Magal Announces A US$1.6 Million Order To Protect An International Airport In Europe
16 November 2006
YAHUD, ISRAEL, November 16, 2006 - Magal Security Systems, Ltd. (NASDAQ: MAGS; TASE: MAGS), today announced that it has signed a follow-on US$1.6 million contract to protect an international airport in Eastern Europe.
The airport follow-on order is a comprehensive turnkey project and is an extension of a contract that Magal previously signed to protect this airport. The system will include various types of security systems, such as Magal's DTR-2000 taut wire intrusion detection system and its InnoFence decorative intrusion detection system. All these systems are integrated by Fortis, Magal's integrated command and control system, which supports real-time decision making and wide-area command and control.
The project is expected to be completed by the end of 2007.
Mr. Izhar Dekel, CEO of Magal, stated: "We are pleased that this major international airport sees the added-value of our Fortis system for providing integrated command and control, and brings us another key reference for this new product. The fact that the customer continues to place follow-on orders for Magal's products and systems for the second phase of the project, is another testament to the reliability and efficiency of our systems, which keep on bringing satisfied customers back to us."
