SOURCE: Implant Sciences

Implant Sciences

January 18, 2011 11:37 ET

Implant Sciences Expands Sales Channels; Adds Distributors in Indonesia and Romania

WILMINGTON, MA--(Marketwire - January 18, 2011) -  Implant Sciences Corporation (PINKSHEETS: IMSC) (OTCQB: IMSC), a high technology supplier of systems and sensors for homeland security markets, today announced the addition of two new distributors, further expanding the Company's reach into new markets.

In Romania, the Company has signed Business Plus, a firm that holds certificates of approval from the Romanian Ministry of Defense and the Romanian Civil Aviation Authority. Business Plus sells security equipment to the Ministry of Defense and the Department of Police and Law Enforcement in Romania.

In Indonesia, Implant Sciences has added PT. Delphi Utama, which serves clients through four offices throughout Indonesia. The firm sells security products to national ministries, governmental institutions, and the Indonesian police, as well as international institutions.

Glenn Bolduc, CEO of Implant Sciences, commented, "We are seeing continued success in attracting the top sellers and distributors of security equipment around the globe. Each distributor we sign supports our goal of aggressively growing our sales pipeline and revenues."

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. 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; liability claims related to our products or our handling of hazardous materials could damage our reputation and have a material adverse effect on our financial results; and other risks and uncertainties described in our filings with the Securities and Exchange Commission, including our 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
    978-752-1700
    Email Contact

    or

    Investor Contact:
    Laurel Moody
    646-810-0608
    Email Contact