Magal Security Systems Ltd.

Magal Security Systems Ltd is engaged in the manufacture and marketing of computerized security systems. It operates through the Perimeter Products and Turnkey Projects segments. The Perimeter Products segment provides services and maintenance that are performed either on a fixed price basis or time-and-materials based contracts. The Turnkey Projects segment includes installation of comprehensive turnkey solutions for which revenues are generated from long term fixed price contracts. The company was founded on March 27, 1984 and is headquartered in Yehud, Israel.