Implant sciences: Innovation in Explosives Detection
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Implant sciences: Innovation in Explosives Detection
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Implant sciences: Innovation in Explosives Detection
- 1. Technological Innovation for a Safer World Implant Sciences Innovation in Explosives Detection July 2011 Glenn Bolduc, President & CEO
- 2. Safe Harbor Statement During today’s presentation, we will make forward-looking statements concerning upcoming events and our expectations regarding the Company's financial performance. Each time we do, we will try to identify these statements with words such as “expect,” “believe,” “anticipate” or other words that indicate potential events. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Please consider the risk factors contained in our latest Form 10-K for the fiscal year ended June 30, 2010 and Form 10-Q for the three and six months ended December 31, 2010, both of which were filed with the Securities and Exchange Commission.
- 3. About Implant Sciences (IMSC) • Small, U.S. company using Ion Mobility Spectrometry in the manufacture of Explosives Trace Detection Systems • Narcotics trace detection coming in 2011 • 12 patents, 6 pending • Strong BoD and Advisory Team includes • Robert Liscouski, DHS Assistant Secretary • Howard Safir, NY City Police Commissioner • William McGann, Industry Founder • Paul McHale, Assistant Secretary of Defense
- 4. What is Trace Detection? • Trace Detection – the targeted collection of microscopic explosive residue • Investigation occurs based on finding explosive residue and contamination • Where do trace explosives come from? • When explosives are handled or touched, they leave behind residue • Highly volatile explosives emit vapor
- 5. ETD Market Opportunities • $1 billion market by 2014 • North America largest segment • 43% of world market • The QS – B220 will increase access to this market • Asia fastest growing • 21.7% CAGR forecast • Implant Sciences is very strong in Asia and is already seeing benefit from market growth • IMSC has distribution partners in all BRIC countries • Over 1,000 systems sold in China and India
- 6. Applications • Homeland Security and Defense • Aviation Security and Air Cargo • Ports, Borders, and Customs Control • Force Protection and Critical Infrastructure Protection • Rail and Subway Security • Nuclear Power Plants • VIP Protection • Public Safety
- 7. The QS-H150 Advantage • Non radioactive ion source • Low operating expense • Rapid detection • Fast clear down • Ease of use • Choice of non-contact or wipe sampling • Configurable, user-expandable threat library • Designated as Qualified Anti-Terrorism Technology by the U.S. Department of Homeland Security SAFETY Act
- 8. The QS-B220 Advantage • Non radioactive ion source • The advantages of an QS–H150 in a bench top unit • Smaller and lighter than our competitors • Ability to detect both explosives and narcotics traces, opening up new markets • Targeted toward TSA certification and air cargo screening applications
- 9. Technology Proven Effective • 819 units are in Chinese railways, subways, and with police forces • The Indian Ministry of Defense has ordered 226 units • The Spanish Army is using our products in Afghanistan
- 10. Low cost for consumers • GAO report shows that our competitors’ units cost $10,000 a piece to operate per year • Implant Sciences’ cost less than $1,000 • As government budgets tighten, our product will prove more affordable and effective
- 11. Security with Respect Respect for Passengers •Non-contact sampling for dignified passenger screening Respect for the Environment •No radioactive materials •Fewer Chemicals •Fewer Consumables
- 12. Made in the USA • Employ 50 Massachusetts citizens • We source 95% of our inputs locally • For every 45 units we sell above our annual sales volume, we can create another US job • IMSC’s positioning as the American brand will increase government sales
- 13. Possibilities • Our technology can be applied to several security solutions, expanding market share • Non Contact Passenger Screening • In-line Baggage/Cargo Screening • Vehicle Scanner • Remote Sensory Applications
- 14. Thank You We welcome your questions and comments.
Hinweis der Redaktion
- 07/30/13 QS–H150 Quantum Sniffer Operator Training Implant Sciences Instructor Guide
- - Only 200,000 companies in the USA export globally, learning how to export was the hard part. Now we can look forward to increased success as we turn our focus toward the U.S. marketplace.
- - TSA certification will open up IMSC to the Air Cargo Screening facilities and the Air Transit Market in the United States
- Our first order from the Chinese came in 2005, and we supplied 101 systems for the railways. Orders have increased and continued over time, and we are now selling to subways and several police forces, and our sales total 819 units to date. Even though we are facing a disadvantage as a result of time-consuming export licensing policies in the United States, as well as a 17% VAT on sales in China, Implant Sciences is able to compete because of our superior technology and applicability. In order to complete the India Ministry of Defense sale, our products were tested against all of our competitors, in several different environments. Implant Sciences won the deal for 226 units because our technology was able to withstand testing at all altitudes and temperatures, detecting all substances required, with faster clear down and recalibration. The Spanish Army sought after our products after experiencing operational difficulties with one of our competitor’s products. They needed a ETD system that could automatically recalibrate and be ready to use at a moment’s notice. Implant Sciences’s H-150 was able to calibrate and sample fast enough to better preserve the safety of bomb detection teams, especially those wearing the bomb suits.
- Our total operating cost is much less than our competitors because we do not require calibration traps, verification traps, dopant, expensive desiccant, or mandatory desiccants. Because our machines have automatic, continuous self-calibration, powerful self-cleaning abilities, and a calibrant substance that is tested to work for several years, our products do not require extensive maintenance. According to our calculations, the total cost of ownership of 12 units over 3 years is over $115,000 less than our competitors.
- Our products can test for explosives without contact, allowing screening to be non-contact and non-intrusive. We do not use radioactive materials to generate ions in our machines. We use fewer chemicals than our competitors’ systems, and do not use harmful dopants in our machines. Because we do not require contact sampling, our users are not required to purchase several hundreds of paper traps for swipe sampling.
- Implant Sciences is Massachusetts based and operated. We are responsible for 50 jobs in Massachusetts. We have continuously sourced 95% of our inputs locally and almost 100% of our inputs regionally, which is also a means creating and maintaining jobs in Massachusetts. As Implant Sciences continues to grow, we can continue to hire more Massachusetts citizens. Each time we sell 45 units more than our annual sales volume, we can create another permanent job with our company. As we continue to grow, we continue to do more business with our suppliers in the state.