TIDMPPIR TIDMPPIX

RNS Number : 9172H

ProPhotonix Limited

23 May 2014

May 23, 2014

ProPhotonix Limited

("ProPhotonix" or "the Company")

CFO Appointment and Director Dealings

ProPhotonix Limited, (London Stock Exchange - AIM: PPIX and PPIR, OTC: STKR) announces that at its Annual General Meeting held on May 22, 2014, the following:

-- Mr. Philip Feeley appointed Chief Financial Officer. Mr. Feeley previously has served as Acting Chief Financial Officer and Controller of the Company.

-- At the AGM, the following share options were granted over Common Shares, under the 2007 Stock Incentive Plan, to non executive directors in accordance with their service contracts:

   Name                            No. of options                Exercise Price 
   R Oglethorpe                 150,000                         $0.03845 
   T Steel                          150,000                         $0.03845 
   M Weidman                   150,000                         $0.03845 
   V Thompson                  150,000                         $0.03845

These options have an expiry date of May 21, 2024 and vest over in one year.

Enquiries:

 
 ProPhotonix Limited             Tel: +1 603 893 8778 
  Tim Losik, President and CEO    ir@prophotonix.com 
 N+1 Singer                      Tel: +44 (0) 207 496 3000 
  Andrew Craig/ Ben Wright 
 Nominated Adviser and Broker

About ProPhotonix

ProPhotonix Limited, headquartered in Salem, New Hampshire, is an independent designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Oclaro, Osram, QSI, Panasonic, and Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, security, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, U.K., and Europe. For more information about ProPhotonix and its innovative products, visit the Company's web site at www.prophotonix.com

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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