N@N

FLIR Systems, Inc.: FLIR Systems Announces Initial $2.4 Million Order for Saudi Border Program

^{Published on 2009-07-14 13:13:08, Last Modified on 2009-07-14 13:13:14 - Market Wire}
 

PORTLAND, OR--(Marketwire - July 14, 2009) - FLIR Systems, Inc. (NASDAQ: [ FLIR ]) announced today that it has received an initial $2.4 million order for its long-range HRC Multi-Sensor Systems from EADS Deutschland GmbH, a global leader in aerospace, defense and related services. The units delivered under this order will be installed by EADS along the Saudi Northern Border for long-range security and surveillance missions under its recently awarded Saudi Border Guard Development Program (SBGDP). The systems will be deployed on towers along specific sectors of the border and will be networked with radar and other sensing equipment to form an integrated system.

Work will be performed at FLIR's facilities in Danderyd, Sweden and Madrid, Spain. Deliveries under this order are expected to be completed in 2009.

"We are pleased to be selected by the Saudi MOI and EADS for this initial installation of long-range infrared and visible sensors on the Saudi Northern Border," said Earl R. Lewis, President and CEO of FLIR Systems. "This order again demonstrates our industry leading position in multi-sensor thermal imaging for border applications, and we look forward to continued participation in this important program as requirements develop."

Forward-Looking Statements

The statements in this release by Earl R. Lewis, and the other statements in this release about the order described above, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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: the ability to manufacture and deliver the systems referenced in this release, changes in demand for the Company's products, product mix, the timing of deliveries under the order discussed above, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, the ability of the Company to manufacture and ship products in the time period required, actual purchases under agreements, the Company's continuing compliance with US export control laws and regulations, the timely receipt of export licenses for international shipments, the continuing eligibility of the Company to act as a federal contractor, and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. 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, or for changes made to this document by wire services or Internet service providers.

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 ].