Gemini Systems In-Use at 2008 Beijing Olympics to Safeguard Checkpoints
American Science and Engineering, Inc. - Aug 6, 2008
BILLERICA, Mass.—Aug 6, 2008--American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E®), a leader in X-ray detection technology, said today that fifteen Gemini Parcel Inspection Systems are securing key checkpoints at the 2008 Beijing Olympic Games.
"We are very proud to be selected to support security efforts for the Beijing 2008 Olympic Games," said Anthony Fabiano, President and CEO. "At this important global event, Beijing's Olympic officials will safeguard the world's greatest athletes and event attendees with the only proven multi-technology X-ray system. AS&E's unique Gemini system has two imaging systems in one machine -- dual-energy transmission for metallic detection plus proprietary Z Backscatter technology for enhanced organic detection. Together, they are providing Olympic officials with a safe, reliable, and comprehensive means of detecting explosive threats and contraband in parcels at strategic checkpoints."
About Gemini™
Gemini is the first conventional parcel inspection system on the market to combine dual-energy transmission and proprietary Z Backscatter™ X-rays, allowing operators to obtain the most information about the contents of a parcel. Operators simultaneously view two images, a Z Backscatter image and a dual-energy image, dramatically increasing the likelihood of finding illegal materials hidden in parcels. Gemini's unique capability to detect both metallic and non-metallic threats -- even in cluttered environments -- makes it an invaluable inspection tool for security officials.
About AS&E®
American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 45 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), Royal Thai Police, HM Revenue & Customs (U.K.), 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 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.
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
SOURCE: American Science and Engineering, Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding American Science and Engineering's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
