Magal Wins $12 Million in New Orders

Magal Security Systems, Ltd. MAGS announced today it has recently won new orders amounting to $12 million. Most of the new orders are expected to be delivered to customers during 2015. The largest order, amounting $6.4 million, is for a project to secure multiple secondary power stations in Latin America. The second major order, for $2.5 million is for Perimeter intrusion detection system, CCTV and Access Control which will be supplied for a Western Government military installation within the next two years. The third major order, for $1.6 million, is an integrated security solution for a large electrical utility company in Canada.  It includes fence mounted perimeter sensors (fiberoptic), smart gates, biometric based access control, door locks, IP CCTV with IR illumination and a video management system. The balance of the orders come from security integrators in Poland and Latin America; and include maintenance agreements as well as Magal's new generation of fence mounted sensors: Magal's long range fiber optic sensor and a copper based ranging sensor. Eitan Livneh, President and CEO of Magal S3, commented: "I am pleased with our first orders for long range fiber optic systems in Europe. I am also encouraged by the ongoing See full press release