SOURCE: FLIR Systems, Inc.

FLIR Systems, Inc.

January 14, 2014 08:00 ET

FLIR Systems Enters New Market With Introduction of Thermal Rifle Scope for Hunters

FLIR® Delivers Field-Tested Tactical Technology to the Hunting Market With the ThermoSight® R-Series Rifle Scope

WILSONVILLE, OR--(Marketwired - Jan 14, 2014) - FLIR Systems, Inc. (NASDAQ: FLIR) today announced the launch of the FLIR® ThermoSight® R-Series, the first thermal imaging rifle scope that is priced under $3,500*. The R-Series line of thermal scopes utilizes FLIR's world-leading thermal imaging technology and commercial operating model to provide a unique and low-cost advanced scope that provides the recreational hunter the ability to see in complete darkness. The R-Series is the first commercial product in FLIR's popular ThermoSight line of weapon sights, which includes models for law enforcement and military markets.

Compact, rugged, and easy to use, the ThermoSight R-Series is a fully integrated, stand-alone scope that attaches to common rifle rail systems. The ThermoSight R-Series is available in six different models with a range of wide and narrow field of view lenses and up to a 16x magnification. The R-Series also offers automatic image optimization, an advanced shock reduction system, multiple reticle options, and FLIR's exclusive InstAlert® capability, which highlights warm objects of interest in red on a black and white image.

"The ThermoSight R-Series scope leverages both FLIR's expertise in developing advanced, military-grade imaging products and FLIR's industry-leading cost structure to attain an unmatched level of performance and price," said Andy Teich, President and CEO of FLIR. "Developing and delivering a distinctive, affordable, and high quality solution to a large, underpenetrated market for thermal technology is a hallmark of FLIR's strategy."

To learn more about the FLIR ThermoSight R-Series, visit www.flir.com/ThermoSightR-Series.

* Check your local laws regarding the use of thermal imaging weapon scopes. This product is export controlled.

About FLIR Systems

FLIR Systems, Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. FLIR's advanced systems and components are used for a wide variety of thermal imaging, situational awareness, and security applications, including airborne and ground-based surveillance, condition monitoring, navigation, recreation, research and development, manufacturing process control, search and rescue, drug interdiction, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) threat detection. For more information, visit FLIR's web site at www.FLIR.com.

Forward-Looking Statements

The statements in this release by Andy Teich and the other statements in this release about the product 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 FLIR'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 pricing of FLIR's products, changing demand for FLIR's products, product mix, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, the ability of FLIR to manufacture and ship products in a timely manner, FLIR's continuing compliance with U.S. export control laws and regulations, and other risks discussed from time to time in FLIR'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 FLIR 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.

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