London, England 8/13/08—The independent directors of Andor Technology, an London AIM listed manufacturer of spectrometers, microscopes and scientific cameras, have recommended the company accept an offer from Thorndale for 73 pence ($0.0139) in cash per share, or £21.8 million ($41.5 million). The offer represents a 30.4% premium over the stock’s closing price on July 23, the last day before the offer was made. Thorndale was formed by private equity investors and Andor management in order to make the purchase. For the year ended September 2007, Andor’s revenues rose 10.5% to £21.3 million ($40.6 million) and operating profit was up 1.2% to £1.4 million ($2.7 million). Pending shareholder approval, the purchase is expected to close in early October.