Passport Systems Inc.
For Immediate Release

Passport Systems Receives Department of Homeland Security Contract to Implement Cargo-Scanning Technology

Billerica, Mass. — March 26, 2007 - Passport Systems, Inc. announced it received $2.4 million in funding from the Department of Homeland Security as part of a contract with a potential value of $9.8 million to implement its transformational technology for cargo container scanning. The contract is for for active detection and imaging of special nuclear material and all nuclear isotopes via nuclear resonance fluorescence imaging.

About Passport Systems
Passport Systems was founded in December 2002 to develop the next generation of systems for scanning the contents of sea and air cargo containers. Developed at MIT by company co-founder Professor William Bertozzi, nuclear resonance fluorescence (NRF) imaging is a highly accurate technology that automatically and rapidly detects the existence of nuclear devices, radiological or "dirty bombs," explosives, chemical weapons and other contraband. NRF identifies these threats by scanning the constituent chemical elements of the contents of a cargo container, vehicle or suitcase. This technology positively identifies the contents of a container or suitcase without having to open it and does not depend on a human operator attempting to make a visual identification of possible threats. NRF technology has been licensed exclusively to Passport Systems by MIT. Professor William Bertozzi remains a senior professor of physics at MIT, as well as technical advisor to the Passport Systems team.

For further information contact:
Passport Systems
978-263-9900
contact@passportsystems.com