Magal Awarded Contracts Totaling $US 7.5 Million for the Protection of Two International Airports
06 Oktober 2008 - 2:30PM
PR Newswire (US)
YAHUD, Israel, October 6 /PRNewswire-FirstCall/ -- Magal Security
Systems, Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) announced today that
it has been awarded contracts totaling approximately US$ 7.5
million to protect two international airports in South East Asia
and North Africa. Both projects are based on turnkey solutions, and
will be completed during 2009. The project in South East Asia is
based on the DTR 2000 Taut Wire System and MagBar Intrusion Grids,
as the first security layer and the Omnitrax Buried Cable, as the
second security layer. An array of both stationary and PTZ cameras
will be deployed along the perimeter to verify incoming alarms.
Some of the fixed cameras will have Intelligent Video Analysis
capabilities. In addition, the customer had decided to add radar
coverage, which will be integrated with Magal's MTC 1500E Thermal
Camera. The various layers of sensors and all of the systems will
feed into a command and control center that will be managed by
Magal's FORTIS C4I Management Software. The control center will
communicate with patrol cars in the airport's vicinity by means of
a wireless LAN and will be able to transmit video and data to the
vehicles, thus enabling a higher level of security for the airport.
The project in North Africa utilizes the IntelliFiber Fiber Optic
Outdoor Intrusion Detection System and Magnet Security Management
System. Following completion of the installation, management
expects the project to be expanded to enable the incorporation of
additional surveillance capabilities. Mr. Izhar Dekel - CEO of
Magal said: "Magal has had a long history of implementing the
highest levels of professionalism in research, development,
manufacturing and marketing of cutting-edge integrated security
solutions that are above and beyond industry standards. Our
long-term strategic investments during the past few years are
continuing to bear fruit. The airport in Asia is the second airport
project that we were awarded in this country this year. These
projects are another example of Magal's well established position
as a world leader in providing airport high technology integrated
security solutions. These projects are a part of a comprehensive
security concept." 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.
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. Magal's shares trade in
the U.S. on the NASDAQ Global Market and in Israel on the Tel-Aviv
Stock Exchange under the symbol MAGS. Forward Looking and
Cautionary Statements 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 Annual Report on Form
20-F filed with the Securities and Exchange Commission. Contacts:
Magal Security Systems Ltd Lian Goldstein Tel: +972-3-539-1444 Fax:
+972-3-536-6245 E-mail: GK Investor Relations Ehud Helft/Kenny
Green Tel: (US) +1-646-201-9246 Int'l dial: +972-3-607-4717 E-mail:
DATASOURCE: Magal Security Systems Ltd CONTACT: Contacts: Magal
Security Systems Ltd, Lian Goldstein, Tel: +972-3-539-1444, Fax:
+972-3-536-6245, E-mail:; GK Investor Relations, Ehud Helft/Kenny
Green, Tel: (US) +1-646-201-9246, Int'l dial: +972-3-607-4717,
E-mail:
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