Israel July 13, 2011
Magal S 3 (NASDAQ GM: MAGS; TASE: MAGS) Pemex, the Mexican state-owned petroleum company PipeGuard [TM] 12 excavations out of 12 attempts
The trial involved actual excavation operations near a buried pipe and conducted manually using shovels or picks. Every excavation attempt was detected early enough by the system, which clearly distinguished nuisance alarms from real events. Zero false alarms were recorded.
Yehonathan Ben Hamozeg, Senior VP or R&D and Projects of Magal S 3 , commented: [TM]
March 22 nd [TM]
About PipeGuard [TM]
[TM] [TM] [TM]
About Magal S 3 :
3 3 3
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.
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A-GMC, Press Relations
SOURCE Magal Security Systems Ltd