IRVINE, Calif., 4 Nov. 2005. HiEnergy Technologies, Inc. announced that it has received its first domestic order for its CarBomb Finder from the U.S. Army.
HiEnergy Technologies uses neutron-based explosive diagnostic technology to create explosive diagnostic devices that can effectively decipher chemical formulas of unknown substances through metal or other barriers, almost instantly and without human intervention.
HiEnergy's products incorporate a proprietary interrogation process which activates a selected target with neutrons, causing the contents to emit back gamma rays that contain unique signatures from which the chemical formulas are derived.
The order was received under a Time and Material Subcontract in the amount of $333,688 executed with Integrated Concepts & Research Corp. (ICRC) and awarded as part of Prime Contract Number DAAE07-02-C-L062 with the U.S. Army Tank -- Automotive and Armaments Command, Warren Michigan (TACOM).
Under the Subcontract, HiEnergy is to deliver a CarBomb Finder head unit and provide the engineering and technical support necessary for its integration into the U.S. Army's SmarTruck platform. The finished prototype is expected to be field tested by the U.S. Army early 2006. HiEnergy has received payment in the amount of $222,716 for its performance to date.
"HiEnergy's CarBomb Finder opens up a new era in the war against terrorism: beginning the end of the advent of car bombs which have been indiscriminately murdering our brave servicemen, our allies, and civilians," said Dr. Bogdan Maglich, HiEnergy's chairman and CEO. "We are pleased that ICRC and TACOM will be testing our system. We believe this will affirm that Stoitech is an essential mission-critical tool for the U.S. Army, as well as first responders."
"We continue to increase awareness of our ground-breaking Stoitech technology and the vital role our products can have in both homeland defense and military applications," added Maglich. "One cannot defeat 21st century terrorism with 19th century technologies, such as x-rays and metal detection, and its critical more than ever that first responders and our military be given the most effective, cutting-edge tools available."
Funding of the program was provided through a supplemental authorization of the Defense Appropriations Act for Fiscal Year 2005 which was secured through the company's wholly-owned subsidiary, HiEnergy Defense, Inc. Congress had authorized $1 million to obtain "stoichiometric" explosive detection technology for the SmarTruck platform in the Defense Appropriations Act for Fiscal Year 2005, which was signed into law by President Bush on August 5, 2004.
Integrated Concepts and Research Corp. (ICRC) is a subsidiary of Koniag, Inc., an Alaskan Native Corporation. ICRC was SBA 8(a) certified in 1996. ICRC is an engineering and technical services company with a strong information technology practice. ICRC has an excellent reputation for managing government tasks that involve complex solutions. For more than six years, ICRC has managed numerous U.S. Army research and development projects, including the Army's SmarTruck program. ICRC is leading one of the Department of Energy's efforts to produce, test and evaluate alternative clean burning diesel fuels. ICRC also operates materials testing laboratories for NASA; builds computer work stations for employees with disabilities for the Social Security Administration; as well as provides the U.S. Army Corps of Engineers with state of the art IT services. ICRC is also on the team managing the planned expansion of the Port of Anchorage. For more information, see www.icrc-hq.com.
HiEnergy Technologies, Inc. is a nuclear particle detection technology company focused on the commercialization of the world's first "stoichiometric" explosive diagnostic devices, including the CarBomb Finder 3C4, a vehicle-borne system, for the detection and identification of car bombs, and the SIEGMA 3E3, a portable suitcase-borne system for the detection and identification of home-made bombs, also known as Improvised Explosive Devices or IEDs. The company is marketing its devices to governmental and private entities and is negotiating licenses for distribution of its devices with various industry partners.
HiEnergy believes its Stoitech technology compares with other detection technologies like color photography compares with black-and-white photography. HiEnergy's first commercial product, the SIEGMA 3E3, is unique in that it can detect and confirm whether an object or container carries a select group of dangerous or illicit substances, such as explosives, biological agents, or illicit drugs, with a probability of detection equal to approximately 97.75%, and "false negative" and "false positive" rates of nearly 2.25%.
The company also continues to focus on the research and development of additional applications of its technologies and their further exploitation, both internally and through collaboration with third parties. HiEnergy is currently developing prototypes in programs with the U.S. Department of Defense and the Department of Homeland Security for other related uses of its core technology.
Recently, it entered into a funded cooperative development agreement with the U.S. Transportation Security Administration (TSA) to produce a proof of concept which incorporates the company's SuperSenzor technology into a baggage screening system. The company's "stoichiometric" technology, or Stoitech, has been incorporated into additional prototype applications which, if the company is able to raise the funds necessary to commercialize them, will be the next products it attempts to launch: an in- ground explosive screening system, the CarBomb Finder 3C5, the STARRAY, an all-terrain robot-borne IED detector; an anti-tank landmine detector; an unexploded ordnance detector, which is also useful to detect IEDs; and a device called a "Refractorymeter," which can detect fissures or erosions in the ceramic lining of oil cracking tanks. For more information, see www.hienergyinc.com.
