ICx Technologies Awarded $4.9 Million R&D Contract under DHS's ‘Detect to Protect’ project
Arlington, Va. (Date) – ICx Technologies (Nasdaq: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has won a $4.9 million, Phase IIb research and development contract under the Department of Homeland Security’s ‘Detect to Protect’ project, which was previously called the IBADS program. The project is designed to develop rapid sensors that can influence immediate actions to limit exposure to an attack involving biological agents.
This is the third such award ICx has won in conjunction with this program. The objective of Phase IIb is to finish prototype development for a system that will be able to detect and identify a list of ten bioterrorism threats, including bacteria, viruses, and toxins, all with a response time of 15 minutes or less.
The process is completely automated and includes the efficient extraction of DNA and RNA from an environmental sample, purification of the DNA/RNA, amplification via multiplex polymerase chain reaction (PCR) techniques, and identification of the threat-specific DNA sequences. The platform can also concurrently perform immunoassays to detect toxins in less than ten minutes.
The technical approach is particularly amenable to portable battery-power operation. In addition, the system can be expanded to cover up to 50 different threats.
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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