ClearLab's AquaSoft Singles Honored in BRANDPACKAGING's 2007 Design Gallery.DRAPER, Utah Draper is a city in Salt Lake County and Utah County, Utah, United States, located about 20 miles south of Salt Lake City along the Wasatch Front. Between 1990 and 2000 Draper was Utah's fastest-growing city over 5,000 people (as of 2000). -- ClearLab, a subsidiary of 1-800 CONTACTS (Nasdaq:CTAC CTAC Chemical Transportation Advisory Committee CTAC Counter-Drug Technology Assessment Center CTAC Customer Technical Assistance Center (Sprint) CTAC Center for Army Tactics CTAC Carlsbad Field Office Technical Assistance Contractor ), the world's largest retailer of contact lenses contact lenses contact npl → verres mpl de contact contact lenses contact npl → Kontaktlinsen pl contact lenses npl , announced today that BRANDPACKAGING magazine has awarded its new AquaSoft Singles a position in the 2007 Design Gallery, the publication's annual book honoring the most innovative package designs of the year. ClearLab introduced the new packaging at a gala event in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of last July, hosted by former NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. and ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. anchorperson Forrest Sawyer Forrest DeWitt Sawyer (born April 19, 1949) is a former broadcast journalist best known for his 11 years with ABC News, where he anchored ABC World News Tonight Saturday and frequently substituted for Ted Koppel on Nightline. . "AquaSoft Singles' unique flat design, just the thickness of a credit card, is a breakthrough in convenience and better hygiene," said Allen Hwang, ClearLab's Marketing Vice President. "People can carry thirty lenses in a small pack the size of an old fashioned contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. case that only holds two lenses; and are now able to insert their lenses by touching only the outside of the lens." ClearLab was recently granted patents in the US and Japan for its AquaSoft Singles flat pack and the company has numerous patent claims granted or pending including: * Compression of a lens in a primary package * Presentation of the outside surface of the lens upon opening * Unique right and left primary packaging * Right and left lenses delivered in the same secondary package "Each year, we feature an annual selection of consumer package designs that increase functionality, fill unmet consumer needs and align with the strategies of their respective brands," said Jennifer Acevedo, editor in chief, BRANDPACKAGING magazine, which publishes the Design Gallery. "AquaSoft's innovative thinking in minimizing the thickness of their packaging, which offers great consumer convenience and reduces the potential for infection by minimizing excessive lens handling, is a perfect example of a brand doing just that." The 2007 Design Gallery provides dynamic, real world examples of packaging that sells. Editors from BRANDPACKAGING have selected 60+ packages in each of the major material types that embrace structural innovation, connect with graphic appeal, provide consumer utility and convey brilliant marketplace insights. These packages represent the spectrum of product categories, from food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , to cosmetics and personal care, to household cleaners, pharmaceutical, pet food and consumer electronics. For more information, visit www.brandpackaging.com. About ClearLab ClearLab develops and manufactures a wide range of disposable contact lens products and distributes these lenses in markets outside of the United States. More information about ClearLab can be found at its website, www.clearlab.com. More information about AquaSoft Singles, including hi-resolution photos and video, can be found at www.aquasoft.com. Forward-looking Statements This news release contains a number of statements about the Company's future business prospects which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The forward-looking statements in this release include all statements which are not purely historical and include, but are not necessarily limited to, statements relating to the Company's commitment to a separation of ClearLab from the U.S. retail business; the Company's intention to announce terms of that separation by the end of March 2007; anticipated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight and operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. for the fourth quarter of fiscal 2006 and fiscal years 2006 and 2007; the Company's intention to increase advertising spending in fiscal 2007; and any statements relating to the potential consolidation of ClearLab operations. All such forward-looking statements are based upon information available to 1-800 CONTACTS as of the date hereof, and the Company disclaims any intention or obligation to update any such forward-looking statements. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, among others: general economic conditions, the health and size of the contact lens industry, consumer acceptance of ClearLab's products, product health benefits, the outcome of the strategic review of ClearLab, inventory acquisition and management, manufacturing operations, governmental regulations, exchange rate fluctuations, advertising spending and effectiveness, unanticipated costs and expected benefits associated with the Japanese license agreement and the Company's supply agreements and related arrangements, research and development initiatives, prescription verification requirements of The Fairness to Contact Lens Consumers Act, other regulatory considerations, and the other risks and uncertainties identified in the reports filed from time to time by 1-800 CONTACTS with the U.S. Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . Information on the Company's websites, other than the information specifically referenced in this press release, shall not be deemed to be part of this press release. |
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