magal S3, commented: "Once these two sites are installed, our PIDS (Perimeter Intrusion Detection...

2010-08-12 04:13:00

YAHUD, Israel, August 12, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS;) announced today the results of the extraordinary general shareholders meeting that was convened at the request of certain U.S. - based shareholders. At the meeting, the current Board of Directors was supported by 60.04% of the shareholders who participated in the meeting, 39.71% of the votes cast voted for the replacement of the current Board and 0.23% abstained. In addition, the...

2010-08-01 08:03:00

YAHUD, Israel, Aug. 1 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (Nasdaq GM: MAGS) announced today that it has received during the past few weeks approximately $5.5 million of orders for projects in Israel and worldwide. The orders from Israel are related to homeland security and have been received from existing customers for new sites and expansions, as well as follow on support. Two of the orders consisting of $1.2 million in the aggregate are to protect overseas critical...


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abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.