Implant Sciences Receives U.S. Patent Office ''Notice of Allowance'' for Explosives Detector Cyclone Air Sampling Technology.WAKEFIELD, Mass. -- Implant Sciences Corporation (AMEX AMEX See: American Stock Exchange : "IMC (Internet Mail Consortium, Santa Cruz, CA, www.imc.org) An industry trade association founded in 1996 by Paul Hoffman and Dave Crocker that promotes Internet e-mail standards and features. ", "IMX IMX In My eXperience IMX Interactive Music Exchange (TV show) IMX Integrated Multimedia Exchange IMX Industrywide Mortgage Exchange IMX Intermodal Marketing Extension IMX Inverse Multiplexor .WS") a developer and manufacturer of products for national security, medicine and industry, announces that on October 5, 2004, the Company received a "notice of allowance" from the U.S. Patent Office for its cyclone air sampling technology (the, "Cyclone Technology") used in its Quantum Sniffer(TM) ("QS(TM)") explosives detection devices. The Cyclone Technology is an integral part of the Company's present portable hand-held and bench-top explosives detection devices; and will be an integral component of new products under development, such as a passenger portal and a shoe bomb Noun 1. shoe bomb - an explosive device concealed inside the heel and sole of a shoe explosive device - device that bursts with sudden violence from internal energy detector. The notice of allowance indicates that the Company has fulfilled all requirements for the issuance of a new patent entitled, "Cyclone Sampling Nozzle for an Ion Mobility Spectrometer An ion mobility spectrometer (IMS) is a spectrometer capable of detecting and identifying very low concentrations of chemicals based upon the differential migration of gas phase ions through a homogeneous electric field. ," expected to be issued in the next two to three months. The Company's proprietary Cyclone Technology provides for a cyclonic flow outward from the explosives detector nozzle that develops a cylindrical "wall" of air allowing the device to sample explosives from a specific point, thereby preventing extraneous air from diluting the sample. The Cyclone Technology, in connection with the ability to detect explosives "vapors" as opposed to "particles", result in one of the many features that differentiates the Company's trace explosives detection technology from key competitors like GE Ion Track and Smiths Detection. In the past several months, GE Ion Track and Smiths Detection have announced field trials of the GE EntryScan3 and Smiths Detection Sentinel II walk-through explosives detector portal in select U.S. airports. The technology employed by both GE Ion Track and Smiths Detection, based on publicly available information, requires the passing or "puffing" of air across a person's clothing or body to release "particles" that can then be evaluated for explosives content. In contrast, Implant Sciences' proprietary QS(TM) technology is, to the best of managements' knowledge, the only technology which detects pure vapors of explosives. In layman's terms, the QS(TM) technology is closest to replicating the "sniffing" ability of dogs. The pending issuance of a patent on the Company's Cyclone Technology further strengthens the Company's technological position in the detection of trace explosives. As of this date, the Company is not aware of any significant orders of either the GE EntryScan3 or Smiths Detection Sentinel II for wide-spread commercial use in the U.S. airports. Although an internal development program for a passenger portal is underway, the Company will also be submitting a proposal for a government grant to supplement this development using the technology in this patent. The Company believes that its cyclone sampling system coupled with its enhanced sensitivity Laser IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. detector will make a passenger portal with superior capabilities. Dr. Anthony J. Armini, 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. of Implant Sciences Corporation, stated, "It has always been our belief that our Quantum Sniffer technology is unique and clearly differentiated from our competitions' technology in the methodology, sensitivity, and efficiency of detection. The addition of the pending patent on our Cyclone Technology further strengthens our proprietary position." Dr. Armini further stated, "We believe we continue to prove time and time again the unique capabilities of our development team to introduce novel technology addressing the commercial needs of a very large security market. With the successful introduction of our Quantum Sniffer(TM) at the recent AVSEC AVSEC Aviation Security conference, we are now quoting potential customers, outside of military agency customers, to obtain orders for our first generation of 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. equipment." About Implant Sciences Implant Sciences, incorporated in 1984, is using its core ion technology to develop, manufacture and market products for national security, medicine, and industry. Under development are portable and bench-top trace element detection devices to identify explosives, 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. and other toxic materials. The Company has also received government grants from the US Army, Navy and Air Force, and the Transportation Security Administration to adapt the Company's explosive detection technology to a wide number of security requirements. Using its proprietary ion implantation Ion implantation A process that utilizes accelerated ions to penetrate a solid surface. The implanted ions can be used to modify the surface composition, structure, or property of the solid material. and thin film coating technologies, Implant Sciences has a sophisticated production line that modifies the surface characteristics of orthopedic joint implants to reduce polyethylene wear, thereby substantially increasing the life of the implants. The Company also manufactures and markets radioactive and non-radioactive products for medical use, including radioactive seeds for treating prostate cancer prostate cancer, cancer originating in the prostate gland. Prostate cancer is the leading malignancy in men in the United States and is second only to lung cancer as a cause of cancer death in men. that are distributed throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. by its own direct sales force. In parallel with the production of these seeds, it is also developing additional brachytherapy products for the treatment of breast, eye, and other cancers. This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," "should," or similar expressions. These statements are made pursuant to the 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. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, the ability of the Company to develop effective new products and receive governmental approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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