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 February 2006 MAGAL SECURITY SYSTEMS LTD. (Name of Registrant) P.O. Box 70, Industrial Zone, Yahud 56100 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 [X] 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 [X] 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 Statements File Nos. 333-9050 and 333-123265 and Form S-8 Registration Statement File No. 333-06246. Magal Security Systems Ltd. 6-K Items 1. Press Release re Magal Security Systems, Ltd.: Fourth Quarter and Annual 2005 Results Release Scheduled for Wednesday, February 22nd, 2006 dated February 15, 2006. ITEM 1 Press Release Source: Magal Security Systems Ltd. Magal Security Systems, Ltd.: Fourth Quarter and Annual 2005 Results Release Scheduled for Wednesday, February 22nd, 2006 Wednesday February 15, 7:32 am ET Conference Call Scheduled for February 22nd, 2006 at 11am EST YAHUD, Israel, February 15 /PRNewswire-FirstCall/ -- Magal Security Systems (NASDAQ NM: MAGS, TASE: MAGS), announced that it will be releasing its fourth quarter and annual 2005 results on Wednesday, February 22nd, 2006, before the US market opens. The Company will also be hosting a conference call on the same day at 11:00am EST. On the call, Mr. Jacob Even-Ezra, Chairman of the Board & CEO, and Ms. Raya Asher, V.P. Finance & CFO, will review and discuss the fourth quarter and annual 2005 results and will be available to answer questions. To participate, you may call any one of the teleconferencing numbers that follows. Please place your calls at least 5-10 minutes before the conference call commences. If you are unable to connect using one of the toll-free numbers, please try the international dial-in number. US Dial-in Number: 1-866-860-9642 Canada Dial-in Number: 1-866-485-2399 ISRAEL Dial-in Number: 03-918-0610 INTERNATIONAL Dial-in Number: +972-3-918-0610 At: 11:00am Eastern Time 8:00am Pacific Time 6:00pm Israel Time The call will also be broadcast live on the web, and can be accessed through a link on Magal's website. A replay of the call will be available online for three months from the day after the call. Magal's website can be found at: www.magal-ssl.com. About Magal Security Systems Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. Magal also supplies Video Monitoring Services through Smart Interactive Systems, Inc., a subsidiary established in the U.S. in June 2001. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats. Israeli-based Magal has subsidiaries in the U.S., Canada, the U.K., Germany, Mexico, Romania and an office in China. Company Contact Investor Relations Contacts Raya Asher (mglraya@trendline.co.il) Ehud Helft (Ehud@gkir.com) Magal Security Systems Kenny Green (Kenny@gkir.com) +972-3-539-1433 GK International Investor Relations +1-866-704-6710 SIGNATURES 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/Jacob Even-Ezra ------------------ Jacob Even-Ezra Chairman of the Board and Chief Executive Officer Date: February 15, 2006