SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

F O R M 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2020

MAGAL SECURITY SYSTEMS LTD.
(Name of Registrant)

P.O. Box 70, Industrial Zone, Yahud 5610001 Israel
(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ____________

This Report on Form 6-K is incorporated by reference into the Registrant's Form F-3 Registration Statement File No. 333-217063 and Form S-8 Registration Statements File Nos. 333-127340, 333-164696, 333-174127 and 333-190469.



Magal Security Systems Ltd.

EXPLANATORY NOTE

The following exhibit is attached:
   
99.1
Press Release:  Magal Security Systems Announces Turnkey Security Project for Mexican VIP Residence dated July 20, 2020.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
MAGAL SECURITY SYSTEMS LTD.
 
   
(Registrant)
 
       
  By:
/s/ Doron Kerbel
 
   
Doron Kerbel
 
   
V.P. General Counsel & Company Secretary
 

Date:  July 20, 2020



EXHIBIT INDEX

EXHIBIT NO.
DESCRIPTION
   


          


 
EXHIBIT 99.1
 
Magal Security Systems Announces Turnkey Security Project
For Mexican VIP Residence

Features Key Proprietary Senstar Products and Magal Security FORTIS 4G Platform
Includes Long-term Service Contract

YEHUD, ISRAEL – July 20th, 2020 Magal Security Systems, Ltd. (Nasdaq: MAGS), a leading international provider of comprehensive physical, video and access control security products and solutions, as well as critical site management, announced a new turnkey security project for a Mexican VIP residence.

The turn-key project features all the Company's major proprietary products and platforms. Magal Security's Physical Security Information Management (PSIM) system, FORTIS 4G Command and Control will holistically integrate the customer's Perimeter Intrusion Detection System (PIDS), installed by Magal Mexican subsidiary. FORTIS 4G's centralized proprietary software completely integrates the entire security and operational systems, allowing the security teams to make effective, real-time decisions on events.

In addition to the FORTIS 4G Command and Control platform, the customer committed to a long-term service contract for Senstar's Symphony VMS video management software with video analytics. The customer selected Symphony, which will replace a prior VMS software, for its enhanced analytics capabilities and device-vendor agnostic flexibility. Symphony, with its portfolio of innovative solutions, reduces overall costs of security operations by streamlining inputs into one source and providing more effective surveillance measures. Together, FORTIS 4G and Symphony offer the customer versatility to implement additional technology into the residential security system.

Mr. Dror Sharon, Chief Executive Officer of Magal, said, "We are proud of our Latin American team, who has expanded its relationship and showcased its professionalism with this customer since implementing our PIDS solutions in late 2019. The new contracts for Symphony and FORTIS 4G engage Magal in a long-term commitment to provide critical support as the facility expands and improves the security standards for its residents.  This VIP residence is an excellent reference for Magal to leverage in this highly lucrative segment of the Latin American market and drive future growth."
 
About Magal Security Systems, LTD.
 
Magal is a leading international provider of comprehensive physical, video and access control security products and 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
 
This press release contains forward-looking statements, which are subject to 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 the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission. In addition, and as mentioned in this press release, there is uncertainty about the spread of the Coronavirus and the impact it will have on the Company’s operations, the demand for Company’s products, global supply chains and economic activity in general.
 
For more information:
 
Magal Security Systems Ltd.
Diane Hill, Assistant to the CEO
+972-3-539-1421
dianeh@magal-s3.com
www.magalsecurity.com
IR Contact:
Brett Maas
Managing Partner
Hayden IR
+1 646-536-7331
Brett@HaydenIR.com