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 December 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 Receives Orders for Approximately US$ 5 Million
to Protect Dozens of Utility Sites in Eastern Europe dated December 8,
2008.
ITEM 1
Press Release Source: Magal Security Systems Ltd
Magal Receives Orders for Approximately US$ 5 Million to
Protect Dozens of Utility Sites in Eastern Europe
Monday December 8, 7:00 am ET
YAHUD, Israel, December 8 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd.
(NASDAQ: MAGS; TASE: MAGS), today announced that it recently signed
approximately US$ 5 million of contracts, to supply and install intrusion
detection systems for dozens of utility facilities located in Eastern Europe.
The systems will be supplied and installed during 2008 and 2009.
This turnkey project includes Magal's DTR-2000 Taut Wire Intrusion Detection
System, combined with a Dual Technology Motion Sensor (Passive Infrared and
Microwave), integrated by a Control Unit.
Mr. Izhar Dekel - CEO of Magal, said: "We have been active in Eastern Europe for
a number of years and we believe that these orders confirm our reputation in
this region and the satisfaction of our current customers with our security
products and solutions. We see great potential in this emerging sensitive
utility facilities market segment, which is now experiencing an increased demand
for site protection and surveillance. Magal has the ability to combine various
security systems into a turnkey project solution that best suits the challenging
requirements of this market segment, and we expect that our market share will
grow."
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
in the U.S. 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. Magal trades under the
symbol MAGS in the U.S. on the NASDAQ Global Market since 1993 and in Israel on
the Tel-Aviv Stock Exchange (TASE) since July 2001.
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:
Company
Magal Security Systems, Ltd
Lian Goldstein, CFO
Tel: +972-3-5391444
Fax: +972-3-5366245
E-mail: lian@magal-ssl.com
Investor Relations
G.K. Investor Relations
Ehud Helft/Kenny Green
Tel: +1-866- 704 6710
E-mail: Ehud@gk-biz.com; Kenny@gk-biz.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: December 8, 2008