SOURCE: Implant Sciences Corporation
WILMINGTON, MA--(Marketwire - Aug 29, 2012) - Implant Sciences Corporation (OTCQB: IMSC) (PINKSHEETS: IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, today announced the sale of its Quantum Sniffer™ QS-B220 desktop explosives and drugs trace detector to a major European airport. The QS-B220, which was introduced last year, has been purchased by a growing number of corporations and governments. The QS-B220 is currently undergoing U.S. Transportation Security Administration (TSA) qualification testing for air cargo screening.
"Radiation concerns weigh heavily in the decision processes of European customers. Because our Quantum Sniffers do not use a radioactive source, they become a natural choice for European security equipment purchasers. Our desktop model's intuitive and easy-to-use interface is a strong competitive advantage for our product and proved to be a key factor in the purchase decision," stated Implant Sciences' Global Vice President of Sales and Marketing Darryl Jones.
In November of 2011, the European Union banned the use of X-ray technology for security screening purposes in European airports due to radiation risks and concerns.
"Aviation security was a primary target when we developed the QS-B220. We are excited by the attention we are receiving in this important market, and look forward to the continued growth of the list of countries where the system is deployed," added Implant Sciences' President and CEO, Glenn D. Bolduc.
About the Quantum Sniffer™ QS-B220
The QS-B220, introduced in May 2011, is a desktop explosives and narcotics trace detector that uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives, plus narcotic substances. The QS-B220 continues the Implant Sciences tradition of freedom from radioactive materials, low total cost of ownership, and high 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 and narcotics trace detection systems which ship to a growing number of locations domestically and internationally. Implant Sciences' QS-H150 portable explosives trace detector has received Qualified Anti-Terrorism Technology Designation and the Company's QS-B220 benchtop explosives and narcotics trace detector has received a Developmental Testing & Evaluation (DT&E) Designation 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 the Transportation Security Administration or by other U.S. or foreign government and 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; the risks that our markets are subject to technological change and that our success depends on our ability to develop and introduce new products; 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.