PORTLAND, OR--(Marketwire - April 8, 2008) - FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired the stock of Ifara Tecnologias, S.L., a leading provider of middleware and client application software used to create sensor networks, for EUR 7.0 million cash.

Based in Madrid, Spain, Ifara develops software technology, hardware, and developer tools used for the creation and maintenance of sensor networks for applications such as security and surveillance, force protection, reconnaissance, and maritime. Ifara's middleware sensor platform, known as Nexus, is a turnkey solution based on an open, modular and flexible architecture. Nexus offers connectivity and integrated control of a variety of different sensors, including thermal and CCTV cameras, fence and ground sensors, alarm contacts, UAVs and radars. With Ifara's technology, FLIR will be able to provide its customers with the capability to easily and seamlessly integrate a wide variety of sensors as required for any given project.

FLIR anticipates that Nexus will ultimately become a standard feature in many products within FLIR's Commercial Vision Systems and Government Systems divisions. In addition, Nexus features such as geo-referencing and video analytics will be sold separately to integrators and other customers. Ifara will operate as a separate business unit within FLIR's Commercial Vision Systems division.

"We are pleased to announce this transaction," commented Earl Lewis, Chairman, President and CEO of FLIR. "Ifara has been an outstanding partner to FLIR over the past several years and we believe bringing them in-house will accelerate the adoption of Ifara's complementary technology and help drive growth in key FLIR market segments. We welcome Ifara's skilled and experienced team to FLIR."

Forward-Looking Statements

The statements in this press release by Earl Lewis and the statements regarding the addition of Ifara's products, features, and technologies 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 and Ifara'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 possibility that the Company will experience difficulties in the integration of the operations, employees, strategies, technologies and products of Ifara, the potential inability to realize expected benefits and synergies, changes in demand for the Company's products, the impact of competitive products and pricing, 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.

About FLIR Systems

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security. Visit the Company's web site at www.FLIR.com.

Contact Information: Company contact: Tony Trunzo FLIR Systems, Inc. (503) 498-3547 www.flir.com