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American Science and Engineering, Inc. Receives $8.6 Million Follow-on Order for Z Portal Screening Systems from Abu Dhabi Customs

Dépèche transmise le 9 juillet 2009 par Business Wire

American Science and Engineering, Inc. Receives $8.6 Million Follow-on Order for Z Portal Screening Systems from Abu Dhabi Customs

American Science and Engineering, Inc. Receives $8.6 Million Follow-on Order for Z Portal Screening Systems from Abu Dhabi Customs

BILLERICA, Mass.--(BUSINESS WIRE)--American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E®), a leader in X-ray detection technology, announced today it has received a $8.6 million follow-on order from Abu Dhabi Customs Administration for multiple Z Portal® X-ray screening systems. The Z Portal systems will be used to scan vehicles at a strategic border checkpoint in Abu Dhabi, the largest emirate of the United Arab Emirates. For maximum threat detection capability, the Z Portal systems will be configured with three Z Backscatter imaging modules for left, right, and top-down imaging of the vehicle.

“This follow-on order reflects Abu Dhabi Custom’s satisfaction with AS&E’s comprehensive security solutions,” said Anthony Fabiano, President and CEO. “With this new order, the government of Abu Dhabi and the Custom Directorate of its Finance Department will secure additional borders in their ongoing mission to protect its citizens, facilitate trade, and collect revenues. Their comprehensive plan is focused on providing minimum trade restrictions with maximum security, utilizing the best and latest technologies and practices worldwide. We are delighted to play such an important role in safeguarding Abu Dhabi’s ports and borders from smuggling, trade fraud, and other threats.”

AS&E’s Z Portal® Cargo & Vehicle Screening System: High-Throughput, Drive-Through Inspection

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. Z Portal’s patented Z Backscatter technology produces photo-like images for superior detection capability of plastic and liquid explosives, narcotics, plastics weapons, drugs, stowaways, and alcohol. 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 U.S. Department of Defense, U.S. Customs and Border Protection, and NATO.

About AS&E®

American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company’s product line utilizes a combination of technologies, including patented Z Backscatter technology, Radioactive Threat Detection (RTD), high-energy transmission and dual-energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E’s complete range of products include cargo inspection systems for port and border security, baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E systems protect high-threat facilities and help combat terrorism and trade fraud, drug smuggling, weapon smuggling, and illegal immigration and people smuggling. AS&E customers include leading government agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security (DHS), U.S. Department of Defense (DoD), U.S. Customs and Border Protection (CBP), North Atlantic Treaty Organization (NATO), HM Revenue & Customs (U.K.), Hong Kong Customs, and Abu Dhabi Customs. For more information on AS&E products and technologies, please visit 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 or delays 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; 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, and future delays in federal funding. 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.

Business Wire

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