There were 962 press releases posted in the last 24 hours and 432,375 in the last 365 days.

Implant Sciences Receives $1.2 Million Order

August 14, 2009 (FinancialWire) — Implant Sciences Corp. (OTCBB: IMSC) (Current Market Cap: $2.16 Mil.) a supplier of systems and sensors for the homeland security market and related industries, said it has received an order totaling around $1.2 million for its portable explosives detectors to be delivered to governmental customers of the company’s distributor in China.

The detectors will be deployed for use in transportation security applications in multiple locations throughout China.

company CEO Glenn D. Bolduc called the contract “an important win” that ” represents follow-on business from the company’s successes in China last year…”

Bolduc said he believes that Implant Sciences is the sole awardee following a competitive evaluation, and that the order “strengthens the company’s position as the supplier of choice for portable explosives trace detectors, as China’s transportation security infrastructure continues its rapid growth.”

Wilmington, Massachusetts-based Implant Sciences develops, manufactures and sells sensors and systems for the security, safety and defense industries.

The company has developed proprietary technologies used in its commercial portable and bench-top explosive trace detection systems.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.