American Science and Engineering, Inc. Receives $4.5 Million Order for Z Portal and Gemini X-ray Systems to Secure Checkpoints at Middle Eastern University
Systems Will Be Used to Screen Cargo and Parcels at Science and Technology Center
BILLERICA, Mass., Oct. 1, 2013 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today that it has received a $4.5 million order for multiple Z Portal® multi-view cargo screening systems and Gemini® parcel inspection systems from ESE Co., a security system distributor in the region. The systems will be used to protect the science and technology center of a university in the Middle East.
"AS&E's inspection systems will play a critical role in securing a key facility on the campus of one of the most prestigious universities in the Middle East," said Chuck Dougherty, President and CEO of AS&E. "With the need for heightened security on campuses globally, our Z Portal and Gemini systems will protect students, faculty, and infrastructure by closely inspecting all cargo and parcels entering the campus for metallic and non-metallic threats and contraband."
Z Portal High-Throughput Cargo & Vehicle Screening System
The Z Portal system is the most comprehensive screening system available with multi-view, drive-through screening for left, right, and top-down imaging of cars, vans, trucks, and their cargo. The Z Portal system's patented Z Backscatter™ technology provides superior detection capability of explosives, drugs, stowaways, and other contraband. With its compact design, the Z Portal system is ideal for high-traffic locations with space constraints and a high-throughput requirement and is safe for drivers, operators, cargo, and the environment. The relocatable screening system is available in two sizes — one for large trucks, buses, and cargo vehicles, and a smaller size for passenger vehicles. Customers include the U.S. Department of Defense, U.S. Customs and Border Protection, Abu Dhabi Customs, and NATO.
Gemini Multi-Technology Parcel X-ray Inspection System
AS&E's ground-breaking Gemini systems provide the most comprehensive threat detection available for hand-carried items, mail, parcel, and baggage screening. Available in multiple tunnel sizes, the Gemini systems offer the unique capability to simultaneously detect both metallic and non-metallic threats—even in cluttered environments. The systems feature a combination of dual-energy transmission and Z Backscatter X-rays, two complementary, advanced, and commercially-proven technologies. The Gemini systems' dual-energy transmission X-rays generate a colorized, high-resolution image, easily detecting metallic threats - such as guns and knives - and fine details, including tiny wires which could indicate an IED. Dual-energy also provides organic and metallic discrimination in uncluttered environments. Gemini's Z Backscatter X-rays generate an image that provides enhanced detection of organic materials, such as explosives, drugs, and plastic weapons. Together, Gemini's two technologies provide the most information available about the contents of a parcel.
American Science and Engineering, Inc. (AS&E) is the trusted global provider of threat and contraband detection solutions for ports, borders, military, critical infrastructure, law enforcement, and aviation. With over 50 years of experience, AS&E offers proven, advanced, X-ray inspection systems to combat terrorism, drug smuggling, illegal immigration and trade fraud. AS&E systems are designed in a variety of configurations for cargo and vehicle inspection, parcel inspection, and personnel screening. Using a combination of technologies, these systems provide superior detection capabilities, with high-energy, dual-energy, and Z Backscatter™ X-rays. Learn more about AS&E products and technologies at www.as-e.com.
Safe Harbor 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. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions, delays or cancellations (in full or in part) in procurements of the Company's systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E's products; litigation seeking to restrict the use of intellectual property used by the Company; limitations under certain laws on the Company's ability to protect its own intellectual property; 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; the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth; technical problems and other delays that could impact new product development and the Company's ability to adapt to changes in technology and customer requirements; competitive pressures; lengthy sales cycles both in United States government procurement and procurement abroad; future delays in federal funding, the market price of the company's stock prevailing from time to time, the nature of other investment opportunities presented to the company from time to time, the company's cash flows from operations and market and general economic conditions. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E's periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time. Readers are further advised to review the "Risk Factors" set forth in the Company's most recent Form 10-Q and Form 10-K, which further detail and supplement the factors described in this Safe Harbor Statement. Among other disclosures, the Risk Factors disclose risks pertaining to that portion of the Company's business that is dependent on United States government contracting as well as international customers.
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Source: American Science and Engineering, Inc.