IMATRON INVISION Airport Scanner May Take on Greater Significance...
Paul:
With the TWA tragedy fresh in everyone's mind... Here is some info I found about Imatron's relationship with Invision...
Jim ....................
INVISION TECHNOLOGIES, INC.
In 1990 the Company established a joint venture company, InVision Technologies, Inc. (formerly Imatron Industrial Products, Inc.), with FI.M.A.I. Holding S.A. ("FI.M.A.I."), a shareholder of Imatron, to develop, manufacture, market and support advanced CT technology in the baggage, parcel and freight scanning market. Upon organization, Imatron contributed $250,000, certain parts, components and material and entered into a Technology License Agreement.
The Technology License Agreement between the Company, FI.M.A.I. and InVision Technologies, Inc. ("InVision") grants InVision an exclusive, worldwide, perpetual and fully-paid license to use the Company's technology and patents for the development, manufacture, use, and sale of compact medical scanner products for military field applications, and mail, freight, parcel or baggage scanner products. Also, InVision has agreed to grant back to Imatron an exclusive, worldwide, perpetual and fully-paid right and license to use InVision's technology and patents outside of InVision's field of use. |