Magal Receives a US$1.5 Million Order
2007年9月19日 - 8:20PM
PRニュース・ワイアー (英語)
YAHUD, Israel, September 19 /PRNewswire-FirstCall/ -- Magal
Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS), today
announced that its fully owned U.S. - based subsidiary received a
US$ 1.5 million order to upgrade existing equipment that had been
sold to 30 institutions in the U.S. Revenues from this order will
be recorded before the end of 2007. Mr. Izhar Dekel, CEO of Magal,
said: "We are very pleased that this customer chose to continue to
use our products. We strive for excellence in our product offerings
and customer service and believe this order is an indication of our
reliability in the field and commitment to our customers." 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. 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). 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:
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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