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Last updated on April 20, 2014 at 7:43 EDT

Latest Magal Security Systems 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...

2014-03-10 08:35:35

YAHUD, Israel, March 10, 2014 /PRNewswire/ -- Magal S3(NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its fourth quarter and full year 2013 results on March 27, 2014. The Company will hold an investors' conference call on the same day, at 11am Eastern Time. Investors' Conference Call Information: To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the...

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...

2013-11-25 08:29:58

YAHUD, Israel, November 25, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today, that it received a repeat order, to secure 13 power transmission substations for a large power company in Eastern Europe for $2.5 million. The order includes the supply and installation of intrusion detection systems. Eitan Livneh, President and CEO of Magal S3, commented: "We are pleased with this repeat order and the increased momentum we have seen in the...

2013-11-21 08:21:02

YAHUD, Israel, November 21, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS), together with Israel Defense Magazine, concluded a successful conference attended by 200 executives from the Israeli security industry. New technologies for the overlapping physical and cyber security markets were presented at the conference. Keynote speakers included: Mr. Zori Kor, former head of Technology in the Israeli National Information Security Authority and...

2013-11-18 08:35:34

YAHUD, Israel, Nov. 18, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it recently received two orders for projects in Africa, amounting to $6 million. The first order is to secure a government-related critical site in Africa, which is expected to be completed by summer 2014. This represents an initial order from this customer and has potential to be expanded to further locations and additional orders. The second order is an expansion of a...