| Bernard M. Gordon Chairman & CEO (978) 977-3000 |
Analogic Corporation Announces
John W. Wood Jr. to be New President
PEABODY, MA (March 11, 2003) - Bernard M. Gordon, founder, Chairman of the Board and Chief Executive Officer of Analogic Corporation (NASDAQ: ALOG), announced today that the Board of Directors has selected John W. Wood Jr. to be President of the Company. Mr. Wood will join Analogic in April.
Most recently Mr. Wood has served as President of Peek Ltd., a Division of Thermo Electron Corporation, and as a Senior Vice President of the parent company. Prior to that he served for a number of years as President and Chief Executive Officer of Thermedics, a majority owned public subsidiary of Thermo Electron. Mr. Woods education includes a Bachelors degree in Electrical Engineering from Louisiana Tech University and a Masters Degree in Electrical Engineering from the Massachusetts Institute of Technology.
Mr. Gordon commented, We are pleased to have a recognized industry leader with Johns vision and experience join the Analogic team. His considerable engineering knowledge, and his proven leadership and management skills are important assets for the future of the Company. Our Senior Management Group and I will be working closely with John during the next several months to assist him in making a smooth transition to leader of the Company.
I am very proud to become part of Analogic, noted Wood. The Company has a long and enviable history of engineering innovation, particularly in medical imaging applications. Recently the Companys substantial engineering and scientific staff has achieved major advances in security imaging as well, building on the unique, inventive engineering culture Bernard Gordon has established at Analogic. I look forward to working closely with the Companys experienced management team and to contributing to the Companys long-term growth in both health and security imaging technology.
Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to Original Equipment Manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Computed Tomography (CT), Digital Radiography (DR), Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring, Cardiovascular Information Management, and Embedded Multiprocessing.
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