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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (54154)	4/22/2002 9:53:53 AM
From: wgh613	Respond to of 99280

MAGS gets order from Israel, Magal Receives Orders to Protect Sensitive Installations in Israel YAHUD, Israel, Apr 22, 2002 (BUSINESS WIRE) -- Magal Security Systems Ltd. (Nasdaq NM: MAGS chart, msgs; TASE:MAGS) today announced that it has received orders of approximately US$ 750,000 to protect major sensitive installations in Israel. The majority of these orders will be reflected in the 2002 financial results. The orders will include Magal's security systems, such as Vibration Intrusion Detection System, Video Motion Detection System, CCTV cameras and other security systems, all controlled by MagNet, Magal's Security Management System (SMS). Mr. Jacob Even-Ezra, Chairman of Magal, said: "Unfortunately, the war taking place in our region, forces the Israelis to put more efforts in protecting its facilities and installations from unauthorized intrusions. We are proud that once again our products were chosen for this crucial mission." Mr. Even-Ezra added: "I would also like to take this opportunity to inform our shareholders that the Company is using all available measures, including its own products, to protect its facility in Israel. Nevertheless, we wish that the time will come when we and our Palestinians neighbors will be able to live peacefully side by-side in this region." "Also, I would like to emphasize the fact that we have multiple facilities outside of Israel, that are responsible for approximately 60% of our total production," Mr. Even-Ezra concluded. About Magal Security Systems, Ltd.: Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. Magal also supplies Video Monitoring Services through Smart Interactive Systems, Inc., a subsidiary established in the U.S. in June 2001. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K., Germany, Mexico and an office in China. Revenues for fiscal year 2001 were US$41 million, with net income of US$3.2 million. Magal trades in the U.S. on the NASDAQ National Market since 1993 and in Israel on the Tel-Aviv Stock Exchange (TASE) since July 2001, in both under the symbol MAGS.

To: Zeev Hed who wrote (54154)	4/22/2002 9:58:12 AM
From: Lyle K	Respond to of 99280

GIVN is probably running because there was a very favorable segment about it shown on ABC's 20/20 on Friday night. Here is a link. abcnews.go.com