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Latest Magal Security Systems Stories

2011-02-14 06:59:00

YAHUD, Israel, February 14, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced three orders totaling $4.1 million for homeland security projects in Asia and Latin America. The first two orders totaling $1.1 million are for equipment that will protect the perimeters of two nuclear power plants in East Asia. The orders include multiple Magal products: the company's leading taut wire system (Yael), robust smart grids to protect water...

2011-01-03 07:00:00

YAHUD, Israel, January 3, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it has received a $2.6 million order for an integrated solution to secure a seaport in West Africa. This is the second order received within the past few weeks for a port security solution in the region. Magal S3 will deliver an integrated solution including a variety of security systems, including DTR (taut wire) which will be deployed on a wall...

2010-12-22 10:13:00

YAHUD, Israel, December 22, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it received $1.7 million in three repeat orders in the last part of the year. The first order is for the expansion of a current project at a major international airport in Asia, which includes a few kilometers of DTR, Magal's leading taut wire fence product; a few kilometers of buried cable (a virtual fence system) and an expansion of the airport's...

2010-12-13 07:00:00

YAHUD, Israel, December 13, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that following its press release of November 22nd, 2010, it has signed a contract with the Port Authority of Kenya, valued at $21.4 million to secure the Port of Mombasa. This contract follows a tender process, in which Magal S3 was one of 19 international companies that submitted proposals in a bid process directed by the World Bank, which will partially...

2010-11-22 07:00:00

YAHUD, Israel, November 22, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that it received a formal notification from the Port Authority of an African country that it has won a tender to secure the main seaport of the country. The total value of the project is estimated to be $21.4 million, with a targeted completion date within two years after receipt of the formal order. No contract has yet been signed; the Company will...

2010-11-15 07:05:00

YAHUD, Israel, November 15, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that it has received an order of $1.7 million for the protection of the perimeters of two airports in Latin America. The order includes the supply and installation of buried cable intrusion detection systems in both airports - one of which is an international hub, and the other is a local airport. Both deliveries are expected to be completed during the...

2010-11-09 06:17:00

YAHUD, Israel, November 9, 2010 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter results on November 18, 2010. 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 commences. If you...

2010-09-27 06:06:00

YAHUD, Israel, September 27, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it has received a US$2.3 million order for the support and maintenance of a major homeland security system in Israel. The two year contract is for services related to an existing large perimeter security system. Eitan Livneh, President and CEO of Magal S3, commented: "Magal's client relationships and continued commitment to customer satisfaction enables us...

2010-09-21 08:16:00

YEHUD, Israel, September 21, 2010 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ GM: MAGS) today announced that Company's major shareholder, Mr. Nathan Kirsh has provided Magal with a $10 million bridge loan, forming the first stage of Magal's strategic capital raising plan. This plan has been formulated by management together with the Board of Directors and is designed to provide the Company with the stability and the capital for the long-term growth of its business. As approved by the...

2010-09-01 01:59:00

YAHUD, Israel, September 1, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced that revenues for the three month period ended June 30, 2010 grew 17% as compared to the first quarter of 2010. Revenues for the second quarter of 2010 totaled US$11.4 million as compared with $9.8 million for the first quarter of 2010. The net loss for the second quarter of 2010 totaled $1.5 million, or $0.15 per share, a decline of 35.0% from US$2.4...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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