YAHUD, ISRAEL - Magal Security Systems, Ltd. today announced that its fully owned Mexican subsidiary, Senstar-Stellar Latin America, S.A de C.V., received an order for approximately US$2.4 million to supply intrusion detection systems and video surveillance equipment for correctional facilities in Mexico.
The order, which includes the DreamBox, an all-in-one CCTV security solution which integrates a number of CCTV related applications into one box, is expected to be completed during the first half of 2006.
Jacob Even-Ezra, Chairman and CEO of Magal Security Systems, said: "This order integrates a number of our different products, including the DreamBox, our all-in-one CCTV system. This is a relatively new product which has been gaining traction in the market due to its simplicity of installation, functionality, and cost effectiveness. This particular customer is actually a return customer of ours that selects us time and again due to our strong experience with intrusion detection systems in high security environments."
Magal Security Systems Ltd. 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 U.S.- based subsidiary. 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, Romania, Mexico and an office in China.
