U.S. Department of Defense Adds Radioactive Threat Detection to Seven MobileSearch X-ray Inspection Systems Recently Ordered from AS&E.Business Editors/High-Tech Writers BILLERICA, Mass.--(BUSINESS WIRE)--May 20, 2003 U.S. DoD to Combat Nuclear Devices, Dirty Bombs at Military Bases American Science and Engineering, Inc. (AMEX AMEX See: American Stock Exchange :ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) announced today an order for $350,000 from the U.S. Department of Defense (DoD) to add 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 ) to the seven MobileSearch(TM) X-ray inspection systems ordered at the end of April. This order for RTD technology was placed under the blanket purchase agreement awarded to American Science and Engineering (AS&E(R)) in May 2002. The DoD plans to deploy the seven RTD-enhanced systems for military base and force protection. "With this additional order for RTD technology, the U.S. Government is addressing the risk of a terrorist attack that employs radioactive materials," said Ralph Sheridan, 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. and President. "Using three different technologies - 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. imaging, transmission X-ray, and RTD technology - AS&E developed a comprehensive tool for the detection of radiological threats while simultaneously producing X-ray images. RTD is highly sensitive to both gamma rays Gamma rays Electromagnetic radiation emitted from excited atomic nuclei as an integral part of the process whereby the nucleus rearranges itself into a state of lower excitation (that is, energy content). and neutrons - typically associated with dirty bomb materials (such as Cesium cesium (sē`zēəm) [Lat.,=bluish gray], a metallic chemical element; symbol Cs; at. no. 55; at. wt. 132.9054; m.p. 28.4°C;; b.p. 669.3°C;; sp. gr. 1.873 at 20°C;; valence +1. 137) or fissile fis·sile adj. 1. Possible to split. 2. Physics Fissionable, especially by neutrons of all energies. 3. Geology Easily split along close parallel planes. material such as weapon grade plutonium. Transmission X-ray inspection, simultaneously with radiation detection, reveals the presence of lead shielding which may be used to foil radiation sensors. At the same time, Z(R) Backscatter imaging highlights explosives that could propel radioactive isotopes into the atmosphere. The combination of these three technologies provides a high level of protection against the conveyance of a Weapon of Mass Destruction weapon of mass destruction (WMD) Weapon with the capacity to inflict death and destruction indiscriminately and on a massive scale. The term has been in currency since at least 1937, when it was used to describe massed formations of bomber aircraft. ." Radioactive Threat Detection is particularly important in light of the potential terrorist threat of explosives packaged with radioactive material that scatters upon deployment, commonly referred to as "dirty bombs." Dirty bombs could have serious health and economic implications on the population of a targeted area. MobileSearch X-ray inspection systems provide DoD officials with a highly effective means for detecting weapons, plastic explosives, illegal drugs and other organic and inorganic contraband - and now, radioactive threats. AS&E currently has 12 MobileSearch systems that will be equipped with RTD technology for both defense and port security applications. The RTD option can be built into new systems, or retrofitted into existing cargo systems. About AS&E(R) AS&E develops and manufactures sophisticated X-ray inspection products for critical detection and security applications. These systems are solving an expanding range of inspection problems including detecting car and truck bombs, combating weapons 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 , and imaging cargo to expose trade fraud and illegal immigration. AS&E's patented Z(R) Backscatter technology detects plastic explosives, illegal drugs, and other contraband, even when artfully concealed in complex backgrounds by terrorists and smugglers. AS&E's Shaped Energy(TM) X-ray inspection systems combine material discrimination features of Z(R) Backscatter imaging with the penetration capability of high-energy X-rays for dense cargoes. AS&E's High Energy Systems Division manufactures linear accelerators for a variety of applications including medical, scientific, security, electron beam curing and non-destructive testing. For more information on AS&E products and technologies, please visit AS&E's web site at http://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. There is no guarantee that the Company will receive additional orders under the blanket purchase agreement or, that the order described above will not be canceled. Additional 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 sole-source component incorporated into the 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. These and certain other factors which might cause actual results to differ materially from those projected are more fully set forth under the caption ``Forward-Looking Information and Factors Affecting Future Performance'' in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for fiscal year ending March 31, 2002. |
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