SOURCE: Implant Sciences

Implant Sciences

September 09, 2010 11:44 ET

Implant Sciences Announces New Distributor in Nigeria

Signing Establishes Presence in Africa's Third Largest Economy

WILMINGTON, MA--(Marketwire - September 9, 2010) - Implant Sciences Corporation (PINKSHEETS: IMSC), a high technology supplier of systems and sensors for the homeland security and defense markets, today announced the signing of Security World Nigeria Ltd. in Lagos, Nigeria as a distribution partner. Nigeria is the third largest economy in Africa with an estimated GDP of $353 billion. Security World Nigeria is a leading distributor of security systems in Nigeria and currently services all four major international airports in the country.

"Since the failed attack by the Christmas Day Bomber, there has been increased focus on security in Nigeria. Implant Sciences is very pleased to have a new partner in this important country," stated Glenn Bolduc, CEO of Implant Sciences.

"Earlier this year Implant Sciences set in motion a strategy to increase the company's market presence internationally. This signing, the first of what we expect to be many new partners, comes as a direct result of that initiative," added Bruce Bower, Senior Vice President of Implant Sciences.

About the Quantum Sniffer QS-H150

The QS-H150 Quantum Sniffer is a hand-held explosive trace detector that uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, improvised, and homemade explosives. The QS-H150 features a low-maintenance design that is self-calibrating and self-clearing, providing very high levels of operational availability.

About Implant Sciences

Implant Sciences develops, manufactures and sells sophisticated sensors and systems for Security, Safety, and Defense (SS&D) markets. The Company has developed proprietary technologies used in its commercial explosive trace detection systems which ship to a growing number of locations domestically and internationally. Implant Science's QS-H150 Portable Explosives Detector has been Designated as Qualified Anti-Terrorism Technology by the U.S. Department of Homeland Security under the Support Anti-terrorism by Fostering Effective Technology Act of 2002 (the SAFETY Act). For further details on the Company and its products, please visit the Company's website at www.implantsciences.com

Safe Harbor Statement

This press release may contain certain "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to risks and uncertainties that could cause the Company's actual results to differ materially from the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risks that our explosives detection products and technologies (including any new products we may develop) may not be accepted by governments or by other law enforcement agencies or commercial consumers of security products; economic, political and other risks associated with international sales and operations could adversely affect our sales; our business is subject to intense competition and rapid technological change; and other risks and uncertainties described in our filings with the Securities and Exchange Commission, including its most recent Forms 10-K, 10-Q and 8-K. Such statements are based on management's current expectations and assumptions which could differ materially from the forward-looking statements.

Contact Information

  • Contact:
    Implant Sciences Corporation
    Company Contact:
    Glenn Bolduc
    CEO
    +1-978-752-1700
    Email Contact
    or
    Investor Contact:
    Laurel Moody
    +1-646-810-0608
    Email Contact

    Emma Didigu
    Security World Nigeria Ltd.
    2, Maduagwu Moronu Street, S/L
    Lagos, Nigeria
    +234-803-5973469
    Email Contact