Magal Receives $1.5 Million Order for Securing Oil & Gas Facility in Colombia

YAHUD, Israel, November 13, 2013 /PRNewswire/ --

Magal Security Systems, Ltd. (NASDAQ GM: MAGS) announced today that it recently received a $1.5 million order for securing a critical oil and gas site in Colombia.

The order is for the build, commissioning and support of a full security solution for a Colombian onshore oil and gas facility. It includes cameras, access control, communication and a Command and Control application. Magal has been contracted to provide services for an initial 15-month period with potential to extend the service beyond this timeframe.

Eitan Livneh, President and CEO of Magal S³, commented: "We are encouraged by this new order coming from recently established operations in Colombia. It validates our strategy of having a local presence in our targeted regions, where we intend to deliver solutions and execute projects."

About Magal S³

Magal S3 is a leading international provider of solutions and products for physical and cyber security, safety and site management. Over the past 42 years, Magal S³ has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in some of the world's most demanding locations.

Magal S³ offers comprehensive integrated solutions for critical sites, managed by Fortis^4G - our 4^th generation cutting edge Physical Security Information Management system (PSIM). The solutions leverage our broad portfolio of homegrown Perimeter Intrusion Detection Systems (PIDS), advanced outdoors CCTV / IVA technology and Cyber Security solutions.

For more information:

Magal S³
Eitan Livneh, CEO
Tel: +972-3-539-1421
Assistant: Ms. Elisheva Almog
E-mail: [email protected]
http://www.magal-s3.com

CCG Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
Int'l dial: +972-3-607-4717
E-mail: [email protected]

SOURCE Magal Security Systems Ltd

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED