Magal Reports a US$ 6.1 Million Framework Agreement for Israeli Seam-Line Project YAHUD, Israel, March 31 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ NM:MAGS) (TASE:MAGS) today announced that it has signed a framework agreement for US$6.1 million with the Israeli Ministry of Defense (MOD) to continue the installation of intrusion detection systems along the seam-line between Israel and the West Bank. This agreement is expected to be completed by the end of the third quarter of 2005. Mr. Even-Ezra, Chairman of Magal said: "This agreement is a follow-on from previous orders that Magal has received in the past few years from the Israeli MOD for the installation of the Company's intrusion detection systems along the seam-line. We are gratified that the Israeli MOD has once again chosen us for the important task of protecting Israel's borders. The Israeli MOD has particularly stringent security and operational requirements. The fact that Magal is chosen continually to protect the country's borders, where there is a significant and persistent risk of terrorism, is testament to the quality and success of Magal's offering." Mr. Even-Ezra concluded: "We believe the company will continue to receive further orders for the installation of our systems on the seam-line during this year." 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, Romania and an office in China. 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, under the symbol MAGS. 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. Contacts: Magal Security Systems, Ltd Roi Levy Tel: +972-3-539-1444 Fax: +972-3-536-6245 E-mail: Gal IR International Ehud Helft/Kenny Green Tel: +1-866-704-6710 Int'l dial: +972-3-607-4717 E-mail: DATASOURCE: Magal Security Systems Ltd. CONTACT: Contacts: Magal Security Systems, Ltd. Roi Levy, Tel: +972-3-539-1444, Fax: +972-3-536-6245, E-mail: . Gal IR International, Ehud Helft/Kenny Green, Tel: +1-866-704-6710, Int'l dial: +972-3-607-4717, E-mail: ,

Copyright