Wednesday, March 21, 2012

Magal Security Systems, Ltd. (MAGS) Announces $4.2 Million in Repeat Orders

Magal Security Systems, Ltd., a global provider of security, safety, and site management solutions and products, today announced it has received $4.2 million in repeat orders.

The first order, amounting to $2.9 million, is for expanding the scope of the Mombasa port project, which is an integrated security turnkey project for the Kenya Port Authority. This expansion will include waterways protection and license plate recognition (LPR) at the port entrance, as well as an optical character reader-based (OCR) tracking system for containers flow management.

A second $800,000 contract received by Magal is for the expansion of the perimeter intrusion detection system (PIDS) of a European national airport. This expansion will include installing and commissioning several technologies, including InnoFence decorative smart fence, fiber mesh system to protect the runway end without disturbing sensitive ILS instrumentation, and a virtual fence based on IP CCTV with video motion detection.

The remaining orders are for homeland security sites in Israel for customers that have ordered other solutions from Magal in the past.

Magal S3 is an international security, safety, and site management solutions leader. For four decades, the company has delivered custom solutions to hundreds of customers in more than 80 countries. Magal S3’s numerous innovative products are utilized in the protection of sensitive installations in some of the most demanding locations and harshest climates on earth. The company’s products and solutions cover three categories: perimeter intrusion detection systems (PIDS), close circuit TV (CCTV), and physical security information management (PSIM).

For more information, visit the company’s Web site at www.magal-s3.com


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