Subject: QRSCIENCES ANNOUNCES FURTHER EQUIPMENT SALES Holdings Limited News Release QRSciences announces further equipment sales PERTH, Monday 30 th
AUGUST 2004 - QRSciences Limited (QRS), the world leader in the development of Nuclear Quadrupole Resonance (NQR) based advanced explosive detection systems, today announces that it has sold another of its state-of-the-art explosive detection devices in the Australian marketplace.
Sydney based Advanced Security Systems has purchased the QRSciences T3-QCP device.
"Doing business with Advanced Security Systems, one of the more forward thinking specialists in the security field here in Australia and New Zealand can only help our local profile ," comments Kevin Russeth, Chief Executive Officer, QRSciences Limited. "Advanced Security Systems have clearly recognised that our NQR technology offers a significant enhancement in explosive detection and the association will undoubtedly lead to a further marked improvement in security services in this region."
The company is expected to find a ready market for QR technology amongst a client base requiring state-of-the-art next generation explosive and other contraband detection capability.
"The QRSciences T3 -QCP is a state of the art detection device which covers some gaping holes that exist in the security market," says Sam Rahim, Managing Director of Advanced. "We are also excited about some other product ideas that QRSciences are developing that extend beyond explosive detection and cover a range of other substances that our customers have an interest in locating."
Advanced has offices in Sydney, Melbourne, and Brisbane and a subsidiary Advanced Building Systems in Canberra. The T3-QCP device purchased will be deployed in Canberra ACT.
"The QR technique harnesses harmless and relatively low frequency radio waves and uses QRSciences proprietary software and hardware to identify the chemical structure or unique fingerprint of specific molecules," adds Mr Russeth. "QRS testing has shown the technique can be as accurate as laboratory spectroscopy in identifying the presence of some explosive materials known to have been used in airline bombings and terrorist attacks in the past." QR Sciences technology has been successfully tested by the US Transportation Security Administration (TSA) as an Advanced Technology "AT" explosive detection system. The technology has also been extensively trialled and tested over the past four years by authorities, regulators and airports in the United States, Canada, European Union including the United Kingdom and Australia.
About QRSciences Limited QRSciences Limited based in Perth, Western Australia is a designer, developer and direct manufacturer of systems, sub-systems, components and software for security related applications. The company is a world leader in Quadrupole Resonance (QR) applications a next generation technology that uses radio frequency spectroscopy techniques to identify and detect a range of materials. QR is closely related to Magnetic Resonance Imaging (MRI), which is widely employed in industry and the medical profession. Applications for the technology include explosive and narcotic detection, pharmaceutical quality control and assurance, mineral and material assay, lab instrumentation and environmental science.
For more information about QRSciences Limited please visit www.qrsciences.com . About Advanced Security Systems
Advanced Security Systems is a specialist in providing fully customised, turnkey security solutions. As a wholly owned Australian company, established in 1982, they have more tha n 20 years hands-on industry experience, installing and implementing the highest quality security management systems in the world. The company's area of expertise includes security surveillance, access control, closed-circuit television and communications networks. Advanced Security System's customers include the NSW Department of Corrective Services, Parliament House, Australian Customs Service, the NSW Roads and Traffic Authority and many state and federal government agencies in addition to numerous commercial customers. For more information about Advanced Security Systems, its systems and capabilities, please visit www.advanced.com.au
QRS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held