Magal reports US$2 Million Orders for the Protection of Installations in Canada
21 December 2005
YAHUD, ISRAEL, December 21, 2005 - Magal Security Systems, Ltd. (NASDAQ NM:MAGS, TASE:MAGS) today announced that its fully owned Canadian based subsidiary, Senstar-Stellar Corporation (SSC) has recently received approximately US$2 million in orders for provision of security solutions and security system infrastructure for power generation and other sensitive sites located across Canada.
More than half of the work on the new orders will be completed in fiscal year 2005, with the balance completed by the end of 2006.
Mr. Jacob Even-Ezra, Chairman of Magal commented, "These orders are from customers looking to us to provide solutions for their security needs. It is testament to the breadth and quality of our products and services, and the fact that our products have been tried, tested and shown to work very well in high security risk environments."
