QR bolsters US revenue
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Tuesday, 27 January, 2004 - 21:00
QRSCIENCES Holdings’s 61 per cent owned subsidiary QRSciences Limited has sold two further prototype QR scanners in North America and will earn more than $600,000 in 2004 from the sale and ongoing consulting services.
The company would only identify the purchaser as a US-based Fortune 500 company specialising in defence electronics.
QRSciences Limited specialises in quadrapole resonance imaging, a technique that can be used to identify explosive and pharmaceuticals in things such as people’s luggage.