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Latest Magal Security Systems Stories

2012-03-21 02:20:33

YAHUD, Israel, March 21, 2012 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it has recently received $4.2 million in repeat orders. The first order, amounting to $2.9 million is for expanding the scope of the Mombasa port project, an integrated security turnkey project for the Kenya Port Authority. The expansion includes waterways protection, License Plate Recognition (LPR) at the port entrance and an Optical Character Reader (OCR)...

2012-03-06 07:30:00

YAHUD, Israel, March 6, 2012 /PRNewswire/ -- Magal S3 (NASDAQ GMS: MAGS) today announced that it intends to publish its fourth quarter and full year 2011 results on April 4, 2012. The Company will hold an investors' conference call on the same day, at 10am 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...

2012-01-23 05:00:00

YEHUD, Israel, January 23, 2012 /PRNewswire/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has won a US$2.1 million contract to supply and install multi-layer Perimeter Intrusion Detection Systems (PIDS) for two new high security prisons in Latin America. The multi layered solutions are mostly based on Magal's core products: volumetric covert buried cable detection systems, microwaves systems, fence mounted cable sensors and several third party...

2012-01-17 03:15:00

YAHUD, Israel, January 17, 2012 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it received $1.2 million of orders for critical infrastructure in the Far East. The first order is for a project to protect the perimeter and outdoors of a chemical industrial site. The project is based on an integrated CCTV solution with day and night cameras and Maestro DB - an advanced Video Management Software (VMS) with powerful Intelligent Video...

2012-01-17 03:00:00

YAHUD, Israel, January 17, 2012 /PRNewswire/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it is correcting its reported earnings per share for the quarter ended September 30, 2011 to $0.51 per share from $0.61 per share, and for the nine months ended September 30, 2011 to $0.48 per share from $0.52 per share as previously reported on November 29, 2011. The correction is due to a computational error in calculating the number of shares issued...

2011-11-29 06:00:00

YAHUD, Israel, November 29, 2011 /PRNewswire/ -- Magal S3 Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its financial results for the three month period ended September 30, 2011. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results. THIRD QUARTER 2011 RESULTS SUMMARY Revenues for the third quarter of 2011 increased 107% to a record $27.7 million. This is compared with...

2011-11-17 06:00:00

YAHUD, Israel, November 17, 2011 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ GM & TASE: MAGS) announced today that it has recently received $2.4 million in repeat orders. The first $1.4 million order is for an expansion of the scope of the African Cup of Nations Football Championship project by a CCTV solution to increase security at an airport at which many guests will arrive for the African Cup Championship. With this additional order, the full scope of...

2011-11-10 06:00:00

YAHUD, Israel, November 10, 2011 /PRNewswire/ -- Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter 2011 results on Tuesday, November 29, 2011. The Company will hold an investors' conference call on the same day, at 10am 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...

2011-10-27 08:00:00

YEHUD, Israel, October 27, 2011 /PRNewswire/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS; TASE: MAGS) today announced that it has received an approximately US$2.7 million contract to supply and install a multi-layer Perimeter Intrusion Detection Systems (PIDS) in a new high security prison in Latin America. The project handover is due before year end. The project includes a turn-key installation of many of Magal's core products and technologies: MagBar - a tailor...

2011-10-25 10:50:00

YAHUD, Israel, October 25, 2011 /PRNewswire/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS; TASE: MAGS) today announced that it has collected an award of approximately $2.5 million, arising from a lengthy arbitration proceeding. The arbitration was with a former customer in Eastern Europe regarding a contract to supply a comprehensive security solution for a sensitive site and followed the unwarranted cancellation in 2006. Magal expects to record income of $2.2 million...