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Aircraft Medical Enters Anaesthesia Monitoring Market With Acquisition of Morpheus Medical, S.L.
Date:5/25/2009

y portable video laryngoscope.

Matt McGrath, CEO of Aircraft, said: "The acquisition of Morpheus provides us with an excellent platform to expand our product offering in the anaesthesia and critical care markets and is an important step towards achieving our strategic goal of becoming a global technology leader in these markets. We will continue to review appropriate license and acquisition opportunities to achieve this goal, as well as growing our business organically."

Erik Webber Jensen, founder of Morpheus, said: "The combination of Aircraft and Morpheus represents a strong strategic fit for both groups. Aircraft's competencies in leading edge design and engineering complement Morpheus' portfolio and technology. Bringing these companies together greatly strengthens the range of products we can offer to anesthesiologists and critical care specialists."

Background

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 Australasia. 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
    Jonathan Birt: +44(0)207-269-7205
    John Dineen: +44(0)207-269-7205



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SOURCE Aircraft Medical
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