Defense Play in Motion - WTC Reaction Message Board

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Technology Stocks : Defense Play in Motion - WTC Reaction

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To: Yeoman2 who wrote (140)	10/4/2001 9:38:25 AM
From: Bucky Katt	Read Replies (1) of 225

InVision said today it has received an order valued at approximately $9.3 million for its CTX 9000DSi Explosive Detection Systems (EDS) for installation at Malpensa Airport in Milan, Italy. This new contract represents the company's first order from Italy. Revenues from the order will be recorded over several quarters, beginning with the fourth quarter of 2001. The customer is Societa Esercizi Aeroportuali SpA, the corporation responsible for managing Milan's two airports. ``Milan's Malpensa Airport is a major international gateway to Italy and Europe. We are proud to serve this prestigious customer with our CTX systems, which will be integrated into the baggage handling systems, providing a highly automated security system,'' said Sergio Magistri, president and chief executive officer of InVision. ``This order is clear testimony to Italy's and the European Community's strong commitment to aviation security and to the deadline for implementing the ECAC regulations -- which call for 100 percent screening of all checked baggage,'' he added.

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