SOURCE: Princeton Security Technologies

July 12, 2011 10:57 ET

Princeton Security Technologies (OTCBB: PSGY) Ships First Commercially Available Gamma-Neutron Radiation Detection Solution

PRINCETON, NJ--(Marketwire - Jul 12, 2011) - Princeton Security Technologies, Inc. (OTCBB: PSGY), a leading developer of X-ray and Gamma-ray Detectors and Spectroscopy systems, serving a broad customer base in scientific research, industrial materials analysis, homeland security, has developed and supplied the first commercially available dual scintillator radiation monitoring package capable of detecting both gamma and neutron radiation energy.

Until now customers have relied on Helium-3 (He-3) for the detection of neutron radiation, but due to skyrocketing cost and purchasing restrictions an industry wide search and development for viable alternatives are sought. PGT has developed and delivered the first commercially available detector package consisting of sodium iodide (NaI) for gamma detection and Lithium (Li-6) for neutron monitoring. Neutron is an effective method of detecting fissionable nuclear materials, which is a major concern for Homeland Security and Nuclear Proliferation. The first delivery of this dual gamma-neutron detector was supplied within networked radiation detection Area Monitors, which are used in hospitals and for security surveillance.

"The new lithium detector configuration now provides a viable, cost effective alternative for our government customers requiring Neutron detection," states Alex Palm, Vice President of Marketing.

About Princeton Security Technologies Inc.:
Princeton Security Technologies, through its wholly owned subsidiary, Princeton Gamma-Tech Instruments, Inc (PGT), is a supplier of X-ray and Gamma-ray Detectors, Spectroscopy systems, Radiation Detection Area Monitors and Radioactive Radioisotope Identifier products. The Company serves a broad customer base in scientific research, industrial materials analysis, and Homeland Security. PGT has its headquarters with highly skilled R&D and manufacturing staff in its Princeton facility.

Further information regarding Princeton Security Technologies can be found at www.PGT.com and investor contact: investorrelations@pgt.com; Trupti Mehta (609) 924 7310

Contact Information

  • Trupti Mehta
    (609) 924 7310