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Tuesday, 11/11/2014 10:41:13 AM

Tuesday, November 11, 2014 10:41:13 AM

Post# of 49606
IMSC up 17% @ 1.37 on news:




Implant Sciences signs TSA IDIQ Contract for up to $162 million dollars for explosive trace detection systemsTuesday 11/11/2014 09:00 AM ET - PR Newswire via Dow Jones News
Indefinite Delivery / Indefinite Quantity Contract for QS-B220s WILMINGTON, Mass., Nov. 11, 2014 /PRNewswire/ -- Implant Sciences Corporation (OTCQB:IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, announced today it has entered into an Indefinite Delivery / Indefinite Quantity (IDIQ) contract with the United States Transportation Security Administration (TSA) for its QS-B220 desktop explosives trace detectors, which recently received TSA qualification for airport checkpoint passenger and baggage screening. The IDIQ, a necessary prerequisite for competing for TSA's annual trace detection procurements, establishes contract terms under which the TSA could purchase up to $162 million of equipment and services.

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