Photoelectron Announces Election of New Board Member

Apr 10, 2001, 01:00 ET from Photoelectron Corporation

    LEXINGTON, Mass., April 10 /PRNewswire/ --Photoelectron Corporation
 (Amex:   PHX), a medical device and technology company specializing in miniature
 x-ray technology, announced today that Thomas J. Miller Jr., has been elected
 to serve on the Company's Board of Directors.
     Mr. Miller is the Chief Executive Officer of Analogic Corporation, a
 company recognized worldwide for advancing the state of the art in Computed
 Tomography, Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring,
 Cardiovascular Information Management, Internet Protocol Telephony, Embedded
 Multicomputing, and Test and Measurement applications.
     Prior to joining Analogic, Mr. Miller was President and CEO of Carl Zeiss,
 Inc., of Thornwood, New York. He also served as World General Manager of Carl
 Zeiss Medical Group in Oberkochen, Germany, and earlier as Group Vice
 President, Imaging Systems, for Siemens Medical Systems' North American
 operations. Mr. Miller's education includes an advanced degree from the Joint
 Program in Health Sciences and Technology of the Massachusetts Institute of
 Technology and Harvard Medical School.
     Peter M. Nomikos, Chairman of the Board commented, "I am very pleased to
 welcome Mr. Miller to our Board of Directors.  He brings many years of
 valuable experience in the medical device and imaging industry. His expertise
 and experience in managing growth companies will be an invaluable resource as
 the company continues to grow and develop."
 
     About Photoelectron
     Founded in 1989 and based in Lexington, Mass., Photoelectron Corporation
 is a medical device and technology company specializing in miniature x-ray
 technology for the medical and industrial markets.  The company has secured
 both regulatory approval and broad distribution channels for their current
 products.  Photoelectron is leveraging its core expertise in miniature x-ray
 technology into distinct markets including cancer treatment, intravascular
 care, industrial x-ray, and radiation dosimetry products
 (www.photoelectron.com).
 
     "Safe Harbor" statement under the Private Securities Litigation Reform Act
 of 1995: Any statements which are not historical facts contained in this
 release are forward looking statements that involve risk and uncertainties,
 including but not limited to those relating to product demand, pricing, market
 acceptance, the effect of economic conditions, the validity and enforceability
 of intellectual property rights, the outcome of government regulatory
 proceedings, competitive products, risks in product and technology
 development, the ability to complete transactions, and other risks identified
 in the Company's Securities and Exchange Commission filings.
 
      Contact:
      Timothy W. Baker, Chief Financial Officer
      Photoelectron Corporation
      781-861-2069
 
 

SOURCE Photoelectron Corporation
    LEXINGTON, Mass., April 10 /PRNewswire/ --Photoelectron Corporation
 (Amex:   PHX), a medical device and technology company specializing in miniature
 x-ray technology, announced today that Thomas J. Miller Jr., has been elected
 to serve on the Company's Board of Directors.
     Mr. Miller is the Chief Executive Officer of Analogic Corporation, a
 company recognized worldwide for advancing the state of the art in Computed
 Tomography, Ultrasound, Magnetic Resonance Imaging (MRI), Patient Monitoring,
 Cardiovascular Information Management, Internet Protocol Telephony, Embedded
 Multicomputing, and Test and Measurement applications.
     Prior to joining Analogic, Mr. Miller was President and CEO of Carl Zeiss,
 Inc., of Thornwood, New York. He also served as World General Manager of Carl
 Zeiss Medical Group in Oberkochen, Germany, and earlier as Group Vice
 President, Imaging Systems, for Siemens Medical Systems' North American
 operations. Mr. Miller's education includes an advanced degree from the Joint
 Program in Health Sciences and Technology of the Massachusetts Institute of
 Technology and Harvard Medical School.
     Peter M. Nomikos, Chairman of the Board commented, "I am very pleased to
 welcome Mr. Miller to our Board of Directors.  He brings many years of
 valuable experience in the medical device and imaging industry. His expertise
 and experience in managing growth companies will be an invaluable resource as
 the company continues to grow and develop."
 
     About Photoelectron
     Founded in 1989 and based in Lexington, Mass., Photoelectron Corporation
 is a medical device and technology company specializing in miniature x-ray
 technology for the medical and industrial markets.  The company has secured
 both regulatory approval and broad distribution channels for their current
 products.  Photoelectron is leveraging its core expertise in miniature x-ray
 technology into distinct markets including cancer treatment, intravascular
 care, industrial x-ray, and radiation dosimetry products
 (www.photoelectron.com).
 
     "Safe Harbor" statement under the Private Securities Litigation Reform Act
 of 1995: Any statements which are not historical facts contained in this
 release are forward looking statements that involve risk and uncertainties,
 including but not limited to those relating to product demand, pricing, market
 acceptance, the effect of economic conditions, the validity and enforceability
 of intellectual property rights, the outcome of government regulatory
 proceedings, competitive products, risks in product and technology
 development, the ability to complete transactions, and other risks identified
 in the Company's Securities and Exchange Commission filings.
 
      Contact:
      Timothy W. Baker, Chief Financial Officer
      Photoelectron Corporation
      781-861-2069
 
 SOURCE  Photoelectron Corporation