Optelec U.S. Announces New Appointments In Leadership

December 22, 2005

With the addition of the Professional Products we can now realize our Vision to offer a complete toolbox in terms of products for each stage of Low Vision and for the Blind. To fully organize the successful implementation, I am very pleased to announce some top promotions to manage our business in the United States.

Please join me in congratulating the following appointments:
James Bailey President, Electronics Low Vision Products
Larry Lewis President, Blindness Products
Bill Mattingly President, Professional Products

The Presidents possess distinguished experience and expertise in each of the product lines and will have the autonomy and responsibility to effectively meet the needs of our customer by product line. Each President will collaborate to assure the entire customer base for Optelec U.S. is exposed to the host of products we offer in a unified store-front.

Takashi Yamashita, Chief Financial Officer (second in command) and I are committed to supporting the Presidents in realizing the Vision to be the One Stop Shop for Low Vision and for the Blind.

Michiel van Schaik
Chief Executive Officer
Optelec Holding B.V.

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