Magal Announces a US$3.3 Million Follow-on Contract to Protect an International Airport in Eastern Europe

Magal Announces a US$3.3 Million Follow-on Contract to Protect an
International Airport in Eastern Europe 


YAHUD, Israel, August 16  /PRNewswire-FirstCall/ -- Magal Security Systems,
Ltd. (NASDAQ:MAGS)(TASE:MAGS), today announced that it has signed a follow-on
US$3.3 million contract to protect an international airport in Eastern Europe.

This comprehensive turnkey project is the second extension of a contract that
Magal previously signed to protect this airport. The system will include
various types of security systems which are all integrated by Fortis, Magal's
computerized Command & Control System which supports real-time decision making
and wide-area command and control. In addition, this project will include other
sophisticated means for protection provided by Magal. Further details are
restricted from being published.

Mr. Jacob Even-Ezra, Chairman of Magal, stated: "The fact that the customer
again ordered Magal's products and systems for the third phase of the project,
is further proof of the reliability and efficiency of our systems that keep on
bringing customers back to us."

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 established in the U.S. in June 2001.
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. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K.,
Germany, Romania, Mexico and an office in China.

Revenues for fiscal year 2003 were $59.4 million, with net income of $2.4
million.

Magal shares have traded in the U.S. on the NASDAQ National Market since 1993
and in Israel on the Tel-Aviv Stock Exchange (TASE) since July 2001, both under
the symbol MAGS.

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 Report
on Form 8-K filed with the Securities and Exchange Commission.

  Contacts:
  Magal Security Systems, Ltd
  Raya Asher, CFO
  Tel: [phone]
  Fax: [phone]

  Gelbart kahana Investor Relations
  Ehud Helft, Kenny Green,
  US toll free: [phone]
  International: [phone]
  E-mail: 
  

DATASOURCE: Magal Security Systems Ltd.



CONTACT:  Magal Security Systems, Ltd; Raya Asher, CFO, Tel:

[phone], Fax: [phone].  Gelbart kahana Investor

Relations; Ehud Helft, Kenny Green, US toll free:

[phone], International: [phone], E-mail:

, 

Copyright