
| << Back |
| CLARIFICATION: MEDIA ALERT: American Science and Engineering, Inc. Issues Clarification to TSA Backscatter Pilot Information: Photos and Images |
BILLERICA, Mass., Dec 05, 2006 (BUSINESS WIRE) -- American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)) issues a clarification to media regarding the Transportation Security Administration (TSA) Backscatter Pilot information. Recent media reports contain images that misrepresent the recent news announcement, "American Science and Engineering, Inc. To Provide TSA with SmartCheck(TM) Personnel Screening System at U.S. International Airport", released on December 1, 2006. The press release can be found at: http://investor.as-e.com/ The unfiltered Z(R) Backscatter(TM) images that have been associated with the SmartCheck personnel screening system and the TSA Backscatter Pilot are an incorrect depiction of the SmartCheck system's images with privacy filtered software. The images widely distributed were taken in the 1990s and in 2003 with AS&E's previous generation system, and these images do not have the privacy software that will be used by TSA during the Pilot Program. The actual images can be found on www.as-e.com and www.tsa.gov. Following are the correct facts regarding the SmartCheck system and the TSA Backscatter Pilot Program:
About AS&E(R) American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection and screening systems. With more than 45 years of experience in developing advanced X-ray security systems, the Company's product line utilizes a variety of technologies, including patented Z(R) Backscatter(TM), Shaped Energy(TM) and Radioactive Threat Detection (RTD). These technologies offer superior detection of threats including explosives, plastic weapons, illegal drugs, other contraband, dirty bombs and nuclear devices. AS&E offers a complete range of X-ray inspection products including Z Backscatter screening systems, CargoSearch(TM), and ParcelSearch(TM) inspection systems, used for critical detection and security applications to combat terrorism, drug and weapon smuggling, trade fraud, and illegal immigration. AS&E customers include leading governmental agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security, U.S. Department of Defense, U.S. Customs and Border Protection, Royal Thai Police, HM Customs & Excise (U.K.) and Hong Kong Customs. For more information on AS&E products and technologies, please visit www.as-e.com. Safe Harbor Statement. The foregoing press release contains statements concerning AS&E's financial performance, markets and business operations that may be considered "forward-looking" under applicable securities laws. AS&E wishes to caution readers of this press release that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions or delays in procurements of the Company's systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E's products; litigation seeking to restrict the use of intellectual property used by the Company; potential product liability claims against the Company; global political trends and events which affect public perception of the threat presented by drugs, explosives and other contraband; global economic developments and the ability of governments and private organizations to fund purchases of the Company's products to address such threats; and the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth, and future delays in federal funding. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E's periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time. SOURCE: American Science and Engineering, Inc. Red Javelin Communications, Inc. |
| "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding American Science and Engineering's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year. |

