Magal Group Positioned as a Leading Company in a Survey by A&S International Magazine YAHUD, Israel, January 24 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ NM:MAGS, TASE:MAGS) today announced that A&S International Magazine has positioned the Magal group as one of the World's Top 50 Security companies in both 2002 and 2003. The group, headquartered in Israel, was ranked 18th, leading all other Israeli Security companies in the Security 50 survey http://support.asmag.com/edm/top50microsite/index.htm. Security 50 represents a complete, diverse and complex mix of elites in market sectors that include CCTV, digital surveillance, biometrics, access control, intercoms and so on. The companies included in the survey have great influence and lead ongoing advances in the industry. The Magal Group, known as the world leader in providing perimeter security solutions, was also categorized as 8th company overall in the multi security business category, after Tyco, Honeywell, Bosch, GE, Johnson Controls, Bell Group and Commax. Magal also has the second best reported growth rate in this category of 38.2%. Mr. Jacob Even Ezra, Chairman of Magal, commented on the survey: "It is an honor to be recognized as one of the leading and most influential companies in the security sector, especially in the company of industry giants such as Tyco, GE and Honeywell with whom we cooperate in a number of projects. In the years on which the survey was based, Magal was still based on its traditional, but well-known line of products for perimeter security. In 2004, we introduced new products such as the DreamBox, Fortis and Pipeguard, which extended our traditional product portfolio. We believe these new products will help us to increase our market share for perimeter solutions and allow us to penetrate other valuable markets. We hope to see the evidence of further improvements in our standing in the sector in next year's survey." About Magal Security Systems, Ltd.: Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. Magal also supplies Video Monitoring Services through Smart Interactive Systems, Inc., a subsidiary established in the U.S. in June 2001. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K., Germany, Mexico, Romania and an office in China. Revenues for fiscal year 2003 were US$59 million, with net income of US$2.4 million. Magal trades in the U.S. on the NASDAQ National Market since 1993 and in Israel on the Tel-Aviv Stock Exchange (TASE) since July 2001, in both under the symbol MAGS. This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Report on Form 8-K filed with the Securities and Exchange Commission. Contacts: Magal Security Systems Ltd GK International Raya Asher, CFO Ehud Helft/Kenny Green Tel: +972-3-539-1444 Tel: +1-866-704-6710 Fax: +972-3-536-6245 Int'l dial: +972-3-607-4717 E-mail: E-mail: DATASOURCE: Magal Security Systems Ltd. CONTACT: Contacts: Magal Security Systems, Raya Asher, CFO, Tel: +972-3-539-1444, Fax: +972-3-536-6245, E-mail: ; Ltd GK International, Ehud Helft/Kenny Green, Tel: +1-866-704-6710, Int'l dial: +972-3-607-4717, E-mail: ,

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