Magal Security Systems receives $1.5 million order
Magal Security Systems, Ltd. (Nasdaq: MAGS), a developer of computerized security systems, reported this morning that its U.S.-based subsidiary received a $1.5 million order to upgrade existing equipment that had been sold to 30 institutions in the United States.
The Israeli firm said revenues from the order would be recorded before the end of 2007.
Shares of Magal (MAGS) were halted in pre-market trading.
