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Marchon Eyewear announces senior executive appointment PDF
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Companies
Thursday, 12 February 2009
Marchon Eyewear recently announced the appointment of Claudio Gottardi (picture) as President of Marchon and CEO of Marchon International. Gottardi will have responsibility for the company's brand management, marketing, design, product development, new business development and the company's international business outside the western hemisphere.

Gottardi will report directly to Al Berg, Marchon's Chief Executive Officer. Continuing in their current roles, reporting to Berg, will be Larry Roth, EVP Western hemisphere Sales and Marty Fox, Chief Operating Officer.

Prior to Marchon, Gottardi was with the Safilo Group for 23 years, serving in various executive positions including Co-CEO of Safilo Group and CEO of Safilo USA and Solstice Marketing, Safilo's retail sunglass chain.

The addition of Gottardi to Marchon's executive team will allow Berg to focus more on Marchon's long-term strategy and the development of new ways to support Marchon's global customer base. Gottardi received a degree in Electronic Engineering and a minor in Economics from the University of Padova in Italy.
 
Contact Lens Could Bring TV Into Future Eyes PDF
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Feature Story
Thursday, 12 February 2009
Miniaturization of circuits and displays could lead to televisions shrunk into contact lenses and being powered by body heat, according to British futurologist Ian Pearson. Pearson's predictions are in contrast to how consumer electronics companies have been pushing bigger TVs. In the last few years, advances in plasma and LCD panel technologies along with falling prices have made it easy to buy TVs with up to 100-inches in screen size. But Pearson believes that trend will change and contact lenses that double up as personal TV sets could be reality within the next ten years.

Already scientists have taken the first steps towards making contact lenses more powerful and versatile. Digital contact lenses that can zoom in on objects and display related information have been tested on rabbits for up to 20 minutes. Digital and programmable contact lenses will be the next big step, say futurists like Pearson.
 
Water-filled spectacles the next big thing? PDF
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Feature Story
Wednesday, 11 February 2009
An atomic physicist who has spent more than 20 years developing innovative water-filled spectacles wants to put them on the faces of a billion people in the developing world. Oxford University professor Joshua Silver, from Cumnor, first came up with the idea for glasses to which the user could add or drain water to correct their vision in 1985.

More than 23 years later, following dozens of different prototypes and trials in 15 countries, Mr Silver is ready to launch the specs. Initial trials were carried out in Ghana, South Africa, Malawi and Nepal, then the World Bank bought 11,000 pairs as part of an adult literacy project in Ghana.

A further 20,000 have been sent to 15 countries, mostly in Africa, as part of a United States Department of Defence humanitarian aid project.

Now Mr Silver, director of Oxford University’s Centre for Vision in the Developing World, is looking for funding to distribute a million pairs in India in the next year — with the ultimate goal being to produce and distribute a billion pairs of the glasses by 2020.

The glasses have two circular sacks filled with fluid inside the lenses, which can be topped up by detachable syringes attached to either side of the glasses, altering the focus for the wearer. He said what made the glasses so important was the fact the person who wears them can change them to their own prescription without needing an optician’s assistance.

The glasses currently cost US$19 but for them to be distributed on the scale Mr Silver hopes the costs needs to come down to about one or two US dollars - a goal he believed was achievable.
 
Hoya announces sharp drop in net sales PDF
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Companies
Wednesday, 11 February 2009
In terms of the Japanese economy in the quarter under review, global economic slow down stemming from the U.S., along with appreciation of the yen led to a significant decline in corporate earnings, as a result, uncertainties over economic outlook have further worsened due to setback in capital investment, growing employment uncertainty and a slump in personal consumption.

Under these circumstances, sales of the HOYA group in the quarter under review decreased compared to the same quarter last year mainly reflecting the decreases in existing main areas such as the Electro-Optics (EO) section and Vision Care section, as well as PENTAX that was included in the scope of consolidation during the same period of the previous year.

Both operating income and net income of the quarter decreased compared with the same period of the previous year due to the decrease of net sales in main businesses. As a result, consolidated net sales during the quarter under review amounted to Yen 112,740 million. Operating income and net income came to Yen 16,687 million and Yen 12,610 million respectively.

In the Vision Care section, the sales of eyeglass lenses in the domestic Japanese market have continuously been in a slump due to price decline in the market. In overseas market, in addition of the economic slowdown, competition with lower price lenses has gradually intensified. The sales of the section decreased in comparison to the same period of the previous year. Sales amounted to Yen 24,821 million and operating income amounted to Yen 4,794 million.

In the Health Care section, sales of contact lenses increased through the consulting sales and pricing strategies at Hoya's directly-owned stores. IOL (intraocular lens) showed a favorable trend for the soft lens. Sales increased for both businesses in comparison to the same period of the previous year. Sales amounted to Yen 12,358 million and operating income amounted to Yen 3,014 million.
 
Survey finds that two-thirds of astigmats have never worn CLs PDF
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Ophthalmology and Optometry
Tuesday, 10 February 2009
According to a recent survey sponsored by Bausch & Lomb and completed by 993 vision-corrected astigmatic consumers, more than 4 in 10 believe that their astigmatism is the reason they cannot wear contact lenses, but two-thirds of astigmats who have never worn contact lenses (150) and nearly half of those who have worn contact lenses in the past (178) would be highly motivated to wear lenses if they were available to correct astigmatism. Also, 7 out of 10 of those who have never worn lenses said they would be highly motivated to wear contact lenses if they were available and if their eyecare practitioner made the recommendation.
 
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