U.S. water utility buys Magal's DreamBox solution
Security company Magal is gaining traction in the U.S. market; after a year-long marketing efforts, order begin to come in
Good news on the eve of the new year for Yahud, Israel-based Magal (NASDAQ, TASE: MAGS): A major, if unnamed, water authority based on the east coast of the United States has selected Magal’s DreamBox solution to safeguard the utility’s sites from threats and malicious activity. The order was placed by a large, if unnamed, system integrator, which will also install and provide full support for the product.
DreamBox is an intelligent video, audio, and sensors management platform. It integrates and performs multiple critical security functions in one box, offering local and networked digital video and audio recording (DVR/NVR), intelligent video analysis (IVA), virtual video matrix switching, two-way audio, and site security management. The company markets DreamBox as especially suitable for high-security facilities such as airports, seaports, train stations, oil refinery facilities, and utility companies.
Izhar Dekel, CEO of Magal, correctly notes that “Water supplies are particularly vulnerable to hazardous threats — ranging from terrorist attacks to accidental contamination. While traditional perimeter protection measures, such as fence and ground sensors, are not viable in this environment, risk can still be mitigated by leveraging advanced Intelligent Video for perimeter protection.”
Dekel also noted that the new order showed that Magal’s solution was gaining traction in the United States. “The type of project that is ideally suited for DreamBox tends to have a long sales cycle, and after selling in the U.S. market for over a year now, we are beginning to see the fruits of our labor pay off with a number of new projects.”
We note that this a second breakthrough for a Magal system in as many weeks: A week ago we reported that, two years after Magal unveiled its PipeGuard system, the company found the first client for it — with a twist: PipeGuard was designed to offer protection to undegtround pipes, but the first client was a bank. The bank wanted to secure six of its branches from undeground tunneling by would-be ban robbers.
-read more in this news release