WILMINGTON, MA--(Marketwire - Nov 6, 2012) - [ Implant Sciences Corporation ] (OTCQB: [ IMSC ]), a high technology supplier of systems and sensors for homeland security and defense markets, today announced that its [ Quantum Sniffer™ QS-B220 ] desktop explosives and drugs trace detection system has been named a finalist in the [ 2012 GSN Homeland Security Awards ]. The GSN Homeland Security Awards are sponsored by Government Security News, a leading publisher of government and homeland security news.

The QS-B220 was nominated in the Best Explosive Detection Product category. The winner will be announced at the gala dinner and awards ceremony that GSN will be hosting on the evening of Thursday, Nov. 29, 2012, at the Washington, DC Convention Center.

"The GSN Homeland Security Awards seeks to identify outstanding vendors of physical security products and solutions," commented Glenn D. Bolduc, President and CEO of Implant Sciences Corporation. "In delivering fast, accurate detection of explosives and narcotics in a low-maintenance, low-consumable design, the QS-B220 provides operational advantages which we believe are unmatched by other trace detection systems. We are proud to be recognized as a finalist in these prestigious awards."

About the Quantum Sniffer™ QS-B220 Desktop Explosives Trace Detector

The [ Quantum Sniffer QS-B220 ] uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives, as well as drugs. Featuring a radioactive material-free design, push-button maintenance and diagnostics, and internal automatic self-calibration, the QS-B220 brings new levels of performance and convenience to desktop trace detection users with unsurpassed ease of use.

About Implant Sciences

Implant Sciences develops, manufactures and sells sophisticated sensors and systems for Security, Safety, and Defense (SS&D) markets. The Company has developed proprietary technologies used in its commercial explosive and narcotics trace detection systems which ship to a growing number of locations domestically and internationally. Implant Sciences' QS-H150 portable explosives trace detector has received Qualified Anti-Terrorism Technology Designation and the Company's QS-B220 desktop explosives and drugs trace detector has received a Developmental Testing & Evaluation (DT&E) Designation by the U.S. Department of Homeland Security under the Support Anti-terrorism by Fostering Effective Technology Act of 2002 (the SAFETY Act). For further details on the Company and its products, please visit the Company's website at [ www.implantsciences.com ].

Safe Harbor Statement

This press release may contain certain "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to risks and uncertainties that could cause the Company's actual results to differ materially from the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risks that our explosives detection products and technologies (including any new products we may develop) may not be accepted by the Transportation Security Administration or by other U.S. or foreign government and law enforcement agencies or commercial consumers of security products; economic, political and other risks associated with international sales and operations could adversely affect our sales; our business is subject to intense competition and rapid technological change; the risks that our markets are subject to technological change and that our success depends on our ability to develop and introduce new products; and other risks and uncertainties described in our filings with the Securities and Exchange Commission, including its most recent Forms 10-K, 10-Q and 8-K. Such statements are based on management's current expectations and assumptions which could differ materially from the forward-looking statements.