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PORTLAND, Ore., Oct 17, 2002 (BUSINESS WIRE) -- FLIR Systems, Inc.
(Nasdaq:FLIR) announced today that it has introduced a new line of thermal
imaging cameras for the burgeoning US and international security market. The new
ThermoVision® Security™ camera utilizes FLIR's world leading infrared
technology to provide an economical solution to commercial and industrial
security applications. Designed specifically for life and safety, security, and
surveillance applications, this new infrared camera provides clear images in
total darkness and through fog, dust and smoke -- conditions under which
standard visible cameras or cameras with infrared illumination only typically
fail.
The ThermoVision Security cameras are ideal for integration into new and
existing video security networks. The small, weatherproof cameras connect in the
same manner as conventional CCD cameras and provide the same video output. The
cameras are available with a range of lens choices suitable for indoor,
close-range applications to medium-range outdoor applications. Applications for
the new product include industrial perimeter security, high value asset
protection, warehouse surveillance and security for bridges, dams and harbors.
"The introduction of this new camera for the industrial security market
utilizing low cost uncooled technology will further bolster FLIR's growing
presence in this exciting new market," said Earl Lewis, Chief Executive Officer
of FLIR Systems. "Together with our existing line of medium to long range
products, this new product family will allow FLIR to offer a solution for most
any security need."
FLIR has received a multi-unit order for the new camera line for a security and
safety application at a US National Laboratory. Deliveries of the new product
will commence this quarter.
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
newsgathering 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 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: the impact of competitive products and
pricing, constraints on supplies of critical components, excess or shortage of
production capacity, actual purchases under purchase agreement from the
customer, 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.
CONTACT:
Copyright © 2002 Business Wire. All rights reserved.
FLIR Systems, Inc., Portland
Dwight Dumpert, 503/684-3731
www.flir.com
or
Neil Berkman Associates (Investor Contact)
310/277-5162
info@BerkmanAssociates.com
