Contact Information: Company contact: Tony Trunzo FLIR Systems, Inc. (503) 498-3547 www.flir.com
FLIR Systems Announces FMS Orders of $6.7 Million for Middle East / North African Customers
| Source: FLIR Systems, Inc.
PORTLAND, OR--(Marketwire - December 7, 2009) - FLIR Systems, Inc (NASDAQ : FLIR ) announced
today that it has received $6.7 million of Foreign Military Sale (FMS)
orders for delivery to Middle East / North African nations. The orders
support Critical National Infrastructure Agency (CNIA) and Counter Terror
(CT) missions and include FLIR's Star SAFIRE® III and Ultra Series™
infrared multi-sensor surveillance systems.
With over 1,100 systems on aircraft, vessels and fixed towers in the
region, FLIR continues to be the system of choice by military allies in the
Middle East and North Africa. FLIR is a preferred vender for FMS programs
due to its unique Commercially Developed Military Qualified (CDMQ) model.
The CDMQ model provides a comprehensive array of EO/IR products that are
customizable to every mission, but also allow for rapid deployment on
hundreds of platforms for Airborne, Maritime, and Land applications.
"These orders, contributing to the $60 million in FMS orders received so
far in 2009, highlight FLIR's international reputation for product and
service excellence," said Earl Lewis, President and CEO of FLIR Systems.
"We appreciate the U.S. Army's support of FLIR through FMS contracts and we
are pleased to contribute to the national safety and security of our
allies."
Forward-Looking Statements
The statements in this release by Earl R. Lewis, and the other statements
in this release about the orders described above, are forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. Such statements are based on current expectations, estimates
and projections about the Company's business based, in part, on assumptions
made by management. These statements are not guarantees of future
performance and involve risks and uncertainties that are difficult to
predict. Therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in such forward-looking statements due to
numerous factors, including the following: the ability to manufacture and
deliver the systems referenced in this release, changes in demand for the
Company's products, product mix, the timing of deliveries under the orders
discussed above, the impact of competitive products and pricing,
constraints on supplies of critical components, excess or shortage of
production capacity, the ability of the Company to manufacture and ship
products in the time period required, actual purchases under agreements,
the Company's continuing compliance with US export control laws and
regulations, the timely receipt of export licenses for international
shipments, the continuing eligibility of the Company to act as a federal
contractor, and other risks discussed from time to time in the Company's
Securities and Exchange Commission filings and reports. In addition, such
statements could be affected by general industry and market conditions and
growth rates, and general domestic and international economic conditions.
Such forward-looking statements speak only as of the date on which they are
made and the Company does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after the date
of this release, or for changes made to this document by wire services or
Internet service providers.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture and
marketing of thermal imaging and stabilized camera systems for a wide
variety of thermography and imaging applications including condition
monitoring, research and development, manufacturing process control,
airborne observation and broadcast, search and rescue, drug interdiction,
surveillance and reconnaissance, navigation safety, border and maritime
patrol, environmental monitoring and ground-based security. Visit the
Company's web site at www.FLIR.com.