Rapiscan Systems Receives $5 Million Order for Eagle Rail Inspection Scanner
August 26, 2010 Torrance, CA
Rapiscan Systems, a leader in advanced security screening solutions, today announced that it has been awarded a contract for approximately $5 million to provide a state of the art Eagle(R) Rail Inspection Scanner and associated construction and civil works to an Eastern European customer.
OSI Systems CEO (Rapiscan's parent company), Deepak Chopra, stated, "This most recent order from a key Eastern European customer demonstrates the continued high demand for Eagle transmission X-ray cargo and vehicle inspection systems. Our new and innovative approach to scanning rail cars shows our ability to continue advancing the state of our technology to further enhance our customers' inspection capabilities." Mr. Chopra continued: "We look forward to deploying this solution which will increase our customer's operational effectiveness."
Eagle(R) Cargo and Vehicle Inspection Systems
Rapiscan Systems' line of Eagle(R) cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 150 Eagle cargo and vehicle inspection systems have been deployed worldwide by customers including the US government, UK Customs, Abu Dhabi Customs and the European Union, among others.
About Rapiscan Systems
Rapiscan Systems, a division of OSI Systems, Inc. is a leading global supplier of security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and diffraction analysis. The company's products are sold into four market segments; Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening and People Screening. The company has an installed base globally of more than 70,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. The company was recognized for its market leadership with one of the United Kingdom's most prestigious distinctions The Queen's Awards for Enterprise and named by Frost & Sullivan as the 2008 North American Homeland Security Inspection and Screening Company of the Year. For more information on Rapiscan Systems, please visit www.rapiscansystems.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company's expectations, goals or intentions about the future, including the Company's contracts to provide solutions to the Security industry. The actual results may differ materially from those described in or implied by any forward-looking statement.
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