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POCATELLO, ID and PORTLAND, OR, Oct 16, 2006 (MARKET WIRE via COMTEX News Network) -- AMI Semiconductor (NASDAQ: AMIS), a designer and manufacturer of
state-of-the-art integrated mixed-signal and structured digital
products, and FLIR Systems (NASDAQ: FLIR), the world leader in
commercial infrared technology, today announced an agreement for high
volume manufacturing of uncooled microbolometer infrared detectors.
Under the agreement, FLIR will install its proprietary microbolometer
detector process at AMI Semiconductor's Class 1, eight-inch
fabrication facility in Pocatello, Idaho. The agreement will expand
current microbolometer detector manufacturing capability and will
also provide an opportunity to improve sensor yield by installing the
process in a Class 1 fabrication facility.
"We are pleased to expand on our already successful partnership with
AMIS," said Earl R. Lewis, President, CEO and Chairman of FLIR
Systems. "AMIS has supplied the CMOS read-out integrated circuit
(ROIC) portion of our detectors for several years. This
relationship, coupled with AMI Semiconductor's expertise in custom
process installations and Class 1 fabrication, makes them the logical
and obvious choice as our high volume microbolometer manufacturing
partner."
The implementation of FLIR's proprietary microbolometer production
process further demonstrates AMI Semiconductor's value as a foundry
for complex semiconductor components. The growth of thermal imaging
equipment in both the commercial and military markets requires the
high volume, high yield and low cost capabilities that the foundry
model offers. AMI Semiconductor's mixed-signal process,
manufacturing expertise, and extensive quality certifications make
the company an excellent source for FLIR's microbolometer arrays.
"This agreement deepens our existing partnership with FLIR Systems,"
said Chris King, AMI Semiconductor CEO. "Thermal imaging is a fast
growing market in which FLIR and AMIS can develop and supply superior
products. We anticipate this relationship to be a longstanding one,
benefiting both companies along with FLIR's customers."
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 www.FLIR.com.
About AMI Semiconductor
AMI Semiconductor (AMIS) is a leader in the design and manufacture of
silicon solutions for the real world. As a widely recognized
innovator in state-of-the-art integrated mixed-signal and structured
digital products, AMIS is committed to providing customers with the
optimal value, quickest time-to-market semiconductor solutions.
Offering unparalleled manufacturing flexibility and dedication to
customer service, AMI Semiconductor operates globally with
headquarters in Pocatello, Idaho, European corporate offices in
Oudenaarde, Belgium, and a network of sales and design centers
located in the key markets of the North America, Europe and the Asia
Pacific region. Forward-Looking Statements
The statements in this press release, including the quotes by Earl
Lewis and Chris King, are forward-looking statements within the
meaning of the Private Securities Litigation Reform act of 1995.
These 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
ability of both companies to fulfill their respective obligations
under the agreement discussed above, the continuing ability to
penetrate new market applications for thermal imaging products,
changes in the competitive environment, changes in demand for the
Company's products generally, product mix, the timing of customer
orders and deliveries, 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, actual purchases under existing agreements, the
continuing eligibility of the Company to act as a federal contractor,
the amount and availability of appropriated government procurement
funds as well as other risk factors 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, 2005. 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 such statements
after the date of this release.
Company contact: SOURCE: FLIR Systems, Inc. http://www.flir.com
Tony Trunzo
FLIR Systems, Inc.
(503) 498-3547
www.flir.com
