28 October 2008

Appointment of New Chief Financial Officer, Company Secretary

Adelaide, Australia, 28 October 2008 – Ellex Medical Lasers Limited (ASX:ELX), a global leader in the design and manufacture of ophthalmic laser and ultrasound systems, announced today the appointment of Melanie Young as Chief Financial Officer (CFO), effective immediately. Ellex also announced the appointment of Giuseppe Canala as Company Secretary. These appointments follow the departure of Tony Mitchell.

Ms. Young joined Ellex in January 2005 in the role of Group Accountant, and subsequently assumed the role of Financial Controller to manage all facets of the Company’s global finance function.

Ms. Young brings more than ten years’ experience in financial management and business advisory management, having previously worked for the Growth Solutions division of Deloitte Australia. She holds a Bachelor of Commerce from Deakin University, Victoria, and is a Chartered Accountant.

Commenting on Ms. Young’s appointment, Mr. Simon Luscombe, Ellex CEO, said “We are delighted that Melanie has joined the Executive Management Team in the capacity of CFO. Melanie has made a dedicated contribution during her time at Ellex, and brings considerable financial management experience. She also adds a fresh perspective, which will be pivotal in helping shape our Company’s path over the coming years.”

Mr. Canala’s appointment as Company Secretary follows his recent appointment as a Non-Executive Director of the Ellex Board. “In his joint role as a Director and Company Secretary, Mr. Canala will build on his knowledge of our operations and considerable expertise in the ophthalmic industry to better serve Ellex shareholders,” commented Victor Previn, Ellex Chairman.


Ellex Medical Lasers Limited (ASX:ELX) designs, manufactures and markets a complete line of lasers and diagnostic ultrasound systems used by ophthalmologists to diagnose and treat eye diseases. With more than 14,000 systems delivered to the market, Ellex has evolved since 1985 from a manufacturing company of primarily OEM products, to direct marketing of its own branded products through subsidiaries in the United States, Japan and Australia, and a network of distribution partners in more than 100 countries. In December 2006 Ellex acquired Innovative Imaging, a leading provider of diagnostic ultrasound devices for ophthalmology, initiating the expansion of its product line beyond lasers. Ellex maintains a strong emphasis on intellectual property and research into new and better treatments to manage and treat the leading causes of blindness.

For additional information about Ellex and its products, please visit www.ellex.com