02.07.2008 13:34:00
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American Science and Engineering, Inc. Receives $55.1 Million Order from Abu Dhabi Customs
American Science and Engineering, Inc.
(NASDAQ: ASEI) (AS&E®),
a leader in X-ray detection technology, announced today that the Company
has received a $55.1 million contract from Abu Dhabi Customs. The
Customs Administration at Abu Dhabi, the largest emirate of the United
Arab Emirates, purchased multiple OmniView™,
Z Portal® and Z
Backscatter Van™ (ZBV™)
X-ray detection systems to scan cargo trucks, passenger vehicles, and
containers at strategic border checkpoints.
"We are very pleased to receive this
significant opportunity to work with the government of Abu Dhabi and the
Custom Directorate of its Finance Department,”
said Anthony Fabiano, President and CEO. "Abu
Dhabi Customs will utilize AS&E’s full
range of cargo inspection products to protect the emirate's borders and
citizens while facilitating trade and collecting revenues through
effective customs operations as per the directorate strategic
priorities. Each of AS&E’s proprietary
cargo inspection solutions are uniquely designed to provide superior
detection, while optimizing high-throughput and safety.”
Fabiano continued, "Our sales and marketing
organization has made outstanding progress introducing our proprietary
technologies globally and we are delighted to play such an important
role in safeguarding Abu Dhabi’s ports and
borders from smuggling, trade fraud, and terrorist threats.” AS&E’s Solutions for Abu Dhabi
Customs: The Patented Z Backscatter™
X-ray
The solutions purchased by Abu Dhabi Customs are each uniquely designed
to provide superior detection, while maximizing safety and
high-throughput. All leverage the Company’s
patented Z Backscatter X-ray technology — a
proprietary, industry-leading capability that reveals the threats that
competitive systems miss, including explosives, plastic weapons, and
drugs.
Z Backscatter technology produces photo-like images of the contents of a
container or vehicle, highlighting organic materials. Based on the X-ray
Compton Scattering effect, Z Backscatter technology works by detecting
and highlighting "low Z" materials (items that contain low atomic number
elements such as carbon, hydrogen, oxygen, and nitrogen). Z Backscatter
images display 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.
AS&E’s OmniView™
Gantry Cargo & Vehicle Inspection System: High Penetration into Dense
Cargo
The OmniView Gantry System provides 6 MeV high-energy transmission
inspection for high penetration into complex cargo and dense objects —
up to 14 inches (350 mm) of steel — yet the
system does not require an exterior building or heavy shielding. The
OmniView Gantry System's scanning platform operates by moving on rails
past stationary vehicles and cargo. The system is bi-directional
allowing for a high throughput of approximately 2 trucks per scan, 24
trucks per hour. Customers include NATO, U.S. Navy, and Port of
Charleston as part of a U.S. Department of Justice-sponsored program.
AS&E’s Z Portal®
Cargo & Vehicle Inspection System: High-Throughput,
Drive-Through Inspection
The Z Portal system is a multi-view, drive-through inspection system
capable of scanning cars, vans, trucks, and their cargo for concealed
threats and contraband. Z Portal produces photo-like images, and
highlights organic contraband, such as explosives, 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. The Z Portal system is safe for drivers, operators, cargo,
and the environment and can be configured with up to three Z Backscatter
imaging modules to provide a left, right, and top-down view of the
vehicles under examination. 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 and NATO.
AS&E’s Z Backscatter Van™ (ZBV™): The Most Maneuverable, Versatile Mobile X-ray Detection System on the
Market
A breakthrough in X-ray detection technology, AS&E's Z Backscatter Van
is the Number One selling non-intrusive mobile inspection system on the
market. ZBV is a low-cost, highly mobile screening system built into a
commercially available delivery van. The ZBV allows for immediate
deployment in response to security threats, and its high throughput
capability facilitates rapid inspections. The system’s
unique "drive-by”
capability allows one or two operators to conduct X-ray imaging while
the ZBV drives past suspect vehicles and objects. For personnel safety
in dangerous environments, a remote console is available for operating
the system in stationary mode from a distance of up to 500 meters.
About AS&E®
American Science and Engineering, Inc. (AS&E) is the leading worldwide
supplier of innovative X-ray inspection systems. With 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.) and Hong Kong Customs.
For more information on AS&E products and technologies, please visit www.as-e.com.
Contact: 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.
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