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Essilor International Expands Footprint in Europe, Latin America

Local partnerships are a key component.

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(PRESS RELEASE) CHARENTON-LE-PONT, FRANCE – Essilor International, an EssilorLuxottica subsidiary, is pursuing its acquisition and partnership strategy with the completion of four transactions worldwide, representing combined full-year revenue of around €48 million ($54 million). Local partnerships are a key component of Essilor’s mission of “improving lives by improving sight.”

Essilor further strengthens its development strategy in Germany, the fifth-largest ophthalmic optics industry in the world. To speed up the development of a drive-to-store model that gives consumers access to the latest digital technologies combined with the expertise of independent opticians, Essilor signed an agreement to acquire 100 percent of Brille GmbH. The latter is one of the leading online retailers of optical products in Germany with annual revenue of close to €25 million. The acquisition of Brille is subject to approval of the German competition authority (Bundeskartellamt).

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The Company reinforces its presence in Greece, where Essilor partner Shamir acquired Union Optic, a prescription laboratory that also distributes optical instruments. Union Optic generates annual sales of about €9 million and operates four branches across Greece and Cyprus. Union Optics acquisition by Shamir will strengthen the footprint of the Essilor Group in the territory, where Bairamoglou and Unilens are long standing distributors of Essilor lens and Nikon lens, respectively.

Essilor also expands its coverage of Latin America to ensure broader access to its innovations in markets there. Essilor acquired a majority stake in Indulentes, one of the leading prescription laboratories in Ecuador with annual revenue of USD9 million. Indulentes will leverage Essilor’s technological know-how to accelerate its expansion in a local market that holds huge potential for progressive and antireflective lenses. This acquisition represents Essilor’s first move into Ecuador.

In Argentina, Essilor acquired a majority stake in Metalizado Optico Argentino S.A. (MOA), one of the country’s leading prescription laboratories. Buenos Aires-based MOA generates annual revenue of about $7 million. This laboratory adds to Essilor’s industrial assets in a country that is home to 45 million people and one of the Latin America’s largest ophthalmic optics market.

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Press Releases

VSP Global Names Board Chairman

He has served on VSP Global’s board since 2010.

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(PRESS RELEASE) RANCHO CORDOVA, CA — The board of directors at VSP Global has named Gordon Jennings, OD, as chairman of the board for a two-year term. Jennings previously served as the vice chairman. He has been in private practice in Wytheville, VA, for more than 30 years, and has served on VSP Global’s board since 2010.

“We are pleased to have Gordon lead the VSP Global Board of Directors,” said outgoing board Chairman Daniel L. Mannen, OD, FAAO. “As VSP Global continues to create value for members and opportunities for VSP network doctors, Gordon will help provide the strategic guidance needed to ensure that we are best meeting the needs of our key stakeholders, including doctors, clients and members.”

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“I am honored to serve as the chairman of the board,” said Jennings. “As a practicing independent doctor of optometry, I believe the future of private practice is bright with many new opportunities available to us. I look forward to guiding and supporting VSP Global efforts that will help strengthen our profession.”

Jennings received his bachelor’s degree from Roanoke College and his doctor of optometry degree from Southern College of Optometry. He routinely pursues continuing education to remain at the forefront of the latest and most advanced treatment techniques and technologies. He has received numerous awards for his service to the profession including the American Optometric Association’s Optometric Recognition Award for his dedication and commitment to the importance of continuing education and lifelong learning. He is also a recipient of SECO International’s Optometrist of the South Award as well as the Distinguished Achievement Award and Optometrist of the Year Award from the Virginia Optometric Association.

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Press Releases

RevolutionEHR Names VP of Operations

He was previously the director of product management.

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(PRESS RELEASE) MADISON, WI — Rev360 has named Corey Crawford as its vice president of operations for RevolutionEHR.

Crawford was previously the director of product management. In his new role he’ll bring a wealth of industry experience to oversee a fusion of software solutions designed to meet the specific needs of the eyecare professionals who use the product.

Crawford has worked in product management for such household names as AOL, MapQuest and Gogo (in-flight internet), along with a track record of delivering enterprise cloud-based solutions in healthcare and other industries. His experience across many different platforms positions him to oversee the progression of RevolutionEHR’s software.

“My goal is to synthesize everything into a comprehensive user experience, starting from the time a customer first looks at our product, to purchasing it, to implementing it, to using it, to mastering it — all of those are important milestones in the customer’s eyes,” said Crawford. “Pulling it all together into a cohesive experience for the customer is something I enjoy doing and have had a lot of success with.”

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“Corey has a tremendous understanding of software SaaS and technology platforms and an ability to transform that into real-world impact to our customers,” said Scott Filion, Rev360’s new CEO. “He also has the great skill of taking complex problems and distilling them down to the most basic common denominator to determine the quickest solution. We’re committed to delivering efficiency and effectiveness to our customers, and that’s why Corey’s going to lead the operations side of RevolutionEHR. He’s a doer.”

Crawford is an instrument-rated private pilot and is also a military veteran, having spent six years in the Air National Guard working on F-16 fighter jets as a Weapons Technician during the Iraq conflict.

Of his new role at RevolutionEHR, Crawford said, “It’s a great opportunity: The customers are awesome, the product is awesome, and yet there are many opportunities to make it better.”

Crawford can be reached ccrawford@rev-360.com

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Santinelli International Names Sales Consultant

He has been an associate and member of the client services team for the past 13 years.

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Chris Sharkey

(PRESS RELEASE) HAUPPAUGE, NY – Santinelli International announces that Chris Sharkey has been promoted to sales consultant for the NY – Long Island Sound Territory, covering Nassau, Suffolk, Queens, the Bronx and Westchester Counties.

Sharkey has been a Santinelli associate and member of the client services team for the past 13 years.

Sharkey’s knowledge of Santinelli’s product line will be a valuable asset to its existing customer base as well as new prospects. Sharkey’s friendly, consultative approach will refresh Santinelli’s presence in one of its most important territories, its NY-Long Island backyard. Sharkey will be backed by Santinelli’s home office, located in Hauppauge, where the company hosts its technical service team, in-house repair center and much of its executive team.

“We are very excited about Chris’ addition to our sales team,” said Gerard Santinelli, president and CEO. “Chris is eager to take this valuable territory to the next level and is excited for the opportunity to represent Santinelli International and provide the best in-office finishing solutions in the industry. With Chris’ understanding of the industry and our products, the connectivity to our valued customer’s within this territory will be better than ever.”

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