PORTLAND, Ore., Oct 8, 2002 (BUSINESS WIRE) --FLIR Systems, Inc. (Nasdaq: FLIR) announced today that it has been selected to participate in a technology transfer program sponsored by the Office of National Drug Control Policy (ONDCP) and administered by the US Army's Electronic Proving Ground. The goal of the program is to make the latest in law enforcement technology available to state and local law enforcement agencies, who otherwise may not be able to procure such technology due to limited budgets, to assist them in the war on drugs. The program, operated by ONDCP's Counterdrug Technology Assessment Center (CTAC), was established by Congress in 1998 to help state and local law enforcement agencies access the latest in counter drug technology and training as part of the U.S. Government's counter drug efforts.
The aim of the CTAC's technology transfer program is to identify emerging new technologies that can best improve officer safety and aid in criminal apprehension. This transfer of infrared camera technology to state and local law enforcement organizations means law enforcement personnel nationwide will have a brand new tool to help them see what the naked eye cannot: through foliage, complete darkness, fog or in many other areas where criminals hide from the law. Infrared camera technology will also help to minimize police officer exposure to dangerous situations, allowing them to peer around corners, into ceilings or attics or other difficult environments with minimal bodily exposure to the line of fire.
FLIR's new ThermoVision® Scout infrared camera was selected over numerous other competing technologies for inclusion in the list of approved products. The ThermoVision® Scout incorporates the latest in infrared imaging technology, offering superior tracking and apprehension capabilities for a wide variety of law enforcement and security applications. Handheld, lightweight and ruggedized, the ThermoVision Scout is ideal for search and rescue, patrol and SWAT operations. The camera is based on FLIR's new "E Series" imaging platform, with a range of up to 1200 feet. The ThermoVision Scout incorporates that latest generation of infrared detector technology, offering performance capabilities far superior to the "low level light" technology currently on the market, giving law enforcement a valuable new high-tech tool in support of their now even broader mission of law enforcement.
"The selection of the ThermoVision Scout for the CTAC program underscores FLIR's unique product mix," said Earl Lewis, FLIR President and CEO, "allowing us to access new markets and define useful applications for infrared technology in both commercial and governmental markets. We are proud to have been selected to participate in this important program, which is also a key entry point into the broader law enforcement market," he said.
About FLIR Systems
FLIR Systems designs, manufactures and markets infrared imaging systems worldwide for a variety of applications. FLIR's imaging products are used in such diverse applications as public safety, defense, navigation, electronic news gathering and search and rescue. Thermography products support such applications as condition monitoring, non-destructive testing, medical science, research and development, and manufacturing process control. For more information, please visit their Web site at www.flir.com.
This release contains forward-looking statements that 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: a lack of sufficient funds required under the CTAC program for the procurement of such systems, changes in the program generally, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, actual purchases under agreements, the amount and availability of appropriated government procurement funds generally and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports, including the Company's Annual Report on Form 10-K for the year ended December 31, 2001. 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.
FLIR Systems, Inc.
David Francoeur, 978/239-2296
Neil Berkman Associates, 310/277-5162
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