|Exchange:||NASDAQ national market|
|Stock:||American Science & Engineering, Inc.|
|American Science and Engineering, Inc., a Massachusetts corporation formed in 1958. The Company develops, manufactures, markets, and sells X-ray inspection and other detection products for homeland security, force protection and other critical defense and security applications. It provides maintenance, warranty, research, engineering, and training services related to these products. It manufactures sophisticated X-ray inspection products that could be used to inspect parcels, baggage, vehicles, pallets, cargo containers, and people. The Company sells its products to a variety of customers, including, authorities responsible for port and border security; customs agencies, military organizations; critical infrastructure and high threat commercial and government facilities, aviation security agencies and law enforcement agencies. Its products are used by these customers to help combat terrorism, trade fraud, drug trafficking, weapons smuggling, and illegal immigration. The Company’s products are also used for military force protection and general facility security. Its X-ray imaging products utilize several technologies including traditional transmission X-ray technology, dual-energy transmission X-ray technology, high-energy transmission X-ray technology, Forwardscatter X-ray technology, its proprietary Z Backscatter X-ray technology and Radioactive Threat Detection. The Company’s products and services are grouped into five different areas: CargoSearch Inspection Systems, Mobile Cargo Inspection Systems, Parcel and Personnel Screening Inspection Systems, Custom Products and Service and Support. The Cargo Inspection family of systems includes non-intrusive inspection systems which are mainly used for the screening of trucks, cars, cargo containers, pallets, and air cargo at locations including border crossings, seaports, military bases, airports, and cargo and transportation hubs. The Cargo Inspection systems are designed to combat trade fraud, drug trafficking, weapons smuggling, and terrorism. It includes OmniView™ Gantry System, Z Portal® System and Sentry® Portal System. Mobile Cargo Inspection Systems include Z Backscatter Van , a mobile X-ray screening system built into a commercially available chassis and ZBV Military Trailer, a rugged X-ray screening system built onto a standard 5-ton military trailer. Parcel Inspection systems are designed for the non-intrusive X-ray scanning of parcels, baggage, and mail. These systems are mainly located in government facilities, airports, commercial office buildings, high-security federal facilities and convention centers. Gemini® , is a parcel and baggage inspection system that combines AS&E’s Z Backscatter technology with dual-energy transmission X-ray to provide enhanced detection for a range of threats. SmartCheck® System, is a personnel screening system for the effective screening for contraband and threats hidden under a person’s clothing. The Company engages in contracts for the development of custom products mainly for agencies of the U.S. government to develop systems that meet their unique scanning needs. It also supports a range of complex and demanding programs through its network of Field Service Engineers and Technical Support Team. Its customer base consists of government and commercial clients. The Company has many competitors in the homeland security X-ray detection market, including several large and well-established manufacturers of security equipment.|
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