Optosecurity Signs Agreement With Smiths Detection

QUÉBEC CITY, June 9, 2014 /PRNewswire/ -- Optosecurity and Smiths Detection have signed a long term Definitive Agreement towards developing and distributing an advanced Checkpoint Enterprise Software Solution that improves the overall performance and further cuts operational costs of security checkpoints without compromising regulatory compliance or security.

This is the second such arrangement between the two companies. The first agreement, which has been in place for the past two (2) years, is a cooperation agreement for the sale and distribution of Optosecurity's Optoscreener solution, an automated detection software that provides advanced detection algorithms that, when combined with Smiths Detection checkpoint X-ray systems, enable the automated detection of liquid explosives, bottles, weapons, and other advanced risk management solutions.

"We are very pleased to be working with Smiths Detection, a global leader in checkpoint technologies," said Eric Bergeron, President and CEO of Optosecurity. Together the companies bring a business solution to the industry that will positively transform the economics and efficiency of delivering security screening without compromising security. "Our combined technologies will enable checkpoint efficiencies that increase passenger throughput and lower operating costs, all while maintaining today's stringent security requirements," added Mr. Bergeron.

About Optosecurity Inc.

Optosecurity provides operational efficiency and threat detection solutions for checkpoint security in airports and other critical infrastructure environments. Optosecurity is the first in the world to enable centralized remote screening of hand luggage and provides threat detection software that enables the automated detection of liquid explosives and other threats. Optosecurity solutions are certified by the European Civil Aviation Conference as well as other regulating entities. Founded in 2003 and headquartered in Quebec, Canada, Optosecurity is a technology spin-off from Canada's National Optics Institute, a world-class center of expertise in optics and photonics.

About Smiths Detection

Smiths Detection offers advanced security solutions in civil and military markets worldwide, developing and manufacturing government-regulated technology products that help detect and identify explosives, chemical and biological agents, radiological and nuclear threats, weapons, narcotics and contraband. It is part of Smiths Group, a global leader in applying integrated, advanced technologies to markets in threat and contraband detection, energy, medical devices, communications and engineered components. Smiths Group employs around 23,000 people in more than 50 countries.

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