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Last $5.02 USD
Change Today +0.0452 / 0.91%
Volume 13.8K
MAGS On Other Exchanges
As of 9:53 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Industrial Zone

PO Box 70

Yehud, 5610001


Phone: 972 3 539 1444


oyable element has a low footprint for concealed operation and can be put into operation within less than five minutes. COMMAND AND CONTROL SYSTEMS The company offers three types of command and control systems, such as Fortis4G – a forth generation of command and control system; StarNet 1000 - a basic security management system (SMS); and Network Manager – a middleware (software) package. Fortis 4G FORTIS4G is the company’s new phisical security information management system. It is a command and control solution designed for entities requiring management of security, safety, and dispatching. It is designed to manage daily routines and site activities, security, regular and irregular events, as well as crisis situations. The target markets for Fortis4G are municipalities, city protection applications, and as part of other integrated solutions supplied by the company, for use in airport, border, and homeland security applications. StarNet 1000 StarNet 1000, an SMS, is suitable to manage basic sites, consisting of a PIDS with a few other devices. StarNet2 StarNet2 is a new version of the basic StarNet system. It is derived from the Fortis4G. Network Manager Network Manager is a middleware (software) package that is as an interface between the company’s family of PIDS sensors and any command and control solution. MISCELLANEOUS SYSTEMS Life Safety/Duress Alarm Products The company’s products include personal, portable duress alarm systems to protect personnel in prisons. These products identify individuals in distress and could pinpoint the location of the distress signal with an indoor-to-outdoor and floor-to-floor accuracy unmatched by any other product. Flash and flare personal emergency locating systems use radio frequency technology to provide a one touch emergency system that is so small it could be worn on a belt. The systems, sold to prisons, consist of transmitters that send distress signals to receivers mounted throughout the building. PAS is another personal alarm system that uses an ultrasonic based emergency notification system. The system, sold primarily to prisons in the United States, allows individuals moving throughout a facility to indicate their exact location in a crisis situation. Cyber Protection Solutions In 2013, the company acquired CyberSeal Ltd. (CyberSeal) and started to initiate strategy to expand product offerings to include cyber protection solutions. These new solutions would monitor, detect and protect against abnormal network activity, both landline and wireless, within and close to protected sites. The company has developed the following new products: Tungsten – A hardened managed switch with built in security capabilities to monitor unauthorized traffic which is optimized for outdoors security networks; Cobalt – A Ruggedized Unidirectional Ethernet Data Diode, designed to control the flow of information between distinct networks and protect against cyber attacks; Yttrium - IMSI (International Mobile Subscriber Identity) Catcher Appliance that is capable of enforcing a cellular usage policy at a site by using a configurable set of rules; Vanadium - IMSI Catcher Detector designed to protect cellular subscribers within a secured site against diversion of their mobile devices (calls and data) through unauthorized pseudo operators; Rubidium – A SIEM (Security Information & Event Management) application, designed to manage CyberSeal’s products, as well as third party network and cyber monitoring devices. Sales and Marketing In addition to two main sales offices in Israel and Canada, the company has sales offices in the United States, the United Kingdom, Germany, Mexico, China, Romania, Colombia and Spain. In India the company has a joint venture covering this market. Customers The revenues from the provision of the perimeter security solution to the port of Mombasa, Kenya accounted for 14.2% of the company’s revenues, as of December 31, 2013. Research and Development The company’s research and development expenses during 2013 included $4.4 million. Intellectual Property Rights The company has 14 patents iss


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Valuation MAGS Industry Range
Price/Earnings 24.2x
Price/Sales 1.1x
Price/Book 1.5x
Price/Cash Flow 24.1x
TEV/Sales 0.6x

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