Friday, 9 March 2012

Implant Sciences says senior VP of sales and marketing resigns

Implant Sciences (OTC:IMSC) reported after markets closed Thursday sales and marketing senior vice president, Bruce R. Bower, has resigned.
The high-tech supplier of systems and sensors for homeland security markets said Bower resigned on March 2.
Prior to his senior vice president of sales and marketing role, he also acted as strategic advisor to the company.
"As difficult as it is to accept Bruce's resignation, we completely understand and respect his decision to step away from Implant Sciences at this time,” chief executive Glenn D. Bolduc said in a statement.
"We will be forever thankful for the many contributions Bruce made to the company, including the hiring of our professional sales force, the development of our worldwide distribution channel, and the many disciplines he instilled in the company's sales and marketing process."
In a separate statement, the company also announced on Thursday it sold its QS-H150  portable explosives device to three more airports in China.
This marks the second recent order for aviation security in China. Last month, the company said it sold seven QS-H150 devices to an airport in China.
Both sales were made through Implant Sciences' Beijing-based distributor Jing An Lan Dun Sciences and Technology Co.
This followed new orders for the device from the Middle East and Japan.
Implant Sciences' systems are used by private companies and government agencies to screen baggage, cargo, vehicles, among other objects, and people for the detection of trace amounts of explosives.
The QS-H150 is a handheld explosives trace detector that rapidly detects trace amounts of a number of military, commercial, and homemade explosives. The QS-H150 uses no radioactive materials.
Implant's other main product, the Quantum Sniffer QS-B220, which was introduced in May 2011, is a trace detector that uses ion mobility spectrometry to identify a number of military, commercial and homemade explosives and narcotic substances.
The benchtop explosives and narcotics detector is suited for a number of security settings, including high-traffic airports, borders, and prisons.
In December, the QS-B220 device received CE Certification, an important step for generating sales in Europe, and in February, achieved ASTM E2520-07 certification.

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