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 August 2007
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 Receives an Order of Approximately US$ 4
Million to Protect Gas Pressure Stations dated July 31, 2007.
ITEM 1
Press Release Source: Magal Security Systems Ltd
Magal Receives an Order of Approximately US$ 4 Million to
Protect Gas Pressure Stations
Tuesday July 31, 6:42 am ET
YAHUD, Israel, July 31 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd.
(NASDAQ GM: MAGS; TASE: MAGS), today announced that it recently received an
order for a turnkey project of approximately US$4 million from one of the
leading oil and gas companies in the world, which its headquarters is located in
Europe, to protect two gas pressure stations.
This turnkey project includes the company's DTR-2000 Taut Wire Intrusion
Detection System with a built-in camera and illuminator, CCTV cameras and the
MTC-1500 Thermal Day & Night Surveillance System, all integrated and controlled
by Magal's DreamBox system.
DreamBox is a state-of-the-art embedded hardware and software product which in
this project integrates intelligent video analysis, digital video recording and
a video matrix switcher under its built-in security management system.
Mr. Izhar Dekel, CEO of Magal, said: "This is the second order received in 2007
to protect oil and gas facilities and we see big potential in this market. This
order, together with the US$2.0 million order received in February, strengthens
our position and broadens our experience as providers of turnkey security
solutions to the oil and gas facilities' market."
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. Magal also supplies
video monitoring services through Smart Interactive Systems, Inc., a subsidiary
in the U.S. 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. Israeli-based Magal has subsidiaries in the U.S., Canada, the
U.K., Germany, Romania, Mexico and an office in China. Magal trades under the
symbol MAGS in the U.S. on the NASDAQ Global Market since 1993 and in Israel on
the Tel-Aviv Stock Exchange (TASE) since July 2001.
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
Raya Asher, 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: +1-646-201-9246
Fax: +972-3-5366245
E-mail: info@gkir.com
SIGNATURES
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: August 6, 2007