Implementation of Thermo's Most Advanced Radiation Detection Portals at
Security Checkpoints Strengthens National Security
WALTHAM, Mass., July 14 /PRNewswire-FirstCall/ -- Thermo Electron
Corporation (NYSE: TMO), the world leader in analytical instruments, today
announced it has been selected to deliver high performance, Advanced
Spectroscopic Portal (ASP) monitors for the U.S. Department of Homeland
Security's Domestic Nuclear Detection Office (DNDO). As part of this
national security initiative, Thermo's ASP monitors will be used to detect
and halt the entry of illicit nuclear weapons and radiological materials
from entering the United States at border and port locations across the
country.
In support of the U.S. Department of Homeland Security's mission to
protect the homeland from terrorist attacks, the Advanced Spectroscopic
Portal Program serves as an integral component of the country's nuclear
detection infrastructure. After successfully testing an Advanced
Spectroscopic Portal monitor prototype at the government's Nevada test
site, Thermo demonstrated its ability to meet the Domestic Nuclear
Detection Office's performance requirements for a next-generation,
state-of-the-art radiation detection system. After a highly competitive
selection process, the DNDO selected Thermo's Advanced Spectroscopic Portal
monitors to help manage the threat of nuclear weapons and radiological
materials at security checkpoints.
Each day about 64,000 containers arrive in the U.S. via ships, trucks
and rail. By optimizing selectivity, sensitivity, probability of detection
and false alarm rates, Thermo's ASP monitors will enable homeland
protection personnel to make the most informed decisions to protect
national security. Under the direction of the Advanced Spectroscopic Portal
Program, the government plans to deploy radiation detection equipment to
more than 380 port and border sites over the next few years. Also, on a
daily basis, more than 365,000 vehicles pass through America's border sites
daily, and Thermo's ASP detection equipment will arm homeland protection
personnel with the technology they need to rapidly weed out false-positives
from real-life radiation threats.
"Our partnership with the U.S. Department of Homeland Security is a
testament to Thermo's strategic commitment to providing the most advanced
radiation measurement and detection solutions for our nation's current and
future security needs," said Marc Casper, senior vice president of Thermo.
"Thermo's ability to leverage a seasoned work force and its experience in
radiation portal production means the company is well positioned to support
the government's large-scale deployment plans, which could result in more
than $200 million in revenue over the next five years." The first release
under the contract totals $14.6 million.
Having deployed more than 3,000 radiation detection portals worldwide,
Thermo is committed to protecting people and property from radiological
threats. Thermo has more than 50 years of experience in the nucleonics
field, including the design, manufacture, deployment, servicing and
continuous improvement of thousands of radiation portals. Thermo has
invented and commercialized industry-leading radiation detection
instruments and systems, including portal, portable and mobile variants
that are recognized as best in class, demonstrating its commitment and
track record in serving the needs of the nuclear power, defense, medical
and security markets worldwide.
For more information on Thermo's radiation management products, please
visit http://www.thermo.com/rmp.
About Thermo Electron Corporation
Thermo Electron Corporation is the world leader in analytical
instruments. Our instrument solutions enable our customers to make the
world a healthier, cleaner and safer place. Thermo's Life and Laboratory
Sciences segment provides analytical instruments, scientific equipment,
services and software solutions for life science, drug discovery, clinical,
environmental and industrial laboratories. Thermo's Measurement and Control
segment is dedicated to providing analytical instruments used in a variety
of manufacturing processes and in-the-field applications, including those
associated with safety and homeland security. For more information, visit
http://www.thermo.com.
The following constitutes a "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Actual results may differ materially from those indicated by
these forward- looking statements as a result of various important factors,
including those discussed in our most recent Form 10-Q under the caption
"Risk Factors," which is on file with the Securities and Exchange
Commission and available in the "Investors" section of our website under
the heading "SEC Filings." These include risks and uncertainties relating
to: the need to develop new products and adapt to significant technological
change; implementation of strategies for improving internal growth; use and
protection of intellectual property; dependence on customers' capital
spending policies and government funding policies; realization of potential
future savings from new productivity initiatives; dependence on customers
that operate in cyclical industries; general worldwide economic conditions
and related uncertainties; the effect of changes in governmental
regulations; exposure to product liability claims in excess of insurance
coverage; implementation of our branding strategy; identification,
completion and integration of new acquisitions and potential impairment of
goodwill from previous acquisitions; retention of contingent liabilities
from businesses we sold; and the effect of exchange rate fluctuations on
international operations. While we may elect to update forward-looking
statements at some point in the future, we specifically disclaim any
obligation to do so, even if our estimates change and, therefore, you
should not rely on these forward-looking statements as representing our
views as of any date subsequent to today.
Contact Information:
Media Contact Information: Investor Contact Information:
Lori Gorski Kenneth J. Apicerno
Phone: 781-622-1242 Phone: 781-622-1111
E-mail: lori.gorski@thermo.com E-mail: investorrelations@thermo.com
Website: http://www.thermo.com
SOURCE Thermo Electron Corporation
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CONTACT:
Media: Lori Gorski, +1-781-622-1242,
lori.gorski@thermo.com, or Investors: Kenneth J. Apicerno,
+1-781-622-1111, investorrelations@thermo.com, both of Thermo
Electron Corporation
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