FT, you have it wrong on INVN, they are much more than just that. Take some time & read releases & the web-site..
invision-tech.com
You can look up that security list, I own a few things on it, but my main bet is on the InVision horse.
This is a no joke company like some of the high-tech junkers were that had no real, workable product.
This is stuff that is in use everyday, probably having contributed in thousands of threat identifications that we never hear about.
EDS - InVision's CTX systems account for more than 90 percent of the FAA certified systems installed worldwide. InVision is continuing to expand its family of CTX systems with the introduction of a low cost CTX platform developed for the FAA's ARGUS program. In addition, the company is well positioned to increase its presence in Europe as the ECAC 2002 deadline for implementation of 100 percent hold baggage screening approaches. In the Middle East, the company is serving its most demanding customers, the state of Israel and El Al Airlines. The company believes that its market and product leadership, along with its ongoing investment in development, will assure its continued success in the EDS marketplace.
_____________________________________________________
Landmine detection technology - InVision's subsidiary, Quantum Magnetics, possesses what is considered to be the most promising landmine detection technology. Quantum has a multiyear contract with the U.S. Army to develop vehicle-mounted mine detection systems and a contract with the Office of Naval Research to develop backpack-mounted systems for the U.S. Marine Corps utilizing its patented Quadrupole Resonance (QR) technology. The company believes that this QR technology will prove to be an invaluable asset for our forces, and over time, will help to solve the problem of 60 million abandoned landmines scattered across three continents.
______________________________________________________
Key Strenghts of InVision
90 percent of the worldwide certified EDS market.
A family of EDS systems with the ARGUS systems for smaller airports scheduled for market introduction next year.
More than $40 million in government funding booked in 2000.
Future growth opportunities based on proprietary technologies.
Sufficient human and financial resources to perform.
______________________________________________________
QR-based aviation security - The landmine detection program is synergistic with Quantum's efforts in aviation security. Prime examples include Quantum's QScan® line of aviation scanners and other new explosive detection devices, a hand-held wand and a prototype walk-through portal to screen airline passengers for explosives.
_____________________________________________________
Concealed weapons detection - In 2000, Quantum engineered its passive and non-intrusive magnetic concealed weapons detection portal hardware into a manufacturable product and, as an OEM supplier, shipped a number of units. This technology combines high detection probability with a low rate of false alarms, which makes it attractive for screening large numbers of people at entrances to both secure facilities and public buildings.
_____________________________________________
Chemical and biological warfare - With support from the Chemical and Biological Defense Program of the U.S. Department of Defense, Quantum has recently demonstrated Quadrupole Resonance detection of a principal component of anthrax spores. Anthrax spores represent a major biological warfare threat.
It is a sure bet that they will get additional federal funding in quick order. This is intelectual property at it's best. Name one other company, other than MSFT with windows, that owns 90+% of any market? |
