Magal to Appear at the Friedman Billings Ramsey 2005 Homeland Security and Defense Conference
01 März 2005 - 2:00PM
PR Newswire (US)
Magal to Appear at the Friedman Billings Ramsey 2005 Homeland
Security and Defense Conference YAHUD, Israel, March 1
/PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ
NM:MAGS, TASE:MAGS) announced that Brig. General (Ret.) Emanuel
Shaked will be representing Magal at the Friedman Billings Ramsey
2005 Washington Conference. The Washington conference deals with
the areas of Homeland Security, Defense and Government IT issues
and is to be held at the Mandarin Oriental in Washington DC. Mr.
Shaked, VP of Marketing for Magal, previously served in a number of
top positions within the Israeli Defense Force (IDF). These include
head of operations, head of special operations and
commander-in-chief of the Paratroop corps for the IDF. Mr. Shaked
will be representing Magal in the panel presentation discussing
Ports, Borders and First Responders. The panel is scheduled for
Thursday, March 3rd 2005 from 8:35am-9:25am. On the same day, March
3rd, from 2:55pm to 3:25pm, Mr. Shaked will also be presenting
Magal to investors, and will be describing the company and its
strategy in the Homeland Security, Perimeter Protection and Defense
markets. 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. 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, Ehud
Helft/Kenny Green, CFO, Tel: +1-866-704-6710 Tel: +972-3-539-1444
Int'l dial: +972-3-607-4717 Fax: +972-3-536-6245 E-mail: E-mail:
DATASOURCE: Magal Security Systems Ltd. CONTACT: Contacts: Magal
Security Systems, Ltd, Raya Asher, CFO, Tel: +972-3-539-1444 Fax:
+972-3-536-6245 E-mail: GK International, Ehud Helft/Kenny Green,
Tel: +1-866-704-6710 Int'l dial: +972-3-607-4717 E-mail:
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