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Magal to Appear at the Friedman Billings Ramsey 2005 Homeland
Security and Defense Conference
YAHUD, Israel, March 1 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd.
(NASDAQ NM:MAGS, TASE:MAGS) announced that Brig. General (Ret.) Emanuel Shaked
will be representing Magal at the Friedman Billings Ramsey 2005 Washington
Conference. The Washington conference deals with the areas of Homeland
Security, Defense and Government IT issues and is to be held at the Mandarin
Oriental in Washington DC.
Mr. Shaked, VP of Marketing for Magal, previously served in a number of top
positions within the Israeli Defense Force (IDF). These include head of
operations, head of special operations and commander-in-chief of the Paratroop
corps for the IDF.
Mr. Shaked will be representing Magal in the panel presentation discussing
Ports, Borders and First Responders. The panel is scheduled for Thursday, March
3rd 2005 from 8:35am-9:25am.
On the same day, March 3rd, from 2:55pm to 3:25pm, Mr. Shaked will also be
presenting Magal to investors, and will be describing the company and its
strategy in the Homeland Security, Perimeter Protection and Defense markets.
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, 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, GK International,
Raya Asher, Ehud Helft/Kenny Green,
CFO, Tel: +1-866-704-6710
Tel: +972-3-539-1444 Int'l dial: +972-3-607-4717
Fax: +972-3-536-6245 E-mail:
E-mail:
DATASOURCE: Magal Security Systems Ltd.
CONTACT: Contacts: Magal Security Systems, Ltd, Raya Asher, CFO, Tel:
+972-3-539-1444 Fax: +972-3-536-6245 E-mail:
GK International, Ehud Helft/Kenny
Green, Tel: +1-866-704-6710 Int'l dial: +972-3-607-4717 E-mail: