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American Science and Engineering, Inc. Receives its First Order for a Z Portal Vehicle Screening System from Brazil

Dépèche transmise le 11 avril 2011 par Business Wire

American Science and Engineering, Inc. Receives its First Order for a Z Portal Vehicle Screening System from Brazil

BILLERICA, Mass.--(BUSINESS WIRE)--American Science and Engineering, Inc. (“AS&E”) (NASDAQ:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today that the Company has received its first Z Portal^® vehicle screening system order from Brazil. The state government of Rio de Janeiro will deploy the Z Portal system to safely and effectively screen cars and trucks to find contraband, including alcohol, tobacco, and other legal goods, that have been smuggled to evade duties.

“This first Z Portal system sold in Brazil will be an ideal security tool to assist state officials in collecting interstate tax revenue”

“This first Z Portal system sold in Brazil will be an ideal security tool to assist state officials in collecting interstate tax revenue,” said Anthony Fabiano, AS&E’s President and CEO. “The Z Portal system has been successfully used by border officials worldwide to perform rapid inspections of vehicles, as well as quick and reliable manifest and cargo verification, to find smuggled goods. With AS&E’s multi-view system, officials in the state of Rio de Janeiro will be able to deploy proven technology to effectively secure their state borders.”

AS&E will display its products, services, and technology at Latin America Aero Defense (LAAD), April 12-15, 2011 in Rio de Janeiro, Brazil in Stand P38.

About Z Portal System: Multi-view, High-throughput, Drive-through Detection Capability

AS&E's Z Portal system is a multi-view, drive-through screening system capable of scanning cars, vans, trucks, and their cargo for concealed threats and contraband. With its compact profile, the Z Portal system is ideal for high-traffic locations with space constraints and a high-throughput requirement. The Z Portal system is safe for drivers, operators, cargo, and the environment. The screening system is available in two sizes – one for large trucks, buses, and cargo vehicles, and a smaller size for passenger vehicles. Z Portal system customers include U.S. Department of Defense, U.S. Customs and Border Protection, Abu Dhabi Customs, and NATO.

Safety Assured: The Z Portal system’s low radiation dosage is safe for operators, drivers and the environment, and falls well within standards set by the National Council on Radiation Protection and the Nuclear Regulatory Commission (NRC). The Z Portal system conforms to ANSI N43.17: Radiation Safety for Personnel Security Screening Systems Using X-Rays. For a comparison, one scan of the Z Portal system is equivalent to flying about 1 minute at altitude (approximately 30,000 ft.) in an airplane.

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 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), 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; 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. Readers are further advised to review the “Risk Factors” set forth in the Company’s Annual Report on 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. As a contractor with the United States government, a significant number of the Company’s government contracts may be terminated at the government’s discretion.