 FIMI Opportunity V, L.P and FIMI Israel Opportunity Five, Limited Partnership collectively FIMI, announced today that they have commenced a cash special tender offer to purchase 8,669,029 ordinary shares of Magal Security Systems Ltd. Magal Nasdaq: MAGS for 2.95 per share. If more than the maximum number of shares offered to be purchased in the tender offer are tendered, FIMI will purchase Magal shares on a pro rata basis. 