American Science and Engineering, Inc. Receives Contract for the New OmniView(TM) Gantry Cargo and Vehicle Inspection System; DoD to Utilize Relocatable Multi-View System for Force Protection Applications.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 receipt of a $5.4 million phased contract from the U.S. Department of Defense (DoD) for its OmniView(TM) Gantry Gantry A name for the couch or table used in a CT scan. The patient lies on the gantry while it slides into the x-ray scanner portion. Mentioned in: Computed Tomography Scans Inspection System. The first phase of the contract is valued at $1.9 million. The relocatable OmniView System, the industry's most comprehensive cargo and vehicle inspection system for detecting security threats and contraband, will be deployed by the DoD for force protection applications. "We are proud to receive this order from the U.S. Military for the new OmniView Gantry System," said Anthony Fabiano, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This unique system is designed to give our customers an affordable, highly effective alternative to the conventional high-energy cargo inspection systems currently on the market. This multi-view, multi-technology product is the only relocatable system available today that combines high penetration X-ray inspection with multi-view, photo-like backscatter X-ray In contrast to the traditional X-ray machine, which detects hard and soft materials by the variation in transmission through the target, backscatter X-ray is a newer imaging system which detects the radiation which comes back from the target. imaging for unmatched detection capabilities. Security authorities can efficiently inspect even the most complex cargo, while maintaining the flow of commerce at facilities and checkpoint operations. We consider OmniView to be a superior product with excellent domestic and international potential for multiple market applications." Unmatched Detection Capabilities: OmniView Gantry Inspection System The OmniView(TM) Gantry System is the only multi-view relocatable system available today that combines 6 MeV high-energy transmission inspection plus three 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) X-ray views for left, right, and top-side imaging of cargo. The combination of technologies delivers the most reliable means of detecting contraband and threatening materials such as weapons and explosives hidden in cargo containers, tankers, and large vehicles. OmniView Gantry provides high penetration into inspected objects -- up to 14 inches (350 mm) of steel -- yet the system does not require an exterior building or heavy shielding. The OmniView Gantry System's scanning platform operates by moving on rails past stationary vehicles and cargo. The system is bi-directional allowing for a high throughput of approximately 2 trucks per scan, 24 trucks per hour. 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 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(R) 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 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 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion