Annual Report and Accounts 2006 - Optos

2004
> Germany – commercial launch
> $29.8 million in revenue
> 1,368 – installed base
of P200 devices
> 1.6 million optomap® Retinal
Exams performed
The Royal Academy of Engineering
recipients include Rolls Royce, IBM,
BP and CSR. In addition to Optos
plc, the 2006 finalists also included
Airbus UK, Brinker Technology
Ltd and Davy Process Technology
Limited.
2005
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European CE marking for
the P200MA device
$48.4 million in revenue
$2.0 million in operating profit
2,009 – installed base
of P200 devices
2.5 million optomap® Retinal
Exams performed
2006
David Cairns, Chief Technology Officer;
Alastair Atkinson, Global Product
Director; and Douglas Anderson,
Founder, with the MacRobert Award
that was presented to them by
HRH Prince Phillip at Buckingham
Palace in June 2006.
The MacRobert Award recognises
the important role of engineers
and engineering in wealth creation,
national prosperity and international
prestige. It is awarded annually by
The Royal Academy Engineering
for demonstrated excellence
in innovation, contribution to
community and proven commercial
success. Previous MacRobert Award
“Optos is a worthy winner and
embodies the true spirit of the
MacRobert Award. Beginning
with a brilliant innovatory
concept, Optos has developed a
revolutionary diagnostic device by
dint of eight years determination,
creativity and perseverance in
solving the formidable technical
problems they met on the way,”
said Dr Robin Paul, Chairman of the
judging panel for the MacRobert
Award. “In the years to come, many
people will owe their sight to the
timely use of this outstanding
example of clinical engineering.”
World Economic Forum
2006
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Admission to the Official List
and to trading on the London
Stock Exchange Main Market
FDA 510k clearance to market
for the P200MA device
$67.7 million in revenue
$6.5 million in operating profit
(before share-based payments)
$1.5 million EBT positive in H2’06
$26.7 million cash flow
from operations
Losses before tax reduced by 58%
to $1.1 million for the full year
2,593 – installed base of P200 devices
3.4 million optomap® Retinal
Exams performed
World Economic Forum – 2006
Technology Pioneer
2006 MacRobert Award for
Innovation in Engineering from
The Royal Academy of Engineering
Scottish Deals and Dealmakers
2006 Flotation of the Year Award
In December 2005, the World
Economic Forum named Optos as
one of 10 companies worldwide
as a Technology Pioneer for 2006
in the Biotechnology and Health
category. A total of 97 companies
were nominated in the fields of
Biotechnology and Health, Energy
and Information Technology. To
be selected, the World Economic
Forum states that a company
must be innovative, its technology
proven, have the potential for
long-term impact on business
and society, show signs of being
a market leader and demonstrate
visionary leadership.
“The creative innovations
produced by our Technology
Pioneers hold the promise of
significantly affecting the way
business and society operate”, said
Peter Torreele, Managing Director
of the World Economic Forum.
“As a global knowledge hub,
we see the Technology Pioneer
community as key contributors to
this dialogue and to the mission of
the World Economic Forum.”
Optos plc Annual Report & Accounts 2006