SHMR Shamir Optical Industry Ltd. (MM)

KIBBUTZ SHAMIR, Israel, Nov. 2 /PRNewswire-FirstCall/ -- Shamir Optical Industry Ltd (NASDAQ:SHMR), announced that Company management will present at the CIBC World Markets 16th Annual Healthcare Conference in New York City. Eyal Hayardeny, executive vice president, and Michael Latzer, president Shamir USA, will provide an overview of the business and financial highlights on Tuesday, November 8th at 8:00 a.m. EST. To access the live webcast of this event, visit http://conferences.cibcwm.com/health05/. The passcode for the conference is: november. The presentation will be archived for 90 days. About Shamir Shamir is a leading provider of innovative products and technology to the progressive 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), 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. http://conferences.cibcwm.com/health05DATASOURCE: Shamir Optical Industry Ltd CONTACT: Investor Relations, Roni Gavrielov, KM / KCSA Investor Relations, +972-3-516-7620, ; Jeffrey Goldberger, +1-212-896-1249, , or Marybeth Csaby, +1-212-896-1236, , both of KCSA Worldwide, for Shamir Optical Industry Ltd

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