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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Flir Systems AB y CEDIP Infrared Systems unen sus fuerzas

FLIR Systems AB and CEDIP Infrared Systems join forces

12/02/2008

February 12, 2008

FLIR Systems AB becomes the majority shareholder of the company specialist in infrared, Cedip Infrared Systems, with the agreement closed on January 4, 2008.

With this transaction, the Cedip infrared cameras-related operations will be integrated in the Flir Systems thermography Division AB and eventually taking the Flir brand name.

Globally, this acquisition will allow a greater capacity in applications for r & d, will increase the powers of the main activities of companies and provide greater volume of production and distribution capacity. Essentially, it will allow to offer more products and systems to meet the specific needs of our customers around the world.

This operation will provide the customers of both companies direct access to the market's widest range for infrared cameras. Both Cedip and Flir Systems invest strong and constantly in both products of infrared cameras, and software development.

This joint venture will have the same spirit for both, ensuring a safe passage to the future for all our customers and distributors. However, the clients engaged in research and development of high level will be the main beneficiaries of this operation. The two companies already have a strong presence in the production of cameras for scientific applications and competition combined in this field will make the association between Cedip and Flir Systems a force to take into account.

This strengthening of Flir Systems will allow the ability to develop specific systems for r & d in different applications, with a wider range of combinations of cooled detectors. The Centre with the capacity for this type of infrared cameras will remain at the headquarters of Cedip in France. "The combined Flir and Cedip Infrared Systems thermography Division efforts will be the technology of infrared to a new dimension in many lands and have an exceptional ability of technological development for the benefit of all our customers as a result"", it says in relation to the agreement Arne Almerfors, President of the Flir Systems thermography Division."

"Work together with the Division of Flir thermography is a great opportunity for the development of the high level of CEDIP products." "The combination of the international network of sales and global experience of Flir technology of CEDIP, represents an immediate advantage for all customers and markets in which we provide services," says Pierre Potet, President of Cedip Infrared Systems.

After the acquisition, Flir Systems will provide the broader range of the market in infrared cameras
After the acquisition, Flir Systems will provide the broader range of the market in infrared cameras.

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