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Gold/Mining/Energy : IDS Intelligent Detection Systems (ISD.TO)

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To: Michael Block who wrote (61)	7/26/1999 3:19:00 PM
From: Frank Ferrari	Read Replies (1) of 149

Here is a copy of today's release for anyone who didn't see it. Michael, any idea of the total value of the contracts and how many quarters they will apply to? Do these orders force any upward revisions in your earnings and revenue estimates or are they just business as usual? Power Control Systems Secures Additional Sales Orders Toronto, Ontario, July 26, 1999 IDS Intelligent Detection Inc. (ISD T) announced that it's Power Control Systems Division has been awarded several contracts in excess of $1.0 million. These orders include a repeat order from Korea for safety system instrumentation and several orders from Romania, Ontario Hydro, Korean Electric Power Corporation and Atomic Energy Canada Limited. A key order has been received from an U.S. based customer, to supply special high temperature connectors used in reactor containment buildings. The order was secured after extensive negotiations and "This order should lead to similar contracts where there is a requirement for this component", said Jay Sarkar Vice President and General Manager of the Power Control Systems Division. IDS is a dynamic developer, manufacturer and marketer of sophisticated detection devices and systems. The company operates through seven business units: Analytical and Security products and solutions; IDS Power Control System; Scintrex Earth Science Instrumentation; Survey and Exploration Technology Services; IEC and ChemiCorp International. Its more than 70 products range from drug and explosive detectors to nuclear safety control instruments, airborne and ground geophysical survey services, geophysical instrumentation for mineral, oil and gas exploration and developing technologies for industrial process control and point-of-care health analysis. IDS's Internet web site is located at: www.idsdetection.com

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