SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2008
MAGAL SECURITY SYSTEMS LTD.
(Name of Registrant)
P.O. Box 70, Industrial Zone, Yahud 56100 Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained
in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-__________
This Report on Form 6-K is incorporated by reference into the Registrant's Form
F-3 Registration Statements File Nos. 333-9050 and 333-123265 and Form S-8
Registration Statement File No. 333-06246.
Magal Security Systems Ltd.
6-K Items
1. Press Release re Magal Awarded Contracts Totaling $US 7.5 Million for
the Protection of Two International Airports dated October 6, 2008.
ITEM 1
Press Release Source: Magal Security Systems Ltd
Magal Awarded Contracts Totaling $US 7.5 Million for the Protection of Two
International Airports
Monday October 6, 8:30 am ET
YAHUD, Israel, October 6 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd.
(NASDAQ GMS: MAGS, TASE: MAGS) announced today that it has been awarded
contracts totaling approximately US$ 7.5 million to protect two international
airports in South East Asia and North Africa. Both projects are based on turnkey
solutions, and will be completed during 2009.
The project in South East Asia is based on the DTR 2000 Taut Wire System and
MagBar Intrusion Grids, as the first security layer and the Omnitrax Buried
Cable, as the second security layer. An array of both stationary and PTZ cameras
will be deployed along the perimeter to verify incoming alarms. Some of the
fixed cameras will have Intelligent Video Analysis capabilities. In addition,
the customer had decided to add radar coverage, which will be integrated with
Magal's MTC 1500E Thermal Camera.
The various layers of sensors and all of the systems will feed into a command
and control center that will be managed by Magal's FORTIS C4I Management
Software. The control center will communicate with patrol cars in the airport's
vicinity by means of a wireless LAN and will be able to transmit video and data
to the vehicles, thus enabling a higher level of security for the airport.
The project in North Africa utilizes the IntelliFiber Fiber Optic Outdoor
Intrusion Detection System and Magnet Security Management System. Following
completion of the installation, management expects the project to be expanded to
enable the incorporation of additional surveillance capabilities.
Mr. Izhar Dekel - CEO of Magal said: "Magal has had a long history of
implementing the highest levels of professionalism in research, development,
manufacturing and marketing of cutting-edge integrated security solutions that
are above and beyond industry standards. Our long-term strategic investments
during the past few years are continuing to bear fruit. The airport in Asia is
the second airport project that we were awarded in this country this year. These
projects are another example of Magal's well established position as a world
leader in providing airport high technology integrated security solutions. These
projects are a part of a comprehensive security concept."
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. 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.
Magal's shares trade in the U.S. on the NASDAQ Global Market and in Israel on
the Tel-Aviv Stock Exchange under the symbol MAGS.
Forward Looking and Cautionary Statements
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 Annual Report on
Form 20-F filed with the Securities and Exchange Commission.
Contacts:
Magal Security Systems Ltd
Lian Goldstein
Tel: +972-3-539-1444
Fax: +972-3-536-6245
E-mail:lian@magal-ssl.com
GK Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
Int'l dial: +972-3-607-4717
E-mail: info@gkir.com
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MAGAL SECURITY SYSTEMS LTD.
(Registrant)
By: /s/ Izhar Dekel
---------------
Izhar Dekel
Chief Executive Officer
Date: October 6, 2008