ICx Technologies’ Advanced BioDefense R&D Lab Named One of Southern Oregon’s Most Innovative Companies
WASHINGTON (June 5, 2008) - ICx Technologies (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that its advanced research and development lab, located in Grants Pass, Ore., has been named one of the 21 most innovative firms in Southern Oregon by the Southern Oregon Regional Economic Development, Inc. (SOREDI).
Recognition of ICx Technologies' presence and continued growth in Southern Oregon will be showcased at the annual event on June 25, and the General Manager of the lab,
Robert Beckius, will speak at the dinner, which is themed, "Innovative Southern Oregon - Powered by Talented People."
The lab initially won a $3.4 million Department of Homeland Security R&D contract in 2006 to develop a sophisticated and highly sensitive trigger for low-cost, bio-aerosol detection, and is now working on the next-generation of this advanced technology. Such triggers are used, for example, in ICx Technologies' AirSentinel®, a sensor that detects biological threats and particulate-levels in office buildings.
SOREDI (Southern Oregon Regional Economic Development, Inc.) is committed to developing and nurturing economic partnerships among private, community, and public entities that will collectively build employment opportunities, diversify the economy, and promote the creation of jobs with wages and benefits higher than the regional average.
"The timber industry and tourism are, historically, the economic drivers in Southern Oregon," said Beckius, "so we're extremely proud to receive this recognition, and we hope our efforts, along with SOREDI's continued work, will help bring awareness and sustainable high-tech jobs to this part of the country."
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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