Middle East Government Agency Awards American Science and Engineering, Inc. Order to Upgrade their ZBV Fleet with Tx-View for...
April 21 2016 - 4:00PM
American Science and Engineering, Inc.
(NASDAQ:ASEI) (“AS&E”) announced today the receipt of an
order from a Middle East government agency to upgrade seven of its
currently deployed ZBV® mobile cargo and vehicle inspection systems
with AS&E’s innovative Tx-View™ option. The Tx-View option
provides simultaneous dual-energy transmission imaging to
complement the ZBV system’s proven Z Backscatter® imaging for
enhanced detection of metallic threats. The ZBV systems with
Tx-View will be utilized in counterterrorism applications to secure
high-threat checkpoints, facilities, and high-profile events.
“The Tx-View option enhances the ZBV system’s detection
capabilities for vehicle-borne improvised explosive devices or
VBIEDs, weapons, and artillery shells, expanding the application
reach for military and counterterrorism applications,” said Chuck
Dougherty, AS&E’s President and CEO. “Tx-View – like the
CarView™ portal and the next generation Z Portal® system – is
another new, multi-technology offering that leverages our
innovative wavelength-shifting fiber (WSF) X-ray detector
technology to further differentiate AS&E in the security
detection market.”
ZBV with Tx-View: Dual-energy transmission option for
the ZBV system AS&E’s Tx-View option for ZBV
provides Customs and security officials with the lowest cost, most
versatile, multi- technology, mobile cargo and vehicle screening
system available today. Deployed quickly and easily, the Tx-View
option is completely self-contained in a trailer for storage and
transport. ZBV with Tx-View uses patented wavelength-shifting fiber
(WSF) X-ray detector technology to provide dual-energy transmission
imaging for material discrimination. WSF detector technology has
enabled the development of more powerful, efficient, compact, and
rugged AS&E X-ray systems. Watch a single operator set-up the
Tx-View.
ZBV: Proven detection results and an unmatched
reputation for reliability and effectivenessThe ZBV system
is the number-one selling cargo and vehicle screening system in the
world. With nearly 800 systems sold to date, AS&E’s ZBV system
is used by leading government agencies, border authorities, law
enforcement personnel, military organizations, and security
agencies in more than 65 countries. Since its introduction, the ZBV
system has consistently received the highest marks for quality,
reliability, performance, and safety with a proven record of
detection results.
About AS&EAmerican 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 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.
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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