LARGO, Fla., Dec. 9 Unilens Vision Inc.(OTC Bulletin Board: UVICF; TSX Venture Exchange: UVI), which develops,licenses, manufactures, distributes and markets specialty contact lenses,today announced the acquisition of the specialty gas permeable contact lensmanufacturer Aero Contact Lens, Inc. located in Michigan.
Under the terms of the agreement, Unilens acquired certain assets of AeroContact Lens, Inc. including regulatory approvals, customer lists, trade namesand various other resources. The gas permeable Aero Contact Lens Brandsacquired through the asset purchase include the V/X Multifocal, theAspirations Multifocal and the R-2000 Keratoconus Lens. The lenses will bemanufactured and marketed by Unilens under their pre-existing product brandnames from the Unilens Corp., USA headquarters and manufacturing facilitylocated in Largo, Florida.
Unilens will continue the Aero Contact Lens tradition of excellentcustomer service and consultation from the Aero Michigan office and currentAero pricing and policy programs will stay in effect to ensure a smoothtransition.
"Here at Unilens, known in the industry as 'The Independent Eye CareProfessional's Specialty Contact Lens Company,' we have a longstandingcommitment to support the growth and strength of high quality independentoptometry with some of the best contact lens technology available in theindustry today," stated Michael Pecora, Chief Executive Officer of UnilensVision Inc. "That is why we are so excited to have the Aero Contact LensBrands as the newest additions to our ever expanding product portfolio thatcontribute directly to the patient retention and practice profitability ofindependents across the country. This acquisition, along with the recentlaunch of the C-Vue(R) Advanced Custom Toric and the C-Vue 1 Day dailydisposable, illustrate Unilens' commitment to support independent eye careprofessionals throughout the U.S.," continued Pecora.
About Unilens Vision Inc. - "The Independent Eye Care ProfessionalsContact Lens Company"
Established in 1989, Unilens Vision Inc., through its wholly ownedsubsidiary Unilens Corp., USA, located in Largo, Florida, develops, licenses,manufactures, distributes and markets contact lenses primarily under theC-Vue(R) brand directly to Independent Eye Care Professionals. Additionalinformation on the Company may be accessed on the Internet at www.unilens.com.The Company's common stock is listed on the OTC Bulletin Board under thesymbol "UVICF" as well as the Canadian TSX Venture Exchange under the symbol"UVI".
The information contained in this news release, other than historicalinformation, consists of forward-looking statements that involve risks anduncertainties that could cause actual results to differ materially from thosedescribed in such statements. For a discussion of certain factors that couldcause actual results to differ materially from those described in theforward-looking statements, please refer to the Company's most recent filingswith the SEC and the TSX Venture Exchange. The TSX Venture Exchange has notreviewed and does not accept responsibility for the adequacy or accuracy ofthis release.
For more information, please contact:
Kelly McKnight at (727) 544-2531
SOURCE Unilens Vision Inc.