Wednesday 25 July 2012

Implant Sciences wins contract to supply more explosives trace detectors to China

Massachusetts-based Implant Sciences Corp. (OTCQB:IMSC) announced Wednesday a contract to supply 11 additional explosives trace detectors to China for use by police departments and bomb squads.
Company shares increased 8.15 per cent to $1.46 Wednesday afternoon.
The supplier of security systems and sensors to the homeland security and defence markets reported the sale of 11 Quantum Sniffer QS-H150 handheld explosives trace detectors to China.
The sale was made through Implant Sciences' in-country distributor and service provider, Beijing Ritchie Link. Implant has been selling explosives trace detection equipment in China since 2005.
"With hundreds of systems deployed in a wide variety of security applications across the country, our products have a well-established reputation for quality and reliability," said the company’s vice president of sales and marketing, Darryl Jones.
"It's that reputation that helps the QS-H150 maintain its position as one of the top choices in the Chinese security market."
President and CEO, Glenn D. Bolduc, added: "Implant Sciences' goal is to maintain its leadership role in the region as the market continues to evolve and grow."
The company announced yesterday that it was featured in an ABC affiliate news segment Monday for its explosives detection machines, where the ABC affiliate WCVB described it as “a Wilmington company on the front lines of airport security.”
According to the report, which took a look at how the detection machine’s technology works, Implant’s machines could be used in US airports within months.
The company stated it has developed new technology that can detect ever changing threats from terrorists. Importantly, the devices do not use any radioactive materials.
In the report, Implant staff says they believe their equipment can detect the chemical commonly used in underwear bombs laced with explosives or even implanted body bombs.
Implant's machines are currently under review by the Transportation Safety Authority and could appear in US airports in the next year.
The full report can be viewed by visiting http://www.wcvb.com/news/local/boston-north/New-airport-security-screening-machines/-/11984708/15639900/-/ylvoh5z/-/index.html.
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.
Its QS-H150 portable explosives trace detector has received qualified anti-terrorism technology designation and the company's QS-B220 desktop explosives and drugs trace detector has received a developmental testing and evaluation designation by the US Department of Homeland Security.

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