Shamir Optical Industry Ltd to Host Conference Call Announcing Fourth Quarter and Year-end 2005 Earnings Results
February 22 2006 - 12:07PM
PR Newswire (US)
KIBBUTZ SHAMIR, Israel, Feb. 22 /PRNewswire-FirstCall/ -- Shamir
Optical Industry Ltd (NASDAQ:SHMR) expects to issue its fourth
quarter and year-end 2005 earnings results on Tuesday, February 28,
2006. The Company has scheduled a conference call to discuss the
results at 9:00 A.M. EST on Wednesday, March 1, 2006. The
conference call will be broadcast live as a listen-only webcast. To
listen live, please go to http://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 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. DATASOURCE: Shamir Optical Industry Ltd CONTACT: Investor,
Roni Gavrielov of KM / KCSA Investor Relations, +972-3-516-7620, ,
or Jeffrey Goldberger, +1-212-896-1249, , or Marybeth Csaby,
+1-212-896-1236, , both of KCSA Worldwide Web site:
http://www.kcsa.com/
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