-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P2vumVoBnfLaaMYiSUiv37dKZrD/Ry7M+VTk88rqi4NhjVie2MEOxP58jGVYqu2H UEpz3B2TPMkOmZmEGgr0nQ== 0000910662-11-000055.txt : 20110214 0000910662-11-000055.hdr.sgml : 20110214 20110214133933 ACCESSION NUMBER: 0000910662-11-000055 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110214 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGAL SECURITY SYSTEMS LTD CENTRAL INDEX KEY: 0000896494 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21388 FILM NUMBER: 11604822 BUSINESS ADDRESS: STREET 1: P O BOX 70 STREET 2: INDUSTRIAL ZONE CITY: YAHUD ISRAEL STATE: L3 ZIP: 5600 MAIL ADDRESS: STREET 1: P.O. BOX 70, STREET 2: INDUSTRIAL ZONE CITY: YAHUD STATE: L3 ZIP: 56100 6-K 1 form6k.htm form6k.htm






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 February 2011

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 S                                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 S

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 S-8 Registration Statements File Nos. 333-96929, 333-127340 and 333-164696.
 


 
 

 


Magal Security Systems Ltd.


EXPLANATORY NOTE

The following exhibit is attached:

99.1
Press Release re Magal Receives $4.1 Million in Orders to Secure Homeland Security Sites dated February 14, 2011.







 
 

 



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/Eitan Livneh
             
Eitan Livneh
             
President and
             
Chief Executive Officer



 
 



Date:  February 14, 2011


 
 

 


EXHIBIT INDEX


EXHIBIT NO.                                           DESCRIPTION


99.1
Press Release re Magal Receives $4.1 Million in Orders to Secure Homeland Security Sites dated February 14, 2011.


EX-99.1 2 ex99_1.htm PRESS RELEASE RE FEBRUARY ORDERS ex99_1.htm



EXHIBIT 99.1
 
 
FOR IMMEDIATE RELEASE
 
 
PRESS RELEASE
 
 
MAGAL RECEIVES $4.1 MILLION IN ORDERS TO SECURE HOMELAND SECURITY SITES
 
 
YAHUD, Israel – Feb.  14th, 2011 -- Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) today announced three orders totaling $4.1 million for homeland security projects in Asia and Latin America.
 
The first two orders totaling $1.1 million are for equipment that will protect the perimeters of two nuclear power plants in East Asia. The orders include multiple Magal products: the company’s leading taut wire system (Yael), robust smart grids to protect water passes (MagBar), a smart fence mounted fiber optic detection system and microwave detectors. Magal’s leading all-in-one video management and intelligent video analysis application – DreamBox - is also part of the order. High security sites, such as nuclear facilities, typically use 2-3 tiers of smart perimeter systems in an overall solution.
 
The third order in the amount of $3 million is for a federal crisis management bunker in a Latin American country. It is a Build, Own and Maintain (BOM) project incorporating a full security and a site management solution. The project includes a CCTV system with a large video wall, a visitor screening system with X-ray, metal and biometrics detectors, access control, a public announcement system, a Perimeter Intrusion Detection System (PIDS) and a site management system for the building’s utilities. The current contract is for a two year term, at the end of which, the customer has the option to either continue a lease with Magal, including service, or will purchase the equipment and system outright.
 
Eitan Livneh, President and CEO of Magal S3, commented: “Magal-S3 continues to play a major role in the homeland security arena, winning prestigious projects worldwide for high profile customers and sites. These orders represent the confidence that our customers have in our integration, delivery and full support capabilities, as well as the performance of our leading edge broad-based product portfolio. ”
 
About Magal S3:
 
Magal S3 is a leading international provider of security, safety and site management solutions and products. Over the past 40 years, Magal S3 has delivered tailor-made solutions to hundreds of satisfied customers in over 80 countries. Magal S3 offers a broad portfolio of unique products used to protect sensitive installations in some of the world’s most demanding locations and harshest climates. This portfolio covers the following three categories:
 
·  
Perimeter Intrusion Detection Systems (PIDS) - a variety of smart barriers and fences, fence mounted detectors, virtual gates, buried and concealed detection systems;
 
·  
Close Circuit TV (CCTV) – a comprehensive management platform with a leading Intelligent Video Analytics (IVA) and Video Motion Detection (VMD) engine;
 
·  
Physical Security Information Management (PSIM) - a site management open system that enhances command, control and decision making during both routine operations and crisis situations.
 

 
 

 

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.

For more information:
 
Magal S3
Hagai Katz, SVP Marketing & BD
Assistant: Ms. Elisheva Almog
E-mail: ElishevaA@magal-s3.com
Tel: +972 (3) 539-1444                                          
Web: www.magal-s3.com
CCG Investor Relations
Ehud Helft/Kenny Green
E-mail: magal@ccgisrael.com
Tel: (US) +1 (646) 201-9246
Int’l dial: +972-3-607-4717



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