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adobe pdf icon Analogic Corporation Receives $15 Million Order for Its Explosive Assessment Computed Tomography Systems

Analogic Corporation Receives $15 Million Order for Its Explosive Assessment Computed Tomography Systems

Analogic Corporation Receives $15 Million Order for Its Explosive Assessment Computed Tomography Systems

PEABODY, Mass.–(BUSINESS WIRE)–Feb. 8, 2008–Analogic
Corporation (NASDAQ: ALOG) announced today that it has received an
order from L-3 Communications (NYSE: LLL) for EXplosive Assessment
Computed Tomography (EXACT®) systems valued at approximately $15
million. This order, which follows an order received in August 2007,
calls for shipments to begin in June 2008. The EXACT is the heart of
the certified eXaminer 3DX® Explosives Detection System (EDS),
developed jointly by L-3 and Analogic and distributed exclusively by
L-3 for screening checked baggage at airports. The system features
advanced multi-slice CT imaging technology and provides full 3-D
images of all the contents of a bag, enabling automatic detection of
explosives.

Jim Green, President and CEO of Analogic, said, “We are delighted
to receive this new order. Working together, Analogic and L-3
Communications have become industry leaders in providing the most
capable and reliable checked baggage solution for airports. Our
partnership continues to provide the U.S. Transportation Security
Administration (TSA) with proven systems that help ensure the safety
of airline passengers around the world. More than 800 eXaminer 3DX
systems have been deployed and are screening bags sixteen hours a day,
seven days a week.”

Analogic Corporation is a leading designer and manufacturer of
advanced health and security systems and subsystems sold primarily to
Original Equipment Manufacturers (OEMs). The Company is recognized
worldwide for advancing the state of the art in Automatic Explosives
Detection, Computed Tomography (CT), Digital Radiography (DR),
Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring, and
Advanced Signal Processing. For more information, visit
www.analogic.com.

Forward-Looking Statements

Any statements in this press release about future expectations,
plans, and prospects for Analogic Corporation (the “Company”),
including statements about orders for the Company’s products,
statements about shipments and installation of the Company’s products,
and other statements containing the words “believes,” “anticipates,”
“plans,” “expects,” and similar expressions, constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those indicated by such forward-looking statements as
a result of various important factors, including risks relating to
technology development and commercialization, risks in product
development, limited demand for the Company’s products, risks
associated with competition, uncertainties associated with regulatory
agency approvals, competitive pricing pressures, downturns in the
economy, the risk of potential intellectual property litigation, and
other factors discussed in our most recent quarterly report filed with
the Securities and Exchange Commission. In addition, the
forward-looking statements included in this press release represent
the Company’s views as of February 8, 2008. The Company anticipates
that subsequent events and developments will cause the Company’s views
to change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company’s
views as of any date subsequent to February 8, 2008.

CONTACT: Analogic Corporation
Jim Green, 978-326-4000
President & CEO
or
Paul M. Roberts, 978-326-4213
Director of Communications
proberts@analogic.com

SOURCE: Analogic Corporation