Analogic Enters Into New Long-Term Supply Agreement With L-3 Security & Detection Systems
PEABODY, Mass., Jan. 11, 2012 (GLOBE NEWSWIRE) -- Analogic Corporation (ALOG), enabling the world's medical imaging and aviation security technology, today announced that it has entered into a new long-term, exclusive purchase and supply agreement with L-3 Security and Detection Systems in connection with the industry-leading TSA-certified eXaminer® SX, eXaminer 3DX, and eXaminer XLB threat-detection systems for checked-baggage screening. Under the agreement, Analogic will also provide engineering services related to system improvements and upgrades. The agreement runs through the year 2023.
Jim Green, Analogic's president and CEO, said, "We are pleased to extend and reconfirm our relationship with L-3 for the world-class eXaminer family of certified threat-detection systems, providing a best-in-class portfolio of products addressing the reduced-size, medium-speed, and high-speed product tiers. This new long-term agreement reflects Analogic's position as a leading OEM supplier in the global aviation security market."
For more than a decade, Analogic has been developing state-of-the-art threat-detection systems and subsystems with advanced multi-slice CT technology for airports around the world. Analogic's CT-based technology is established as the industry standard for certified threat detection, with over 1000 eXaminer systems installed worldwide. The eXaminer family of systems is designed to meet the needs of a wide spectrum of customers, from the smallest regional airports to the largest international hubs.
Analogic provides leading-edge healthcare and security technology solutions to advance the practice of medicine and save lives. We are recognized around the world for advanced imaging systems and technology that enable computed tomography (CT), ultrasound, digital mammography, and magnetic resonance imaging (MRI), as well as automated threat detection for aviation security. Our CT, MRI, digital mammography, and ultrasound transducer products are sold to original equipment manufacturers (OEMs), providing state-of-the-art capability and enabling them to enter new markets and expand their existing market presence. Our market-leading BK Medical branded ultrasound systems, used in procedure-driven markets such as urology, guided surgery, and anesthesia, are sold to clinical end users through our direct sales force. For over 40 years we've enabled customers to thrive, improving the health and ensuring the safety of people around the world. Analogic is headquartered just north of Boston, Massachusetts. For more information, visit www.analogic.com .
Analogic is a registered trademark of Analogic Corporation.
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About L-3 Security & Detection Systems
With more than 50,000 systems deployed and supported around the globe, L-3 Security & Detection Systems (SDS) is a leading supplier of security screening solutions. For more than 30 years, L-3 SDS has developed and manufactured cutting-edge products using advanced technologies that include 3-D computed tomography; automated, conventional and high-energy X-ray; active millimeter wave imaging; metal detection; and energetic trace explosives detection. L-3 SDS solutions are used by the aviation and transportation industries, regulatory and customs authorities, government and law enforcement agencies, and commercial and other secure facilities. Applications include the screening of people, vehicles, baggage, cargo and packages for explosives, firearms, drugs, contraband and corporate assets. To learn more about L-3 SDS, please visit the company's website at www.L-3com.com/sds .
eXaminer is a registered trademark of L-3 Security & Detection Systems
CONTACT: Mark Namaroff Director of Investor Relations & Corporate Marketing (978) 326-4058 email@example.com
Source: Analogic Corporation 2012 GlobeNewswire, Inc.