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YOUR FRIENDS' ACTIVITY

    MENICON ACCELERATES GLOBAL BUSINESS EXPANSION WITH OPENING OF R&D AND MANUFACTURING FACILITY IN SINGAPORE

    ATTENTION EDITOR (WITH PHOTOS)

    GENERAL DESK

    AsiaNet 43822

    KUALA LUMPUR, Malaysia, Mar. 22 /BERNAMA-AsiaNet/ --

    Menicon Singapore, a subsidiary of Menicon Co., Ltd., Japan''s first and largest

    contact lens manufacturer, has opened its new R&D and manufacturing facility.

    Located at International Business Park, the 6,000-square-meter facility is the

    company''s first manufacturing facility in the world producing daily disposable

    contact lenses, and will also house Menicon''s first R&D center in Asia outside

    Japan.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20110310/MM62756-a)

    (Photo: http://www.newscom.com/cgi-bin/prnh/20110310/MM62756-b)

    The new US$97 million dollar facility, which will feature quality control

    systems and unique state-of-the-art manufacturing technology developed by

    Menicon, was officially opened by Mr. S. Iswaran, Senior Minister of State,

    Ministry of Trade and Industry and Education, on March 2.

    Menicon is dedicated to all areas of the contact lens business including

    material development, lens design and the manufacture of contact lenses and care

    solutions. The new facility will expand Menicon''s capacity and competitiveness

    for the supply of daily disposable lenses to global markets.

    In addition to producing daily disposable contact lenses, the new facility is

    slated to become a hub for the development of new technologies, complementing

    research conducted in Japan. Menicon Singapore will utilize technology developed

    locally in Singapore to produce state-of-the-art disposable contact lenses.

    Speaking at the official opening, Dr. Hidenari Tanaka, CEO, Menicon Co., Ltd.,

    said, "The opening of Menicon Singapore''s manufacturing and R&D facility will

    propel Menicon into a global contact lens manufacturer and strengthen our

    position as a global vision care company. Singapore''s economic and social

    stability, pro-business policies, competitive production costs, leading-edge

    medical technology, outstanding human resource capabilities and advanced

    industrial development were key factors behind our decision to set up this

    facility as the company forges ahead with global business expansion."

    Menicon Singapore Overview:

    Location: 8 International Business Park, Singapore 609925

    Site area: Approximately 6,000 square meters

    Production item: Daily disposable soft contact lenses

    Start of production: March 2011 Investment capital: USD 97 Million (approx. 8

    Billion JPY)

    Number of employees: 79

    About Menicon:

    Headquartered in Nagoya, Japan, and represented in over 30 countries, Menicon is

    Japan''s first and largest contact lens and care product manufacturer. Menicon is

    dedicated to every aspect of the contact lens business from material development

    and lens design to manufacturing of lenses and lens care solutions. Menicon

    offers an expanding portfolio of innovative contact lenses, packaging and

    related products that maximize user comfort and convenience. Founded in 1951,

    Menicon aims is to deliver safe contact lenses worldwide, placing priority on

    eye health by pursuing research and development, unique advanced manufacturing

    technology, and delivering support services for healthier vision. 2011 marks

    Menicon''s 60th year in business.

    ImageS accompanying this release can be viewed at:

    http--mrem.bernama.com-photo-17000.jpg

    http--mrem.bernama.com-photo-16998.jpg

    SOURCE: Menicon Co., Ltd.

    FOR MORE INFORMATION PLEASE CONTACT:

    Menicon Co., Ltd.

    NAME: Toshio Matsushima

    Global Strategies & Operations

    TEL : +81-52-937-5021

    FAX : +81-52-935-1121

    EMAIL: matsushima@menicon-net.co.jp

    URL: http://www.menicon.com

    Menicon Singapore

    NAME: Rani Ramasamy/Serene Tan

    PR Communications Pte Ltd

    TEL : +65-6227-2135

    EMAIL: rani@prcomm.com.sg/serene@prcomm.com.sg

    Image Attachments Links:

    http://asianetnews.net/view-attachment?attach-id=181173

    http://asianetnews.net/view-attachment?attach-id=181174

    DATE OF RELEASE: 22 MARCH 2011

    RELEASED BY BERNAMA MEDIA RELATIONS & EVENT MANAGEMENT (MREM)

    (MA)

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