Magal Receives Order to Install Municipal Command and Control System in Asian Capital
21 July 2008
Magal Security Systems, Ltd. (NASDAQ GMS: MAGS, TASE:MAGS) announced that it has received an order for the installation of a municipal security command and control system in a capital city in Asia, based on its FORTIS System.
The first stage of this order which is expected to be completed by the end of August 2008 is approximately US$650,000. Following completion of the initial stage, management expects the project to be expanded, and the total sum of the whole project is expected to reach approximately US$3 million.
This order was received following the customer’s review of the FORTIS System's performance in a number of major Israeli cities and local municipalities, which systems have been operational since July 2005.
The FORTIS System will integrate the command and control of the security systems in this Asian capital city, while protecting public areas, parks and educational facilities from acts of vandalism, burglary and sabotage, and increasing the sense of security for the residents in the city.
The FORTIS System is based on an advanced technology that includes dozens of sophisticated cameras, unique graphic control-centers, and real-time live video of the protected perimeter zones under alert. The system enables the operator to promptly receive and dispatch live video and alerts, to and from security vehicles, via wide range wireless, consequently optimizing the operational response.
Mr. Izhar Dekel. CEO of Magal said, "This order reinforces Magal's strengths and capabilities as a leading provider of municipal security solutions. Our recent strategy has been to expand our sales efforts for the FORTIS System outside of Israel, and this order marks a significant milestone. We are currently negotiating additional international projects, and this win provides us with a new international reference."
