American Science, Engineering Offers Details of Corporate Realignment

American Science and Engineering, Inc.

("AS&E") announced today a realignment of the Company into two focused business units, Detection Products and Detection Services. Each business unit will have profit and loss accountability and a dedicated leadership team. The Company also expects to generate annual cost savings of approximately $6 million through a combination of workforce and other cost reductions, including a reduction in the size of its management cost structure. The Company expects to begin realizing the resulting cost savings in the second quarter of fiscal year 2016 (ending September 30, 2015). This realignment is expected to improve AS&E's operational efficiencies, expedite new product development, heighten focus on strategic Detection Services growth initiatives, and create a leaner corporate structure to better address current market conditions. "AS&E's Board and management team have been working diligently to transform our business to ensure we are optimally positioned to meet our customers' evolving detection needs," said Chuck Dougherty, AS&E's President and CEO. "Today's announcement is the next step in our transformation, as it aligns our resources with the size and composition of our business while enabling us to operate and innovate with even greater speed, efficiency, and capability. We are confident that this new structure, which is designed to reduce operating costs and support revenue growth, will better position us to execute on our existing opportunity pipeline and will accelerate the expansion of our product and service offerings as we move forward with our strategic growth initiatives to enhance shareholder value."