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December 7, 2015
Teledyne Optech Completes Leadership Transition

Vaughan, Ontario, December 7, 2015 — Teledyne Optech announced today that the company has completed its transition in leadership.

Founded in 1974 by Dr. Allan Carswell, Teledyne Optech is a leader in advanced laser-based survey and digital imaging instrumentation. Teledyne Technologies first acquired shares in the parent company of Optech in March 2011, and Teledyne purchased the remaining shares in April 2015. In addition, Michel Stanier, previously EVP, Business Development, was appointed Chief Operating Officer of Teledyne Optech in October 2015. Following the planned change in ownership and leadership, Don and Elizabeth Carswell, previously President and VP Sales, will retire from day-to-day operations.

“With the transition of full ownership to Teledyne, as well as with an outstanding team of engineers and managers, Teledyne Optech continues with strong leadership, ample financial support and extensive technical capabilities,” said Don Carswell, President of Teledyne Optech. “Allan, Elizabeth and I will continue to be available as resources to Teledyne Optech, but we are pleased to leave the company in very strong hands.”

About Teledyne Optech

Teledyne Optech is the world leader in high-accuracy lidar 3D survey systems, integrated cameras, and productivity-enhancing workflows. With operations and staff worldwide, Teledyne Optech offers both standalone and fully integrated lidar and camera solutions for airborne mapping, airborne lidar bathymetry, mobile mapping, terrestrial laser scanning, mine cavity monitoring, and industrial process control, as well as space-proven sensors. Teledyne Optech supports its clients with an around-the-clock team, on-site service, and regular efficiency enhancements to the workflow of its integrated systems. Accuracy and productivity matter!

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