Aircraft Reports Material Expansion and Staff Increase

EDINBURGH, Scotland - Aircraft Medical (Aircraft), the UK medical devices company, announces that it has added 25 new staff to its R&D, business development and sales teams since January 2009.

The appointment of key staff is in line with the Company’s commitment to expanding the Company’s Anaesthesia & Critical Care offering and increasing its focus on business development and R&D activities.

In May 2009, Aircraft acquired Barcelona based Morpheus Medical (now trading as Aircraft Medical (Barcelona), S.L.), the developer of a novel Index of Consciousness monitoring technology. That acquisition brought Morpheus’ founder Erik Weber Jensen and his team to Aircraft who have added significant research, biomedical engineering and software capabilities, all focused in Anaesthesia patient monitoring. These skills complement Aircraft’s strengths in industrial and mechanical design.

Aircraft has also enhanced R&D capabilities in order to develop a broader range of Anaesthesia & Critical Care devices for its customers. It has recruited a number of new executives with experience of working with leading companies including Sony, Nokia and Philips.

Similarly, the Company has expanded its electronics team. These personnel have developed technology for clients such as IBM, Intel and Nokia, and a range of other technology companies. Aircraft also welcome to the company an in-house Tooling Designer who has led the design of medical device production tooling for clients such as Smiths, GlaxoSmithKline and GE. Aircraft now has a full cycle development capability, from clinical research and ideas creation, to product development and production.

Aircraft’s Sales & Marketing infrastructure has been expanded to develop and grow the business with both existing and new distributors in new markets. The enlarged team benefits from new personnel with both direct sales and distributor support experience gained at large companies such as Datex-Ohmeda (now-GE), Cardinal Health and Hudson, as well as smaller medical technology companies.

Matt McGrath, CEO of Aircraft, said: “Over the last several months, Aircraft has been able to attract a number of very high calibre individuals, with proven track records at a variety of leading technology, pharmaceutical and life science companies. These appointments substantially improve our capabilities and represent a key milestone as the Company’s transforms into a global medical technology business.”

Aircraft expects to continue to recruit over the rest of 2009 and in 2010 to match the Company’s strong growth prospects.

About Aircraft Medical

Aircraft Medical is the manufacturer of the McGrath(R) Series 5, the world’s first fully portable video laryngoscope. Its compactness, and a cable free design, means the life saving benefits of video laryngoscope technology can fit in the pocket of a paramedic or mobile user. As a result, it is immediately available for use in potentially life threatening cases. The McGrath(R) Series 5 is leading the growth of the portable video laryngoscope market with distribution in North America, Europe and Asia Pacific. Matt McGrath, Aircraft Medical’s CEO, was last year named “Young Scot of the Year” by the Institute of Contemporary Scotland in recognition of the invention of McGrath(R) Series 5 and its advancement of healthcare and subsequent international success.

Contact: Financial Dynamics Tel: +44(0)207-831-3113 Ben Atwell, Jonathan Birt, John Dineen

Source: Aircraft Medical

Contact: Financial Dynamics, Tel: +44(0)207-831-3113, Ben Atwell, Jonathan Birt, John Dineen