| Company Overview
Implant Sciences Corporation
(AMEX: IMX) develops, manufactures and markets highly
sensitive trace explosive detection devices to be used at
security checkpoints and other locations around the world.
The Company also provides valuable ion implantation services
for a growing range of customers in the semiconductor industry.
Lastly, we serve parts of the medical community by modifying
the surface characteristics and applying sophisticated coatings
to orthopedic joint implants and other medical products which
provides benefits such as reduced wear and increased biocompatibility,
thereby increasing the value of the implants.
Highlights
Proprietary patented technology with opportunity in multiple
business segments. Implant Sciences' methods of ion implantation
allow the Company to exploit numerous commercial opportunities,
such as trace explosives detection, high technology ion based
semiconductor applications, and the coating of several medical
items such as artificial joints, stents, and dental implants.
Rich pipeline of products to fuel future growth in all business
segments. The Company's expertise in explosives detection
systems is expected to continue to grow as world events continue
to demonstrate the need for improve security in locations
such as airports, harbors, government buildings, mass transit
points, and similar locations. As governments and other security
oriented elements of the market continue to fund and implement
new security programs, new opportunities will be presented
to the Company.
Seasoned management team. Anthony Armini, Ph.D., Chief Executive
Officer, is a physicist with 31 years of industry experience,
founded the company in 1984. Phillip C. Thomas, COO, is an
experienced executive with over 25 years of experience building
growth companies. Diane Ryan, Chief Financial Officer, has
over 20 years of financial experience, while Stephen Bunker,
Ph.D., vice President, Chief Scientist and co-founder, has
29 years of high technology experience in a variety of related
industries.
History of sales growth and solid financial position. Along
with steady sales growth, as of June 30th 2007, the Company
had approximately $10,000,000 in cash and marketable securities
on hand with minimal debt.
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