Perth, Sep 4, 2006 AEST (ABN Newswire) - After completing a successful working trial with the Singaporean Immigration and Checkpoint Authority, Singapore Technologies Electronics (ST Electronics) has commenced sales and marketing of QRSciences' (ASX: QRS)(PNK: QRSNY) explosive detection technology in several countries in the Asian region and parts of the Middle East.
ST Electronics, a wholly owned subsidiary of Singapore Technologies Engineering (ST Engineering), is currently marketing the QRSciences-developed T3-03 Explosive Detection System, which has a unique ability to identify explosives through a scanning technology called Quadrupole Resonance (QR).
QR is a non-invasive radio frequency technique with the ability to identify chemical signature of a range of difficult to detect explosives and some trafficable narcotics.
QRSciences Chief Executive Officer Kevin Russeth said "ST Electronics has been marketing our technology for a few months and we expect sales through this channel imminently. ST Electronics is a valuable addition to the range of strategic partnerships and alliances that we have formed, including those with Rapiscan Systems and General Electric Security. Collectively, these have the potential to deliver significant commercial sales for our QR technology."
ST Electronics and QRSciences are in ongoing discussions to explore additional ways for collaboration and believe that the relationship will develop into a broader commercial alliance to deliver additional products and solutions to the Homeland Security market.
"Asia and the Middle East represent important markets for QRSciences," Mr. Russeth said.
"A commercial relationship with ST Electronics puts QRSciences in a strong position to sell its technology in the region."
Over the past year ST Electronics has trialed the T3-03 Explosive Detection System at undisclosed locations in Singapore and the Middle East.
About ST Electronics
ST Electronics is a wholly owned subsidiary of ST Engineering. ST Engineering is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. ST Engineering is listed on the Singapore Exchange Ltd (SGX:ST Engg) with revenues of approximately S $ 3b in 2004. Its market capitalisation of approximately S $8b ranks it as one of the largest companies listed on the Singapore Stock Exchange. ST Engineering has 16,000 employees worldwide, and more than 100 subsidiaries in 17 countries and 29 cities. For more information please visit www.stengg.com.
For more information on ST Electronics please visit: http://www.stee.st.com.sg
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QRSciences Holdings Limited