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Last updated on April 19, 2014 at 1:20 EDT

Latest Magal Security Systems Stories

2013-02-12 08:20:18

YAHUD, Israel, February 12, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it has received a service order to maintain homeland security (HLS) infrastructure in Israel. The contract is valued at US$ 7.8 million, which covers three years of maintenance and support. Eitan Livneh, President and CEO of Magal S3, commented, "Long term maintenance agreements such as this, enable us to better plan our resources and improve efficiency....

2013-02-04 08:20:20

YAHUD, Israel, February 4, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that the Board of Directors has elected Mr. Barry Stiefel Chairman of the Board, effective February 15, 2013. Mr. Stiefel will succeed Mr. Jacob Perry, following his election to the Israeli Parliament. Mr. Barry Stiefel has been a member of Magal's Board since November 2008. He currently serves as Head of the Kirsh Family Office in London and has many years of...

2013-01-28 08:21:04

YAHUD, Israel, January 28, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that upon his election as a Member of Knesset, the Israeli Parliament, Mr. Jacob Perry, has resigned from the office of Chairman of Magal; the effective date is subject to final resolution of the Board. Eitan Livneh, President and CEO of Magal S3, commented: "Mr. Perry has served on our Board for more than ten years with five years as our Chairman. Over the past...

2013-01-23 08:20:27

YAHUD, Israel, January 23, 2013 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced the acquisition of WebSilicon Ltd., an Israeli-based company with unique monitoring offerings for landline and wireless networks. WebSilicon Ltd. will form an integral part of Magal's recently announced cyber strategy that will expand its offerings to deliver integrated physical-cyber solutions for critical sites. Eitan Livneh, President and CEO of Magal...

2012-12-19 08:20:28

YAHUD, Israel, December 19, 2012 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that its major shareholder, the Kirsh Group, which is controlled by Mr Natie Kirsh, has acquired the entire shareholding of the Even Ezra family at $5.00 per share, a 26% premium to Magal's closing share price on December 14, 2012. This brings the Kirsh Group's holding in Magal to 44.4%. Mr. Kirsh said, "I have been involved with Magal from the beginning. This...

2012-12-03 08:20:33

YAHUD, Israel, December 3, 2012 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that on Nov. 29th the Board of Directors of the Company elected Mr. Eitan Livneh to serve as a Board member until the next Annual General Meeting of the Company. Eitan will continue to serve as the Company's President and CEO. About Magal S3 Magal S3 is a leading international provider of solutions and products for physical and cyber security, safety and...

2012-11-29 08:21:12

YAHUD, Israel, November 29, 2012 /PRNewswire/ -- Magal S3 Ltd. (NASDAQ GMS: MAGS) today announced its financial results for the three and nine month period ended September 30, 2012. Management will hold an investors' conference call later today, at 9:00 a.m. Eastern Time and 4:00 p.m. Israel time, to discuss the results. THIRD QUARTER 2012 RESULTS SUMMARY Revenues for the third quarter of 2012 were $23.5 million, a decrease of 15% compared with revenues of $27.7...

2012-11-26 08:20:13

YAHUD, Israel, November 26, 2012 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it has recently received orders amounting to $4.4 million. Of these orders, $2 million originated in Latin America and are to secure the perimeters of prisons and police stations. The remainder is to secure nuclear power-plants in the Far-East and conventional power plants in Israel. Eitan Livneh, President and CEO of Magal S3, commented: "We see continued...

2012-11-06 08:20:18

YEHUD, Israel, November 6, 2012 /PRNewswire/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has expanded its business proposition and will start delivering cyber protection solutions to its existing and new customers. Magal's new solutions will monitor, detect and protect against abnormal network activity, both landline and wireless, within and close to protected sites. Magal is teaming with third party technology companies to deliver turnkey...

2012-11-01 07:22:33

YAHUD, Israel, November 1, 2012 /PRNewswire/ -- Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter 2012 results on November 29, 2012. The Company will hold an investors' conference call on the same day, at 9am 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 conference call...