27 Apr 2015
Rapiscan Systems Receives Certification for RTT® 80 Explosive Detection System
Rapiscan Systems, Inc., a leading global supplier of security inspection systems,today announced that its RTT® 80 (Real Time Tomography) explosives detection system (EDS) has achieved U.S. Transportation Security Laboratory certification for airport checked-baggage screening.
Deepak Chopra, CEO of Rapiscan’s parent company, OSI Systems commented, "We are pleased that RTT 80 has achieved this important regulatory milestone, meeting the rigorous performance standards required by the Department of Homeland Security. We believe RTT can deliver benefits to airports in terms of screening capacity, reliability, security and cost of ownership and we appreciate TSA's approval of this ground-breaking technology."
The RTT employs a proprietary, solid-state approach to provide high-resolution, 3-D imaging. Its unique design allows for high-speed inspection of hold baggage and air cargo, while also meeting recent threat detection standards. RTT has also passed the European Civil Aviation Conference's (ECAC) HBS EDS Standard 3 threat detection requirement and has been deployed by airports globally.
The company expects to submit its Rapiscan RTT® 110 explosives detection system for TSA certification testing in fiscal 2016. The RTT 110 employs the same underlying technology as the RTT 80, but offers a larger tunnel size, capable of screening larger items.
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 90,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. As the world's leading security screening provider, Rapiscan Systems provides state of the art products, solutions and services that meet our customers' most demanding threat detection needs --- while improving their operational efficiency. For more information, visit www.rapiscansystems.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company's current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company's control that may cause actual results to differ materially from those described in or implied by any forward-looking statements. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company makes no prediction regarding the outcome of any upcoming testing by the U.S. Transportation Security Laboratory or the U.S. Transportation Security Administration (TSA) of the RTT® 110 or plans, if any, by the TSA to procure hold baggage screening systems such as the RTT, now or in the future. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended June 30, 2014 and other risks described in documents filed by the Company from time to time with the Securities and Exchange Commission.