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PORTLAND, Ore., Jan 31, 2002 (BUSINESS WIRE) -- FLIR Systems, Inc.
(Nasdaq:FLIR) announced today that it has formed a strategic partnership with
Max-Viz, Inc., also based in Portland, for the development, manufacture and
sales of enhanced vision systems for commercial and military aircraft. Enhanced
vision systems, which utilize infrared imagers, dramatically improve situational
awareness, enabling aircraft to more safely taxi, takeoff and land at night, in
poor weather conditions or when vision is otherwise obscured.
In addition to becoming a strategic investor in Max-Viz, FLIR will also provide
infrared imagers, manufacturing and engineering expertise and intellectual
property. Max-Viz will provide the end products as well as be responsible for
all sales and marketing activities.
"This new relationship with Max-Viz is another example of our long-term strategy
to partner with companies dedicated to the development of exciting new markets
for the application of infrared technology," said Earl R. Lewis, President and
Chief Executive Officer of FLIR Systems. "Together, we will bring a new level of
safety and efficiency to air transport and commercial aircraft operations,"
Lewis concluded.
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.
About Max-Viz
Max Viz develops Enhanced Vision Systems that use a proprietary combination of
optical and infrared sensors, signal processing and cockpit displays to provide
pilots with real-time images that enhance situational awareness in all lighting
and weather conditions.
CONTACT: FLIR Systems, Inc.
Jim Fitzhenry, 503/684-3731
www.flir.com
or
Investor Contact:
Neil Berkman Associates
310/277-5162
info@BerkmanAssociates.com
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