Andor Management Change

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Belfast, Northern Ireland, 31 March, 2014 -- Andor Technology, an Oxford Instruments company and a world leader in scientific imaging and spectroscopy solutions today announces the appointment of Gary Wilmot as Managing Director. Gary replaces Conor Walsh, who will be stepping down from the role, effective 1st May.

Conor Walsh joined the company in 2002 as Finance Director and Company Secretary and was instrumental in Andor’s listing on the London Stock Exchange in December 2004. He was appointed CEO in May 2007 and under his leadership revenue grew by 157% and profitability by 407% resulting in an increase in the market value of Andor from £25m to £176m. The number of people employed in Andor also grew by over 200 to 410 employees worldwide.

Gary Wilmot joined Andor in 2007 as Director of Engineering, trebling the size of the engineering team and leading the development of some of the most innovative products in the scientific imaging market. A Queen’s University graduate, Gary obtained an MSc from Cranfield Institute and an MBA from Warwick Business School where he majored on business strategy. More recently he attained the IOD Diploma in Company Direction.

In response to his appointment, Gary said “Under Conor’s stewardship, Andor has become a globally successful company, and I am honoured and proud to follow him in leading such a dedicated team on the next step of our journey. We all thank Conor for his commitment to Andor and wish him every success. This is an exciting time as we continue our integration into Oxford Instruments. Our focus remains on our strategy for growth through the development of new products and I look forward to a successful future for our business.”

Enquiries:

For further information please contact Victoria Gault on +44 (0)28 9023 7126, email press@andor.com, or visit http://www.andor.com.

Issued for and on behalf of Andor Technology Ltd

About Andor

Andor is a global leader in the pioneering and manufacturing of high performance scientific imaging cameras, spectroscopy solutions and microscopy systems for research and OEM markets. Andor has been innovating the photonics industry for over 20 years and continues to set the standard for high performance light measuring solutions, enabling its customers to break new ground by performing light measurements previously considered impossible. Andor’s digital cameras, are allowing scientists around the world to measure light down to a single photon and capture events occurring within 1 billionth of a second

Andor now has over 400 staff across 16 offices worldwide, distributing products to over 10,000 customers in 55 countries. Andor’s products are used in a wide range of applications including medical research to further the understanding of heart disease, cancer and neuronal diseases such as Alzheimer’s and Parkinson’s disease. Andor also has applications for forensic science and astronomy. Through continuous dialogue with customers and strong teamwork, Andor continues to innovate ground-breaking products that improve the world in which we live.

About Oxford Instruments plc

Oxford Instruments designs, supplies and supports high-technology tools and systems with a focus on research and industrial applications. Innovation has been the driving force behind Oxford Instruments' growth and success for over 50 years, and its strategy is to effect the successful commercialisation of these ideas by bringing them to market in a timely and customer-focused fashion.

The first technology business to be spun out from Oxford University, Oxford Instruments is now a global company with over 2300 staff worldwide and is listed on the FTSE250 index of the London Stock Exchange (OXIG). Its objective is to be the leading provider of new generation tools and systems for the research and industrial sectors with a focus on nanotechnology. Its key market sectors include nano-fabrication and nano-materials. The company’s strategy is to expand the business into the life sciences arena, where nanotechnology and biotechnology intersect

This involves the combination of core technologies in areas such as low temperature, high magnetic field and ultra high vacuum environments; Nuclear Magnetic Resonance; x-ray, electron, laser and optical based metrology; atomic force microscopy; optical imaging; advanced growth, deposition and etching.

Oxford Instruments aims to pursue responsible development and deeper understanding of our world through science and technology. Its products, expertise, and ideas address global issues such as energy, environment, security and health.

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