Shield Imploder

Hey guys, could someone that has used this weapon before enlighten me as to what, exactly, it does? I've heard it said it "destroys shields" but just looking at the damage it does it seems you would have to have very few shields for it to destroy them. The damage, even with mounts, is not too great and if thats all it does (damage shields by that amount) then any other normal weapon would be better since its likely to be higher damage and wouldn't just be against shields.

Anyone know for sure?

Edit- doh! Sorry, wrong subforum!