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Flir Systems, Inc. Q1 2008 Earnings Call Transcript

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2008-04-24 13:37:06.0

Tags: FLIR Systems Inc.

Question-and-Answer Session

Yes sir. [Operator Instructions]. Your first question comes from the line of Brian Gesuale.

Brian Gesuale - Raymond James

Good [ph] quarter.

Earl R. Lewis - Chairman, President and Chief Executive Officer

Thank you.

Brian Gesuale - Raymond James

I am wondering that, if you guys will care, maybe have Arne share a little bit more detail on the product strategy and thermography, talk about maybe some of the new products that you expect to really hit and how the synergies with the distribution are really going to drive that business going forward?

Earl R. Lewis - Chairman, President and Chief Executive Officer

Yes, that's about a half an hour answer, Brian.

Arne Almerfors - Executive Vice President and President, Thermography Division

Let me just say that we have our roadmap for the total spectrum of products and the high volume product development that goes on and has been going on for certain period of time has been complimented by the acquisition of factory in Astomia and the Extech distribution company and that's just to support the growth going forward and we have continued to develop products in both ends of our total product setup which means higher and the lower. And we expect to see more of higher volume come through moving forward to the low-end side. And it's going to come as we said in our comments here already in Q2.

Brian Gesuale - Raymond James

Okay, terrific, maybe just one other question on the financial side. Can you talk about legal expenses, how they were incurred in the quarter and maybe how expect those to go out through on the year?

Earl R. Lewis - Chairman, President and Chief Executive Officer

I guess we are not going to say what they were but they are too much.

Brian Gesuale - Raymond James

They always are.

Earl R. Lewis - Chairman, President and Chief Executive Officer

And unfortunately they'll probably remain fairly high for us throughout this year, due to couple of issues that we hope will be solved by the end of the year. But there are running higher than we'd like them, that's for sure.

Brian Gesuale - Raymond James

Okay. Great, thanks a lot guys.

Operator

And your next question comes from the line of Antonio Antezano.

Antonio Antezano - Bear Stearns

Good morning.

Earl R. Lewis - Chairman, President and Chief Executive Officer

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