Magal Reports a US$ 3.4 Million Order for the Protection of Installations in Canada

Magal Reports a US$ 3.4 Million Order for the Protection of
Installations in Canada 


YAHUD, Israel, November 24  /PRNewswire-FirstCall/ -- Magal Security Systems,
Ltd. (NASDAQ NM: MAGS, TASE: MAGS) today announced that its fully owned
Canadian based subsidiary, Senstar-Stellar Corporation (SSC) has recently
received a US$3.4 million order from Correctional Service Canada (CSC) to
protect eight (8) of its sites in Canada.

Perimitrax, a buried cable intrusion detection sensor technology, will be
delivered and installed with all sites being completed by the end of March
2006. The contract is based on three phases of deliverables with US$0.4 million
in 2004, US$1.6 million in 2005, and the balance of US$1.4 million in 2006.

Mr. Jacob Even-Ezra, Chairman of Magal commented that, "Correctional Service
Canada has been one of SSC's major customers for many years. The fact that this
customer continues to use our products proves once again the reliability and
effectiveness of our systems and we will continue to serve this customer to
their complete satisfaction."

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 US 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 US, Canada, the UK,
Germany, Mexico, Romania and an office in China.

Revenues for fiscal year 2003 were US$59 million, with net income of US$2.4
million.

Magal trades in the US on the NASDAQ National Market since 1993 and in Israel
on the Tel-Aviv Stock Exchange (TASE) since July 2001, in 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       Gal IR International
  Raya Asher, CFO                   Ehud Helft/Kenny Green
  Tel: [phone]              Tel: [phone]
  Fax: [phone]              Int'l dial: [phone]
  E-mail:   E-mail: 
  

DATASOURCE: Magal Security Systems Ltd.



CONTACT:  Contacts: Magal Security Systems, Ltd Gal IR International,

Raya Asher, CFO Ehud Helft/Kenny Green, Tel: [phone]

Tel:[phone], Fax: [phone] Int'l dial:

[phone] E-mail:  E-mail:

 

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