American Science and Engineering, Inc. Introduces Gemini Parcel Inspection System; First Order Received from the U.S. Government to Protect High-threat Facility.BILLERICA, Mass. -- American Science and Engineering, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ASEI ASEI American Society of Engineers of Indian Origin ASEI Australian Student Environment Network ASEI Application Service Element Invocation ) (AS&E(R)), a leader in X-ray detection technology, announced today the launch of Gemini(TM), the industry's most complete non-intrusive parcel inspection system for detecting security threats and contraband in parcels, baggage, and mail. Gemini enables security authorities to easily detect weapons, explosives, and drugs, and is ideal for use in high-threat government facilities, airports, and other security-sensitive areas. "With the introduction of Gemini, we are offering the most comprehensive, advanced contraband and threat detection system for parcels on the market today," said Robert Postle, AS&E's Vice President of Worldwide Marketing and Sales. "We are pleased to receive the initial order for Gemini from a U.S. Government agency to protect their high-threat facility. The combination of Z(R) Backscatter backscatter in radiology, radiation deflected by scattering processes at angles greater than 90 degrees to the original direction of the beam of radiation. Important in radiotherapy when estimating surface exposure dose. (TM) and dual-energy technologies provides security officials the most reliable means to detect threatening materials such as guns, IEDs, and plastic explosives -- an essential tool to protect facilities where superior detection is a requirement. This latest parcel product is the lowest cost multi-technology system available." Unique Combination of Dual-Energy and Z(R) Backscatter(TM) Gemini is the first conventional parcel inspection system on the market to combine dual-energy transmission and proprietary Z Backscatter X-rays, allowing operators to obtain the most information about the contents of a parcel. Operators simultaneously view two images, a Z Backscatter image and a dual-energy image, dramatically increasing the likelihood of finding illegal materials hidden in parcels. Dual-energy transmission provides outstanding image quality, and enables the quick detection of a wide variety of threats such as guns, knives, and wires for IEDs. In addition, dual-energy offers organic and metallic discrimination in uncluttered environments. AS&E's patented Z Backscatter technology provides exceptional detection of organic materials, such as explosives and narcotics narcotics n. 1) techinically, drugs which dull the senses. 2) a popular generic term for drugs which cannot be legally possessed, sold, or transported except for medicinal uses for which a physician or dentist's prescription is required. , which are easily missed by transmission-only systems in cluttered parcels. Z Backscatter's photo-like images are easy to interpret, thereby speeding analysis time and reducing operator fatigue. About AS&E(R) American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection and screening systems. With more than 45 years of experience in developing advanced X-ray security systems, the Company's product line utilizes a variety of technologies, including patented Z(R) Backscatter(TM), Shaped Energy(TM) and Radioactive Threat Detection (RTD RTD returned to duty (US DoD) RTD Rated RTD Ready to Drink RTD Richmond Times-Dispatch RTD Regional Transportation District RTD Research, Technological Development RTD Research and Technology Development RTD Real-Time Data ). These technologies offer superior detection of threats including plastic explosives, plastic weapons, illegal drugs, other contraband, dirty bombs and nuclear devices. AS&E offers a complete range of X-ray inspection products including Z Backscatter screening systems, CargoSearch(TM), and ParcelSearch(TM) inspection systems, used for critical detection and security applications to combat terrorism, drug and weapon smuggling smuggling, illegal transport across state or national boundaries of goods or persons liable to customs or to prohibition. Smuggling has been carried on in nearly all nations and has occasionally been adopted as an instrument of national policy, as by Great Britain , trade fraud, and illegal immigration "Illegal alien" and "Illegal aliens" redirect here. For other uses, see Illegal aliens (disambiguation). Illegal immigration refers to immigration across national borders in a way that violates the immigration laws of the destination country. . AS&E customers include leading governmental agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , U.S. Department of Defense, U.S. Customs and Border Protection U.S. Customs and Border Protection (CBP), a bureau of the United States Department of Homeland Security, is charged with regulating and facilitating international trade, collecting import duties, and enforcing U.S. trade laws. , Royal Thai Police The Royal Thai Police (Thai: สำนักงานตำรวจแห่งชาติ) is the federal police force of Thailand. , HM Customs & Excise (U.K.) and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Customs. For more information on AS&E products and technologies, please visit www.as-e.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement. The foregoing press release contains statements concerning AS&E's financial performance, markets and business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets that may be considered "forward-looking" under applicable securities laws. AS&E wishes to caution readers of this press release that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions or delays in procurements of the Company's systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E's products; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. seeking to restrict the use of intellectual property used by the Company; potential product liability claims against the Company; global political trends and events which affect public perception of the threat presented by drugs, explosives and other contraband; global economic developments and the ability of governments and private organizations to fund purchases of the Company's products to address such threats; and the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth, and future delays in federal funding. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E's periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time. |
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