Landauer, Inc. Announces Military Order For RadWatch Dosimetry System
GLENWOOD, Ill., April 26, 2016 /PRNewswire/ -- Landauer, Inc. (NYSE: LDR), a recognized leader in personal and environmental radiation measurement and monitoring, outsourced medical physics services and high quality medical consumable accessories, announced today that it was awarded a military order from the National Guard of the United States for the company's RadWatch personal in-field radiation monitoring system. The order of approximately 2,800 readers and 280,000 RadWatches will begin delivery in 2016, with full delivery to be completed by the end of 2017. Landauer's revenue from this order will be approximately $11 million.
"We appreciate this tremendous opportunity to expand our continued partnership with the United States military and are pleased to provide more of our service members with our state-of-the-art RadWatch system," said Landauer CEO Michael Kaminski. "This system represents the latest in field radiation monitoring technology, and we look forward to continuing to outfit our military personnel as well as state and local agencies, such as fire, police and emergency first responders, with personal radiation preparedness equipment."
About Landauer
Landauer is a leading global provider of technical and analytical services to determine occupational and environmental radiation exposure, the leading domestic provider of outsourced medical physics services, as well as a provider of high quality medical accessories used in radiology, radiation therapy, and image guided surgery procedures. For more than 50 years, the Company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, nuclear facilities and other industries in which radiation poses a potential threat to employees. Landauer's services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from customers, and the analysis and reporting of exposure findings. The Company provides its dosimetry services to approximately 1.8 million individuals globally. In addition, through its Medical Physics segment, the Company provides therapeutic and imaging physics services to the medical physics community. Through its Medical Products segment, the Company provides medical consumable accessories used in radiology, radiation therapy, and image guided surgery procedures. For information about Landauer, please visit our website at http://www.landauer.com.
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For Further Information Contact:
Michael DeGraff
Sard Verbinnen & Co
Phone: 312.895.4734
Email: [email protected]
SOURCE Landauer, Inc.
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