Last $3.74 USD
Change Today -0.011 / -0.29%
Volume 4.0K
MAGS On Other Exchanges
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NASDAQ GM
As of 8:10 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Industrial Zone

PO Box 70

17 Altalef Street

Yehud, 56100

Israel

Phone: 972 3 539 1444

Fax: 972 3 536 6245

Magal Security Systems Ltd. develops, manufactures, markets, and sells computerized security systems to high profile customers. The company’s systems are used in approximately 75 countries to protect sensitive facilities, including national borders, military bases, power plants, airports, seaports, prisons, industrial sites, oil and gas facilities, refineries, Olympic villages and stadiums and municipalities from intrusion, crime, sabotage, or vandalism to infrastructure, assets, and personnel. The company established a new joint venture in India in 2012. It intends to focus on and improve its presence in emerging markets, such as Brazil, Russia, India, and China, or the BRIC countries, to increase its exposure to small and medium size business opportunities for both its perimeter products and solutions and turnkey projects segments. Products and Services The company’s products are focused around physical and cyber security of critical sites with an emphasis on outdoor and perimeter intrusion detection systems (PIDS) and applications contributing to security, outdoors safety and also site management. Its products are categorized into five families of systems, such as perimeter security systems, including a mix of PIDS technologies with physical barrier solutions; closed-circuit television (CCTV) systems; cyber security systems; command and control systems; and miscellaneous systems tailored for specific vertical market needs. PERIMETER SECURITY SYSTEMS Perimeter security systems enable customers to monitor, limit, and control access by unauthorized personnel to specific regions or areas. Perimeter systems are used for correctional facilities, borders, nuclear and conventional power plants, air and sea ports, military installations, and other high security installations. The company’s line of perimeter security systems utilizes sensor devices to detect and locate intruders and identify the nature of intrusions. Its perimeter security systems have been installed along thousands of kilometers of borders and facility boundaries worldwide, including approximately 600 correctional institutions and prisons in the United States and various other countries. In addition, it has installed several hundred kilometers of high security smart perimeter systems along Israel’s borders. The company’s line of outdoor perimeter security systems consists of taut wire – hybrid PIDS with physical barrier; fence mounted vibration detection systems – mechanical, copper ‘microphonic’ wire sensors or fiber optic sensors; smart barriers – various detection grids, gates, and fences, designed to protect water passages, VIP residences, and other outdoor applications; buried cable sensors - traditional volumetric buried cable sensors, seismic sensors to protect pipelines and critical assets against digging and fiber sensors to protect buried pipelines (an original equipment manufacturer (OEM) product); electrical field disturbance sensors (volumetric); and microwave sensors. Taut Wire PIDS The company’s taut wire perimeter systems consist of wire strung at high tension between anchor posts. Taut wire technology provides three elements of protection against unauthorized intruders, such as deterrence, detection, and delaying (until first responders might react and intercept the intruder). The company’s taut wire perimeter systems are designed to discriminate automatically between fence tension changes caused by small animals or violent weather and forces exerted by a human intruder. The company’s taut wire perimeter systems offer customers a range of installation options. These systems might be mounted on various fence posts or added to an existing wall or other structure, or mounted on short posts, with or without outriggers. Taut wire perimeter systems have been approved by various Israeli and the U.S. security and military authorities. The company has installed several hundred kilometers of these perimeter systems along Israel’s borders to assist in preventing unauthorized entry and infiltration. Fence Mounted Vibration Detection Systems The company offers various types of vibration detection systems. Its vibration

 

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Price/Book 1.1x
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TEV/Sales 0.3x
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