Magal Receives $8.2 Million of New Orders

YAHUD, Israel, October 7, 2014 /PRNewswire/ --

Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today that it recently received a number of new orders, amounting to $8.2 million.

The majority of the contracts are for expansions, changes and upgrades of existing homeland security installations in Israel.

The orders include $1.2 million of duress systems for US-based prisons. These types of systems are used in correctional facilities to provide a safe working environment for the prison staff. This order is part of a $5.2 million contract, which was announced by Magal earlier this year on Feb. 27^th.

Also included among the orders is an upgrade to a very high security site in the US incorporating Magal's latest volumetric buried PIDS (Perimeter Intrusion Detection System) technology.

Eitan Livneh, President and CEO of Magal S³, commented: "We are proud that our customers continue to choose to upgrade their existing installations with our newest technologies as well as bringing our solutions into their new sites. The buried cable upgrade is an excellent example of a customer that has upgraded the processing system to our latest version while continuing to use our robust sensors that were buried many years ago."

About Magal S³ 

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

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

GK 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