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Google Files Patent for Iris-reading Contact Lens PDF
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Monday, 29 June 2015

Google engineers have filed a patent for a contact lens that would gather data on iris features from a wearer, creating an "iris fingerprint". The system uses built-in light and power sources to gather an iris image, using these patterns to then authenticate or identify a user.

The patent does not go into further detail about how the data will be transmitted. The full patent description can be obtained from: http://pdfpiw.uspto.gov/.piw?docid=09047512&SectionNum=1&IDKey=3739F7226B8C

Last July, Google announced it was working with Swiss pharmaceutical company Novartis on smart contact lens technology.      

 
Intel Acquires Smart Eyewear Company Recon Instruments PDF
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Thursday, 25 June 2015

Recon Smart EyewearIntel has recently completed the acquisition of Recon Instruments, maker of the new, critically acclaimed Recon Jet™ smart eyewear for sports and high-intensity environments. Recon was formerly an Intel Capital portfolio company. The team will also partner with Intel’s New Devices Group to develop smart device platforms for a broader set of customers and market segments.

The growth of wearable technology is creating a new playing field for innovation, and Intel made tremendous strides in developing products and technologies to capture this next wave of computing. In the last six months, Intel disclosed plans for the Intel Curie module, a tiny hardware product based on the company’s first purpose-built system-on-chip for wearable devices. Intel also unveiled a multiyear R&D collaboration with Luxottica Group S.p.A and their Oakley brand to fuse premium, luxury and sports eyewear with smart technology; and announced a partnership with TAG Heuer and Google to launch a Swiss smartwatch powered by Intel® technology and Android Wear.

 
Marcolin and Iconix Brand Group Renew Licensing Agreement PDF
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Friday, 12 June 2015

Eyewear company Marcolin SpA and Iconix Brand Group have extended their licensing agreement for the design, production and distribution of the eyewear collections of sunglasses and optical frames for Candie’s, Bongo and Rampage brands. These renewals extend the partnership until 2020. Initially launched through licensing partnerships with former and acquired Viva International Group in 2008, the relationship is now managed by Marcolin USA.

Fabrizio Gamberini, CEO Marcolin USA, affirmed: “We are very happy to renew our long standing partnership with Iconix Group. Marcolin is looking forward to promoting our business together to the maximum extent.”

Lanie List, Chief Merchant, Iconix commented: "Marcolin is the best in class and we are thrilled to continue to grow Candie's, Bongo and Rampage eyewear business with them."

 
Marchon Extends Exclusive Global Licensing Agreement With Nike PDF
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Tuesday, 09 June 2015

NikeMarchon Eyewear has announced the long-term extension of its licensing agreement with Nike, Inc. for the exclusive design, production and worldwide distribution of Nike optical and sunglass collections.

Claudio Gottardi, President and CEO of Marchon Eyewear, commented: "We're extremely proud to continue our successful partnership with Nike. This unrivaled brand is constantly at the forefront of sports technology and innovation, therefore pushing our design team to continue striving to develop new groundbreaking ideas and high-quality products. We are confident that with the renewal of our long-standing partnership, which dates back to 1999, we can achieve further success with the Nike eyewear collections."

 
Luxottica Extends Prada Eyewear License PDF
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Monday, 18 May 2015

Luxottica Group and Prada s.p.a. have announced the renewal of an exclusive license agreement for the design, production and worldwide distribution of prescription frames and sunglasses under the Prada and Miu Miu brands. The 10-year agreement will extend through December 31, 2025.

Adil Khan, Luxottica’s CEO of Markets, commented: “We are extremely proud of our collaboration with Prada Group and the beautiful and innovative frames we are creating together. Prada and Miu Miu are truly global and iconic brands and we look forward to continuing our successful partnership in the years ahead”.

Patrizio Bertelli, Prada Group’s CEO, said: “We are very pleased to announce the renewal of our co-operation with Luxottica which, thanks to its leadership in the international markets, is the ideal partner to boost our brands’ identities.”

 
Hoya Reports Record Annual Sales and Profit PDF
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Friday, 15 May 2015

HOYA Corporation has announced financial results for the fourth quarter and full‐year ended March 31, 2015. During the quarter, revenues increased by 10.6% to 127,440 million yen compared with the same period last year. Pre‐tax profit for the quarter was 25,309 million yen, while profit for this quarter was 18,513 million yen, both of which marked gains of 27.2% and 45.1%, respectively.

In Hoya's Life Care segment, sales significantly increased in the eyeglass lens business through stronger sales in overseas markets and inclusion of Seiko Optical Products, a sales company of SEIKO eye wear, as a consolidated subsidiary. The contact lens retail business posted year‐on‐year sales decline due to the rebound reduction from the last‐minute demand in March the previous year before the consumption tax hike. Most of the businesses, excluding the endoscope business, performed quite well. Together with the weaker yen, the revenue posted an increase year‐on‐year.

"Today we announced a new share repurchase program with a maximum of 10 million shares and ¥45 billion. Our policy to allocate resources in M&A opportunities and to use excess cash to reward shareholders continues,” said Hiroshi Suzuki, chief executive officer of HOYA. “Decline in profit for the Life Care segment was mainly due to influence of currency exchange. Sales for eyeglass lens business increased by 20% thanks to healthy growth in Europe and US. I also expect a new intraocular lens product launched this April to become a hit because of its unique and excellent quality.”

 
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