KIBBUTZ SHAMIR, Israel, Aug. 12 /PRNewswire-FirstCall/ -- Shamir Optical
Industry Ltd. (Nasdaq: SHMR) ('Shamir') expects to issue its second quarter
2008 earnings results on Thursday, August 21, 2008, and has scheduled a
conference call to discuss the results at 9:00 A.M. EDT that morning.
The conference call will be broadcast live as a listen-only webcast. To
listen live, please go to www.kcsa.com approximately ten minutes before the
conference call is scheduled to begin. You will need to register, and may need
to download and install the required audio software. The webcast will be
archived for 30 days following the call.
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.