ICx Technologies Wins $2.3 Million Contract to Develop Modular Tactical Detection System for Bio-Threats
WASHINGTON (Feb. 5, 2008) – ICx Technologies (NASDAQ:ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has been awarded a $2.3 million contract by the U.S. Department of Defense (DoD) to develop a modular detection system intended to protect U.S. troops in the battlefield from potential bio-threats.
The ICx Modular Tactical Detection System is comprised of a continuously sampling, near-real-time, bio-threat detector that will automatically alert troops to a potential bio-threat. Once the alarm goes off it triggers the aerosol collector and an identifier, which can detect if the aerosol that created the alarm is a harmful biological agent. The unit is designed to accomplish all this in less than 20 minutes.
The contract includes refinement of the components, followed by system assembly and then testing in real-world environments through the DoD’s Joint Biological Tactical Detection System (JBTDS) program in 2008.
"Our Modular Tactical Detection System leverages the previous work we did on our Tactical AirSentinel and marries highly advanced sampling and identification capabilities to achieve affordability and real-world practicality," said Colin Cumming, president of ICx Detection. "The system will be designed for use in the battlefield, and will also be applicable to a variety of homeland security and critical infrastructure security applications in commercial high-rise buildings, federal buildings or transportation facilities."
"Congratulations to ICx and all of your employees for a job well-done," said Congresswoman Heather Wilson. "New Mexico makes important contributions to our national defense. Our Air Force bases, our national labs, and companies like ICx provide the technical know-how to keep our troops safe. Once again, New Mexico is at the forefront. We're proud of what you do."
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.
All trademarks, registered trademarks and service marks are the property of their respective owners.
Media Contacts
Angel Bennett
FLIR, Systems, Inc.
2800 Crystal Drive, Suite 330
Arlington, VA 22202
angel.bennett@flir.com
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