BILLERICA, Mass., Sept. 18, 2014 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI) a leading worldwide supplier of innovative X-ray detection solutions, announced today that the Company's new MINI Z™ handheld Z Backscatter® screening system has been named an ASIS Accolades Award winner and selected for the best in show, "Judge's Choice" Award, from amongst all ASIS Accolades winners. ASIS Accolades is an awards competition that recognizes the security industry's most innovative new products, services, and/or solutions.
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ASIS Accolades recognized the first-of-its-kind MINI Z system, the world's only handheld Z Backscatter X-ray imaging system. The MINI Z system can be used by security and public safety officials "on the go" for fast, portable, real-time detection of concealed organic threats (e.g. explosives, composite guns, etc.), drugs, and other contraband in suspicious bags and hard-to-reach locations. To develop the MINI Z system, AS&E took the same Z Backscatter technology that made its ZBV® system the world's best-selling mobile cargo and vehicle inspection system and miniaturized it.
"We are very proud of ASIS Accolades' acknowledgement of the innovation and technology leadership that led to the development of the breakthrough MINI Z handheld imaging system," said Chuck Dougherty, AS&E's President and CEO. "The system's compact design and affordable cost is helping us expand the application reach of our signature Z Backscatter technology into new security markets, such as public safety and local law enforcement. For example, the MINI Z system's unique flexibility and imaging capability enabled local authorities to seize a large quantity of well concealed marijuana valued at more than $150,000 during a recent customer demonstration."
AS&E will be honored during the ASIS International 60th Annual Seminar and Exhibits event (ASIS 2014), where AS&E will demonstrate the MINI Z system in Booth 3337. More than 20,000 security, business, and government professionals from 80 countries are expected to attend ASIS 2014, scheduled for September 29–October 2 at the Georgia World Congress Center in Atlanta, Georgia.
MINI Z: The World's First Handheld Z Backscatter® Screening System
The MINI Z system is a portable, single-sided imaging system that can go anywhere—inside buildings, aircraft, watercraft, and other tight spaces—and be used to scan unattended bags and other objects in the hard-to-reach areas where other systems can't go. The system uses AS&E's signature Z Backscatter technology, an advanced X-ray imaging technology that detects and highlights the organic materials that transmission X-ray systems can miss, such as plastic guns, ceramic knives, explosives, and drugs. The MINI Z operator controls the scanning function using a simple, intuitive GUI on the system's dedicated tablet, which shows an image of the scanned target in real time—no set up required. Unlike density meters, trace detectors, and portable transmission X-ray systems, the MINI Z system produces an easy-to-interpret image to enable fast detection of organic threats and contraband behind non-metallic surfaces. Easy to carry and use, the MINI Z system is ideal for a wide-range of applications, including checkpoint, VIP, event, law enforcement, and airport and border security. Learn more at 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. 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.
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