YAHUD, Israel, February 12 -- Magal Security Systems, Ltd. (NASDAQ GM: MAGS; TASE: MAGS), today announced that it received a US$2.4 million order for a security project to protect the Eilat seaport in Israel. The majority of the project will be executed during 2008.
The order includes a turnkey solution to supply fully integrated security systems based on a variety of the Company's products including its Fence Vibration System, Access Control System, surveillance cameras and CCTV cameras with Intelligent Video Analysis, Digital Recording System and Video Matrix, all integrated and controlled by Magal's advanced management system.
Mr. Izhar Dekel, CEO of Magal, said: "This is the second order that we have received to protect a commercial Israeli seaport in the last 8 months. I am pleased to be able to say that after carrying out a number of projects around the globe to protect commercial seaports, we have acquired a strong ability and experience in supplying comprehensive security solutions for these particularly sensitive sites."