"We are very honored to be ranked so highly among top performing, publicly held small companies in America," said Anthony Fabiano, AS&E's President and CEO. "Team AS&E met its strategic initiatives in fiscal year 2009, and recorded our highest revenue in Company history. We significantly increased gross margins, introduced several new products and enhancements, invested in global marketing and sales, and continued diversification of our customer base ” including military, law enforcement, critical infrastructure, and port and border security."

Forbes Magazine's list of the 200 Best Small Companies in America began with a search for companies that showed both sales and earnings growth. Candidates needed annual revenue between $5 million and $750 million, to be publicly traded for at least a year and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Forbes Magazine also compared the stock performance of each company with that of its peers.

About AS&E®

American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company's product line utilizes a combination of technologies, including patented Z Backscatter technology, Radioactive Threat Detection (RTD), high energy transmission and dual energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E's complete range of products include cargo inspection systems for port and border security, baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E systems protect high-threat facilities and help combat terrorism and trade fraud, drug smuggling, weapon smuggling, and illegal immigration and people smuggling. AS&E customers include leading government agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security (DHS), U.S. Department of Defense (DoD), U.S.