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American Science and Engineering, Inc. Announces First Order for Z Gantry Cargo and Vehicle Screening System

Dépèche transmise le 6 avril 2009 par Business Wire

American Science and Engineering, Inc. Announces First Order for Z Gantry Cargo and Vehicle Screening System

BILLERICA, Mass.--(BUSINESS WIRE)--American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E^®), a leading worldwide supplier of innovative X-ray detection solutions, announced today the first order for its new Z Gantry^™ multi-view Z Backscatter^™ cargo and vehicle screening system. The Z Gantry’s bi-directional scanning platform operates in a gantry configuration by moving on rails past stationary vehicles and cargo to produce Z Backscatter images from three sides — for left, right, and top-down screening. The system is ideal to inspect cargo and vehicles for stowaways, explosives, and other contraband.

“We are pleased to provide the DoD with the first Z Gantry screening system for base security,” said Anthony Fabiano, President and CEO. “With the introduction of the Z Gantry, we are expanding our cargo offerings with a new Z Backscatter product in a specialized configuration to offer comprehensive threat detection. The system’s proprietary Z Backscatter technology produces photo-like images from three sides of the cargo to provide the DoD with maximum inspection capability to secure their vital checkpoint. With broad applications for military facility and force protection, the Z Gantry can safely scan vehicles and cargo in real-time, resulting in rapid screening and threat analysis.”

Z Gantry: Multi-View Inspection in a Gantry Configuration

Z Gantry is a bi-directional, multi-view, Z Backscatter gantry system for screening cargo and vehicles. The system is designed to generate multiple clear, photo-like, images for superior detection capability. The Z Backscatter imaging modules offer comprehensive views of three sides of the object under inspection allowing for detection of suspicious items, security threats, illegal contraband, and stowaways. With its compact safety zone and profile, the Z Gantry is ideal for high-traffic locations with space constraints. The Z Gantry is extremely safe for operators, cargo, and the environment.

AS&E’s Patented Technology: Z Backscatter X-Rays

The Z Gantry employs AS&E’s patented Z Backscatter technology, which produces photo-like images of the contents of a container or vehicle, highlighting organic materials. Z Backscatter technology based on the X-ray Compton Scattering effect, works by detecting and highlighting “low Z” materials (items that contain low atomic number elements such as carbon, hydrogen, oxygen, and nitrogen). AS&E creates Z Backscatter images showing organic materials by directing a sweeping beam of X-rays at the object under examination, and then measuring and plotting the intensity of scattered X-rays as a function of the beam position. Proprietary Z Backscatter technology is ideal for organic material discrimination allowing inspection officials the ability to quickly and easily locate items such as drugs, explosives, cigarettes, alcohol and humans.

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.