0000910662-18-000035.txt : 20181003 0000910662-18-000035.hdr.sgml : 20181003 20181003101817 ACCESSION NUMBER: 0000910662-18-000035 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181003 FILED AS OF DATE: 20181003 DATE AS OF CHANGE: 20181003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGAL SECURITY SYSTEMS LTD CENTRAL INDEX KEY: 0000896494 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21388 FILM NUMBER: 181103940 BUSINESS ADDRESS: STREET 1: P O BOX 70 STREET 2: INDUSTRIAL ZONE CITY: YAHUD ISRAEL STATE: L3 ZIP: 5600 BUSINESS PHONE: 972-3-5391444 MAIL ADDRESS: STREET 1: P.O. BOX 70, STREET 2: INDUSTRIAL ZONE CITY: YAHUD STATE: L3 ZIP: 56100 6-K 1 mags6k.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 October 2018

MAGAL SECURITY SYSTEMS LTD.
(Name of Registrant)

P.O. Box 70, Industrial Zone, Yahud 5610001 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 F-3 Registration Statement File No. 333-217063 and Form S-8 Registration Statements File Nos. 333-127340, 333-164696, 333-174127 and 333-190469.



Magal Security Systems Ltd.


EXPLANATORY NOTE

The following exhibit is attached:
   
99.1
Press Release:  Magal Awarded $7.7 Million Extension Contract for Systems Protecting Critical Infrastructure in the Americas dated October 3, 2018.







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/Dror Sharon
                             
Dror Sharon
                             
Chief Executive Officer










Date:  OCT. 3rd, 2018


EXHIBIT INDEX
EXHIBIT NO.
DESCRIPTION
   
99.1
Press Release:  Magal Awarded $7.7 Million Extension Contract for Systems Protecting Critical Infrastructure in the Americas dated October 3, 2018.




EX-99.1 2 ex99_1.htm
EXHIBIT 99.1
 
PRESS RELEASE

MAGAL AWARDED $7.7 MILLION EXTENSION CONTRACT FOR SYSTEMS
PROTECTING CRITICAL INFRASTRUCTURE IN THE AMERICAS

YEHUD, Israel – October 3, 2018-- Magal Security Systems, Ltd. (NASDAQ: MAGS) announced that it has been awarded, through one of the subsidiaries, an $7.7 million extension to an ongoing project providing integrated security solutions for critical energy infrastructures protection in the Americas. Most of this order is scheduled to be delivered during the remainder of 2018.

Dror Sharon, CEO of Magal, commented: "This significant follow-on order demonstrates the satisfaction that our client has with the initial installation of our perimeter security system, and is another solid reference for Magal. Magal's many years of experience in perimeter security, its strong relationships in the region as well as our integration capabilities, continue to bring us new orders and increased business. Our backlog remains at very high levels and we expect this to be reflected in our 2018 revenue growth."

ABOUT MAGAL

Magal is a leading international provider of solutions and products for physical and video security solutions, as well as site management. Over the past 45 years, Magal has delivered its products as well as tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries – under some of the most challenging conditions.

Magal offers comprehensive integrated solutions for critical sites, managed by Fortis4G – our 4th generation, cutting-edge physical security information management system (PSIM). The solutions leverage our broad portfolio of home-grown PIDS (Perimeter Intrusion Detection Systems), Symphony – our advanced VMS (Video Management Software) with native IVA (Intelligent Video Analytics) security solutions.

Forward Looking Statements
 
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown 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 Magal's reports filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 20-F and Current Reports on Form 6-K.


For more information: 
Magal Security Systems Ltd.
Dror Sharon, CEO
Tel: +972-3-539-1421
E-mail: dianeh@magal-s3.com
Web: http://www.magalsecurity.com
 
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
E-mail: magal@gkir.com