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Flir to Settle Pending Litigation

Photonics.com
May 2011
PORTLAND, Ore., May 24, 2011 — Flir Systems Inc. has settled its litigation with William J. Parrish and E. Timothy Fitzgibbons (“Plaintiffs”), pending from a 2008 suit. The litigation arose from the company’s acquisition of Indigo Systems Corp. in 2004, the Plaintiffs’ ensuing employment with Flir and litigation between the parties filed by Flir in 2006.

Under the terms of the settlement, Flir will make a $39 million cash settlement to the Plaintiffs for dismissal of all claims in the current litigation and nonexclusive license for use of certain infrared technology.

The case was pending in the California Superior Court in Santa Barbara County.

Flir Systems designs, manufactures and markets sensor systems that enhance perception and awareness. Its thermal imaging and threat detection systems are used for a variety of imaging, thermography and security applications.

For more information, visit: www.flir.com  



GLOSSARY
thermal imaging
The process of producing a visible two-dimensional image of a scene that is dependent on differences in thermal or infrared radiation from the scene reaching the aperture of the imaging device.
thermography
The recording of a scanned pattern on a photographic medium, utilizing the infrared radiation naturally emitted by the object, as well as infrared receptors, such as photoelectric cells.
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