Melbourne, Australia (BUSINESS WIRE) - Rapiscan Systems, Inc., a global leading vertically-integrated provider of security scanning technologies for critical applications, announced today that Rapiscan Australia Pty Ltd, has received contracts totaling approximately $4 million from six regional Australian airports for its Rapiscan MVXR5000 Inline Automated Hold Baggage Screening Systems ("HBS").
The systems are to be installed at regional airports across Australia including Newcastle in NSW, Avalon and Mildura in VIC, Mackay in QLD and Derby and Kununurra in WA by 1 December 2008. The contract awards are the result of an Australian Federal Government mandate in May 2007 for select regional airports to provide 100 percent inspection of checked baggage by December 2008.
The Rapiscan MVXR5000 is designed for the aviation industry for the inspection of checked baggage and has been deployed successfully in airports worldwide. The system provides automated explosives detection with low false alarm rates by utilising multi-view dual-energy X-ray to produce high quality images. The systems can be integrated into existing baggage conveyor infrastructures operating at speeds up to 1,800 bags per hour. The high throughput and automatic detection is coupled with the systems' advanced network capabilities to allow near-real time suspicious bag analysis to be completed by a networked group of remote operators. Images?are?then transmitted to the manual inspection stations as a search aid.
The Rapiscan MVXR5000 has multiple layers of network redundancy designed to ensure the highest levels of system availability and fail-safe operation for the most demanding aviation security environments.
About Rapiscan Systems Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of high quality security inspection solutions utilising 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 50,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. 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 deploy hold baggage screening systems to regional airports within Australia.The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, the timing, and delivery of the hold baggage screening systems may not ultimately remain in line with the company's current expectations.Other important factors are set forth in the Securities and Exchange Commission filings OSI Systems, Inc. All forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
Rapiscan Systems Australia Pty LtdKate Hamilton, +61 3 9929
4601 Commercial Directorkhamilton@rapiscansystems.com
The systems are to be installed at regional airports across Australia including Newcastle in NSW, Avalon and Mildura in VIC, Mackay in QLD and Derby and Kununurra in WA by 1 December 2008. The contract awards are the result of an Australian Federal Government mandate in May 2007 for select regional airports to provide 100 percent inspection of checked baggage by December 2008.
The Rapiscan MVXR5000 is designed for the aviation industry for the inspection of checked baggage and has been deployed successfully in airports worldwide. The system provides automated explosives detection with low false alarm rates by utilising multi-view dual-energy X-ray to produce high quality images. The systems can be integrated into existing baggage conveyor infrastructures operating at speeds up to 1,800 bags per hour. The high throughput and automatic detection is coupled with the systems' advanced network capabilities to allow near-real time suspicious bag analysis to be completed by a networked group of remote operators. Images?are?then transmitted to the manual inspection stations as a search aid.
The Rapiscan MVXR5000 has multiple layers of network redundancy designed to ensure the highest levels of system availability and fail-safe operation for the most demanding aviation security environments.
About Rapiscan Systems Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of high quality security inspection solutions utilising 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 50,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. 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 deploy hold baggage screening systems to regional airports within Australia.The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, the timing, and delivery of the hold baggage screening systems may not ultimately remain in line with the company's current expectations.Other important factors are set forth in the Securities and Exchange Commission filings OSI Systems, Inc. All forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
Rapiscan Systems Australia Pty LtdKate Hamilton, +61 3 9929
4601 Commercial Directorkhamilton@rapiscansystems.com
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