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MAGS -3x Short Magnificent 7 Etp

10.78
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
-3x Short Magnificent 7 Etp BIT:MAGS Italy Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.78 11.274 11.638 0 16:35:17

Magal Opens Office Near Washington DC to Focus on Homeland Security Solutions

09/11/2006 12:00pm

PR Newswire (US)


-3x Short Magnificent 7 ... (BIT:MAGS)
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YAHUD, Israel, November 9 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ:MAGS)(TASE:MAGS), today announced that its US subsidiary, Magal Senstar Inc., has opened a new office in Herndon, VA, adjacent to Washington Dulles Airport. The mission of this office is to serve the growing needs of local, state and federal Homeland Security requirements. This office will focus exclusively on providing a comprehensive security architecture for perimeter applications, which is comprised of command and control, physical security sensors, and intelligent video. Magal Senstar is planning an official open house for the new facility on November 16, 2006. The facility will host several of Magal's advanced sensor solutions for intrusion detection, pipeline infiltration, intelligent video surveillance, and multi-sensor command and control. The "solution center" will demonstrate integration of Magal's leading perimeter sensors, with advanced intelligent video for real time decision support on the response to possible intrusions. "At the end of the day, most security people we interact with are sceptical of new vendors who talk about new security technology," says Rob Welton, Director for Homeland Security, Magal Senstar, Inc. "We're one of the few companies who not only build the systems and sensors, and help to deploy them; we are now able to demonstrate our capabilities at a convenient site." Izhar Dekel, CEO of Magal added, "Our new physical presence near Washington DC, will provide us with better access to the key decision makers and politicians in the US Homeland Security Department. We are now providing our Washington DC - based customers with both a local presence and a rich international security experience." 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. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K., Germany, Romania, Mexico and an office in China. Magal trades under the symbol MAGS in the U.S. on the Nasdaq National Market since 1993 and in Israel on the Tel-Aviv Stock Exchange (TASE) since July 2001. 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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