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Latest Magal Security Systems Stories

2011-08-17 08:50:00

YAHUD, Israel, August 17, 2011 /PRNewswire/ -- Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it will publish its second quarter 2011 results on August 31, 2011. 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...

2011-08-02 08:08:00

YAHUD, Israel, August 2, 2011 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it has successfully raised $16 million in a rights offering to its shareholders. Taking into account the over subscription rights, there was demand for 133% of the offered shares. Eitan Livneh, President and CEO of Magal S3, commented: "I am pleased that we have successfully completed the offering with broad participation by Magal's shareholders....


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.