SOURCE: Implant Sciences

Implant Sciences

January 26, 2011 07:05 ET

Implant Sciences Signs Three More Distributors in Spain, the Philippines and Indonesia

WILMINGTON, MA--(Marketwire - January 26, 2011) - Implant Sciences Corporation (PINKSHEETS: IMSC) (OTCQB: IMSC), a high technology supplier of systems and sensors for homeland security markets, today announced further additions to its growing slate of distributors worldwide. The Company continues to focus on channel development in support of its growing revenues.

Target Tecnologia S.A., based in Madrid, Spain, was founded in 1996 and sells a wide range of security and safety equipment, including explosives trace detection equipment as well as machines for detecting weapons and other illegal substances. Target Tecnologia serves the security and safety needs of government, utilities, and corporations.

In the Philippines, Facilities Protection Inc. has been in the homeland security business since 2000. The company supplies x-ray machines and explosives trace detection equipment to clients, including the Philippine Ports Authority, where over 40 sea ports are served by Facilities Protection equipment. The Presidential Security Group, which serves as the secret service to the president of the Philippines, and the Central Bank of the Philippines, are clients of Facilities Protection.

In Indonesia, PT. Pacific Aman Garda is a well-known supplier of high-tech military and security equipment to key customers, including Kopassus (Special Forces of the Indonesian Armed Forces), Paspampres (the Presidential Guard), Detachment Bravo'90 (Special Forces of the Indonesian Air Force), the EOD and CBRN Team of Indonesian Armed Forces, as well as the Indonesian National Police.

"We are very pleased to align ourselves with well-established distributors of safety and security equipment in these key markets of Europe and Southeast Asia. Channel development continues to be one of our prime initiatives that is successfully adding to our top line growth," stated Implant Sciences CEO, Glenn Bolduc.

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