Extech Instruments Announces Agreement to Be Acquired by FLIR Systems Inc.

Extech Instruments, a major supplier of test and measurement equipment and portable receipt printers with distribution in over 90 countries, announces that the company’s president and owner, Jerry Blakeley, has
entered into an agreement in which the stock of Extech will be acquired by FLIR Systems Inc. FLIR is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems. The
transaction, which is subject to standard closing conditions, is expected to be completed within the fourth quarter.
“This is an exciting opportunity for Extech, our customers, our distributors, and our employees,” said Blakeley. “This acquisition
will create new opportunities in distribution, product development and branding, which will extend and strengthen Extech’s position in
competitive markets.”