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QRSciences Enters Contract with Australian Customs Service
Perth, Jan 17, 2006 (ABN Newswire) - QRSciences Holdings Limited (ASX: QRS) (PNK: QRSHY), has contracted with Australian Customs Service for work on an advanced weapon detection system for international mail and package inspection.
The Company anticipates that the project, associated government sales and commercial sales will bring at least $ 2.5 m in revenue to the Company over the next eighteen months.
The system is a new revenue stream for the company. In addition to selling in a stand-alone capacity the device will also enhance the existing QR product range.
"Applying advanced metal detection to detect firearms in packages is a natural fit with our existing QR-based explosive detection," said Dr. Timothy Rayner, Chief Technology Officer, QRSciences. "We believe our expertise in developing robust highly sensitive detection systems is well-suited to address the needs of Australian Customs and other organizations interested in improving the detection of weapons within mail, packages and baggage."
"The technology should assist in detecting and intercepting attempted importation of illegal weapons and their components," concluded Dr. Rayner.
Mail packages and cargo entering Australia today are manually scanned using X-ray equipment. The new system will allow for automated detection adding assisting the operator in their decision making process.
About QRSCIENCES HOLDINGS LIMITED
QRSciences Holdings Limited is based in Perth, Western Australia with offices in San Diego, California. The company designs, develops and sells advanced technology systems, sub-systems, components and software for security related applications. Applications for its technologies include the detection of explosives and narcotics, metal detection and imaging, surveillance and monitoring, chemical manufacturing quality control and assurance, mineral and material assay, and lab instrumentation.
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