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 June 2009
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 Recently Awarded US$ 8.5 Million in Orders
dated June 29, 2009.
ITEM 1
Magal Recently Awarded US$ 8.5 Million in Orders
Press Release
Source: Magal Security Systems Ltd
On Monday June 29, 2009, 7:35 am EDT
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
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/Yoav Stern
-------------
Yoav Stern
Acting President and
Chief Executive Officer
Date: June 29, 2009