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Technology Stocks : ASE: American Science & Engin. -- Ignore unavailable to you. Want to Upgrade?

To: D.Austin who wrote (1)	9/17/2001 10:58:18 AM
From: D.Austin	Read Replies (1) \| Respond to of 15

ASE products in demand-International Custom agencies are utilizing AS&E's non-intrusive cargo X-ray inspection systems to facilitate interdiction on their borders and seaports. as-e.com G'vments around the world employ AS&E's technology. as-e.com AS&E Announces Middle Eastern Country Selects Cargosearch Technology for Border and Port Security American Science & Engineering Press Release Contact: Lee Steele (978) 262-8700 BILLERICA, MA, June 6, 2000 - American Science & Engineering, Inc. (AMEX:ASE) announced today that a Middle Eastern Country has selected AS&E's CargoSearch™ technology for their border and port security. The order valued over $20 million is for three fixed-site CargoSearch X-ray systems and one MobileSearchä X-ray system. The MobileSearch system is expected to be delivered in October 2000. AS&E will receive revenues from this order during its current and next fiscal year. Ralph Sheridan, Chief Executive Officer and President, stated, "The selection of AS&E's CargoSearch systems is an example of this prestigious client's commitment to use technology to improve the effectiveness of their inspection protocols and secure their borders against potential terrorist threats and weapons smuggling. Historically, this Country's Government has played a strategic role in the Gulf as the host site for many Pan-Arab conferences. Their long standing commitment to security and the safety of Senior Government Officials attending these events is further evidenced by the selection of AS&E's technology for Cargo Inspection. We are very pleased to partner with them to achieve their security objectives." The MobileSearch and Fixed-Site CargoSearch Systems are part of AS&E's family of cargo and vehicle inspection systems. These systems are solving an expanding range of inspection problems including detecting car and truck bombs, combating weapons smuggling, and imaging cargo to expose trade fraud. AS&E has delivered more X-ray cargo inspection systems than anyone in the industry, and continues to be the leader in X-ray detection technology and applications. ----------------------------------------------- AS&E Announces Breakthrough in X-Ray Inspection Technology American Science & Engineering Press Release Contact: Ned Lewis or Holly Carlson: (978) 262-8700 BILLERICA, MA , July 9, 2001- American Science and Engineering, Inc. (AMEX:ASE) a leading developer and manufacturer of X-ray based inspection systems, announced a breakthrough product at the Office of National Drug Control Policy’s (ONDCP) 2001 International Technology Symposium held in San Diego 25-28 June. AS&E’s innovation combines the penetration capability of high energy X-rays with the photo-like quality and material discrimination features of AS&E’s patented X-ray Z®Backscatter imaging. This design utilizes the Shaped Energy™ approach (patent-pending) to reduce radiation to the cargo and surrounding areas, thereby maintaining an extremely safe radiation environment and a very small system footprint at congested ports. The new inspection system is ideally suited for inspection of densely loaded cargo containers at seaports and other high traffic environments. Prior to AS&E’s announcement, X-ray inspection systems using high energy sources were constrained by the requirements for large amounts of radiation shielding and exclusion zones to protect against the hazards of excessive radiation. To control the radiation, a large building, incorporating shielded doors at both ends, was required. AS&E’s innovative design incorporates a unique combination of X-ray sources. The high-energy source is spectrally “shaped” to provide the desired penetration, but without the excessive energy components that produce a higher level of radiation exposure. A separate, low energy, ultra low dose X-ray source ensures that image contrast is maintained, and that backscatter imagery is available for material discrimination and object identification. This design is protected by two patents and one additional patent pending. Ralph Sheridan, AS&E’s President and CEO, said: “The new Shaped Energy™ family of cargo inspection systems solves radiation and operational deployment problems that have plagued high energy systems used for dense cargoes. In listening to our clients, our proprietary design responds to their requirements for penetration of dense cargoes in combination with backscatter detection for rapid detection of organic contraband and trade fraud. More importantly, our existing clients will be able to add Shaped Energy capability through upgrade kits to their existing 18 fixed site and relocatable systems." AS&E develops and manufactures sophisticated X-ray inspection products for critical detection and security applications. AS&E’s patented Z®Backscatter technology detects plastic explosives, illegal drugs, and other contraband, even when artfully concealed in complex backgrounds by terrorists and smugglers. For more information on AS&E products and technologies, please visit the Company's web site at as-e.com.