s listed sources may not be reliable . please help this article by looking for better more reliable sources . unreliable citations may be challenged or deleted . december 2012 learn how and when to remove this template message magal security systems ltd. type public nasdaq mags tase mags industry security founded 1969 founder israel aerospace industries headquarters yahud israel area served world wide key people ceo saar koursh products perimeter protection systems motion detectors command and control systems services infrastructure security airport security port security revenue us 88.59 million 2011 operating income us 9.81 million 2011 net income us 9.84 million 2011 number of employees 279 2011 website www.magal s3.com magal security systems ltd. develops and manufactures perimeter intrusion detection systems . clarification needed magal s systems are installed in more than 75 countries worldwide in airports borders nuclear facilities military bases communications centers maximum security prisons governmental facilities and other sensitive installations . 1 magal has subsidiary companies in the usa canada mexico england germany romania and an office in china . magal is publicly traded on the nasdaq and tel aviv stock exchanges under the symbol mags . the company shares are held by mira mag inc. 23 % and by the public 77 % . contents 1 corporate history 2 see also 3 external links 4 references corporate history edit magal security systems ltd. was founded in 1969 as a department of the israel aerospace industries iai . in 1984 magal was established as a private company with 26 % of the shares still held by iai . 2 in 1993 the initial public offerings of magal was made on the nasdaq national market in the usa the company s symbol being mags . a second stock offering was made in 1997 . 3 see also edit infrastructure security israel aerospace industries external links edit magal corporate website magal china website references edit company profile sourcesecurity.com businessweek magal company profile magal ipo on nasdaq v t e israeli companies traded on nasdaq healthcare alcobra biolinerx biondvax pharmaceutical compugen enzymotec given imaging kamada mazor robotics medigus oramed pharmaceuticals perrigo company pluristem therapeutics rewalk robotics rosetta genomics syneron medical communication & networks allot communications alvarion audiocodes b communications ceragon networks dsp group ezchip semiconductor gilat satellite networks internet gold golden lines orckit communications partner communications company radcom radvision rit technologies rr media software attunity bluephoenix solutions b.o.s. better online solutions check point software technologies clicksoftware technologies commtouch software cimatron cyberark formula systems 1985 jacada magic software enterprises mind c.t.i. nice systems perion network radware sapiens international corporation n.v. verint systems wix electronics camtek ceva eltek kornit digital mellanox technologies nova measuring instruments orbotech solaredge tower semiconductor security & defense arotech elbit systems ituran location and control magal security systems pointer telocation rada electronic industries tat technologies consumer goods caesarstone sdot yam sodastream international conglomerates ampal american israel corporation elbit imaging isramco this company is american based but is traded on the tase as a result of a merger with israeli drug maker agis . retrieved from https en.wikipedia.org w index.php title magal security systems & oldid 733598033 categories defense companies of israelhidden categories articles lacking reliable references from december 2012all articles lacking reliable referenceswikipedia articles needing clarification from november 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 8 august 2016 at 21 53 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view