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NEOLENS SELECTED AS PRIMARY SUPPLIER OF SINGLE VISION LENSES BY OPTICAL RETAIL CHAIN; APPOINTS BOARD MEMBER

 NEOLENS SELECTED AS PRIMARY SUPPLIER OF SINGLE VISION LENSES
 BY OPTICAL RETAIL CHAIN; APPOINTS BOARD MEMBER
 MIAMI, Dec. 17 /PRNewswire/ -- Neolens, Inc. (NASDAQ: NEOL), a Miami based manufacturer of polycarbonate ophthalmic lenses, announced today that it has been selected as a primary supplier of finished 76mm single vision lenses by one of the top three optical retail chains and the largest user of polycarbonate ophthalmic lenses in the United States. The company has been supplying products to this customer over the past several months as a secondary supplier on a "fill-in" basis. Shipments as a primary supplier are expected to commence next month. Neolens also supplies its lenses to one of the optical concessionaires of the largest department store chain in the country on a primary basis.
 In addition, Neolens announced the appointment of Guy P. Vareilles to its board of directors. Vareilles is vice chairman of the board of directors of Essilor of America, Inc. a wholly owned subsidiary of Essilor International (Compagnie Generale D'Optique), one of the largest optical companies in the world. Neolens recently signed a long-term agreement with Essilor for the worldwide distribution of Neolens' existing product lines and certain premium lens designs to be developed and manufactured in polycarbonate by Neolens. Essilor of America, Inc., through its Silor division, is one of the largest distributors of prescription lenses in the United States. Vareilles was appointed to Neolens' board to fill a vacancy created by the resignation of Dr. Henry M. Clayman.
 Neolens, founded in 1985, has developed and patented an injection molding process which enables it to manufacture high quality polycarbonate lenses at a competitive price. Neolens' polycarbonate lenses offer consumers significant advantages over lenses manufactured with conventional CR-39 plastic in terms of weight, thinness, impact strength and protection from ultra-violet rays. Currently, CR-39 lenses represent approximately 75 percent of the U.S. domestic market for ophthalmic lenses which is estimated to be $12 billion annually on a retail level.
 -0- 12/17/91
 /CONTACT: Philip G. Heinemann, chief financial officer of Neolens, Inc., 305-651-0003/
 (NEOL) CO: Neolens, Inc. ST: Florida IN: MTC SU: PER


SS-AW-JM -- FL004 -- 2962 12/17/91 12:45 EST
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Publication:PR Newswire
Date:Dec 17, 1991
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