AGM Statement

RNS Number : 0777C

Aortech International PLC

27 August 2008

 



For Immediate Release

August 27, 2008

AorTech AGM Statement

At the Annual General Meeting of AorTech International plc to be held 27 August 2008, Acting Chairman Stuart Rollason, (standing in for Chairman Jon Pither) will make the following statement regarding AorTech's recent Final Results from the period from 1 October 2007 to date:

'The widespread adoption of Elast-Eon™ technology and its success in human clinical applications under numerous customer licences is continuing to progress well. We expect further growth from our polymer licensing and supply business segment.

'We are particularly excited about the potential for our emerging component business.  This would be an important additional revenue stream.  

“There have been no significant changes in the financial position of the Company since 31 March 2008.'

The eleventh Annual General Meeting of AorTech International plc will be held in the Mansfield Room of the Marriott Hotel Chancery Court, 252 High Holborn London, WC1V 7EN on 27 August 2008 at 10:00 am.

- Ends -

For further information please contact:

AorTech International plc

Frank Maguire, Chief Executive

Tel: + 1 801 201 4336

Evolution Securities
Bobbie Hilliam / Chris Clarke

Tel: [phone]

AorTech International plc

Sarah Price, Investor Relations

Tel: + 1 801 550 4349

e-mail [e-mail]

Notes to Editors:

About AorTech International plc

AorTech is the developer and manufacturer of Elast-Eon the world's leading biostable implantable silicone-urethane copolymer. The company is publicly listed in the UK on the Alternative Investment Market exchange (AIM:AOR) with dedicated sales and market development specialists in the US, and its 20,000 square foot ISO-Certified Technology and Biomaterials Manufacturing Center located in Melbourne, Australia.

For additional information go to: www.aortech.com

 

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