BILLERICA, Mass., April 1, 2015 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, today announced the receipt of an order for 200 MINI Z® handheld Z Backscatter® imaging systems for customers in China. The breakthrough MINI Z system—uniquely capable of real-time detection of organic threats and contraband concealed in bags, vehicles, and other hard-to-reach places—will enable federal, regional and local public safety officials to improve drug interdiction, law enforcement, event security, and other initiatives throughout the country.
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"China is one of our targeted growth areas and this order—the largest single MINI Z booking to date—confirms that we are making progress on our geographic expansion strategy," said Chuck Dougherty, AS&E's President and CEO. "The strong response to the MINI Z worldwide provides us with an ideal entry point for new markets and new customers. It also gives us the opportunity to introduce our innovative detection technology, including Z Backscatter, to a global audience that can now access and afford a highly effective, easy-to-use inspection solution that is ideal for detecting security threats wherever and whenever they occur."
MINI Z: The World's First Handheld Z Backscatter Imaging System
The MINI Z is the world's first handheld Z Backscatter imaging scanner for fast, portable, real-time detection of hidden drugs, explosives, and other organic threats and contraband. 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 unattended bags, packages, and difficult-to-reach locations such as car interiors and aircraft compartments. Introduced in June 2014, the system uses AS&E's signature Z Backscatter technology, an advanced X-ray imaging technology that produces a real-time image of the scan target, highlighting organic materials that transmission X-ray systems can miss, such as explosives, currency, and drugs. Easy to carry and use, the MINI Z all-in-one imaging system is ideal for a wide-range of applications, including border and security checkpoints, drug interdiction, public safety, event security, VIP security, maritime security and general aviation security. Experience the MINI Z system at www.meetminiz.com.
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 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.
