Magal Security Systems announced that it has received two orders totaling $3.4 million to supply PIDS (Perimeter Intrusion Detection System) products for a large oil company based in Latin America. Delivery is expected during the third quarter of this year.
Volumetric buried cable systems will be delivered to protect 125 oil wells and fiber sensors will protect another 20 sites of oil related cr...
Magal Security Systems announced that it has received two orders totaling $3.4 million to supply PIDS (Perimeter Intrusion Detection System) products for a large oil company based in Latin America. Delivery is expected during the third quarter of this year.
Volumetric buried cable systems will be delivered to protect 125 oil wells and fiber sensors will protect another 20 sites of oil related critical infrastructure. Integration into a third party control system will be performed by a local integrator.
"While we have seen significant success in delivering full turnkey projects during the past two years, this order demonstrates the strength of the product facet of our business. These very large orders for products exclusively, demonstrate the value of our flexibility to partner with system integrators and propose the best solutions to their customers" commented Mr. Eitan Livneh, President and CEO of Magal S3. "At the same time, this order continues the trend of our business growth in Latin America."