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adobe pdf icon Analogic Corporation Announces Plan to Adopt Majority Voting for Board of Directors

Analogic Corporation Announces Plan to Adopt Majority Voting for Board of Directors

Analogic Corporation Announces Plan to Adopt Majority Voting for Board of Directors

PEABODY, Mass.–(BUSINESS WIRE)–Aug. 11, 2008–Analogic
Corporation announced today that the Company’s Board of Directors
intends to present a proposal for director majority voting for
approval by the Company’s stockholders. The proposal will be included
in the proxy for the Company’s January 2009 annual stockholders
meeting. If the proposal is approved, the Company’s Articles of
Organization and By-laws will be amended to require that a director
standing for election in an uncontested election receive a majority
affirmative vote of the shares cast in his or her election.

Subject to approval of this amendment, the Board also adopted a
director resignation policy. In the case of an uncontested election,
an incumbent director who does not receive a majority affirmative vote
would be required to tender his or her resignation. The resignation
would be considered by the Nominating and Corporate Governance
Committee and acted upon by the Board of Directors within ninety (90)
days of the election.

According to Jim Green, Analogic’s President and CEO, “the
majority voting initiative affirms our Company’s continuing commitment
to sound corporate governance. We look forward to receiving
shareholder approval of the proposal.”

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 Automatic Explosives
Detection, Computed Tomography (CT), Digital Radiography (DR),
Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring, and
Advanced Signal Processing. For more information, visit
www.analogic.com.

CONTACT: Analogic Corporation
Jim Green, 978-326-4000
President & CEO
or
Paul M. Roberts, 978-326-4213
Director of Communications &
Investor Relations
proberts@analogic.com

SOURCE: Analogic Corporation