Focus on Strategic Messaging, Increasing Visibility, and Enhancing Shareholder Value
Magal Security Systems, LTD., a leading international provider of comprehensive physical, video and access control security products and solutions, as well as critical site management, announced that it has retained Hayden IR, an investor relations advisory and communications services firm, to implement a strategic investor relations program grounded in best practices. Hayden IR will work to improve Magal’s strategic messaging and increase visibility within the investment community with the goal of ultimately enhancing shareholder value.
Mr. Dror Sharon, Chief Executive Officer of Magal, said, “Over the last six quarters, Magal’s new executive team has implemented strategic changes that are increasing growth and improving profitability. We believe it is time to transition to new and innovative outside investor relations firm to help us improve our communications with investors and drive shareholder value. Hayden IR’s focus is to help the Company effectively communicate our investment thesis and improve awareness of Magal with investors.”
“Hayden IR will work closely with Magal’s executive team to highlight the Company’s strategy and their unique capabilities,” said Brett Maas, Managing Director at Hayden IR. “With a growing footprint in the multibillion-dollar global security industry, significant R&D investment in technology, and recent investment in expanding the sales team, Magal is well positioned for profitable growth. Hayden IR has a track record of successful targeted outreach and relationship-building combined with superior communications and messaging capabilities that will increase Magal’s visibility in the investment community and support their goal to improve shareholder value.”