Magal Recently Awarded US$ 8.5 Million in Orders

YAHUD, Israel, June 29 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GMS: MAGS, TASE: MAGS) announced today that during May 2009, it was awarded a total of approximately US$ 8.5 million in purchase orders to protect two airports and several nuclear power stations in South East Asia, to reconstruct a border in Israel and to extend an existing airport project in Eastern Europe. Most of the orders are expected to be completed during 2009.
The first turnkey project is the extension of an airport Perimeter Intrusion Detection System (PIDS) in Eastern Europe for US$ 1.6 million and it includes infrastructure, a Taut Wire barrier as well as Command and Control System. The second project is the reconstruction of a border protection solution in Israel for US$ 4.6 million. The third order is for various nuclear power station sites in South East Asia, and will incorporate a Volumetric Intrusion Detection System for US$ 1.3 million. The fourth order is for the protection of two airports in South East Asia, which will incorporate a variety of intrusion detection solutions including Taut Wire and Vibration Sensors for US$ 1.0 million.
Yoav Stern, Acting President & CEO, commented: "Magal is in the midst of a transition. While we still believe there are some challenging times ahead, these latest additions to our backlog of signed orders and contracts, is actually making it one of the largest in our company's history. This represents a ray of optimism and confidence that an improvement is to be expected in the not too distant future."
About Magal Security Systems Ltd.:
Magal S3i is a leading international solution provider, in the business of Security, Safety, Site Management and Intelligence analysis.
Based on 35 years of experience and interaction with customers, the company has developed a unique set of solutions and products optimized for perimeter, outdoor and general security applications. Magal S3i's turnkey solutions are typically integrated and managed by a single sophisticated modular command and control software, supported by expert systems for real-time decision support.
Magal S3i's broad portfolio of critical infrastructure and site protection management technologies includes a variety of smart barriers and fences, fence mounted detectors, virtual gates, buried and concealed detection systems as well as a sophisticated protection package for sub-surface intrusion.
A world innovator in the development of CCTV, IVA and motion detection technology for outdoor operation, Magal S3i has successfully installed customized solutions and products in more than 75 countries worldwide.
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 Security Systems Ltd.
Yoav Stern, Acting President & CEO
Tel: +972-3-539-1421
Cell: +972-54-311-3110
Assistant: Ms. Elisheva Almog
E-mail: elisheva@magal-ssl.com
Web: http://www.magal-ssl.com
GK Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
Int'l dial: +972-3-607-4717
E-mail: info@gkir.com