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Magal Reports Agreement for Installation of a Municipal Command
and Control System
YAHUD, Israel, July 18 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd.
(NASDAQ NMS: MAGS ; TASE: MAGS) today announced that it has signed a US$ 0.5
million contract for the installation of a municipal command and control system
for a city in Israel, based on Magal's FORTIS system that was modified for this
particular purpose. The project is expected to be complete by the end of the
third quarter of 2005.
The modified FORTIS system will integrate command and control of the entire
security infrastructure of the city, protecting its industrial facilities,
water reservoirs and its citizens from burglars and sabotage. Magal expects
that more applications will be integrated into the system in the future, such
as the integration of command and control for the fire departments and
emergency rescue teams.
Using advanced technology which includes dozens of smart cameras, the modified
FORTIS system will provide the control center of the municipality with a unique
graphical command tool, which will update the location details and video view
of the alerting area, while simultaneously enabling operators to dispatch and
monitor security personnel, thus optimizing the operational response.
Mr. Even-Ezra, Chairman of Magal said, "This is the first time that Magal has
been involved in control and command of civil activities, and we are pleased
that our R&D people were able to modify the Fortis system and adapt it to the
unique needs specified for this particular project. We believe that this opens
a new niche for Magal's systems and we believe that our success will lead to
more orders following from other cities."
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, Mexico, Romania and an office in China.
Magal trades in the U.S. on the NASDAQ National Market since 1993 and in Israel
on the Tel-Aviv Stock Exchange (TASE) since July 2001, 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 Annual
Report on Form 20-F filed with the Securities and Exchange Commission.
Contacts:
Magal Security Systems Ltd
Roi Levy
Tel: +972-3-539-1444
Fax: +972-3-536-6245
E-mail:
GK International
Ehud Helft/Kenny Green
Tel: (US) +1-866-704-6710
Tel: (UK) +44-(0)871-474-1219
Int'l dial: +972-3-607-4717
E-mail: /
DATASOURCE: Magal Security Systems Ltd.
CONTACT: Contacts: Magal Security Systems Ltd, Roi Levy, Tel:
+972-3-539-1444, Fax: +972-3-536-6245, E-mail:
. GK International: Ehud Helft/Kenny
Green, Tel: (US) +1-866-704-6710, Tel: (UK)
+44-(0)871-474-1219, Int'l dial: +972-3-607-4717, E-mail:
/