a magnifying glass

adobe pdf icon Analogic Corporation Receives $17.5 Million Order for Its Explosive Assessment Computed Tomography Systems and Upgrade Components


Analogic Corporation Receives $17.5 Million Order for Its Explosive Assessment Computed Tomography Systems and Upgrade Components

PEABODY, MASS., Aug 15, 2007 (BUSINESS WIRE) — 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 and associated
upgrade equipment valued at $17.5 million. 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. The hardware upgrades will enable airports to upgrade
eXaminer systems already in the field.

Jim Green, President and CEO of Analogic, said, “We’re pleased to
receive another order for EXACT systems from L-3. Working closely with
L-3, we have become the industry leaders in providing the most capable
and reliable checked baggage solution for airports. Over 750 eXaminers
have been installed around the world to date. Also, the L-3/Analogic
team is working closely with the Transportation Security
Administration (TSA) to achieve substantial long-term savings for
airports and the TSA through the expanded use of enhanced, in-line EDS
installations.” Green added that Analogic expects to start shipping
the first systems from this order in early calendar 2008.

Analogic Corporation is a leading designer and manufacturer of
advanced health and security systems and subsystems. The Company is
recognized worldwide for advancing the state of the art in Automated
Explosives Detection, Computed Tomography (CT), Digital Radiography
(DR), Ultrasound, Magnetic Resonance Imaging (MRI), Patient
Monitoring, and Advanced Signal Processing. For more information,
please 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 August 15, 2007. 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 August 15, 2007.

Analogic Corporation

Analogic Corporation
Jim Green
President and Chief Executive Officer
Paul M. Roberts
Director of Communications