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ICx Technologies, Inc. Securities Litigation

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ICx Technologies, Inc. (NasdaqGM: ICXT) shareholder litigation in connection with
alleged unfair takeover offer

On August 16, 2010, ICx Technologies, Inc. (“ICXT” or the “Company”) announced that
it had agreed to sell the Company to FLIR Systems Inc. ("FLIR") (NasdaqGS: FLIR).
Under the terms of the transaction, ICXT shareholders will receive $7.55 in cash for
each ICXT share of common stock they own for a total transaction value of
approximately $274 million.

The investigation concerns whether the ICXT Board of Directors breached their
fiduciary duties to ICXT stockholders by failing to adequately shop the Company
before entering into this transaction and whether FLIR is underpaying for ICXT shares,
thus unlawfully harming ICXT stockholders. In particular, ICXT stock traded in excess
of $8.00 per share as recently as July 28, 2010 and the mean target price for ICXT
stock set by analysts is $9.00 per share with at least one analyst setting a price target
of $10.00 per share.

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