Analogic Corporation Receives $36 Million Order for Its EXplosive Assessment Computed Tomography Systems.PEABODY, Mass. -- Analogic Corporation (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 : ALOG) announced today that the Company has received a $36 million order for its EXplosive Assessment Computed Tomography (EXACT(TM)) Systems from L-3 Communications' (NYSE NYSE See: New York Stock Exchange : LLL LLL abbr. left lower lobe (of the lung) ) subsidiary, L-3 Communications Security and Detection Systems, Inc. Shipments under this order will begin in October 2005 and continue through November 2006. The EXACT is the heart of L-3's eXaminer 3DX(R) 6000 and eXaminer 3DX(R) 6500, certified Explosives Detection Systems (EDSs) that have been purchased by the U.S. Transportation Security Administration (TSA TSA See tax-sheltered annuity (TSA). ) and installed at major airports across the U.S. The L-3 systems are also installed at a number of leading international airports such as Israel's Ben Gurion Airport, Singapore's Changi Airport, and Italy's Fiumicino and Ciampino airports. "We are very pleased to receive this additional order from L-3 Communications," said Analogic 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. John Wood. "This is the fourth major order we've received from L-3 in the past fourteen months, reflecting a continued demand in the United States and a growing demand internationally." Last month the TSA placed an order with L-3 to support in-line explosives detection systems under construction at a number of U.S. airports. South Korea's Incheon International Airport Incheon International Airport (IIA) (IATA: ICN, ICAO: RKSI) (Hangul|인천국제공항)/ (Hanja:仁川國際空港) is the largest airport in South Korea, and one of the largest in Asia. and Japan's Tokyo-Narita International Airport also placed significant orders recently. "The increased demand reflects the growing recognition that the eXaminer incorporates the most advanced security imaging technology available today," Wood said. Analogic's delivery of systems under preceding orders has been accelerated to meet demand. Shipments for the most recent order were originally scheduled through January 2006, but will now be completed in October 2005. The new order will be completed in November 2006. Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to Original Equipment Manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Computed Tomography (CT), Digital Radiography (DR), Ultrasound, Magnetic Resonance Imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI), Patient Monitoring, Cardiovascular Information Management, and Embedded Multiprocessing. |
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