Implant Sciences Corp. IMSCQ
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<p style="text-align: left;"><br /><span style="font-size: medium;">Implant Sciences develops, manufactures, and sells sophisticated sensors and systems for the Security, Safety, and Defense (SS&D) markets. The Company has developed proprietary technologies used in its commercial explosives trace detection systems that ship to a growing number of locations internationally. The Implant Sciences Quantum Sniffer™ QS-H150 has been granted “Designation” and QS-B220 has been granted “Development Testing and Evaluation Designation” by the U.S. Department of Homeland Security as Qualified Anti-Terrorism Technologies under the Support Anti-terrorism by Fostering Effective Technology Act of 2002 (the SAFETY Act).</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Financial Performance</span></strong><br /><span style="font-size: medium;">The Company has experienced growing momentum for its Quantum Sniffer ETD devices. FY2011 revenues were $6.7 million, a 92% increase over the previous fiscal year. Revenues for the past four quarters (through December 31, 2011) were $4.7 million.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">The Market</span></strong><br /><span style="font-size: medium;">Explosives Trace Detection (ETD) is a key segment within the SS&D markets associated with Homeland Defense efforts worldwide. Uses of ETD include transportation and aviation security, force protection and law enforcement, critical infrastructure protection, and public safety.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer Product Line</span></strong><br /><span style="font-size: medium;">Quantum Sniffers are available in either hand-held portable or bench-top configurations. All Implant Sciences products require minimal maintenance, are self-calibrating, and include no radioactive materials.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer QS-H150</span></strong><br /><span style="font-size: medium;">The QS-H150 is a hand-held trace detector that uses Ion Mobility Spectrometry to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives. The patented heated vortex gives the system the unique capability of performing simultaneous vapor and non-contact particulate detection. The QS-H150 is a portable, high-performance, low cost ETD product of which the Company has sold more than 1,300 units, totaling over $30 million in sales worldwide.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer QS-B220</span></strong><br /><span style="font-size: medium;">The recently launched QS-B220 bench-top explosives and narcotics detector has been designed to meet the needs of a variety of security applications, including the requirements of the TSA. It has one of the smallest footprints in the industry, making it ideal for crowded security checkpoints at airports and air cargo screening facilities. Able to detect a very wide variety of trace substances, including narcotics and explosives, it opens new market opportunities for Implant Sciences such as prisons and border crossings.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Intellectual Property</span></strong><br /><span style="font-size: medium;">Implant Sciences’ patent portfolio consists of a total of 12 security related patents issued with 5 others pending and 2 under license. They cover a broad range of methods including sample collection, analysis, and detection.</span></p>
<p style="text-align: left;"><span style="font-size: large;"><a rel="nofollow" href="http://implantsciences.com/index.html">http://implantsciences.com/index.html</a></span></p>
<p style="text-align: left;"><br /><span style="font-size: medium;">Implant Sciences develops, manufactures, and sells sophisticated sensors and systems for the Security, Safety, and Defense (SS&D) markets. The Company has developed proprietary technologies used in its commercial explosives trace detection systems that ship to a growing number of locations internationally. The Implant Sciences Quantum Sniffer™ QS-H150 has been granted “Designation” and QS-B220 has been granted “Development Testing and Evaluation Designation” by the U.S. Department of Homeland Security as Qualified Anti-Terrorism Technologies under the Support Anti-terrorism by Fostering Effective Technology Act of 2002 (the SAFETY Act).</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Financial Performance</span></strong><br /><span style="font-size: medium;">The Company has experienced growing momentum for its Quantum Sniffer ETD devices. FY2011 revenues were $6.7 million, a 92% increase over the previous fiscal year. Revenues for the past four quarters (through December 31, 2011) were $4.7 million.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">The Market</span></strong><br /><span style="font-size: medium;">Explosives Trace Detection (ETD) is a key segment within the SS&D markets associated with Homeland Defense efforts worldwide. Uses of ETD include transportation and aviation security, force protection and law enforcement, critical infrastructure protection, and public safety.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer Product Line</span></strong><br /><span style="font-size: medium;">Quantum Sniffers are available in either hand-held portable or bench-top configurations. All Implant Sciences products require minimal maintenance, are self-calibrating, and include no radioactive materials.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer QS-H150</span></strong><br /><span style="font-size: medium;">The QS-H150 is a hand-held trace detector that uses Ion Mobility Spectrometry to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives. The patented heated vortex gives the system the unique capability of performing simultaneous vapor and non-contact particulate detection. The QS-H150 is a portable, high-performance, low cost ETD product of which the Company has sold more than 1,300 units, totaling over $30 million in sales worldwide.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Quantum Sniffer QS-B220</span></strong><br /><span style="font-size: medium;">The recently launched QS-B220 bench-top explosives and narcotics detector has been designed to meet the needs of a variety of security applications, including the requirements of the TSA. It has one of the smallest footprints in the industry, making it ideal for crowded security checkpoints at airports and air cargo screening facilities. Able to detect a very wide variety of trace substances, including narcotics and explosives, it opens new market opportunities for Implant Sciences such as prisons and border crossings.</span></p>
<p style="text-align: left;"><br /><strong><span style="font-size: medium;">Intellectual Property</span></strong><br /><span style="font-size: medium;">Implant Sciences’ patent portfolio consists of a total of 12 security related patents issued with 5 others pending and 2 under license. They cover a broad range of methods including sample collection, analysis, and detection.</span></p>
<p style="text-align: left;"><span style="font-size: large;"><a rel="nofollow" href="http://implantsciences.com/index.html">http://implantsciences.com/index.html</a></span></p>
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