KIBBUTZ SHAMIR, Israel,
June 16, 2011 /PRNewswire/ -- 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, 2010, as filed with the
Securities and Exchange Commission on June
16, 2011, is available through its website
(www.shamir.co.il). 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 progressive 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™, Shamir Piccolo™, Shamir
Office™, and Shamir Autograph™. 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.
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Investor Relations
Contacts:
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Roni Gavrielov
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Jeffrey Goldberger
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KM / KCSA Investor
Relations
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KCSA Strategic
Communications
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+972-3-516-7620
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212-896-1249
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roni@km-ir.co.il
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jgoldberger@kcsa.com
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SOURCE Shamir Optical Industry Ltd.