TSA Awards Analogic $4 Million Base Contract for Further Development of CT Checkpoint Screening Technology

November 2, 2017 11:01 AM

PEABODY, Mass., Nov. 02, 2017 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq: ALOG), enabling the world's medical imaging and aviation security technology, today announced that the U.S. Transportation Security Administration (TSA) has awarded it a base contract valued at approximately $4 million for a 12-month development phase and 24 months of prototype warranty, with options for additional ConneCT™ prototypes and warranty for a period of 24 months at the TSA’s discretion.

Under this contract, Analogic will develop advanced threat detection algorithms that will be used in Analogic’s ConneCT aviation checkpoint CT system.

“We have a long history supporting U.S. aviation security, and this contract will be instrumental in bringing the benefits of Analogic CT technology and the ConneCT solution to airports in the United States,” said Fred Parks, president and CEO. “We are honored to receive this contract, which represents the next step toward CT technology taking a predominant place at airport checkpoints to improve security, airport efficiency and passenger satisfaction.”

Analogic represents the gold standard in imaging and detection for both airports and hospitals and is the recognized leader in CT technology, enabling approximately one thousand systems deployed in airports around the world for checked baggage and tens of thousands of medical imaging systems in hospitals globally.

“TSA is regarded as one of the world’s leading authorities on security technology, so we view this contract as an important milestone and achievement as we launch the ConneCT,” said Jim Ryan, senior vice president and general manager, security detection and power technologies. “Most of all, this is a tribute to the incredible talent and hard work of our engineering teams.”

Analogic engineered the ConneCT from the ground up for carry-on baggage screening, with differentiated features including:

From Analogic’s perspective, together, these differentiators provide a lower total cost of ownership and offer a superior return on investment for airports everywhere.

ConneCT recently achieved Transportation Security Lab (TSL) certification for TSA’s Second Generation Advanced Technology (AT-2) X-Ray System Security Detection Standard Requirements for Tier II detection, as well as ECAC Standard C2 in Europe. For more information, please visit www.analogic.com/connect

About Analogic — Celebrating 50 Years of Imaging InnovationAnalogic (Nasdaq: ALOG) 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 and real-time guidance technologies used for disease diagnosis and treatment as well as for automated threat detection. Our market-leading ultrasound systems, led by our flagship BK Ultrasound brand, used in procedure-driven markets such as urology, surgery, and point-of-care, are sold to clinical practitioners around the world. Our advanced imaging technologies are also used in computed tomography (CT), magnetic resonance imaging (MRI) and digital mammography systems, as well as automated threat detection systems for aviation security. Analogic is headquartered just north of Boston, Massachusetts. For more information, visit www.analogic.com.

Analogic and the globe logo are registered trademarks of Analogic Corporation. ConneCT is a trademark of Analogic Corporation.

For Further Information:
     
Investor Contact:
Mark Namaroff
Sr. Director of Investor Relations and Corporate Communications
(978) 326-4058
investorrelations@analogic.com  

Media Contact:
Jennifer Webb
Coltrin & Associates, Inc.
(212) 221-1616
Jennifer_webb@coltrin.com

Source: Analogic Corporation

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