WILMINGTON, MA--(Marketwire - Mar 14, 2013) - Implant Sciences Corporation (OTCQB: IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, today announced it has won a contract valued at approximately $585,000 for the sale of its Quantum Sniffer™ QS-H150 explosives trace detectors to a U.S. Government agency.
"Implant Sciences' products are capable of fulfilling counter-terrorism needs in a wide range of environments," noted Todd Swearingen, General Manager of the Americas for Implant Sciences. "The Company has recently received orders from a number of new U.S. Government customers, and we look forward to more in the coming months as our reputation for reliability, low total cost of ownership, ease of use, and precise detection continues to grow."
Darryl Jones, Implant Sciences' Vice President of Sales and Marketing, commented, "Our investment in sales and marketing infrastructure to serve the U.S. Government market is paying off, and we are now bidding for and winning contracts with U.S. Government agencies. The performance of our products under field conditions continues to open new opportunities with government decision makers. The recent TSA approval of the QS-B220 should only increase these opportunities."
About the Quantum Sniffer™ QS-B220 Desktop Explosives Trace Detector
The TSA approved Quantum Sniffer QS-B220 uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives, as well as drugs. With significantly lower maintenance requirements than competing systems, the QS-B220 can be deployed for a much lower total cost of ownership than other approved products. Featuring a radioactive material-free design, push-button maintenance and diagnostics, and internal automatic self-calibration, the QS-B220 brings new levels of performance and convenience to desktop trace detection users with unsurpassed ease of use.
About the Quantum Sniffer™ QS-H150 Handheld Explosives Trace Detector
The Quantum Sniffer QS-H150 utilizes Ion Mobility Spectrometry (IMS) technology, providing fast, accurate detection of trace amounts of a wide variety of military, commercial, and homemade explosives. Built with no radioactive materials and featuring a low-maintenance, self-calibrating, and self-clearing design, the QS-H150 provides very high levels of operational availability. The QS-H150 has been proven to perform well in a wide variety of temperatures and challenging environments, from humid jungles to dry, sand swept deserts.
Well...that's good news...but doesn't anybody find it strange that it was for the 150s as opposed to the 220? The non approved device got a fairly big sale. (With discounts, maybe about 20?) The last govt order was a mix....this one is just the 150s. Guess there is still alot of life left in them!
Just a guess but these could be for US Embassy Protection. Handheld makes sense there. If you remember we had a director at Implant that was asked to go back to take charge of Embassy protection at the State Dept after the Libya incident. The State Dept said it was taking measures to protect these employees after the incident. Couldn't hurt that John Kerry is now in control at the State Dept. now either. Could see a followup order on this if this is its use. Like I said just a guess.
The TSA seems fixated on the use of the benchtop now for more than just Cargo screening. As you can see with this order, when it comes to explosive detection money can be found to spend on this.
Sentiment: Strong Buy
Yes, must be more for an application where they are walking around looking for explosives in the field, is my guess. One hopes when they find an application that is more scanning things in a fixed location they will order the benchtop device. You are right though, the last order BEFORE approval from the US Gov't was a mix of 150's and 220's.
This statement from Todd Swearingen (who came to IMSC form Morpho and is now General Manager of the Americas" seemed significant: "The Company has recently received orders from a number of new U.S. Government customers, and we look forward to more in the coming months as our reputation for reliability, low total cost of ownership, ease of use, and precise detection continues to grow."
Sentiment: Strong Buy