Barringer Technologies Launches New Walk-through Portal; Sentinel Screens Individuals for Illegal Trace Substances.Business Editors WARREN, N.J.--(BUSINESS WIRE)--Sept. 18, 2000 Barringer Technologies 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 : BARR BARR Board on Agriculture and Renewable Resources (Washington, DC, USA) BARR Bureau of Aeronautics Resident Representative ) today launched its new non-evasive walk-through chemical detection portal, the Sentinel. The Sentinel incorporates Barringer's existing IONSCAN(R) technology with Sandia National Laborites' sample collection and concentration techniques, which is exclusively licensed to Barringer. The Company expects initial shipments of the Sentinel to begin this year. Kenneth Wood, President of Barringer Technologies, said, "We believe the Sentinel will greatly enhance security at airports, government buildings and other high security sites. The new non-invasive process detects trace amounts of explosives, drugs or illegal contraband contraband, in international law, goods necessary or useful in the prosecution of war that a belligerent may lawfully seize from a neutral who is attempting to deliver them to the enemy. . The Sentinel can specifically identify the substance detected, aiding law enforcement and security personnel." The walk-through portal screens approximately seven people per minute and can detect trace particles or vapors of a full array of substances in addition to metal detection. The Sentinel's detection process is similar to walking through a metal detector detector: see particle detector. . As an individual proceeds through the portal, airflow gently dislodges particles. The trace particles are collected and analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. immediately within six seconds. "Barringer has set the performance standard for trace explosive and narcotic narcotic, any of a number of substances that have a depressant effect on the nervous system. The chief narcotic drugs are opium, its constituents morphine and codeine, and the morphine derivative heroin. See also drug addiction and drug abuse. detection with the IONSCAN(R) instrument line, currently in use at more than 70 US airports and hundreds of facilities in 58 countries," said Mr. Wood. "We are excited about the launch of this new product, which will prove to be instrumental in aiding security systems nationally and around the world." Sandia National Labs is a multi-program Department of Energy laboratory operated by Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corporation. With main facilities in Albuquerque, NM and Livermore, CA, Sandia has research and development programs contributing to national security, energy and environmental technologies, and economic competitiveness. Headquartered in Warren, New Jersey, Barringer Technologies Inc. is principally engaged in developing, manufacturing, and marketing of high technology products for drug and explosive detection Explosive detection is a non-destructive inspection process to determine whether a container contains explosive material. Explosive detection is commonly used at airports, ports and for border control. and other security and industrial applications. The Sabre 2000(R) and the IONSCAN(R) are the Company's proprietary trace particle drug and explosive detection units. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. When used in this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," the negative thereof and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views of the Company with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the following: general economic and political conditions, conditions in the markets for the Company's products, and risks associated with new product introductions such as: manufacturing delays, unexpected manufacturing costs, increased selling costs, failure to properly estimate demand, delays in market acceptance, increased warranty expenses, delays in the development of new applications, risks related to the Company's ability to successfully commercialize new applications and the timing thereof. Other factors may be described from time to time in the Company's public filings with the Securities and Exchange Commission, news releases and other communications. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date hereof or to reflect the occurrence of unanticipated events. |
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