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Latest Magal Security Systems Ltd. Stories

2010-06-21 02:09:00

YAHUD, Israel, June 21, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced that its Board of Directors considered the request received from certain shareholders to postpone the scheduled Annual General Meeting in order to include in the agenda the election of a slate of directors proposed by them. The Company's Board of Directors resolved that the Annual General Meeting of the Shareholders that was convened over a month ago will take...

2010-06-18 01:34:00

YAHUD, Israel, June 18, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it has received a request from a group of shareholders that an Extraordinary General Meeting of Shareholders be convened to elect a slate of directors nominated by them. Such request is being considered by the Board of directors of Magal. The shareholders, who indicate that they own approximately 17% of the outstanding shares of the Company, are seeking to...

2010-06-09 05:58:00

YAHUD, Israel, June 9, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its consolidated financial results for the three month period ended March 31, 2010. Revenues for the first quarter of 2010 totaled US$9.8 million and gross profit for the first quarter of 2010 was US$3.7 million, or 37.4% of revenues. Operating loss for the first quarter of 2010 was US$1.6 million. Financing expenses in the three months ended March 31, 2010...

2010-04-28 07:17:00

YAHUD, Israel, April 28, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS;) announced today that it is in the final stages of implementation with two safe city projects in Savyon and Nazareth, Israel. Both projects provide integration of multiple security products and systems including cameras, emergency buttons, and locating systems. In Savyon, the focus of the project is on the safety of children in schools and daycare centers. An important element of...

2010-04-21 05:30:00

YEHUD, Israel, April 12, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that it has received an advance payment of 30% of a $13.5 million contract that is expected to be signed soon. The contract includes modernizing and upgrading the indoor security systems of three high-security prisons in Latin America. The facilities will remain operational throughout the implementation period, which is expected to last approximately two...

2010-04-12 05:00:00

YAHUD, Israel, April 12, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its consolidated financial results for the three and twelve month periods ended December 31, 2009. Management will hold an investors' conference call later today, at 9am ET Time, 4pmIsrael time, to discuss the results. In September 2009, Magal's Board of Directors resolved to discontinue the operation of the European integration subsidiary that was,...

2010-03-15 07:26:00

YAHUD, Israel, March 15, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its fourth quarter and full year 2009 results on April 12, 2010. The Company will hold an investors' conference call on the same day, at 9:00AM ET. Investors' Conference Call Information: To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the...

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...


Word of the Day
bodacious
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
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This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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