06.03.2008 12:00:00

Analogic & L-3 Expand Relationship to Include Two New Analogic Checked Baggage Screening Systems

Jim Green, President and Chief Executive Officer of Analogic Corporation (NASDAQ: ALOG), announced today that Analogic and L-3 Communications (NYSE: LLL) have concluded an agreement awarding L-3 exclusive, worldwide rights to market and service Analogic’s new KING COBRA® and XLB™1100 security imaging systems for air carrier checked baggage applications. Green said, "This agreement is an important step forward for both companies. L-3 has had exclusive rights to market and service Analogic’s EXACT™ (EXplosive Assessment Computed Tomography) system in air carrier checked baggage applications. The EXACT, able to image the contents of a bag in 3-D and automatically detect explosives, is the heart of L-3’s eXaminer 3DX® 6000 U.S. government-certified Explosives Detection System (EDS). The eXaminer 3DX is widely recognized as the leading EDS technology in the market with over 800 systems installed in North America, Europe, and Asia. The present agreement greatly expands and strengthens our relationship to further improve aviation security and will have important benefits as the European Union implements CT-based EDS systems over the coming years.” Tom Ripp, President of L-3’s Security and Detection Systems Division, added, "L-3 and Analogic have been working together successfully to make air travel safer for more than ten years. With this agreement, L-3 is now able to provide its customers with the broadest selection of advanced technology products available — the eXaminer 3DX, KING COBRA, and XLB1100 systems.” The KING COBRA system provides the most advanced technology to meet the requirements of small and medium-sized airports. Historically, these airports have relied on costly, labor-intensive Explosives Trace Detection (ETD) technology or hand searches to screen a comparatively low number of bags per hour. The KING COBRA, with real-time 3-D imaging and automatic explosives detection, can scan up to 300 bags per hour as a standalone system, or 400 bags when integrated into an automatic baggage handling system. The XLB1100 EDS, an advanced inline baggage screening system, addresses the rapidly growing needs of large, heavy-traffic airports that expect to see significant increases in passenger traffic as new, larger airplanes are introduced. Extending the limits of CT technology, the XLB (eXtra Large Bore) scans up to 1,100 bags per hour in a very-high-speed, inline EDS network, with real-time 3-D imaging and a reduced false-positive rate. The XLB is the first commercial application of Analogic’s revolutionary, patent pending PowerLink™ non-contact power system, which reduces downtime and maintenance costs for CT systems. Both the KING COBRA and the XLB1100 are in the certification process required for EDS systems by the U.S. Transportation Security Administration (TSA). Analogic expects both systems to be certified before the end of summer 2008, following which the TSA would initiate field testing. Peter Cempellin, Vice President and General Manager of Analogic’s Security Systems Division, added, "Analogic’s reputation as the technology leader in the aviation security industry will be enhanced as these new systems complete testing and come to market. With L-3’s large customer base and a worldwide sales and service organization, the two companies working together will be able to provide complete solutions to meet the unique checked baggage needs of small to large airports around the world.” Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to Original Equipment Manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Automatic Explosives Detection, Computed Tomography (CT), Digital Radiography (DR), Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring, and Advanced Signal Processing. For more information, visit www.analogic.com. Forward-Looking Statements Any statements in this press release about future expectations, plans, and prospects for Analogic Corporation (the "Company”), including statements about orders for the Company’s products, statements about shipments and installation of the Company’s products, and other statements containing the words "believes,” "anticipates,” "plans,” "expects,” and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including risks relating to technology development and commercialization, risks in product development, limited demand for the Company’s products, risks associated with competition, uncertainties associated with regulatory agency approvals, competitive pricing pressures, downturns in the economy, the risk of potential intellectual property litigation, and other factors discussed in our most recent quarterly report filed with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company’s views as of March 6, 2008. The Company anticipates that subsequent events and developments will cause the Company’s views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to March 6, 2008.

Nachrichten zu L-3 Communications Titan Corp.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu L-3 Communications Titan Corp.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!