FLIR Systems Announces Introduction of Its New InfraCAM(R) Low Price Thermal Imaging Camera10 March 2006
FLIR Systems, Inc (NASDAQ: FLIR), todayannounced the introduction of its new InfraCAM® low cost thermal imagingcamera. InfraCAM is the lowest price full function thermography cameraever offered by FLIR, and is targeted at the emerging market for low cost,high performance thermal imaging cameras for commercial applications suchas building inspection and electrical contracting. InfraCAM is beingoffered at a suggested retail price of $6,750 in the United States, andbelow EUR 6,000 internationally. InfraCAM is targeted at emerging marketsfor thermography such as building inspectors and electrical contractors andis expected to stimulate significant market demand. All InfraCAM unitsworldwide will use uncooled infrared detectors designed and produced atFLIR's Santa Barbara facility. The launch is being accompanied by thedelivery of several hundred systems to distributors worldwide, and aworldwide marketing and communication campaign. FLIR also announced the introduction of its new ThermoVision E-Series®product line, incorporating higher resolution sensor arrays thatsubstantially improve imaging performance. The new cameras have four timesthe resolution of most previous E-Series cameras. The new E-Seriesproducts represent an attractive alternative for customers with higherperformance requirements. "Our introduction of the InfraCAM represents a groundbreaking price pointfor infrared thermography systems, and demonstrates the enormous value weare seeing from the Indigo acquisition and the ability to design andproduce our own low cost high performance infrared detectors," commentedEarl Lewis, President and Chief Executive Officer of FLIR Systems, Inc."The InfraCAM is the latest product in our strategy of opening large newmarkets to the benefits of infrared technology. This is truly arevolutionary product at a revolutionary price," he concluded. About FLIR Systems FLIR Systems, Inc. is a world leader in the design, manufacture andmarketing of thermal imaging and stabilized camera systems for a widevariety of thermography and imaging applications including conditionmonitoring, research and development, manufacturing process control,airborne observation and broadcast, search and rescue, drug interdiction,surveillance and reconnaissance, navigation safety, border and maritimepatrol, environmental monitoring and ground-based security. Visit theCompany's web site at www.FLIR.com. Forward-Looking Statements The statements in this press release related to the Company's expectationsfor the opening of new large markets, the stimulation of significant marketdemand, the attractiveness of the higher resolution ThermoVision E-Seriescamera and the success of the InfraCAM are forward-looking statementswithin the meaning of the Private Securities Litigation Reform act of 1995.These statements are based on current expectations, estimates andprojections about the Company's business based, in part, on assumptionsmade by management. These statements are not guarantees of futureperformance and involve risks and uncertainties that are difficult topredict. Therefore, actual outcomes and results may differ materially fromwhat is expressed or forecasted in such forward-looking statements due tonumerous factors, including the continuing ability to penetrate new marketapplications for thermal imaging products, changes in the competitiveenvironment, the Company's ability to manufacture sufficient volumes ofInfraCAM and actual demand for InfraCAM, changes in demand for theCompany's products generally, product mix, the timing of customer ordersand deliveries, the impact of competitive products and pricing, theCompany's continuing compliance with US export control laws andregulations, the timely receipt of export licenses for internationalshipments, constraints on supplies of critical components, actual purchasesunder agreements, the continuing eligibility of the Company to act as afederal contractor, the amount and availability of appropriated governmentprocurement funds as well as other risk factors discussed from time to timein the Company's Securities and Exchange Commission filings and reports,including the Company's Annual Report on Form 10-K for the year endedDecember 31, 2005, In addition, such statements could be affected bygeneral industry and market conditions and growth rates, and generaldomestic and international economic conditions. Such forward-lookingstatements speak only as of the date on which they are made and the companydoes not undertake any obligation to update such statements after the dateof this release. Investor ContactTony TrunzoFLIR Systems, Inc.(503) 498-3547 www.flir.com SOURCE: FLIR Systems, Inc.
Source: marketwire
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