Order Includes the First Deployment of Sentry Portal Systems in the Middle East
American Science and Engineering, Inc. ("AS&E") (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today it has received an $8.8 million order for a combination of cargo and vehicle screening systems to secure critical infrastructure in the Middle East. This order includes the first deployment of Sentry™ Portal high-throughput, high-energy cargo inspection systems in the Middle East.
"With threat levels for critical infrastructure heightened around the world, securing vital assets has become imperative," said Anthony Fabiano, AS&E's President and CEO. "To meet the stringent detection requirement for our client, security officials will use AS&E's unique cargo inspection solutions to inspect all vehicles and trucks entering the high-threat facility. The combination of our advanced cargo products will give officials the most comprehensive, high-throughput X-ray inspection systems for both metallic and organic threat detection."
AS&E has a full range of cutting-edge, industry-proven cargo inspection solutions that are essential for the protection of critical infrastructure including facilities for government, national defense, electricity, telecommunications, transportation, water supplies, military, police, banking, hospitals, heating, agriculture, oil and gas refineries, and national monuments. With more than 50 years of experience providing X-ray technology, AS&E understands the challenges of protecting critical infrastructure. With critical infrastructure customers such as the U.S. Department of Defense (DoD) and U.S. Department of Homeland Security (DHS), AS&E's systems are deployed worldwide, helping large governments and corporations protect their vital assets.
About Sentry Portal System: High-Throughput, High-Penetration Drive-Through Cargo Inspection
AS&E's Sentry Portal system is an advanced, high-throughput, high-penetration drive-through cargo inspection solution that delivers a reliable means of detecting threatening materials, weapons, and contraband hidden in cargo containers, tankers, and large vehicles while maintaining the flow of commerce. The system is extremely safe for drivers, operators and cargo, and offers the unique combination of high-throughput capability with unsurpassed image quality. Using a high-energy transmission X-ray source, the Sentry Portal provides high-penetration into inspected objects — up to 300 mm (12 inches) of steel — and unsurpassed image quality, with a throughput of up to 150 trucks per hour. Sentry Portal offers a means of scanning a very high percentage of containers at high volume seaports, border crossings, and security checkpoints. The system features a compact footprint allowing for installation in areas with space constraints. Safety Assured: Employing technology to avoid scanning the cab of the truck, a robust container locating sub-system ensures safe drive through operation, so that the driver is never exposed to high-energy X-rays.
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 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, 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.
Contacts:
Public Relations Contact:
Red Javelin Communications, Inc.
Dana
Harris, 978-440-8392
dana@redjavelin.com
or
American
Science and Engineering, Inc.
Laura Berman, 978-262-8700
lberman@as-e.com
