Update to Previously Issued Release: AS&E's $24.6 Million Prime Contract for Integrated Detection Solution Will be Delivered to Abu Dhabi Customs to Secure Khalifa Port

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  • AS&E was selected by Abu Dhabi Customs as the security systems integrator to secure the new megaport of Khalifa, Abu Dhabi.
  • AS&E will work with key subcontractors, the ORTEC® Products Group of AMETEK Advanced Measurement Technology and Multi-Media Communications (MMC), to deliver an integrated detection solution.

BILLERICA, Mass., Dec. 17, 2012 (GLOBE NEWSWIRE) -- American Science and Engineering, Inc. ("AS&E") (Nasdaq:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced that Abu Dhabi Customs has selected AS&E as the security systems integrator to secure the new megaport of Khalifa, Abu Dhabi. Under the terms of the previously announced $24.6 million prime contract, AS&E will work with its key subcontractors, the ORTEC Products Group of AMETEK Advanced Measurement Technology and Multi-Media Communications (MMC), to deliver an integrated detection solution for multiple export and import cargo security lanes. The prime contract award was originally announced in a press release on December 12, 2012.

The detection solution will seamlessly integrate multiple technologies including AS&E's Sentry Portal high throughput cargo and vehicle screening systems, ORTEC's Detective-SPM (Spectroscopic Portal Monitors) and MMC's highly optimized lane camera and video management system. The integrated solution will scan cargo for manifest verification and radiological and explosive threats for overall port security. AS&E will also provide service, installation, and training for all equipment. This award follows a previous award in June 2012 for AS&E's OmniView Gantry and Z Portal® systems for Khalifa Port's security. The port commenced commercial operations on September 1, 2012.

"AS&E has put together a world-class team to implement the integrated detection solution for cargo security for Abu Dhabi Customs at the new flagship Khalifa megaport," said Anthony R. Fabiano, President and CEO of AS&E. "With this second award for Khalifa Port, Abu Dhabi Customs has again demonstrated their steadfast commitment to use leading-edge technologies to improve the quality and efficiency of their port logistics and security processes. We are very proud to deliver this comprehensive solution to our esteemed customer."

About Khalifa Port

The flagship Khalifa port will enable Abu Dhabi's continued international economic growth, expanding access to global markets. Featuring the latest in port security technology, this will be the first semi-automated port in the region and one of the biggest ports in the world, handling an initial capacity of 2.5 million TEU container traffic and 12 million tons of general cargo annually. In order to help protect the Ras Ghanada coral reef, Khalifa Port is being built on a reclaimed port island1.

About AS&E

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 AS&E's new website at www.as-e.com.

The American Science and Engineering, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12556

About Multi-Media Communications (MMC)

For over 40 years Multi-Media Communications (MMC) has been dedicated to providing communications systems and security products for industry, government, public safety and academic organizations. MMC has created specialized software to address the needs of Homeland Security and the Public safety sector. MMC has been a proud partner of the Motorola Service Organization for over 35 years. Together with that partner their advanced video experience provides a powerful combination. This combination includes access to highly trained technicians and field support personnel who have proven expertise in the full line of Motorola's sophisticated public safety products. MMC has manufactured Lane Camera Systems for several entry ports into the US. These systems allow better control and identification of potential threats within the cargo flow. MMC has also developed an optical character identifier to allow accurate control of vehicles using its MMCVision® software. With these tools MMC engineers are fully equipped to provide sophisticated solutions in the video analytics area and innovative products for Air and Sea Port management.

About the ORTEC® Products Group

For over 50 years, ORTEC, a unit of AMETEK Advanced Measurement Technology (AMT), has been an industry leader in the design and manufacture of precision nuclear detection instrumentation with expertise in high-purity Germanium (HPGe) detectors, signal processing electronics, and detection algorithms with over 500 hand-held radionuclide identifiers deployed worldwide. ORTEC has applied this experience and expertise to develop the Detective-SPM-16, a next generation "identification" spectroscopic portal monitor that integrates the use of the new HPGe IDM-200 modular detectors and Lithium-6 neutron detector with ORTEC's SNM detection algorithms. AMETEK AMT is a division of AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices with annual sales of more than $3 billion.

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.

1 "About Khalifa Port," Abu Dhabi Ports Company (ADPC), 1 September 2012, http://adpc.ae/en/article/ports/khalifa-port.html (accessed 5 September 2012).

CONTACT: Public Relations Contact: Dana Harris Red Javelin Communications, Inc. 978-440-8392 dana@redjavelin.com Laura Berman American Science and Engineering, Inc. 978-262-8700 lberman@as-e.com

Source:American Science and Engineering, Inc.