Rapiscan Systems
X-Ray House
Bonehurst Road
Salfords
Surrey
RH1 5GG
United Kingdom
| Tel: | +44 (0) 870-7774301 |
| Fax: | +44 (0) 870-7774302 |
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Rapiscan Systems Receives First Order for Its New Multi-View X-Ray System for Hold (Checked) Baggage Screening Rapiscan Systems, a division of OSI Systems, Inc. (Nasdaq:OSIS - News) announced today that it had received its first order for the recently released Rapiscan MVXR5000 Inline Automated Hold Baggage Screening System ("HBS") for checked baggage. The order was part of an approximate $1 million contract the company received from an undisclosed international customer. The order also included multiple conventional X-ray baggage inspection systems and peripheral security devices. It is expected that the systems will be delivered and installed over the next three to six months. The market for HBS Systems traditionally has been shared between L3 Communications Holdings, Inc. and Smiths Heimann, a division of Smiths Group, PLC. Rapiscan Systems intends to market its newly released Rapiscan MVXR5000 to its established global aviation customer base both for replacement cycle business and also new installations. The company estimates that the aviation market for Inline HBS systems, outside of the U.S., is approximately several hundred systems over the next five years. President of Rapiscan Systems Ajay Mehra stated, "We are pleased today to announce our first order for the Rapiscan MVXR5000, our first product offering in the Inline Automated HBS market. This order highlights the company's ability to leverage its position as a global leader in the aviation security market to drive sales in the HBS market. We intend to continue leveraging this position and our installed base of aviation x-ray systems as we market the Rapiscan MVXR5000 globally." Rapiscan Systems had announced on December 12, 2005 that the Rapiscan MVXR5000 had been approved for use by the United Kingdom (UK) Department for Transport ("DfT"). The DfT designation allows Rapiscan Systems to sell the Rapiscan MVXR5000 system in the UK and international aviation markets. The system provides the operator with enhanced image and dual-energy X-ray images that enable automated explosives detection.
For more information contact: Rapiscan Systems X-Ray House Bonehurst Road Salfords Surrey RH1 5GG United Kingdom
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