Press Release

<< Back
Jun 21, 2007
FLIR Systems Announces U.S. Customs and Border Protection Contract
FLIR Systems Announces U.S. Customs and Border Protection ContractPORTLAND, OR, Jun 21, 2007 (MARKET WIRE via COMTEX News Network) -- FLIR Systems, Inc. (NASDAQ: FLIR) today announced it has been awarded a contract from the U.S. Customs and Border Protection (CBP) for Ranger III™ multi-sensor systems valued at $6.0 million. The systems will be installed along the southern U.S. border as upgrades to older thermal imaging systems. This order represents the largest single order from CBP that FLIR has won to date. Systems will be manufactured in FLIR's facility in Billerica, MA, and deliveries will take place in the third quarter of 2007.

"The CBP has been an excellent customer of FLIR for many years, and we are pleased to be chosen again to provide critical systems for border security," said Earl Lewis, FLIR's President and CEO. "CBP requires rapid delivery of these systems, which plays to one of our core strengths. We believe this order, combined with orders last year for our Recon III™ LocatIR systems reflects a continued strong relationship with CBP, and positions us well for future business."

Forward-Looking Statements

The statements in this release, including the statements of Earl R. Lewis, 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 customer orders and deliveries under the agreement discussed above, the impact of competitive products and pricing, the Company's continuing compliance with US export control laws and regulations, the timely receipt of export licenses for international shipments, 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 continuing eligibility of the Company to act as a federal contractor, the amount and availability of appropriated government procurement funds 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.

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

Company contact:
Tony Trunzo
FLIR Systems, Inc.

(503) 498-3547

SOURCE: FLIR Systems, Inc.