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GSN 2012 Awards announced: White House deputy of homeland security recognized for leadership at annual gala

GSN Awards 2012

Hundreds of the best of the homeland security community’s federal, state and municipal government officials, government contractors, systems integrators, IT vendors and physical security product and solutions providers all came together the night of November 29 in a ballroom of the Washington, D.C. convention center to receive accolades.

The GSN awards dinner, which has become a Washington tradition over the last four years, offered a chance for the excellence and civic-minded spirit of homeland security efforts nationwide to be recognized.

Not only were the best tools and technologies acknowledged , but the people and groups who use them, from local police departments in Florida and Washington state, to the White House, were honored at the event.

During the awards ceremonies, Richard Reed, Deputy Assistant to President Obama for Homeland Security, received the second annual Government Security News/Raytheon Award for Distinguished Leadership and Innovation in Public Safety and Security. Reed was chosen for tireless work in his key role in leading the development of national policy related to resilience, transborder security and community partnerships. He has been described as the president’s eyes and ears during disasters. In crises, such as the Gulf oil spill, H1N1 pandemic, and Haiti earthquake, Reed has sprung into action at the White House, coordinating information and gathering people to cope with these catastrophes.

Reed told Government Security News in an interview after the dinner that gatherings like GSN’s awards ceremony were invaluable in demonstrating that the hard work of creating a resilient, strong response to crises is performed by thousands of individuals, like those in attendance. Gatherings that bring the diverse emergency response and homeland security communities together can broaden perspectives and spur new ideas, he said.

Reed has been a determined, mostly behind-the-scenes, captain of federal emergency response efforts during the Bush and Obama administrations, helping prepare for, and respond to, some of the worst natural disasters the nation has known, from one of the deadliest tornado seasons in history in the Midwest, to historic wild fires in the west, and massive storms in the eastern U.S.

Reed said the key to capable response to such staggering events lies not only in federal hands, but in enabling state, local and even personal responses. Getting resources and training in place before disasters happen goes a long way in an effective response and recovery, he said. “The true first responders are friends, neighbors and co-workers” in the immediate aftermath of a disaster, said Reed. Local police, firefighters and other agencies arrive second, he said. Enabling people with information concerning what resources are available or where they can go for help or supplies empowers them, said Reed.

Government Security News managing partner Adrian Courtenay has made the GSN/Raytheon award an annual tradition. The prize is sponsored by the Raytheon Company, a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world, which is headquartered in Waltham, MA.

Notable 2012 government excellence award winners included the local police departments in Tampa and St. Petersburg, FL, for their ground-breaking work in preparing for the Republican National Convention in Tampa this past summer. The departments put together comprehensive plans to gently defuse potentially volatile political demonstrations at the event. Both departments were also praised for implementing an innovative interoperable communications network during the GOP convention.

The Lawrence Livermore National Laboratory was recognized for its groundbreaking work on a small radiation detector. The Naval Air Systems Command won an award for its work on the Kestrel Wide Area Persistent Surveillance program, which developed an aerostat for long-term surveillance capabilities to protect ground soldiers in Afghanistan.

The complete list of GSN’s 2012 Award winners appears below: 

CATEGORY 1 – VENDORS OF IT SECURITY PRODUCTS AND SOLUTIONS

 

Best Anti-Malware Solution

 

Invincea

 

Best Identity Management Platform

 

Alert Enterprise

 

Best Certificate Management Solution

 

Entrust

 

Best Compliance /Vulnerability Assessment Solution

 

Agiliance

 

Best Data Security/Loss Management Solution

 

WAVE Systems

 

Best Endpoint Security Solution

 

StillSecure

 

Best Forensic Software

 

Silvertail

 

Best Intelligence Data Fusion and Collaborative Analysis Solution

 

Lookingglass Cyber Solutions

 

Best Intrusion Detection/Prevention Solution

 

Intellidyne

Vanguard Integrity Professionals

 

Best Network Security/Enterprise Firewall

 

Black Lotus

 

Best Privileged Access Management Solution

 

Kikusema

Xceedium

 

Best Real-Time Dynamic Network Analysis

 

Fidelis Security

 

Best Continuous Monitoring Solution

 

ForeScout

Redseal

 

Best Security Incident/Event Management Solution (SIEM)

 

NetIQ

 

CATEGORY 2 – VENDORS OF PHYSICAL SECURITY PRODUCTS & SOLUTIONS

 

PHYSICAL SECURITY ACCESS CONTROL & INDENTIFICATION

 

Best Biometric Identification Solution

 

Fulcrum Biometrics

 

Best Integrated System for HSPD 12/FIPS 201 Compliance

 

Brivo

 

Best Platform for Physical and Logical Access

 

Alert Enterprise

 

COMMUNICATIONS

 

Best Interoperable First Responder Communications

 

Covia Labs

 

Best Mass Notification Systems

 

AtHoc

 

Best Regional or National Public Safety Communications Deployment

 

Desktop Alert

 

DETECTION PRODUCTS

 

Best Explosives Detection Solution

 

AS&E

 

Best Long Range Detection Systems

 

Vidisco

 

Best Nuclear/Radiation Detection

 

Lawrence Livermore National Laboratory

 

VIDEO SURVEILLANCE

 

Best Intelligent Video Surveillance Solution

 

Panasonic

 

Best Thermal/Night Vision/Infrared Cameras

 

HGH Infrared Systems

Vumii

 

Best Network IP Cameras

 

Axis Communications

 

Best Video Storage/Digital Transmission Systems

 

Panasonic

 

OTHER PRODUCTS

 

Best Perimeter Protection Solution

 

Senstar

 

Best Crash Barriers

 

Nasatka

 

Best Physical Security Information Management (PSIM) Solution

 

NICE Systems

 

SERVICES

 

Best Disaster Preparedness or Disaster Recovery & Clean-up Service

 

High-Rise Escape Systems

 

Best Facility Security/Force Protection Service

 

Whitestone Group

 

Best Homeland Security Training/Higher Education Solutions

 

Bellevue University

 

Category 3: Government Security News 2012 Government Excellence Awards

 

Most Notable Airport Security Award

 

Defense Manpower Agency

 

Most Notable Maritime/Port Security Program

 

Ohio Department of Public Safety/Northern Border Initiative

 

Most Notable Railroad/Mass Transit Security Program

 

Denver Regional Transportation Authority

 

Most Notable Critical Infrastructure Program, Project or Initiative

 

U.S. Veterans Administration Hospital, Tucson, AZ

 

Most Notable Cyber Security Program, Project or Initiative

 

U.S. Department of Energy

 

Most Notable Emergency Response Implementation

 

U.S. National Guard

Federal Emergency Management Agency (FEMA)

 

Most Notable Law Enforcement Interdiction, Arrest or Counter-Terrorism Program

 

Orange County Intelligence Assessment Fusion Center

 

Most Notable Municipal/County Programs, Projects or Initiatives

 

Seattle, Washington Police Department

Tampa and St. Petersburg, Florida Police Departments

 

Federal Government

 

Naval Air Systems Command (Kestrel Wide Area Persistent Surveillance)

GSN 2012 Homeland Security Awards program open for entries

The Government Security News 2012 Homeland Security Awards Program officially opened for entries on May 1, once again featuring 45 Awards in three broad Categories:Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions and the 2011 Government Excellence Awards.

Returning as corporate Sponsors of the 2012 Program are BRS Laboratories of Houston, TX -- a leading software development company for video behavioral recognition software that deploys easily and rapidly on large scale video networks and provides actionable information without inundating end users with false alarms -- and Entrust, Inc. , of Dallas, TX, which offers physical/logical access, mobile security, certificate management and other identity-based solutions to governments and large enterprises.  Additional sponsors will be announced, and profiles of all 2012 sponsors, will be published in coming weeks. Companies interested in joining the ranks of sponsors of the 2012 Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

The cost to submit an entry in the 2012 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies. Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

According Adrian Courtenay, managing partner of World Business Media, several new categories created in 2011 to acknowledge successful initiatives of federal, state or local agencies in responding to emergencies, countering terrorism and preventing crime will again be included in 2012. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local”; “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local”; and “Most Notable Counter Terrorism or Crime Prevention Program”.

In the 2011 contest, the Bastrop Country, TX, Unified Command (including county, state and federal government agencies) was awarded the trophy for “Most Notable Emergency Response Implementation” in battling 2011 Texas wildfires in Bastrop County. The United States Customs and Border Protection, Detroit Sector, was winner in the “Most Notable Law Enforcement Interdiction or Arrest” category for a dramatic arrest on St. Clair River in Detroit, and the Los Angeles Police Department was recognized for having the “Most Notable Law Enforcement Counter Terrorism or Crime Prevention Program.”

Another category that was new in 2011, “Most Notable Cyber Security Program or Technology – Government or Military”, will also be continued, in recognition of the emergence of Cyber Security as a vitally important component of overall security for any nation. The winner of this award in 2011 was the National Oceanic and Atmospheric Administration.

The 2012 Awards Program will once again culminate with a gala awards dinner in the fall, at a venue to be announced shortly. In the 2011 program, the “GSN/Raytheon Award for Distinguished Leadership and Innovation” was introduced and presented to Admiral Thad Allen (US Coast Guard-ret.), who came out of retirement twice in recent years to serve his country, first in heading up the federal response to Hurricanes Katrina and Rita, and later in managing the response to the Deepwater Horizon oil spill in the Gulf of Mexico.

In remarks for the 2011 Awards Dinner audience, Admiral Allen said the continuing work of technology companies and first responders was key in any disaster. He urged everyone to become a “lifelong rapid learner” to better cope with disasters, both man-made and natural. He also said “reconciling opportunity and competency” when disaster strikes is essential to any effective recovery, and being on top of the latest, most effective technology is a product of being a lifelong rapid learner. He also said clear communications is also a key to effective response and amplified his call for a nationwide interoperable first responder radio network. 

Photos of the 2010 awards reception and dinner are available at www.flickr.com/photos/[email protected]/, and video interviews with Admiral Allen, as well as sponsors and winners in the 2011 Awards program, are available at the GSN Video Center at www.gsnmagazine.com/videocenter.

Entry forms and other information about the 2012 Awards Program are available at www.gsnmagazine.com/hsa2012/welcome.

GSN 2011 Awards Program opens for entries on April 26

Government Security News has announced that its 2011 Homeland Security Awards Program  will officially open for business and start accepting entries in the program’s 45 awards categories on Tuesday, April 26.

The 2011 program contains a number of exciting new categories, reflecting the dynamically changing threat environment, in all three of the overall awards groupings: Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions, and the 2011 Government Excellence Awards.

The cost for each entry in the 2011 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies.

Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

Adrian Courtenay, Managing Partner of GSN’s parent company, World Business Media, LLC, cited two intriguing new categories in the government sector that have been selected to acknowledge solid “boots on the ground” achievements of federal, state or local agencies in responding to emergencies, countering terrorism and stopping crime. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local” and “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local.”

Acknowledging the increasing importance of cyber security and the threat of cyber war among nation-states, Courtenay also pointed out that the government awards in 2010 have been expanded to include a category titled, “Most Notable Cyber Security Program or Technology – Government or Military.”

Returning for its third year as a sponsor of the GSN Awards Program is founding sponsor ArcSight, now a business unit of Hewlett Packard Software and Solutions, whose enterprise threat and risk platform is an integrated product for collecting, analyzing and assessing security and risk information. ArcSight is also a repeat winner in the GSN awards program for its Security Incident Event Management (SIEM) products for collecting, analyzing and assessing security incident event information.

Also returning as event sponsors are General Dynamics C4, located in Phoenix, AZ, a major developer and integrator of secure communications and information systems and technology; and  Mutualink, another GSN award winner, which creates networks of interoperable communities that can instantly share radio, voice, text, video and data files, and telephone communications in a secure environment.

The fourth and final sponsor to date in the 2011 Awards Program is Behavioral Recognition Systems, Inc., of Houston, TX, also known as BRS Labs, whose software uses the fascinating, scientifically developed cognitive reasoning and artificial intelligence of behavioral analytics to leverage a stream of intelligence from millions of surveillance cameras worldwide, in order to provide alerts regarding abnormal or suspicious behavior.

Profiles of each of the 2011 sponsors will be posted on the GSN Web site in the coming weeks.

Additional companies or organizations interested in joining the ranks of 2011 sponsors of the GSN 2011 Homeland Security Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

According to Courtenay, the 2011 Awards Program will culminate with the annual awards dinner in early November at a venue to be announced shortly. “It’s going to be hard to top last year’s elegant dinner and spectacular after-dinner keynote presentation by four-star General Barry McCaffrey (USA-Ret.). But we’re going to try!”

In 2010, the GSN awards were presented to a sold-out ballroom at the JW Marriott Hotel in Washington, DC, that included many distinguished government and military officials, academics, law enforcement and public safety professionals from across the country, along with the systems integrators, defense contractors and vendors of products and solutions used in homeland security.

Photos of the 2010 awards reception and dinner are available at:

www.flickr.com/photos/[email protected]/.

Further information and entry forms for the 2011 Awards Program are available at:

www.gsnmagazine.com/hsa2011/welcome.

OzVision

Alan Avidan, President, indicates that OzVision is pushing the forefront of hosted video services for dealers and users. The company’s government market includes military bases, government facilities, and national monuments such as the Washington Monument, the State of Liberty and Ford’s Theater. Avidan calls for dealers and central services to join in the hosted video movement, which he describes as the future of the industry.

VideoIQ

Scott Schnell, CEO, describes Video IQ’s next generation of video surveillance, where each of its high-definition cameras has video analytics plus half a year of storage with the camera itself, thus eliminating the high cost of storage and networking. According to Schnell, VideoIQ’s cameras with high-definition sensors can track up to 24 objects simultaneously and have 3X the field of view of conventional high-definition cameras with analytics.
Place on: Home Page, Aviation/Port Security, Border Security, Infrastructure Protection, Law Enforcement. First Responders, Maritime/Port Security, Perimeter Protection, Video Surveillance

T3 Motion

Gary Joubert, VP of Sales and Marketing, reports that T3 provides electric vehicles for law enforcement that are used in almost every police department in the U.S., as well as in government agencies around the world. Other markets for the made-in-the-USA T3 series include the military, general transport and the private security business. Recent improvements have been well received, and business is great!

Obama seeks three percent hike in discretionary budget at DHS

Despite official murmurings a few months ago that the fiscal year 2011 budget request for DHS might decline slightly, the budget package unveiled on February 1 actually shows a three percent increase in “discretionary spending” by DHS in 2011, versus the prior year, and modest growth, at approximately the predicted rate of inflation, in the outer years.

“The total fiscal year 2011 budget request for DHS, including fee funded and mandatory spending, is $56.3 billion, a two percent increase over the fiscal year 2010 enacted level,” said Peggy Sherry, the acting  chief financial officer at DHS, in a telephone conference call with journalists on February 1. “The department’s fiscal year 2011 net discretionary or appropriated funding request is $43.6 billion, an increase of three percent over the fiscal year 2010 enacted level.”

In releasing his overall budget request, President Obama proposed a freeze in government spending for a portion of the discretionary domestic spending plan for three years, but he specifically exempted homeland security expenditures from that freeze. “It won’t apply to our national security – including benefits for veterans,” said Obama in remarks he made in the White House on February 1.

Some observers speculated that the slight bump up in DHS spending may have resulted from the nationwide trauma caused by the failed Christmas Day underwear bombing attempt, and the urgent call for stronger screening measures at the country’s airports. However, a DHS official who participated on the conference call with journalists, but requested anonymity, would not attribute the budget increase to that terrorist attack.

“As part of the budget process, we examined different scenarios and options,” explained the official. “Those are discussions that are internal to the Administration and what you see in the budget release today is the end product of all those budget deliberations.”

Among the thousands of individual line-items for specific programs and planned procurements are the following highlights:

Advanced imaging systems – The 2011 budget requests an additional $214.1 million to install about 500 extra advance imaging technology machines at airport checkpoints, above and beyond the 500 systems that had already been planned. These funds will place such whole body scanners in 75 percent of the country’s largest airports, said Sherry.

Explosive detection – Beyond body scanners, DHS will seek an additional $85 million to bolster international flight coverage by federal air marshals, an increase in $60 million for an additional 800 explosive trace detection machines and a $71 million bump up to pay for an additional 275 K-9 teams at airport check points.

Border Patrol – The new budget envisions a decrease of 180 personnel in the ranks of the Border Patrol, which will be achieved largely through attrition. A DHS official suggested that the overall operating effectiveness of the Border Patrol will not be affected by this decline in personnel slots because the Border Patrol has almost doubled in size during the past five years. “A lot of the agent workforce, the substantial portion of it, has only a couple of years experience,” said this DHS official. “As they become more seasoned and more mature in their jobs, their effectiveness will increase, and because we are not doing the extensive hiring of 2,000 to 3,000 new agents a year, we can afford to put less into training improvement.”

Cyber-security – By contrast, DHS is planning a substantial beef-up in its cyber-security efforts. The new budget seeks $379 million to develop the National Cyber Security Division, which will attempt to safeguard the dot.gov and dot.com domains, and limit the nation’s vulnerability to computer attacks. DHS wants to add another $5 million to the $5 million that was in last year’s budget for the National Cyber Security Center, which one DHS official characterized as “still in its infancy.” The budget envisions an increase in the Center’s staffing to 40 people and the enhancement of its expertise, so it can integrate with other cyber-centers throughout the federal government.

Terror trials – Contrary to media reports that a terror trial in Manhattan might require a billion dollars in security measures, the 2011 budget request for DHS includes only $200 million for such security measures, which would be available through the traditional urban area grant programs. “The department took a look at it and we think $200 million is really our best estimate of the costs,” said the DHS official.

Federal contracting – In what it calls “re-balancing the workforce,” DHS is planning to rely less on outside vendors and more on internally recruited and trained personnel, particularly in the areas of cyber-security --  where DHS is authorized to hire as many as 1,000 new cyber-specialists – and the intelligence work often referred to as “connecting the dots.” “In our analysis and operations activity, we have a major increase in the number of feds doing intelligence type work,” said Sherry.

Coast Guard – A DHS fact sheet issued by the Office of Management and Budget points out that the budget request includes $538 million for a fifth National Security Cutter and $240 million to produce four new Fast Response Cutters. Even so, the new budget seeks funds for 1,100 fewer active duty Coast Guard personnel. “We are looking to reorganize and restructure certain elements of the Coast Guard to create greater efficiency,” explained a DHS official, “and there are obviously tradeoffs made as part of that to ensure we could continue to recapitalize the Coast Guard.”

President Obama’s budget request was delivered to Capitol Hill and will now undergo months of scrutiny by lawmakers. Fiscal year 2011 begins officially on October 1, 2010.

LRAD® Corporation Receives $1.0 Million International Defense Order

SAN DIEGO, CA - LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of acoustic hailing devices (“AHDs”), advanced mass notification systems and distributed recipient software solutions, today announced a $1.0 million order for LRAD 100X and LRAD 450XL AHDs from an international defense department. The man-portable and vehicle-mounted communication systems will be used for both training and operational deployments.
 
“LRAD was selected after a competitive tender and extensive testing, due to its superior intelligibility, proven performance, and exceptional broadcast range,” noted Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “This order continues the trend of significant LRAD procurements by U.S. and international defense forces.”
 
LRAD systems broadcast audible, voice messages and warning tones with incomparable clarity from close range out to 5.5 kilometers. LRAD’s advanced driver and waveguide technology ensures every broadcast is clearly heard and understood over background noise. From the rugged, lightweight LRAD 100X to larger systems temporarily or permanently mounted on vehicles, vessels, and helicopters, LRAD systems increase the communication capabilities and operational effectiveness of defense forces.
 
About LRAD Corporation
The Company's proprietary Long Range Acoustic Devices®, advanced ONE VOICE® mass notification systems, and innovative Genasys™ mass messaging solutions are designed to enable users to safely hail and warn, inform and direct, prevent misunderstandings, determine intent, establish large safety zones, resolve uncertain situations, and save lives. LRAD systems are in service in more than 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, homeland, border, critical infrastructure, maritime, oil & gas, and port security, public safety, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information, please visit http://www.LRAD.com.
 
Forward Looking Statements 
Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements. These risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2017. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
 

Magal Acquires Control of ESC BAZ - Manufacturer of Security Video Observation & Surveillance Systems

Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced it has signed an agreement to acquire a 55% controlling interest in ECS BAZ Ltd. ("BAZ"), an Israeli-based company, focused on the development and manufacturing of military-grade smart Security Video Observation and Surveillance systems. Magal has the option to acquire the remaining outstanding shares from BAZ's shareholder and General Manager, Benny Zviran. Mr. Zviran will continue to serve as the General Manager of BAZ. The closing of the acquisition is pending the approval of the Israeli anti-trust authority.

It is anticipated that BAZ's operation coupled with the expected synergies will positively contribute to Magal's revenues and will be accretive to earnings.

The BAZ product portfolio includes a wide range of modular and customizable medium and long range surveillance systems for distances from 500m up to 25km. BAZ systems have been used successfully for over twenty years, are operational and field proven with customers including the Israeli Defense Forces, Police and Security Services, as well as numerous other government and civilian customers worldwide.

Saar Koursh, CEO of Magal, commented, "Our vision is to lead the perimeter security market by offering a one stop shop for all cutting edge perimeter intrusion detection systems (PIDS) Security Solutions. The BAZ acquisition will enable us to offer smart thermal cameras with embedded video analytics and strengthens and broadens our portfolio of PIDS, state of the art video management systems and video analytics offerings. We welcome the very talented and experienced team at BAZ to the Magal Group and look forward to realizing the strong potential synergies between our companies."

Benny Zviran, General Manager of BAZ, commented, "We are proud to join the Magal team, contributing our smart Video Observation and Surveillance solutions to an industry leading portfolio of perimeter security products. We look forward to better tapping this important market and growing together over the coming years."

ABOUT MAGAL 

Magal is a leading international provider of solutions and products for physical and video security solutions, as well as site management. Over the past 45 years, Magal has delivered its products as well as tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries - under some of the most challenging conditions.

Magal offers comprehensive integrated solutions for critical sites, managed by Fortis4G - our 4th generation, cutting-edge physical security information management system (PSIM). The solutions leverage our broad portfolio of home-grown PIDS (Perimeter Intrusion Detection Systems), Symphony - our advanced VMS (Video Management Software) with native IVA (Intelligent Video Analytics) security solutions.

Forward Looking Statements

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in Magal's reports filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 20-F and Current Reports on Form 6-K.

For more information: 
Magal Security Systems Ltd.
Saar Koursh, CEO
Tel: +972-3-539-1421
E-mail: [email protected]
Web: http://www.magal-s3.com

GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
E-mail: [email protected]

Aperio Systems Announces $4.5M Strategic Investment for Next Generation Cybersecurity Intrusion Prevention System to Secure Critical Infrastructure

HAIFA, Israel, -- Aperio Systems, the company providing the last line of defense for securing critical infrastructure, today announced a strategic investment from Energias de Portugal (EDP), one of Europe's largest utilities. EDP was joined in the round of financing by Data Point Capital, a venture fund with deep cybersecurity expertise from Siemens, expansion stage venture firm Jump Capital with strong Enterprise Infrastructure focus, and Scopus Ventures, a venture fund investing in category-defining companies. The $4.5 Million in seed funding will support Aperio Systems' global growth and the introduction of its next-generation Intrusion Prevention System (IPS for SCADA).

Following highly successful beta programs across sites in EMEA, Aperio Systems has moved to the installation phase at some of the world's largest utilities. EDP's investment follows a successful pilot program with Aperio Systems to protect thermal generation assets.

"Aperio Systems impressed us as truly innovative during a successful pilot in which the system was rigorously tested and showed its ability to prevent sophisticated attacks," said Luís Manuel, Executive Board Member at EDP Inovação. 

Headline-making cyberattacks have demonstrated that attackers are able to penetrate critical systems. Once attackers breach a system, the only way to cause severe and long-lasting damage is to blind operators by falsifying operational sensor data. Aperio Systems' proprietary Intrusion Prevention System based on Data Forgery Protection (DFP) technology detects artificial manipulations of industrial process data. From the rate of gas flow at a petroleum refinery, to the temperature and spin rates of turbines in a power plant, or the chlorine level of water supply networks, Aperio Systems delivers the last line of defense in protecting critical assets against insider and external threats.

"The utility sector is embracing the digital world at an incredible speed — with devices including smart meters, smart home devices, and smartphones — making us ever more dependent on sensors to run and secure our most critical systems from malicious attacks and damage," said EDP's Manuel. "By protecting critical assets – be they isolated systems or IoT connected to physical systems – Aperio Systems offers resilience along with peace of mind. As a customer, and now investor, EDP is proud to partner with Aperio Systems to accelerate its growth globally."

Data Point Capital, a Boston-based venture capital fund affiliated with Leonardo DiCaprio, has an impressive leadership team that includes Managing Partner Mike Majors, known for his previous role at Siemens Venture Capital where he was founder and head of the $100 million early-stage Industry of the Future Fund and one of the most active global investors in cybersecurity for critical infrastructure. Scopus Ventures is an LA-based firm with a team that collectively holds more than 80 years of operating and investing experience in enterprise technologies. Jump Capital is an early and growth stage firm that focuses on data-driven, enterprise software companies across a breadth of industries.

"There is a global need to protect every critical control system from internal and external cyber threats and malicious actors," said Bahram Nour-Omid, Managing Partner, Scopus Ventures. "Aperio Systems' founders are exceptional technologists and visionaries, whose AI based approach, requiring no new hardware, provides exceptional protection for critical infrastructure against potentially catastrophic attacks."

EDP, Data Point Capital, Jump Capital and Scopus Ventures join a consortium of private investors, including prominent cybersecurity veterans Doron Bergerbest-Eilon, Liran Tancman, and Shlomi Boutnaru.

"We are thrilled by EDP's vote of confidence and are excited by the possibilities offered through the investments from EDP, Data Point Capital and Scopus Ventures, which allow us to expand Aperio Systems' presence globally to secure critical infrastructure and ensure data quality," said Michael Shalyt, CEO Aperio Systems. "This past year has demonstrated without a doubt that physical assets are the true targets of attacks against critical infrastructure. You don't target nuclear plant engineers to steal credit cards. Securing critical infrastructure has tangible financial, social, and even life-or-death implications. We are heartened to see the heavy industries are gaining awareness of the threats and taking them seriously."

Since emerging from stealth in November 2016 Aperio Systems has garnered a stream of awards and accolades, including:

 

About Aperio Systems 
Aperio Systems secures critical infrastructure systems against internal and external cybersecurity threats by ensuring ironclad operational data integrity.  Integrating into existing SCADA and industrial control solutions, its Data Forgery Protection (DFP) technology reveals the true state of ICS systems in the face of malicious manipulation.  Providing a last line of defense against sophisticated cyberattacks, Aperio Systems dramatically lowers the risk of shutdowns and service outages – delivering operational continuity and maximum system resilience.  More information at http://www.aperio-systems.com.

Media Contact:
Leron Kornreich
[email protected]
+1-415-937-1724

 

SOURCE APERIO Systems

Related Links

http://www.aperio-systems.com

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