SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2008
MAGAL SECURITY SYSTEMS LTD.
(Name of Registrant)
P.O. Box 70, Industrial Zone, Yahud 56100 Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained
in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-__________
This Report on Form 6-K is incorporated by reference into the Registrant's Form
F-3 Registration Statements File Nos. 333-9050 and 333-123265 and Form S-8
Registration Statement File No. 333-06246.
Magal Security Systems Ltd.
6-K Items
1. Press Release re Magal Security Systems Awarded Contract of $2.4
million for the Protection of a Second Major Seaport in Israel dated
February 12, 2008.
ITEM 1
Press Release Source: Magal Security Systems Ltd
Magal Security Systems Awarded Contract of $2.4 million
for the Protection of a Second Major Seaport in Israel
Tuesday February 12, 6:50 am ET
YAHUD, Israel, February 12 /PRNewswire-FirstCall/ -- Magal Security Systems,
Ltd. (NASDAQ GM: MAGS; TASE: MAGS), today announced that it received a US$2.4
million order for a security project to protect the Eilat seaport in Israel.
The majority of the project will be executed during 2008.
The order includes a turnkey solution to supply fully integrated security
systems based on a variety of the Company's products including its Fence
Vibration System, Access Control System, surveillance cameras and CCTV cameras
with Intelligent Video Analysis, Digital Recording System and Video Matrix, all
integrated and controlled by Magal's advanced management system.
Mr. Izhar Dekel, CEO of Magal, said: "This is the second order that we have
received to protect a commercial Israeli seaport in the last 8 months. I am
pleased to be able to say that after carrying out a number of projects around
the globe to protect commercial seaports, we have acquired a strong ability and
experience in supplying comprehensive security solutions for these particularly
sensitive sites."
About Magal Security Systems, Ltd.:
Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing
and marketing of computerized security systems, which automatically detect,
locate and identify the nature of unauthorized intrusions. The Company's
products are currently used in more than 70 countries worldwide to protect
national borders, airports, correctional facilities, nuclear power stations and
other sensitive facilities from terrorism, theft and other threats. Magal trades
under the symbol MAGS on the NASDAQ Global Market and on the Tel-Aviv Stock
Exchange (TASE).
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.
Contacts:
Company
Magal Security Systems, Ltd
Lian Goldstein, CFO
Tel: +972-3-5391444
Fax: +972-3-5366245
E-mail: magalssl@trendline.co.il
Investor Relations
G.K. Investor Relations
Ehud Helft/Kenny Green
Tel: +1-866-704-6710
E-mail: Ehud@gk-biz.com / Kenny@gk-biz.com
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MAGAL SECURITY SYSTEMS LTD.
(Registrant)
By: /s/ Izhar Dekel
---------------
Izhar Dekel
Chief Executive Officer
Date: February 12, 2008