SOURCE: Implant Sciences

Implant Sciences

October 13, 2010 13:05 ET

Implant Sciences Signs New Distributors in Europe and Africa

Continues Global Expansion of Distribution and Sales Channels

WILMINGTON, MA--(Marketwire - October 13, 2010) -  Implant Sciences Corporation (PINKSHEETS: IMSC) (OTCQB: IMSC), a high technology supplier of systems and sensors for homeland security markets, today announced the addition of three new distributors in Libya, Germany, and Greece. The company had recently announced sales and distribution growth in the BRIC countries (Brazil, Russia, India, China). The addition of these new distributors in Africa and Europe is part of Implant Sciences' strategy to establish itself as a leader in explosives trace detection in all geographic markets, across the world.

Implant Sciences has signed Al-Ishara Electronics Company in Libya, D-TeC System Consulting in Germany, and PANOU S.A. in Greece.

Glenn Bolduc, CEO of Implant Sciences, commented, "We are aggressively pursuing our global expansion strategy. The Quantum Sniffer™ offers the best in price and performance in explosives trace detection and we continue attract the top distributors in regional markets to expand our sales pipelines. We look forward to working with our new distributors in Europe and Africa."

Al-Ishara Electronics Company in Libya is specialized in the field of automation, safety and security, surveillance, and remote control systems. The company imports equipment from only the best security technology companies around the world. Al-Ishara provides sales and service to its regional clients through its team of 37 specialized engineers and technicians.

D-TeC System Consulting GmbH in Hamburg, Germany has 20 years of experience in the security and industrial X-Ray business. D-TeC provides a range of products and after-sales services for critical infrastructure, prison, airport, and port security.

PANOU S.A. is a leading Greece-based company in the field of advanced technologies and services with over 40 years experience in system design and installation. The company has implemented integrated security systems for Greek Security Forces including Police, Fire, Coast Guard, and the Greek Military Forces.

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

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
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    Investor Contact:
    Laurel Moody
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