American Science and Engineering Wins R&D 100 Award for MINI Z Portable Detection System as Top Innovation in 2015
November 19 2015 - 2:30PM
American Science and Engineering, Inc. (NASDAQ:ASEI) (“AS&E”),
a leading worldwide supplier of innovative X-ray detection
solutions, today announced that its MINI Z® handheld Z Backscatter®
imaging system has received R&D Magazine’s prestigious 2015
R&D 100 Award as one of the 100 most technologically innovative
products to be introduced over the past year. AS&E’s MINI Z
system, designed for fast, portable, real-time detection of hidden
drugs, explosives, and other organic threats and contraband, was
selected as winner for the most innovative products introduced in
2015.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/32d09f9e-41f1-4c32-8195-7687e420ec31
“With four new products in the last 18 months, AS&E
continues to fuel our innovation pipeline and expose a broader
customer base to the capabilities and benefits of our unique
detection technology,” said Chuck Dougherty, AS&E's President
and CEO. “When developing the MINI Z, we took the same technology
that made the ZBV® system the number-one selling mobile cargo
and vehicle inspection system in the world and miniaturized it. We
are proud that our MINI Z has been recognized by the R&D 100 as
‘the very best in technology innovation’ as it has proven to be an
ideal solution for contraband, drug and currency interdiction for
law enforcement, security, and customs applications. For example,
the MINI Z system’s unique flexibility and imaging capability
enabled authorities to seize over $2 million in currency and drugs
during deployments and recent customer demonstrations.”
The award-winning MINI Z system is being featured this week at
Milipol 2015 in Paris, France, in AS&E booth 5 G 106. Also
featured at the show, which runs through November 20, are the
recently released ZBV® with Tx-View™ and next generation Z Portal®
multi-view screening system, for comprehensive detection of
explosives, weapons, and other contraband.
MINI Z: Handheld Z Backscatter Imaging System The MINI Z
system enables law enforcement, public safety, and other security
professionals to scan in places other systems can't reach and
determine "on-the-go" if drugs, explosives, or other threats are
present in difficult-to-reach locations such as car interiors and
aircraft compartments. The MINI Z system was also named a 2014 ASIS
Accolades Award winner and Best of What's New Award for 2014
in Popular Science Magazine. Experience the MINI Z system
at http://www.meetminiz.com/.
About the R&D 100 AwardsWidely recognized as the “Oscars of
Invention,” the R&D 100 Awards identify and celebrate the top
technology products of the year. Past winners have included
sophisticated testing equipment, innovative new materials,
chemistry breakthroughs, biomedical products, consumer items, and
high-energy physics. The R&D 100 Awards spans industry,
academia, and government-sponsored research.
About AS&E
American Science and Engineering, Inc. (AS&E) is the trusted
global provider of threat and contraband detection solutions for
ports, borders, military, critical infrastructure, law enforcement,
and aviation. With over 50 years of experience, AS&E offers
proven, advanced, X-ray inspection systems to combat terrorism,
drug smuggling, illegal immigration, and trade fraud. AS&E
systems are designed in a variety of configurations for cargo and
vehicle inspection, parcel inspection, and personnel screening.
Using a combination of technologies, these systems provide superior
detection capabilities, with high-energy, dual-energy, and Z
Backscatter X-rays — pioneered by AS&E. Learn more about
AS&E products and technologies at www.as-e.com and follow us on
Twitter @ase_detects.
Safe Harbor Statement: The preceding 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
that 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” outlined 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.
The photo is also available via AP PhotoExpress.
Public Relations Contact:
Dana Harris
Red Javelin Communications, Inc.
978-440-8392
dana@redjavelin.com
Laura Berman
American Science and Engineering, Inc.
978-262-8700
lberman@as-e.com
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