09/09/2007
Vuance to provide perimeter security and border control to European airport
Vuance (formerly SuperCom) will provide an integrated perimeter security system and a border control system to a European international Airport to for a total of $13.8 million. The establishment of the security and control system will begin during the third quarter of 2007.
"This contract demonstrates our abilities to address the need for effective perimeter security and border control at international airports and other venues, and to provide our solutions where the safety and security of personnel, passengers and facilities are of critical importance," said Eyal Tuchman, Vuance CEO.
Vuance provides innovative incident management, active RFID, access control and credentialing solutions to public safety, commercial, institutional and government sectors.
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20:15 Posted in Perimeter Protection | Permalink | Comments (0) | Email this | Tags: Vuance, perimeter security, border control, international airports safety, Eyal Tuchman
09/06/2007
Magal acquire European security systems integrator for 6.8 million Euros
Magal Security Systems acquire a European company involved in the installation and integration of security systems for 6.8 million Euros in cash and additional consideration that will be based on performance and will be payable over the next five years.
This acquisition is part the Magal's strategic plan to expand its activities in the integration field, particularly in countries with strong growth potential for the company's security solutions. The acquired company is active in geographic areas where Magal has limited activity.
"This acquisition serves as an important step in the implementation of Magal's overall strategic expansion plan of penetrating new territories and regions, while further expanding our solutions offering,” said Izhar Dekel, Magal CEO. “We believe that this acquisition increases our ability to offer our comprehensive security solutions to new customers by expanding our global footprint into new markets."
Magal has recently received an order for a turnkey project of approximately US$4 million from one of the leading oil and gas companies in the world, which its headquarters is located in Europe, to protect two gas pressure stations.
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15:25 Posted in Security Systems Integration | Permalink | Comments (0) | Email this | Tags: Izhar Dekel, Magal Security Systems, security solutions