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Last updated on April 19, 2014 at 9:20 EDT

Latest Magal Security Systems Ltd. Stories

2009-12-31 13:04:00

YAHUD, Israel, Dec. 31 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (Nasdaq: MAGS, TASE: MAGS) today announced its consolidated financial results for the six month periods ended June 30, 2009 in order to comply with NASDAQ requirements. In September 2009, Magal's Board of Directors resolved to discontinue the operations of the European integration subsidiary it acquired in June 2007. The recently issued results for the third quarter and the nine months ended September 30, 2009...

2009-12-07 08:26:00

YAHUD, Israel, December 7 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced the appointment of Mr. Ilan Ovadia as its new Senior Vice President, Chief Financial Officer and Secretary and Mr. Israel (Relik) Shafir as its Senior Vice President of Business Development. Mr. Ovadia will replace Mr. Zev Morgenstern that has advised the Company of his resignation for personal reasons, effective as of March 1, 2010. Mr. Morgenstern will stay...

2009-11-30 07:26:00

YAHUD, Israel, November 30 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its consolidated financial results for the three and nine month periods ended September 30, 2009. In September 2009, Magal's Board of Directors resolved to discontinue the operations of the European integration subsidiary, acquired in September 2007. The results for the quarter and the nine months ended September 30, 2009 and 2008 were reclassified to...

2009-07-13 08:35:00

YAHUD, Israel, July 13 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS), today announced that its annual report on Form 20-F containing audited consolidated financial statements for the year ended December 31, 2008 has been filed with the U.S. Securities and Exchange Commission. The annual report is available on the Company's website at www.magal-ssl.com as well as on the SEC's website on www.sec.gov. Shareholders may receive a hard copy of the annual...

2009-07-13 06:08:00

YAHUD, Israel, July 13 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its consolidated financial results for the three and twelve months periods ended December 31, 2008. Management will hold an investors' conference call later today, at 10am ET Time, 5pmIsrael time, to discuss the results. FOURTH QUARTER 2008 RESULTS Revenues for the fourth quarter of 2008 totaled US$29.9 million, an increase of 29.1% over the fourth quarter...

2009-06-30 07:25:00

YAHUD, Israel, June 30 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it intends to publish its fourth quarter 2008, as well as its audited annual financial results for 2008, on Monday, July 13, 2009. Management will hold an investors' conference call on the same day, at 10AM Eastern Time or 5PMIsrael time, to discuss the results. In addition, management expects to publish the company's financial results for the six months ended...

2009-06-29 06:35:00

YAHUD, Israel, June 29 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) announced today that during May 2009, it was awarded a total of approximately US$ 8.5 million in purchase orders to protect two airports and several nuclear power stations in South East Asia, to reconstruct a border in Israel and to extend an existing airport project in Eastern Europe. Most of the orders are expected to be completed during 2009. The first turnkey project is...

2009-06-03 06:56:00

YAHUD, Israel, June 3 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS) today announced that Mr. Eitan Livneh has been appointed by the Board of Directors as President and CEO, commencing August 2, 2009. Mr. Livneh will replace Mr. Yoav Stern, who is working in the capacity of Acting President and CEO of Magal during the interim period following the departure of the Company's former CEO. Mr. Livneh joins Magal from Tadiran Telecom Ltd., a leading...

2009-04-16 04:52:00

YAHUD, Israel, April 16 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS), today announced that Mr. Hagai Katz has joined the Company as General Manager of the Magal Israel Division, and will be reporting directly to Yoav Stern, Acting President & CEO. Mr. Katz will also act as the Corporate VP of Marketing & Products. Prior to his appointment and from 2007, Mr. Katz served as the CEO of Transtech Airport Solutions Ltd. From 2004, Mr. Katz...

2009-04-16 04:47:00

YAHUD, Israel, April 16 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. [NASDAQ: MAGS; TASE: MAGS] announced today the appointment of Mr. Zev Morgenstern as its new Chief Financial Officer. As of today Mr. Morgenstern will replace Ms. Lian Goldstein, who has advised the Company of her resignation for personal reasons. Mr. Morgenstern has over 20 years of experience in financial management. Prior to his appointment at Magal, Mr. Morgenstern served for 11 years as Chief Financial...