EXHIBIT 21



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|Name                                                   |  | Jurisdiction of Incorporation  
|Analogic Limited                                       |  | Massachusetts                  
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|ANALOGIC FOREIGN SALES CORPORATION                     |  | U.S. Virgin Islands            
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|Analogic Holding Luxembourg S.a.r.l.                   |  | Luxembourg                     
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|ANALOGIC SECURITIES CORPORATION                        |  | Massachusetts                  
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|ANADVENTURE II CORPORATION                             |  | Massachusetts                  
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|ANA\DVENTURE 3 CORPORATION                             |  | Massachusetts                  
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|ANADVENTURE DELAWARE, INC.                             |  | Delaware                       
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|AnaSky Limited (formerly known as SKY COMPUTERS, INC.) |  | Massachusetts                  
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|ANATEL COMMUNICATIONS CORPORATION                      |  | Massachusetts                  
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|ANEXA Corporation                                      |  | Massachusetts                  
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|Anexa Financial Services, Inc.                         |  | Massachusetts                  
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|ANRAD CORPORATION                                      |  | Province of Nova Scotia, Canada
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|B-K Medical Holding ApS                                |  | Denmark                        
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|B-K Medical ApS                                        |  | Denmark                        
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|B-K Medical AB                                         |  | Sweden                         
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|B-K Medical (Asia) Pte. Ltd.                           |  | Singapore                      
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|B-K Medical Benelux NV/SA                              |  | Belgium                        
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|B-K Medical Medizinische Systeme GmbH                  |  | Germany                        
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|B-K Medicale S.r.L                                     |  | Italy                          
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|B-K Medical Systems, Inc.                              |  | Massachusetts                  
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|B-K Medical (China) Limited                            |  | Hong Kong                      
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|FTNI Inc.                                              |  | Province of Quebec, Canada     
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|International Security Systems Corporation             |  | Massachusetts                  
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|SKY Computers (Europe) Ltd.                            |  | England                        
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|Sound Technology, Inc.                                 |  | Pennsylvania