April 2017

Dynamatic Technologies Ltd. signed a cooperation agreement with Magal Security Systems Ltd. (Magal-S3") to Pursue Integrated Security Project(s) in India

On 6th April, 2017, Dynamatic Technologies signed a cooperation agreement with Magal Security Systems Ltd. This new cooperation aims to answer the Indian increasing market demand for high-end security products and solutions for critical infrastructure, among other, to provide combined integrated border management solutions (CIBMS) aimed to address the challenges in securing our borders.

Magal S3 has unique experience in perimeter security technolog ies and complex technological security projects, among other, defending Israel's borders, whilst Dynamatic Technologies has been a partner of Indian Defence and Security establishment for over 3 decades.

Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies commented. "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 Military establishments to prevent infiltration by terrorists. 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."

Saar Koursh, CEO of Magal-S3 commented, "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 position ing 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 sim ilar set of values, a factor that will most likely increase synergy and anticipated cooperation."

 

Mar 2017

Appointment of Chairman for National Institute of Design, Amravati 

Udayant Malhoutra has been appointed Chairman of the newly formed National Institute of Design, Amravati.

For more details:
http://www.thehindu.com/news/cities/Vijayawada/nids-amaravati-campus-construction-to-start-next-year/article17526205.ece