Magal Security Systems, Ltd. Fourth Quarter and Annual 2004 Results Release Scheduled for Monday, February 14th, 2005 Conference Call Scheduled for February 14th, 2005 at 11am EST YAHUD, Israel, February 2 /PRNewswire-FirstCall/ -- Magal Security Systems (NASDAQ NM: MAGS, TASE: MAGS), announced that it will be releasing its fourth quarter and annual 2004 results on Monday, February 14th, 2005, before the US market opens. The Company will also be hosting a conference call on the same day, February 14th, at 11:00am EST. On the call, Mr. Jacob Even-Ezra, Chairman of the Board & CEO, and Ms. Raya Asher, V.P. Finance & CFO, will review and discuss the fourth quarter and annual 2004 results and will be available to answer questions. To participate, you may call any one of the teleconferencing numbers that follows. Please place your calls at least 5-10 minutes before the conference call commences. If you are unable to connect using one of the toll-free numbers, please try the international dial-in number. US Dial-in Number: +1-866-860-9642 Canada Dial-in Number: +1-866-485-2399 ISRAEL Dial-in Number: 03-918-0610 INTERNATIONAL Dial-in Number: +972-3-918-0610 At: 11:00am Eastern Time 8:00am Pacific Time 6:00pm Israel Time For those unable to participate in the conference call, there will be a replay available from two hours after the call ends until Wednesday, February 16th, 11:00am EST. To listen to the replay please dial: 1-877-332-1104 (US) or +972-3-9255-939 (international). About Magal Security Systems 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, Romania and an office in China. Company Contact: Raya Asher (), Magal Security Systems, +972-3-539-1433 Investor Relations Contacts: Ehud Helft (), Kenny Green (), Gelbart-Kahana International, +1-866-704-6710 DATASOURCE: Magal Security Systems Ltd. CONTACT: Company Contact: Raya Asher (), Magal Security Systems, +972-3-539-1433; Investor Relations Contacts: Ehud Helft (), Kenny Green (), Gelbart-Kahana International, +1-866-704-6710

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