Financial Update

PEABODY, MA (March 1, 2005) - Analogic Corporation (NASDAQ: ALOG) today announced that it will conduct an investor conference call on Thursday, March 10, at 11:00 a.m. ET to discuss results for the second quarter ended January 31, 2005. Those results will be released before the market opens on March 10. The conference call will include John W. Wood Jr., President & CEO; John J. Millerick, Senior Vice President, CFO, & Treasurer; and Alex A. Van Adzin, Vice President & General Counsel. Brief presentations by management will be followed by a question-and-answer session.

To participate in the conference call dial 1-888-282-6043 approximately five to ten minutes before the conference is scheduled to begin. Inform the operator that you wish to join the Analogic Conference. You will then be asked for your name, organization, and telephone number and be connected to the Conference.

The call also will be available via a webcast. To listen to the webcast, visit www.analogic.com approximately five to ten minutes before the conference is scheduled to begin.

A telephone digital replay will be available approximately two hours after the call is completed through Friday, March 11. To access the digital replay, dial 1-800-642-1687. The conference ID number is 4523350.

The replay of the conference call webcast will be archived at www.analogic.com approximately three hours after the call is completed and will be available through Thursday, March 31.

For more information, visit www.analogic.com, call 978-977-3000, x. 3213, or email proberts@analogic.com.

Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold 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.