1st Detect Awarded GSA Status Through Partnership with Government Scientific Source Inc.
March 05 2015 - 9:30AM
Business Wire
1st Detect, which was formed by Astrotech (NASDAQ:ASTC) to
develop and commercialize technology originally created under an
agreement with NASA for use on the International Space Station,
today announced that their miniaturized mass spectrometer is now
available to be sold through the General Services Administration
(GSA) contract process through Government Scientific Source, Inc.
(GSS).
1st Detect has entered into an agreement whereby Government
Scientific Source, a privately-held veteran and minority owned
organization, has become a distributor of 1st Detect products to
federal, state, and municipal government customers in the U.S. This
agreement is intended to facilitate and accelerate the procurement
process by using the GSA, “Schedule 66 - Scientific Equipment and
Services” contract to sell 1st Detect products through this
one-stop, non-competitive shopping process available to U.S.
government agencies that are purchasing laboratory and homeland
security-related instruments.
The GSA establishes long-term, government-wide contracts with
commercial vendors in order to streamline and standardize the
process of procuring products and services for the federal
government. The GSA is one of the U.S. government’s primary
acquisition vehicles, procuring approximately $50 billion a
year.
"This GSA purchasing vehicle has already proven beneficial for
us as we have recently made sales using this process," said Bob
Kibler, CEO of 1st Detect. "Very quickly, we have been able to
expand our accessibility and ease of procurement to Federal and
State customers without the necessity of adding additional sales
resources."
1st Detect Corporation has developed an instrument that
revolutionizes the chemical detection and analysis market by
delivering laboratory performance mass spectrometry in a small,
affordable and portable package. This versatile product has the
flexibility to be adapted to each environment, and factory models
are designed to communicate with standard Factory Management
Software for easy implementation. The 1st Detect mass spectrometer
utilizes core technology that is fast, highly sensitive and
accurate. The unit is capable of detecting a wide variety of
chemicals including residues and vapors from explosives, chemical
warfare agents, toxic chemicals, food and beverage contaminants,
and pollutants. These capabilities, combined in an economically
priced solution, make it an ideal tool for a variety of
applications in the research, security, industrial, process flow
and healthcare markets.
About Government Scientific Source
Government Scientific Source is the leading supplier of
analytical chemistry equipment and consumables to federal, state,
and municipal government laboratories.
About 1st Detect Corporation
1st Detect Corporation was formed by Astrotech Corporation
(Nasdaq:ASTC) to develop and commercialize miniature mass
spectrometry technology first developed under an agreement with
NASA for use on the International Space Station. 1st Detect offers
a breakthrough miniaturized mass spectrometer that fills an unmet
need by being highly accurate, rapid, lightweight, and
cost-effective. For more information on 1st Detect Corporation,
please visit www.1stDetect.com.
About Astrotech Corporation
Astrotech is a leader in identifying and commercializing space
technology for terrestrial use. 1st Detect Corporation is
developing what we believe is a breakthrough miniaturized mass
spectrometer, the MMS-1000™, while Astrogenetix, Inc. is a
biotechnology company utilizing microgravity as a research platform
for drug discovery and development. Both are wholly owned
subsidiaries of the parent.
This press release contains forward-looking statements that are
made pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks, trends, and uncertainties that
could cause actual results to be materially different from the
forward-looking statement. These factors include, but are not
limited to, continued government support and funding for key space
programs, product performance and market acceptance of products and
services, as well as other risk factors and business considerations
described in the Company’s Securities and Exchange Commission
filings including the annual report on Form 10-K. Any
forward-looking statements in this document should be evaluated in
light of these important risk factors. The Company assumes no
obligation to update these forward-looking statements.
AstrotechJoshua Elbaum, +1-512-485-9530VP, Marketing
Astrotech (NASDAQ:ASTC)
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