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PORTLAND, Ore.--(BUSINESS WIRE)--May 5, 2003--FLIR Systems,
Inc.(Nasdaq:FLIR) today announced that it has received orders for over
50 cameras for use at airports, hospitals and other locations in
Taiwan and Korea. These cameras will be used to help detect fever, a
possible precursor to severe acute respiratory syndrome (SARS). The
cameras can accurately measure temperature and can be programmed to
detect body temperature. Airline passengers and visitors to hospitals
and other locations will be asked to look into the infrared camera for
a matter of seconds, which allows the camera to record facial
temperature. The ThermaCAM® line of thermography cameras features
accurate temperature measurement to one tenth of a degree, image
storage and image analysis capability and comes in a variety of
configurations, from lightweight hand held systems resembling a
flashlight in appearance to integrated fixed installations. The technology is non-intrusive, and measures infrared radiation,
or heat, that is emitted from all objects. Traditional applications
for this technology include predictive and preventive maintenance,
condition monitoring, research and development, and electrical and
building inspection. However, the technology has growing application
in all fields where temperature, or heat, can be used to assist in
evaluation, diagnosis or analysis. In addition to helping to contain
the spread of SARS, FLIR's new line of infrared cameras are ideal for
a wide range of homeland security and law enforcement applications,
such as protecting police officers in the field, nuclear power plants,
borders, bridges and landmarks, petrochemical facilities, airports,
hospitals, corporations, public areas or wherever the need for
security is required. "Given the growing concern about the spread of SARS, we are
pleased to be able to offer our thermal imaging products to assist in
its detection and possible prevention. This is another poignant
example of the growing applications for our thermography products,"
commented Earl R. Lewis, FLIR President and Chief Executive Officer. 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. Forward Looking Statements This release contains statements, including statements regarding
the long term growth potential in the Company's Thermography markets,
which are forward looking statements. 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: an inability of the Company to increase
sales of its products, a lack of sufficient funding available by
customers to procure such products, changes in procurement patterns
generally, the impact of competitive products and pricing, constraints
on supplies of critical components, excess or shortage of production
capacity, actual purchases under existing 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,
2002. 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.
SOURCE: FLIR Systems, Inc.
CONTACT: FLIR Systems, Inc. Jim Fitzhenry, 503/684-3731
www.flir.com
or
Neil Berkman Associates
Investor Contact, 310/277-5162
info@BerkmanAssociates.com
