ICx Technologies Awarded Multi-Year Contract for Specialty Radar System for Robots
WASHINGTON (Mar. 18, 2008) – ICx Technologies (ICXT: NASDAQ), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has secured from General Dynamics Robotic Systems a multi-year, indefinite-delivery, indefinite-quantity (IDIQ) follow-on contract for the Mobile Detection Assessment and Response System (MDARS) Intruder Detection Radar Sensor.
MDARS, a program of the Army’s JPEO-CBD – PM Force Protection Systems, is a nimble robotic patrol force on wheels, designed to perform random patrols around Department of Defense warehouses, airfields, ammunition supply depots, and port facilities. It detects intruders and determines the status of inventory, barriers, and locks.
The high-performance radar will be based on ICx Technologies’ industry-leading high resolution STS-350 radar, but will have the added ability to scan at a higher angle with further range. The initial award is for five systems, with additional quantities in the out years.
“We are pleased to be able to provide this mission-critical radar for MDARS,” said Pierre Poitevin, President ICx Radar Systems. “We’ve partnered with General Dynamics Robotic Systems on this project for quite some time now, and we continue to upgrade our products to fit our customer’s mission and needs.”
ICx manufactures the most sensitive ground-based security radars, with the unique ability to detect slow moving, and crawling targets in a variety of environments. ICx also provides thermal cameras, video C2 and analytic software, and complete, integrated systems. It is also well known for its SkyWatch and Cerberus Towers, which can be outfitted with all the above to provide a complete wide-area-surveillance or perimeter solution.
About ICx Technologies™
ICx Technologies is a leader in the development and integration of advanced sensor technologies for homeland security, force protection and commercial applications. Our proprietary sensors detect and identify chemical, biological, radiological, nuclear and explosive threats, and deliver superior awareness and actionable intelligence for wide-area surveillance, intrusion detection and facility security. We then leverage our unparalleled technical expertise and government funding to address other emerging challenges of our time ranging from a cleaner environment, alternative energy to life science.
Statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements, including statements relating to ICx Technologies' plans, objectives and expectations for future operations, are uncertain and subject to a variety of risks that could cause actual results to differ materially from those expected by ICx Technologies. You should consider the risk factors described in ICx Technologies' prospectus as filed with the U.S. Securities and Exchange Commission on November 8, 2007, as well as other filings.
The above mentioned contract does not guarantee future revenues and is subject to significant risks and uncertainties which are difficult to predict. Actual results may differ due to a variety of factors, including, without limitation, changing priorities in government budgets, termination due to unilateral government action, and differences in actual and anticipated contract performance, including performance by ICx and other contractors, suppliers and subcontractors.
ICx Technologies undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Media Contact
Vicki Contavespi
Public Relations Director
ICx Technologies, Inc.
2100 Crystal Drive, Suite 650
Arlington, VA 22202
T+ 703.678.2136
M+ 571.209.7660
F+ 703.678.2112
vicki.contavespi@icxt.com