Quantcast

Latest Magal Stories

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...

2010-11-17 07:00:00

YAHUD, Israel, November 17, 2010 /PRNewswire-FirstCall/ -- Magal S3 Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) today announced its consolidated financial results for the three and nine month periods ended September 30, 2010. Results For The Three Month Period Ended September 30, 2010 Revenues for the third quarter of 2010 totaled $13.4 million. This represents a decrease of 24.4% over third quarter 2009 revenues of $17.7 million, and an increase of 16.9% compared with $11.4 million in...

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...

2010-08-24 06:34:00

YAHUD, Israel, August 24, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS;) announced today that it has received an order to protect the perimeter of Nanchang airport in China. Magal S3 received a similar order last month for the Zhengzhou airport, also in China. Both orders are for Magal's fence mounted fiber sensor. Eitan Livneh, President and CEO of Magal S3, commented: "Once these two sites are installed, our PIDS (Perimeter Intrusion Detection...

2010-08-23 08:00:00

YEHUD, Israel, August 23, 2010 /PRNewswire-FirstCall/ -- Magal S3 (NASDAQ GM: MAGS; TASE: MAGS), announced today that it will host a conference call to discuss its second quarter 2010 earnings results on September 1, 2010, at 10:00 ET, 17:00 PM Israel time. The quarterly results will be published prior to the conference call on August 31, 2010. To access the conference call, please dial one of the following numbers: US: 1-888-668-9141 International: +972-3-9180609 Israel:...

2010-08-12 04:13:00

YAHUD, Israel, August 12, 2010 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS;) announced today the results of the extraordinary general shareholders meeting that was convened at the request of certain U.S. - based shareholders. At the meeting, the current Board of Directors was supported by 60.04% of the shareholders who participated in the meeting, 39.71% of the votes cast voted for the replacement of the current Board and 0.23% abstained. In addition, the...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.