ICx Technologies Awarded $4.9 Million R&D Contract under DHS's ‘Detect to Protect’ project
Arlington, Va. (Date) – ICx Technologies (Nasdaq: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has won a $4.9 million, Phase IIb research and development contract under the Department of Homeland Security’s ‘Detect to Protect’ project, which was previously called the IBADS program. The project is designed to develop rapid sensors that can influence immediate actions to limit exposure to an attack involving biological agents.
This is the third such award ICx has won in conjunction with this program. The objective of Phase IIb is to finish prototype development for a system that will be able to detect and identify a list of ten bioterrorism threats, including bacteria, viruses, and toxins, all with a response time of 15 minutes or less.
The process is completely automated and includes the efficient extraction of DNA and RNA from an environmental sample, purification of the DNA/RNA, amplification via multiplex polymerase chain reaction (PCR) techniques, and identification of the threat-specific DNA sequences. The platform can also concurrently perform immunoassays to detect toxins in less than ten minutes.
The technical approach is particularly amenable to portable battery-power operation. In addition, the system can be expanded to cover up to 50 different threats.
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 and identify chemical, biological, radiological, nuclear and explosive threats, and deliver superior awareness and actionable intelligence for wide-area surveillance, intrusion detection and facility security. By leveraging our unparalleled technical expertise, ICx pioneers the integration of these advanced sensors into effective security and commercial solutions.
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.
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Media Contact
Vicki Contavespi
Public Relations Director
ICx Technologies, Inc.
2100 Crystal Drive, Suite 650
Arlington, VA 22202
T+ 703.678.2136
M+ 571.209.7660
F+ 703.678.2112
vicki.contavespi@icxt.com