LONDON, Nov. 14, 2012 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI) a leading worldwide supplier of innovative X-ray detection solutions, announced today that it will present and exhibit its cargo and parcel inspection solutions at Transport Security Expo & Conference 2012 held in London from November 14 – 15. The presentation will explore common customer inspection challenges and different approaches to meet unique security requirements. To find out more about Transport Security Expo, visit AS&E's newly redesigned corporate website at www.as-e.com.
AS&E's presentation, titled "Finding the Most Effective Non-Intrusive X-ray Solutions for Cargo and Vehicle Screening that Meet Real-World Operational Challenges," will be held on Thursday, November 15th at 10:55 a.m. GMT during the Freight & Cargo Security Workshop. The presentation will include case studies and real world implementations.
AS&E will also demonstrate its multi-technology Gemini™ parcel X-ray inspection system and the technology for its cargo inspection systems at Stand E26.
AS&E's new multi-lingual corporate website is designed to greatly enhance the user experience with streamlined navigation, expanded product information, mobile optimization, an extensive image gallery, a ticker with actual seizure data, and a technology resource center. The newly redesigned Investor Relations section has added functionality for our investors such as an investment calculator, dividend history, and historic stock lookup.
AS&E Solutions for Cargo and Vehicle Screening
With a proven track record and best-in-class technology, AS&E cargo systems are available in mobile, drive-through portal, or gantry configurations, including options for harsh environments, deployments in remote locations, and high-throughput systems for congested areas. AS&E cargo and vehicle screening systems help customers effectively inspect cars, vans, trucks, and cargo containers for threats and contraband.
Gemini: Unique Multi-Technology Parcel Inspection Systems
Gemini is a multi-technology X-ray parcel and baggage inspection system, which combines AS&E's Z Backscatter™ technology with dual-energy transmission for superior threat detection. AS&E's Z Backscatter technology provides enhanced detection of organic materials, such as explosives (including sheet and liquid explosives), drugs, and plastic weapons, which are easily missed by transmission-only systems in cluttered parcels. Z Backscatter technology's photo-like images are easy to interpret, thereby speeding analysis time, decreasing bags flagged for secondary screening, and reducing operator fatigue. Dual-energy transmission provides outstanding image quality, and enables the quick detection of a wide variety of threats such as guns, knives, and wires for Improvised Explosive Devices (IEDS). In addition, dual-energy offers organic and metallic discrimination.
About Transport Security Expo & Conference 2012
Transport Security Expo brings together the world's leading experts from government, military, law enforcement and security services face to face with the aviation, maritime and public transport industries, to assess the threat level, examine the countermeasures in place and, where necessary, recommend alternate strategies to deal with these threats.
American Science and Engineering, Inc. (AS&E) is a leading worldwide supplier of innovative X-ray inspection systems. With over 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, trade fraud, drug smuggling, weapon smuggling, 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), UK Border Agency (UKBA), Hong Kong Customs, Abu Dhabi Customs, and Saudi Arabia Customs. For more information on AS&E products and technologies, please visit www.as-e.com.
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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.