Micro Machine Company CEO Joins Precision Optics Board

Gardner, Mass.-based Precision Optics Corporation Inc. has added Andrew J. Miclot to the board of directors following the resignation of Joel R. Pitlor.

Miclot is CEO and director of Micro Machine Company. Prior to joining Micro Machine, he was executive vice president of Micro Technologies, a medical device supplier. He has also held senior leadership positions at ArthroCare, ENT, Ascension Orthopedics and Symmetry Medical. While at Symmetry Medical as Senior Vice President, he was part of the team that grew annual revenue from $10 million to over $300 million with $51 million in annual profit. His early experience includes leadership positions with orthopedic companies Orthofix, Zimmer and DePuy.

Miclot earned an MBA from the Lake Forest Graduate School of Management, an M.A. in audiology, and B.A. in speech and hearing from Indiana University.

“As we move forward with the goal of maximizing the value of the opportunities available to Precision Optics, particularly in the area of Microprecision based endoscopes and medical devices, I’m glad to welcome Mr. Miclot to the board,” said commenting on the appointment, Peter Woodward, chairman of the board. “He has extensive and relevant experience in the medical device space and a strong record of success in small medical device companies. I look forward to working with Andy and welcome his perspective based on his many years of experience with both small and large companies in this space.”

“I am pleased to join the board of Precision Optics at a time when the company is starting to bring its new technology in micro-optics and associated products to the medical device world,” said Miclot. “I look forward to working with the board and the senior management team to maximize the opportunities that are enabled by the company’s leading edge technologies.”

“I’d also like to take this opportunity to thank Joel Pitlor for his years of dedication and service to the company,” Woodward added. “Mr. Pitlor has been involved with Precision Optics Corporation as a director, advisor to the CEO and shareholder for over 25 years. His counsel has been critical in helping to shape Precision Optics into the world-recognized leader for small optical technology and devices for medical and defense applications. We wish Joel future success and appreciate all that he has given to POC.”

Precision Optics makes advanced optical instruments.