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Magal Expands its Activity Into Cyber Security
YEHUD, Israel, November 6, 2012 /PRNewswire/ --
Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has expanded
its business proposition and will start delivering cyber protection solutions to its
existing and new customers.
Magal's new solutions will monitor, detect and protect against abnormal network
activity, both landline and wireless, within and close to protected sites. Magal is
teaming with third party technology companies to deliver turnkey cyber security solutions
for critical sites, and will offer an integrated suite of solutions for both the physical
and networked world.
As a first step, Magal will deliver cyber protection for the actual security network,
which may itself be exposed to cyber attacks. Magal will subsequently provide a full
umbrella for critical sites, covering the core production systems, infrastructure and
information systems.
Eitan Livneh, President and CEO of Magal S3, commented: "The traditional physical
threats to sensitive sites are now exacerbated by cyber threats, which have the potential
to jeopardize the mission of our customers. Unlike the physical space, deterrence barely
exists in cyberspace, and therefore in this cyber decade, seaports, airports, power
utilities, cities and in fact, any business cannot be left protected with only physical
security."
Continued Mr. Livneh, "With 42 years of proven security experience, we are now
launching a new paradigm of integrated physical and cyber security, managed through a
unified Security Operation Center (SOC) by Fortis4G - our latest command and control
system. We can now deliver turnkey solutions, based on our partners' products as well as
third party technologies. We will also provide full technical services, including threat
analysis, overall design, implementation and ongoing upgrades."
About Magal S3
Magal S3 is a leading international provider of security, safety and site management
solutions and products. Over the past 42 years, Magal S3 has delivered tailor-made
solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in
some of the world's most demanding locations.
Magal S3 offers the broadest portfolio of unique homegrown Perimeter Intrusion
Detection Systems (PIDS) as well as Fortis4G - a new generation of cutting edge Physical
Security Information Management system (PSIM) with comprehensive CCTV solutions and
leading Intelligent Video Analytics (IVA).
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 S3
Eitan Livneh, CEO
Tel: +972-3-539-1421
Assistant: Ms. Elisheva Almog
E-mail: elishevaa@magal-s3.com
http://www.magal-s3.com
CCG Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
E-mail: magal@ccgisrael.com
Magal Security Systems Ltd
Magal Expands its Activity Into Cyber Security
YEHUD, Israel, November 6, 2012 /PRNewswire/ --
Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has expanded
its business proposition and will start delivering cyber protection solutions to its
existing and new customers.
Magal's new solutions will monitor, detect and protect against abnormal network
activity, both landline and wireless, within and close to protected sites. Magal is
teaming with third party technology companies to deliver turnkey cyber security solutions
for critical sites, and will offer an integrated suite of solutions for both the physical
and networked world.
As a first step, Magal will deliver cyber protection for the actual security network,
which may itself be exposed to cyber attacks. Magal will subsequently provide a full
umbrella for critical sites, covering the core production systems, infrastructure and
information systems.
Eitan Livneh, President and CEO of Magal S3, commented: "The traditional physical
threats to sensitive sites are now exacerbated by cyber threats, which have the potential
to jeopardize the mission of our customers. Unlike the physical space, deterrence barely
exists in cyberspace, and therefore in this cyber decade, seaports, airports, power
utilities, cities and in fact, any business cannot be left protected with only physical
security."
Continued Mr. Livneh, "With 42 years of proven security experience, we are now
launching a new paradigm of integrated physical and cyber security, managed through a
unified Security Operation Center (SOC) by Fortis4G - our latest command and control
system. We can now deliver turnkey solutions, based on our partners' products as well as
third party technologies. We will also provide full technical services, including threat
analysis, overall design, implementation and ongoing upgrades."
About Magal S3
Magal S3 is a leading international provider of security, safety and site management
solutions and products. Over the past 42 years, Magal S3 has delivered tailor-made
solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in
some of the world's most demanding locations.
Magal S3 offers the broadest portfolio of unique homegrown Perimeter Intrusion
Detection Systems (PIDS) as well as Fortis4G - a new generation of cutting edge Physical
Security Information Management system (PSIM) with comprehensive CCTV solutions and
leading Intelligent Video Analytics (IVA).
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 S3
Eitan Livneh, CEO
Tel: +972-3-539-1421
Assistant: Ms. Elisheva Almog
E-mail: elishevaa@magal-s3.com
http://www.magal-s3.com
CCG Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
E-mail: magal@ccgisrael.com
Magal Security Systems Ltd