Magal Security Systems (MAGS) Gets $2.5M in New LatAm Contracts

April 18, 2012 7:15 AM EDT
Magal Security Systems Ltd. (Nasdaq: MAGS) has won two contracts totaling $2.5 million to supply and install multi-layer Perimeter Intrusion Detection Systems (PIDS) in two new high security prisons in Latin America.

The multi layered solutions mostly include Magal's core products: fence mounted cable sensors, volumetric covert buried cable detection systems, microwaves systems, smart grids protecting water canals and several third party IR detectors. The contracts also include integration through Magal's proprietary control system and into a third party software system.


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