ARLINGTON, Va. - ICx Technologies, Inc. (Nasdaq GM: ICXT), continues to support efforts to defeat improvised explosives devices (IEDs) with Fido XT explosives detector sales of over $3.9 million in the first quarter, 2010. These units will support U.S. military efforts in Iraq and Afghanistan.
The combat-proven Fido XT has been used in forward military operations since 2005, when it won the Top 10 Greatest Inventions award from the U.S. Army. The system weighs less than three pounds and is capable of ultra trace vapor detection. ICx has provided both handheld and robot-mounted explosives detectors for use in the fight against IEDs and currently has over 2,400 units in use with U.S. forces at home and abroad.
“ICx continually seeks to support the U.S. military and its allies with the most sensitive and field-ready explosives detection systems available,” said Colin Cumming, CEO of ICx Technologies.
The Fido line of explosives detectors are used for people and vehicle screening operations at military checkpoints as well as during IED interdiction operations.
For more information on Fido or other ICx products, visit www.icxt.com.
About ICx® Technologies ICx Technologies is a leader in the development and integration of advanced sensor technologies for homeland security, force protection and commercial applications. Our proprietary sensors detect andentify chemical, biological, radiological, nuclear and explosive threats, and deliver superior awareness and actionable intelligence for wide-area surveillance, intrusion detection and facility security. We then leverage our unparalleled technical expertise and government funding to address other emerging challenges of our time, ranging from a cleaner environment and alternative energy to life science.
Statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements, including statements relating to ICx Technologies' plans, objectives and expectations for future operations, are uncertain and subject to a variety of risks that could cause actual results to differ materially from those expected by ICx Technologies. You should consider the risk factors described in ICx Technologies' prospectus as filed with the U.S. Securities and Exchange Commission on November 8, 2007, as well as other filings.
The above mentioned contract does not guarantee future revenues and is subject to significant risks and uncertainties which are difficult to predict. Actual results may differ due to a variety of factors, including, without limitation, changing priorities in government budgets, termination due to unilateral government action, and differences in actual and anticipated contract performance, including performance by ICx and other contractors, suppliers and subcontractors.
ICx Technologies undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
The contract and its contents do not necessarily reflect the position or the policy of the US Government, and no official endorsement should be inferred.
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For more information, contact: ICx Technologies, Inc. Melissa Woods Phone: +1-405-269-9453 Email: melissa.woods@icxt.com