BILLERICA, Mass., Nov. 19, 2015 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. (NASDAQ:ASEI) (“AS&E”), a leading worldwide supplier of innovative X-ray detection solutions, today announced that its MINI Z® handheld Z Backscatter® imaging system has received R&D Magazine’s prestigious 2015 R&D 100 Award as one of the 100 most technologically innovative products to be introduced over the past year. AS&E’s MINI Z system, designed for fast, portable, real-time detection of hidden drugs, explosives, and other organic threats and contraband, was selected as winner for the most innovative products introduced in 2015.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/32d09f9e-41f1-4c32-8195-7687e420ec31
“With four new products in the last 18 months, AS&E continues to fuel our innovation pipeline and expose a broader customer base to the capabilities and benefits of our unique detection technology,” said Chuck Dougherty, AS&E's President and CEO. “When developing the MINI Z, we took the same technology that made the ZBV® system the number-one selling mobile cargo and vehicle inspection system in the world and miniaturized it. We are proud that our MINI Z has been recognized by the R&D 100 as ‘the very best in technology innovation’ as it has proven to be an ideal solution for contraband, drug and currency interdiction for law enforcement, security, and customs applications. For example, the MINI Z system’s unique flexibility and imaging capability enabled authorities to seize over $2 million in currency and drugs during deployments and recent customer demonstrations.”
The award-winning MINI Z system is being featured this week at Milipol 2015 in Paris, France, in AS&E booth 5 G 106. Also featured at the show, which runs through November 20, are the recently released ZBV® with Tx-View™ and next generation Z Portal® multi-view screening system, for comprehensive detection of explosives, weapons, and other contraband.
MINI Z: Handheld Z Backscatter Imaging System
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 difficult-to-reach locations such as car interiors and aircraft compartments. The MINI Z system was also named a 2014 ASIS Accolades Award winner and Best of What's New Award for 2014 in Popular Science Magazine. Experience the MINI Z system at http://www.meetminiz.com/.
About the R&D 100 Awards
Widely recognized as the “Oscars of Invention,” the R&D 100 Awards identify and celebrate the top technology products of the year. Past winners have included sophisticated testing equipment, innovative new materials, chemistry breakthroughs, biomedical products, consumer items, and high-energy physics. The R&D 100 Awards spans industry, academia, and government-sponsored research.
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 preceding 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 that 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” outlined 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.
The photo is also available via AP PhotoExpress.
Source:American Science & Engineering Inc