ALOG: Receives $10M Order from L-3 Communications for EXACT(R) Systems

Thu. September 25, 2008; Posted: 08:08 AM

Analogic Corporation (ALOG) received an order from L-3 Communications Security and Detection Systems, Inc., for EXplosive Assessment Computed Tomography (EXACT(R)) systems valued at approximately $10 million. The certified eXaminer(R) 3DX Explosives Detection System (EDS), developed in collaboration between Analogic and L-3, incorporates the EXACT subsystem.

The eXaminer 3DX has an installed base of more than 800 systems throughout the world for screening checked baggage at airports. The system features advanced, multi-slice CT imaging technology and provides full 3-D images of all the contents of a bag, enabling automatic detection of explosives. This new order is expected to start shipping in December 2008 and continue through March 2009.

KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

If your company wishes to participate in the EventX newswire, please contact Knobias: http://www.knobias.com

Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index