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Smiths Group Plc News

06 Sep 2007

Marine equipment makes waves at OTE

James Rall, of Hydroacustics Inc., of New York, explains uses for the Proteus ROV roaming ocean vehicle, used for exploration with cameras and lights. The ROV is controlled by a joystick. PROVIDENCE — Jason Cedro clicked on a computer mouse at the Rhode Island Convention Center yesterday and on the screen appeared a live, gull’s-eye view of Narragansett Bay, from a camera perched miles to the south at Beavertail State Park, in Jamestown. He clicked again to order the camera, by wireless connection, to pan the Bay, then focus more closely on a power boat motoring across the water beneath a blue sky. From the same screen, Cedro was also able to obtain a live view of the Bay’s activity from Prudence Island, another from the area around the Pell Bridge in Newport.

09 Nov 2007

ECI Acquires Kelvin Hughes

ECI Partners LLP (“ECI”), the UK mid-market buyout specialist, has acquired Kelvin Hughes in a $109.3m transaction out of Smiths Group plc, the UK listed technology company. Kelvin Hughes is a leading supplier of navigation products and services for the Naval and Commercial marine sectors. The purchase price comprises $100.9m which was paid in cash on completion of the purchase and a deferred payment of up to $8.4m depending on certain conditions being satisfied. Senior members of Kelvin Hughes management invested alongside ECI, becoming shareholders in the business. Kelvin Hughes has a highly innovative product range, which is designed to provide mariners with the most advanced navigation systems and services available.

16 May 2007

Gould Named Managing Director of Kelvin Hughes

Russell Gould has been appointed managing director of Kelvin Hughes Ltd, part of the Specialty Engineering Division of Smiths Group plc. Russell joined Kelvin Hughes in 1985 as a graduate engineer responsible for the development of new navigation products. In 1995 he became head of radar techniques and was appointed engineering and operations director in 2001. For the past 5 years he has been the Company's commercial business director.

04 Jun 2001

New Managing Director at Kelvin Hughes

Kelvin Hughes has appointed Ron Nailer as the new managing director of Kelvin Hughes Ltd., succeeding Dr. Martin Jones, who has returned to the parent company - Smiths Group Plc head office - to pursue his responsibilities as director of Technology and Innovation of Smiths' Industrial Group. Nailer leaves his current post as divisional managing director for the Dowty aviation support and electronics distribution companies, which Smiths acquired via its merger with TI last year.