ICx Technologies Transportation Division Awarded a $4.25 Million Contract with Hawaii Department of Transportation for Multi-Year, System Manager Services
WASHINGTON (Sept. 4, 2008) - ICx Technologies (Nasdaq GS: ICXT), a technology and sensor company focused on the detection, security, and transportation markets, announced today that its Transportation business unit has been awarded a $4.25 million, task-order-based contract to provide system manager services to the Oahu District of the Hawaii Department of Transportation.
ICx Transportation will assist HDOT in all aspects of its Intelligent Transportation System (ITS) deployment. Services will include ITS planning, support for implementation, and system integration. The initial focus of HDOT's ITS program includes traveler information, transportation management, emergency management and management support of the recently awarded Freeway Service Patrol Program. HDOT will employ a range of technologies to meet its program needs, including field detection, state-of-art public information dissemination and transportation-management systems.
This win follows a $15.6 million contract ICx Transportation was awarded in June to manage the technology portion of a multi-million-dollar "Bus Rapid Transit" transportation upgrade project administered by the Orange County Transportation Authority (OCTA) in California.
"We are pleased to see continuing momentum in this important growth market," said
Hans Kobler, president and CEO of ICx Technologies. "This marks our second large win, and provides great confirmation of our team's capabilities."
Work on the program began in July 2008 and is expected to continue through 2012.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. The Company’s advanced thermal imaging and threat detection systems are used for a wide variety of imaging, thermography, and security applications, including airborne and ground-based surveillance, condition monitoring, research and development, manufacturing process control, search and rescue, drug interdiction, navigation, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) detection. Visit the Company's web site at www.FLIR.com.
The statements in this release by Earl R. Lewis, and the other statements in this release about the award 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 award 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 U.S. 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.
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Media Contacts
Angel Bennett
FLIR, Systems, Inc.
2800 Crystal Drive, Suite 330
Arlington, VA 22202
angel.bennett@flir.com
