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Saudi Arabia Customs Inaugurates AS&E’s OmniView Gantry at King Abdul Aziz Seaport in Dammam

Dépèche transmise le 21 février 2012 par Business Wire

Saudi Arabia Customs Inaugurates AS&E’s OmniView Gantry at King Abdul Aziz Seaport in Dammam

DAMMAM, Saudi Arabia--(BUSINESS WIRE)--American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E), a leading worldwide supplier of innovative X-ray detection solutions, in conjunction with Al Zamil Group, a global leader in industrial, petrochemical, and service sectors, announced that Saudi Arabia Customs debuted AS&E’s OmniView^™ Gantry cargo and vehicle X-ray inspection system at King Abdul Aziz Seaport in Dammam, Saudi Arabia. The high-energy transmission X-ray system will inspect cargo entering the port for security threats and contraband. This is the first of several systems to be installed at port and land borders in Saudi Arabia. The system provides high penetration into inspected objects as it moves along rails over stationary vehicles and cargo.

“AS&E is very honored to join Dr. Hamad Al Qasoumi, Deputy Director General of Saudi Customs, and senior staff of Al Zamil Group, at the inauguration of Saudi Customs’ new OmniView Gantry X-ray inspection system at King Abdul Aziz Seaport”

“AS&E is very honored to join Dr. Hamad Al Qasoumi, Deputy Director General of Saudi Customs, and senior staff of Al Zamil Group, at the inauguration of Saudi Customs’ new OmniView Gantry X-ray inspection system at King Abdul Aziz Seaport,” said Anthony Fabiano, AS&E's President and CEO. “The system is the first of several OmniView systems that will be integrated into Saudi Arabia Customs’ total security protocol to secure their ports and land borders. The high-performance, high-energy OmniView Gantry cargo inspection system offers Saudi Arabian security officials best-in-class X-ray imaging in a unique, efficient design to secure their borders.”

“Saudi Arabia Customs is strongly committed to using leading edge technologies to improve the quality and efficiency of the port logistics and security processes,” said Dr. Hamad Al Qasoumi, Deputy Director General of Saudi Customs. “The deployment of AS&E’s OmniView Gantry and other specialized companies’ systems in the port comes as a complement to Saudi Customs’ projects for installation of X-ray scanners which began in 2005. These installations will lead to faster, safer, and more effective control of the thousands of containers in transit every year through the land and sea borders in Saudi Arabia.”

“The Al Zamil Group is committed to provide and maintain the best security solutions for the Kingdom of Saudi Arabia and Saudi Customs,” said Dr. Abdul Rahman Al Zamil, Chairman of Al Zamil Group. “We are very pleased to partner with AS&E to supply their unique technology to Saudi Arabia Customs to safely and efficiently scan containerized cargo.”

About AS&E

American Science and Engineering, Inc. (AS&E) is a 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 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, trade fraud, drug smuggling, weapon smuggling, 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), UK Border Agency (UKBA), 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, 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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