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Technology Stocks : Invision(INVN)going which way? -- Ignore unavailable to you. Want to Upgrade?

To: Wolff who wrote (445)	12/18/2001 8:40:40 AM
From: Wolff	Read Replies (1) \| Respond to of 558

Friday's (2)QR160 unit Order to Navy vs 1999's (1)unit to the Navy Then: NEWARK, CA--(October 19, 1999)-- InVision Technologies, Inc. today announced that the U.S. Navy has purchased a QScan® 160 explosive detection system (EDS) from InVision's wholly owned subsidiary, Quantum Magnetics. The value of the order is $200,000. The Navy will deploy the system at an international location and will evaluate its performance as it scans mail for explosives. "This order is significant for several reasons," said Sergio Magistri, InVision's President and CEO. "It is the first sale of a QScan 160 system for mail screening applications and furthers our growth strategy of expanding the use of our technologies into new products and applications. It is the first use of any of our products in the military's 'Force Protection' program to increase the security and safety of our military and government personnel abroad. Moreover, it is InVision's first sale to the Navy and could lead to additional sales in the future." Now: NEWARK, Calif.--(BUSINESS WIRE)--Dec. 14, 2001--InVision Technologies, Inc. (Nasdaq:INVN - news) today announced the U.S. Navy has purchased two QScan QR160 explosives detection devices from the company's wholly owned subsidiary Quantum Magnetics, Inc. The explosives detection devices will be used for homeland defense. ``Quantum is pleased to supply these units to the U.S. Navy in their efforts to improve homeland security. The QScan QR160 device is very effective, capable of screening mail, packages, briefcases, and similar items for the presence of high-threat explosives,'' said Lowell Burnett, Ph.D., the President and Chief Executive Officer of Quantum Magnetics. Sergio Magistri, Ph.D., InVision’s President and Chief Executive Officer, said, “Quantum’s scientists took the QR technology and developed a product that is capable of detecting small quantities of concealed explosives with few false alarms. It is gratifying to see the QScan QR160 device added to the government’s arsenal against potential terrorist acts.”