Investorideas.com newswire, defense and security sector

Wednesday, February 29, 2012

Security Stock Investor Alert: Magal Security Systems (NASDAQ: MAGS) Closes up over 14%

New York, NY - February 29, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for security stock, Magal Security Systems Ltd. (NasdaqGM: MAGS) for market close February 28th. The stock ended trading at $4.79, up 0.59(14.05%) 4:00PM EST on over 187,000 shares.
Last news from the Company was January 23rd that it had won a US$2.1 million contract to supply and install multi-layer Perimeter Intrusion Detection Systems (PIDS) for two new high security prisons in Latin America.
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Magal S3 is a leading international provider of security, safety and site management solutions and products. Over the past 40 years, Magal S3 has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries.
http://www.magal-s3.com
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