Latest Magal 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....

2011-07-13 06:04:00

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...

2011-06-13 08:22:00

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 integrated...

2011-06-02 06:00:00

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...

2011-05-31 07:35:00

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 5:30pmIsrael 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 the...

Word of the Day
  • The offense of persistently instigating lawsuits, typically groundless ones.
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This word ultimately comes from the Old French word 'barater,' to cheat.