BILLERICA, Mass., Sept. 24, 2013 (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 has received orders for a total of ten ZBV® mobile screening systems. The orders were placed by customers in the Middle East, Asia, Europe, South America, and North America, who will use the ZBV cargo and vehicle screening systems for checkpoint security, high-threat facility security, law enforcement, and border security.
"We've worked hard to develop the opportunity pipeline for our ZBV platform — growing in key international regions and across application markets — and we're seeing the positive results," said Chuck Dougherty, AS&E's President and CEO. "We continue to gain new customers for our market-leading ZBV systems, reaching over 650 systems sold around the world. The ZBV system is an essential tool for rapid explosive and contraband detection and our global customer base is taking note of the detection results."
ZBV: The Number One Selling Cargo and Vehicle Inspection System in the World
Representing a breakthrough in X-ray detection technology, AS&E's ZBV system is the number one selling cargo and vehicle inspection system on the market, with more than 650 systems sold to 128 different customers in 59 countries. The ZBV system is a low-cost, highly mobile screening system built into a commercially available delivery van. It allows for immediate deployment in response to security threats, and its high throughput capability facilitates rapid inspections. The ZBV system employs leading-edge technologies covered by numerous patents, in-force and pending, around the world.
The ZBV system is used by government agencies, border authorities, military bases, law enforcement departments, and security agencies worldwide, including: U.S. Customs and Border Protection on multiple borders; Abu Dhabi Customs to safeguard borders; NATO Communications and Information Agency at military checkpoints; Bulgaria Customs to combat trade fraud on borders; Dutch Customs Administration to scan empty airplanes; the Kingdom of Saudi Arabia to protect a high-level facility; the Port of Venice to perform rapid inspections of suspect vehicles; Tunisian Customs to combat trade fraud; an Asian Port Authority to provide customs security; and the Democratic Republic of Congo to fight the illegal export of timber. The U.S. government has deployed hundreds of ZBV systems for homeland security and force protection applications to detect vehicle borne improvised explosive devices (VBIEDs), drugs, stowaways, and other contraband in war zones and military bases and at U.S. ports and borders.
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.
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.
Source:American Science and Engineering, Inc.