Magal Reports Results of Annual General Meeting
16 August 2007 - 1:00PM
PR Newswire (US)
YAHUD, Israel, August 16 /PRNewswire-FirstCall/ -- Magal Security
Systems, Ltd. (NASDAQ:MAGS)(TASE:MAGS), today announced the results
of its Annual General Meeting of Shareholders held on August 16,
2007, at the Company's headquarters in Yehud, Israel. Jacob
Even-Ezra, Izhar Dekel, Nathan Kirsh, Jacob Nuss, Jacob Perry and
Zeev Livne were re-elected as members of the board and Shaul
Kobrinsky and Anat Weiner were re-elected as an outside directors.
The Company also announced that all other matters on the agenda of
annual general meeting of shareholders were approved. 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 in the U.S. 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. Israel-based Magal has subsidiaries in the U.S.,
Canada, the U.K., Germany, Romania, Mexico and an office in China.
Magal trades under the symbol MAGS in the U.S. on the Nasdaq Global
Market and in Israel on the Tel-Aviv Stock Exchange (TASE).
Contacts: Company Magal Security Systems, Ltd Raya Asher, CFO Tel:
+972-3-5391444 Fax: +972-3-5366245 E-mail: Investor Relations
Gelbart Kahana Investor Relations Ehud Helft/Kenny Green Tel:
+1-866-704-6710 E-mail: DATASOURCE: Magal Security Systems Ltd
CONTACT: Contacts: Company, Magal Security Systems, Ltd, Raya
Asher, CFO, Tel: +972-3-5391444, Fax: +972-3-5366245, E-mail: .
Investor Relations, Gelbart Kahana Investor Relations, Ehud
Helft/Kenny Green, Tel: +1-866-704-6710, E-mail: ,
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