Additional DD on explosives-detection play IMX
Background in explosive detection:
Implant Sciences, incorporated in 1984, is using its core ion technology to develop, manufacture and market products for national security, industry, and medicine. Under development is a portable trace explosives detection device to identify explosives, narcotics and other toxic materials. Implant has received development grants from the US Army, Navy and Air Force, and, signed a cooperative R&D agreement with the Transportation Security Administration, which facilitates equipment evaluation and new government contracts. Implant Sciences recently received a $1.7 million contract from the United States Navy for the development of 3 commercial ready Quantum Sniffers. The Company has also received a $1 million contract from the Transportation Security Administration (TSA), an agency under the umbrella of the Department of Homeland Security, to develop a bench-top explosives detection device for airports across America. Additionally, the company recently signed an exclusive trace explosives detection pact with InVision Technologies (INVN). The agreement gives InVision an exclusive option during the limited evaluation period to enter into a definitive agreement for exclusive distribution rights to Implant's technology for aviation security.
Other businesses:
**Medical: Using its proprietary ion implantation and thin film coating technologies, Implant also manufactures and markets radioactive and non-radioactive products for medical use. Implant derives revenues from its radioactive seeds for treating prostate cancer that are distributed throughout the US by its direct sales force. Implant is also developing brachytherapy products for the treatment of breast, eye, and other cancers. Additionally, Implant modifies the surface characteristics of orthopedic joint implants to reduce polyethylene wear, thereby increasing the life of the implants.
**Semiconductor: Implant Sciences has been in the semiconductor industry for 16 years providing high quality custom ion implantation for semiconductor and non-semiconductor applications. We currently service most major universities and semiconductor device manufacturers with excellent quality (0.5-2% dose uniformity and repeatability) and quick turnaround time for even the most unusual implants. Implants are completed and shipped within 48 hours of arrival or less, with same day expedited service available.
Solid DD combined with timeliness and conviction is a recipe for profits.
