BILLERICA, Mass., June 22, 2015 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today that Dr. Aaron Couture recently joined the Company as Chief Scientist. In this role, Dr. Couture will lead the Company’s R&D strategy and will help identify and drive strategic opportunities in new and existing markets for the Company’s growing portfolio of unique detection imaging solutions.
“AS&E has been a recognized innovator in detection technology for more than 50 years and Aaron’s knowledge and expertise will help us extend our innovation leadership in the years to come,” said Chuck Dougherty, President and CEO of AS&E. “Aaron will accelerate our strategic portfolio expansion efforts by identifying new technologies that solve our customers’ current detection problems as well as explore greenfield opportunities that create new, viable business opportunities for the Company. Leveraging his broad detection imaging expertise — which includes X-ray as well as other technologies — and entrepreneurial approach, Aaron will help grow our business by championing the development of AS&E technologies and products that extend our reach into new markets and geographies.”
Dr. Couture has more than 14 years of experience developing detection imaging platforms and modalities and holds a dozen patents, with several more pending. He joins AS&E from GE Global Research, where he served as Senior Scientist and Technical Project Lead, responsible for multi-disciplinary teams developing innovative detection solutions for security, industrial, and medical applications using X-ray, computed tomography (CT), and other technologies. Dr. Couture completed post-doctoral studies at Cornell University and has authored numerous scientific publications, primarily in the area of digital X-ray detectors. He earned a Ph.D. in physics from Cornell University and a B.S. in Electrical and Computer Engineering from the University of Wisconsin-Madison.
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.
Source:American Science & Engineering Inc