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perimeter security

Perimeter security provider comments on projected market growth

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Wednesday, May 20, 2015

I couple weeks back, I wrote an article on the perimeter security market—primarily Technavio's projection that it will rise between 2015 and 2019. Jack DeMao, the CEO for Electric Guard Dog, called me today to talk about the report, how it matches up with his company, and trends from his side of the industry.

Electric Guard Dog offers solar-powered electric security fences, designed to “deter people at the fence line.” His interest was piqued when he saw exactly that style of perimeter security mentioned by Technavio as a trend in perimeter security.

DeMao has seen a rise in perimeter security first hand, he told me, citing between a consistent growth at his company, year after year. “I would say that people have greater interest to keep the bad guys out at the fence line,” he told me.

A new trend for his business, he said, is more IoT-type requests; “Like most security solutions, [customers] want to be able to turn their fence [and] their security systems on and off with their smartphones, and get information as to what’s going on at their site.”

Electric Guard Dog started offering smartphone abilities two or three years ago, DeMao estimated. At first, between 10 and 20 percent took this option. By 2015, that percentage has jumped to around 90 percent, he said. 

North American perimeter security market to grow

Growth across all sectors, higher in some
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05/11/2015

LONDON—Technavio predicts growth in North America’s perimeter security market to be about $5.7 billion by 2019, up from $4.1 billion in 2014, a 39 percent increase.

De Fina joins SightLogix

Former head of Panasonic, Samsung, joins smart thermal camera manufacturer
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07/15/2014

PRINCETON, N.J.—Calling it the “next great company,” Frank De Fina announced today that he’s joining smart thermal camera manufacturer SightLogix as EVP of sales and marketing.

The Magal board responds…

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Wednesday, July 21, 2010

Because I know you were dying to see what happened:

Magal Board Responds to Letter Received From Dissident Shareholders

Yahud, ISRAEL, July 21, 2010/PRNewswire-FirstCall/ — Magal S3’s (NASDAQ: MAGS) Board of Directors met today to consider the letter it received from the dissident shareholders that represent 17.8% of the company’s shareholders.

The Board found that the offers made by Mr. Kirsh, Plenus Fund and OPTEX, a Japanese company, to be non-comparable, as the OPTEX proposal was condition at on the replacement of the majority of the company’s Board of Directors, while the Plenus proposal required a formal application to Plenus in order to negotiate all terms and conditions. As a result, Mr. Kirsh’s proposal, as previously approved by the Board, which is unconditional and only subject to shareholder approval, is the only proposal which will be presented at the extraordinary general meeting called for August 12, 2010.

The Board, however, has instructed Magal’s management to contact Plenus and obtain clarifications regarding its proposal. Similarly, the Board appointed its two external directors to serve as a committee to consider the details of all proposals received and to report back to the Board.

The Board discussed Mr. Yoav Stern’s direct appeal to the company’s employees worldwide and further noted that Mr. Stern had recorded conversations with the company’s employees, shareholders and Board members, without their knowledge. The Board views Mr. Stern’s conduct as an attempt to damage the company’s proper management and operations. It has directed the company’s management to take all steps necessary as a result of these actions and to report back to the Board as soon as possible. The Board views this conduct to be improper and is reviewing future actions with regard to his conduct.