SECONDMENT TO COMPUMEDICS USA

février 4, 2004

Compumedics announces that Mr. David Lawson who is currently Chief Financial Officer and Company Secretary will move to the US to lead the US business through the next phase of its development.

Melbourne Australia, 4 February 2004; (ASX : CMP) Following the continued growth of Compumedics USA business and the anticipated growth of that business over the next few years Compumedics Limited announces that Mr. David Lawson who is currently Chief Financial Officer and Company Secretary will move to the US to lead the US business through the next phase of its development.
Mr. Lawson will continue to act in his role as Chief Financial Officer and Company Secretary from the US for the time being. The secondment is anticipated to be for two years but will be reviewed at appropriate milestones along the way.

Compumedics Executive Chairman, Mr. David Burton noted “This move provides added depth to the already very capable team in the US and will enable Compumedics to intensify its focus on continued growth and profitability in the US, being the world’s biggest medical device market.”
Mr. Lawson will be located at the Company’s US office from Monday 9th February 2004, details of which are:

Compumedics USA, Limited
7850 Paseo del Norte
El Paso Texas 79912
USA
Phone 1-915-845-5600
Fax 1-915-845-2965

About Compumedics

Compumedics Limited, founded in 1987, is a global leader in the design and manufacture of diagnostic technology for sleep disorders, neurophysiology and cardiology. Compumedics was listed on the Australian Stock Exchange in December 2000. The company has corporate headquarters in Melbourne, Australia and offices in the United States, Asia and Europe. Compumedics holds 70% of the Australian sleep diagnostic market in Australia and is fast becoming a major presence in the US, European and Asian marketplaces for both its sleep diagnostic as well as its neuro-diagnostic products.

For further information:

David Burton
Executive Chairman, CEO
Phone: +61 3 8420 7300
Fax: +61 3 8420 7399

David Lawson
CFO/Company Secretary
Phone: +61 3 8420 7300
Fax: +61 3 8420 7399