Edinburgh Instruments Appoint New CEO

Edinburgh Instruments Limited, Scotland – Edinburgh Instruments (EI), leading specialist in the manufacture and sales of photonics and electro-optics equipment and systems, is pleased to announce the appointment of Alan Faichney, (54) to the board as Chief Executive Officer, with effect 14 June 2010.

A highly experienced CEO, Faichney has been appointed to continue development of the business infrastructure and drive company growth.

Faichney spent 21 years at Concept Systems Limited as Technical Director and latterly Managing Director and built the business into one of the leading international suppliers of advanced IT systems, solutions and services to the E&P industry.

Following the acquisition of Concept Systems by Ion Geophysical (a leading, technology-focused seismic solutions provider) in 2004, Faichney joined Ion’s management team as Senior Vice President in charge of companywide R&D. He left Ion Geophysical in 2008 to join the high-growth software company DEM Solutions as Chief Operating Officer, where he concentrated his efforts on product development and management of the company infrastructure. He is also a Non Executive Director of OHM PLC and a Director of the Scottish Charity Hatwalk.

EI founder and former CEO Professor S. D. Smith OBE FRS FRSE remains as Chief Scientific Officer, and as Chairman of the Board.

Vice Chairman Professor Malcolm Peaker FRS FRSE, of the board of EI, commented, “Underpinned by a reputation as the world’s leading supplier of lasers, spectrometers and gas sensor equipment, Edinburgh Instruments’ markets continue to grow strongly.

We are therefore pleased to be able to announce Alan’s appointment to the Board as a key element of our strategy. His proven track record in industry and depth of international business experience will accelerate our international growth.”

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