12/12/2002 - Bernard M. Gordon, Chairman of the Board and CEO of Analogic Corporation (NASDAQ: ALOG), announced that the Company has received additional orders for its EXplosive Assessment Computed Tomography (EXACTTM) Systems from L-3 Communications’ (NYSE: LLL) Security and Detection Systems division. The EXACT is the “heart” of L-3’s eXaminer 3DXTM 6000, a certified Explosive Detection System (EDS) that is being purchased by the U.S. Transportation Security Administration (TSA) to be installed at major airports across the U.S.
The order from L-3 calls for the delivery of an additional 75 EXACT units for foreign and other anticipated orders. These units will be delivered at a rate of approximately eighteen to twenty systems per month during the first four months of calendar 2003.
Earlier this year Analogic had received in accord with a blanket order for 1000 systems, firm orders for 425 systems for delivery by calendar yearend. The Company is on schedule to deliver these units on or before December 31, 2002.
Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold to Original Equipment Manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Computed Tomography (CT), Digital Radiography (DR), Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring, Cardiovascular Information Management, and Embedded Multiprocessing.
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