| Business Summary | | Magal
Security
Systems
Ltd.
develops,
manufactures,
markets
and
sells
computerized
security
systems.
The
Company's
products
include
perimeter
security
systems
and
a
video
motion
detection
system,
which
automatically
detect
and
locate
intruders
and
identify
the
nature
of
intrusions,
x-ray
screening
and
detection
systems,
including
AISYS,
an
explosive
device
detection
system
that
automatically
detects,
locates
and
identifies
explosive
devices
in
luggage,
packages
and
other
parcels,
and
a
pallets
x-ray
screening
machine
used
to
screen
large
cargoes
and
those
loaded
on
standard
pallets,
and
MagNet,
a
security
management
system
that
integrates
the
management,
control
and
display
of
various
security
systems
into
a
single,
real-time
database.
Magal
systems
are
used
to
protect
aircraft,
national
borders
and
sensitive
facilities,
including
military
bases,
power
plant
installations,
airports,
postal
facilities,
prisons
and
industrial
locations,
from
terrorism,
theft
and
other
security
threats. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Magal
Security
Systems
is
engaged
in
the
development,
manufacture,
and
marketing
of
computerized
security
systems
which
automatically
detect,
locate,
and
identify
intrusions
and
explosive
devices.
For
the
six
months
ended
6/30/01,
revenues
increased
9%
to
$19.6
million.
Net
income
rose
4%
to
$1.4
million.
Revenues
reflect
an
increase
in
perimeter
system
sales.
Earnings
were
partially
offset
by
an
increase
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jacob Even-Ezra | Chairman
and CEO | Izhar Dekel | Pres
& Director | Raya Asher | CFO,
VP-Fin., Sec., Director | Yehezkel Farber | VP
- Operations | Asaf Even-Ezra | VP
- Marketing, Israel and Europe |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|