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Latest Magal 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...

2010-11-17 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...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'