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.
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 URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2002 Business Wire. All rights reserved.