KIBBUTZ SHAMIR, Israel,
June 28 /PRNewswire-FirstCall/ --
Shamir Optical Industry Ltd. (Nasdaq: SHMR) a leading provider of
innovative products and technology to the ophthalmic lens market,
announced today that its annual report on Form 20-F, containing
audited consolidated financial statements for the year ended
December 31, 2009, as filed with the
Securities and Exchange Commission on June
28, 2010, is available through its website (www.shamir.com).
Shareholders may receive a hard copy of the annual report free of
charge upon request.
This press release is being issued pursuant to NASDAQ Listing
Rule 5250(d)(1)(C).
About Shamir
Shamir is a leading provider of innovative products and
technology to the spectacle lens market. Utilizing its proprietary
technology, the company develops, designs, manufactures, and
markets progressive lenses to sell to the ophthalmic market. In
addition, Shamir utilizes its technology to provide design services
to optical lens manufacturers under service and royalty agreements.
Progressive lenses are used to treat presbyopia, a vision condition
where the eye loses its ability to focus on close objects.
Progressive lenses combine several optical strengths into a single
lens to provide a gradual and seamless transition from near to
intermediate, to distant vision. Shamir differentiates its products
from its competitors' primarily through lens design. Shamir's
leading lenses are marketed under a variety of trade names,
including Shamir Genesis(TM), Shamir Piccolo(TM), Shamir
Office(TM), Shamir Smart(TM) and Shamir Autograph(TM). Shamir
believes that it has one of the world's preeminent research and
development teams for progressive lenses, molds, and complementary
technologies and tools. Shamir developed software dedicated to the
design of progressive lenses. This software is based on Shamir's
proprietary mathematical algorithms that optimize designs of
progressive lenses for a variety of activities and environments.
Shamir also has created software tools specifically designed for
research and development and production requirements, including Eye
Point Technology software, which simulates human vision.
SOURCE Shamir Optical Industry Ltd.