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News

Co-operative agreement on explosive trace detection.

TraceGuard Technologies : 08 November, 2007  (Company News)
TraceGuard and Smiths agree to co-operate on development and field trials of Automated Trace Extraction system for explosive detection in homeland security and airport security markets.
TraceGuard Technologies has signed a Letter of Intent with Smiths Detection, a world leader in airport and critical infrastructure security screening systems.

Under the Letter of Intent, Smiths and TraceGuard will work exclusively towards bringing about a definitive agreement to accelerate TraceGuard's Automated Trace Extraction (ATE) route to market. In the first phase of the definitive agreement, the companies would cooperate in marketing TraceGuard's CompactSafe ATE system to select aviation and homeland security customers.

Additionally, TraceGuard and Smiths Detection may cooperate on integration of CompactSafe and other TraceGuard products and capabilities for improving and automating trace sample collection with Smiths Detection's IONSCSAN IMS explosives trace detectors.

Tony McEnroe, Smiths Detection's Vice President of Business Development stated: "After an extensive review across the sector, we concluded that TraceGuard offers considerable attractions as a partner for developing enhanced capabilities in explosives detection for homeland security. We look forward to working closely with TraceGuard in the months ahead to explore the development of new and complementary solutions for segments of the homeland security market."

Dr Ehud Ganani, TraceGuard's Chairman and CEO commented: "Smiths Detection is the global market leader in detection and we are proud to be working with them. Combining TraceGuard's own technological strengths with Smiths Detection's experience and extensive capabilities in the homeland security market offers considerable synergies. We look forward to working together to develop further breakthroughs in the explosives detection field."
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