Magal Security Systems reports new awards

Israeli security products company, Magal, says it has received new orders from unidentified customers in Israel, Asia and the United States.
By Richard Tomkins   |   Aug. 27, 2014 at 12:56 PM
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YAHUD, Israel, Aug. 27 (UPI) -- Magal Security Systems Ltd., an Israeli company, reports receipt of more than $4 million in domestic and international contracts for its technologies.

The biggest award, worth nearly $2 million, is for the company's smart fence security solution that combines taut wire and vibration sensor products and is from an unidentified customer in Israel.

Smart fence will be used for a homeland security application, Magal S3 said, but no additional details were provided.

Magal's fiber sensor technology has also been ordered to help secure industrial sites and seaports in Southeast Asia and the United States through awards worth about $500,000.

Other orders received were for products and projects such as the expansion of a Ramat Ha'sharon safe city project in Israel and a smart grid to secure water canals in a nuclear power plant located in the Far East.

"Following our strategic acquisition of long-range fiber optic PIDS technology, we are definitely seeing strong traction for this technology," said Eitan Livneh, president and chief executive officer of Magal S3.

"I am also encouraged by the ongoing receipt of follow-on orders from our existing customers."

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