Latest Magal Stories

YAHUD, Israel, July 13, 2011 /PRNewswire/ -- Magal S3 (NASDAQ GM: MAGS; TASE: MAGS), has received official notification from Pemex, the Mexican state-owned petroleum company, that PipeGuard[TM], Magal's sub-terrain intrusion detection sensor used for underground asset protection, has successfully detected 12 excavations out of 12 attempts with no false alarms, in a recently completed trial. The trial involved actual excavation operations near a buried pipe and conducted...

YAHUD, Israel, June 13, 2011 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it received a US$5.6 million order to modify and extend an existing PIDS (Perimeter Intrusion Detection System) as a result of expansion at an Eastern European airport. The turnkey project includes services to remove old sections and commission and supply a new 10.5 kilometer section of Magal's leading taut wire product - DTR, which will be...

YAHUD, Israel, June 2, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it has signed a US$ 4.6 million contract to supply and install intrusion detection systems at 20 power facilities in an Eastern European country. Execution is planned over the next 18 months, the first 10 sites will be implemented immediately and the last 10 sites will be implemented at the customer's notice. The delivered turnkey solution is based on...

YAHUD, Israel, May 31, 2011 /PRNewswire-FirstCall/ -- Magal S3 Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its financial results for the three month period ended March 31, 2011. Management will hold an investors' conference call later today, at 10:30am Eastern Time and 5:30pm Israel time, to discuss the results. FIRST QUARTER 2011 RESULTS SUMMARY Revenues for the first quarter of 2011 totaled $11.5 million, an increase of 18% compared to the $9.8 million reported in...

YAHUD, Israel, May 31, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced that it has signed a $35.5 million contract for a turnkey project, to provide a fully integrated security system, covering multiple sites, for the African Cup of Nations Football Championship to be held in January 2012 in West Africa. The project will cover football grounds, the stadium and the Olympic villages for the participating teams. The full solution...

YAHUD, Israel, May 19, 2011 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it will publish its first quarter 2011 results on May 31, 2011. The Company will hold an investors' conference call on the same day, at 10:30am 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...

YAHUD, Israel, April 12, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ:MAGS - News) today announced that on April 11, 2011 it filed its annual report containing audited consolidated financial statements for the year ended December 31, 2010 with the U.S. Securities and Exchange Commission. The annual report is available on the the Company's website (http://www.magal-s3.com). Shareholders may receive a hard copy of the annual report free of charge upon request....

YAHUD, Israel, April 11, 2011 /PRNewswire-FirstCall/ -- Magal S3 Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its financial results for the three and twelve month periods ended December 31, 2010. Management will hold an investors' conference call later today, at 10am Eastern Time and 5pm Israel time, to discuss the results. FOURTH QUARTER 2010 RESULTS SUMMARY Revenues for the fourth quarter of 2010 totaled $15.1 million, an increase of 1% compared to the $15.0 million...

YAHUD, Israel, March 22, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) received a contract from a research organization, associated with a large US gas utility, to enhance the capabilities of its PipeGuard(TM) system - a sophisticated system, developed by Magal, that warns and protects buried pipes and cables against excavations. The research organization has evaluated various technologies for mitigating and proactively alerting personnel...

YAHUD, Israel, March 2, 2011 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced that it has withdrawn its registration statement covering its proposed rights offering that was filed with the U.S. Securities Exchange Commission and the Israeli Securities Authority due to technical difficulties in harmonizing the regulatory requirements in Israel and the U.S. The Company intends to raise the funds after the filing of its annual report on Form 20-F...