Magal Security Systems Receives $1.2 Million Orders for its DreamBox System With Intelligent Video Analysis for Delivery in West
2007年11月1日 - 10:30PM
PRニュース・ワイアー (英語)
YAHUD, Israel, November 1 /PRNewswire-FirstCall/ -- Magal Security
Systems, Ltd. (NASDAQ:MAGS)(TASE:MAGS), today announced that it
recently received two orders for approximately US$1.2 million to
protect an air force base along a seashore and dozens of gas
storage sites in Western Europe. The first order is for protection
of an air force base situated next to a seashore from intruders
infiltrating the base from the sea. The order includes the Magal's
MTC-1500 Thermal Day and Night Surveillance cameras and DreamBox
system with its built-in intelligent video analysis technology. The
second order is for protection of dozens of gas storage sites from
illegal and unauthorized entry into the secured area. The order
includes Magal's DreamBox system with its integrated intelligent
video analysis technology. DreamBox is a state-of-the-art embedded
hardware and software product which in these two orders integrates
intelligent video analysis, digital video recording and a video
matrix switcher with its security management system. Mr. Izhar
Dekel, CEO of Magal, said: "These new DreamBox orders, one of which
is a follow-on order from an existing customer, validate, once
again, our leadership position in the high-end security market, as
well as our ability to migrate our premier high-end security
platforms to the broad civilian market. Furthermore, the follow-on
order from an existing customer further attests to our ongoing
commitment to customer satisfaction, by steadily identifying and
developing solutions in the forefront of innovation and
technology." 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 since 1993 and in
Israel on the Tel-Aviv Stock Exchange (TASE) since July 2001. 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 G.K.
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,
G.K. Investor Relations, Ehud Helft/Kenny Green, Tel:
+1-866-704-6710, E-mail: ,
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