Bangalore (Karnataka) [India], Apr.7 (ANI): Dynamatic Technologies Ltd. has announced the signing of a cooperation agreement with Israel-based company Magal Security Systems Ltd. (Mangal-S3).
This cooperation aims to address the increasing demand for high-end security products and solutions for critical infrastructure in India. It will aim to provide combined integrated border management solutions to address the challenge of securing Indian borders.
Magal Security Systems has unique experience in perimeter security technologies and complex technological security projects. It products are being used by Israel among others
"We intend to bring in smart perimeter and security management technologies that include intrusion detection and prevention on a real time basis. These technologies will be offered to Indian military establishments to prevent cross border infiltration and ingress. Additionally, these systems can be used to secure ports, airfields, industrial buildings, commercial establishments and other critical assets across the country. This furthers Dynamatic's initiatives to successfully Indigenise critical Military Industrial Capabilities under the national "Make in India"program. Magal S3 has unparalleled knowledge and experience in integrated border security and we are excited to be working jointly with them," said Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies
"We are very pleased with this cooperation. We are confident that this cooperation will enable us to increase our presence in the Indian security and HLS market, eventually positioning ourselves, together with Dynamatic as first choice turn-key contractors and solution providers for Indian governmental and private sector customers. We are confident that combining Dynamatic and Magal-S3 proven technological capabilities, past experience and knowledge of the Indian market, will benefit both - Dynamatic and Magal-S3. Last but not least, we were pleased to learn that both managements share similar set of values, a factor that will most likely increase synergy and anticipated cooperation," said Saar Koursh, CEO of Magal-S3,
Dynamatic Technologies designs and builds high precision systems and sub-systems for Aerospace, Automotive, Hydraulics, and Homeland Security & Defense. The company has been associated with Indian Ministry of Defense for over two decades and has been awarded for indigenisation of defense production in the year 2002. Magal-S3 is a leading international provider of solutions and products for physical and video security solutions, as well as site management. (ANI)