Barringer Technologies awarded contract to develop passenger screening system for the FAA.NEW PROVIDENCE, N.J.--(BUSINESS WIRE)--Oct. 21, 1996--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 announced that its Barringer Instruments Inc. subsidiary was awarded a development contract from the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control (FAA) pursuant to the FAA's general research and development program to further develop a passenger screening system for deployment at U.S. airports. This $160,000 contract, which calls for the delivery of two prototype systems by Nov. 30, 1996, is the second phase of a program to design, develop and field test prototype screening systems. Barringer successfully completed the initial proof of concept phase earlier this year. The company has filed an application with the U.S. Patent Office in regards to certain proprietary aspects of the passenger screening system. Headquartered in New Providence, N.J., Barringer Technologies Inc. is a holding company that, through its subsidiaries, is principally engaged in the development, manufacture and marketing of specialty analytical instruments for drugs and explosives detection applications. CONTACT: Barringer Technologies Inc. Stanley Binder, 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. Richard S. Rosenfeld, CFO See Chief Financial Officer. 908/665-8200 |
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