Menicon Acquires Lagado Corporation

NAGOYA, Japan, June 16, 2010 - Menicon Co., Ltd. announced on June 16 that Menicon and Lagado
Corporation based in Colorado, USA, reached an agreement for Lagado to become
a wholly owned subsidiary of Menicon America Inc., effective as of June 14,
2010.

Lagado will continue to operate from its current location in Englewood,
Colorado, as a supplier of contact lens materials to custom gas permeable
(GP) and soft contact lens manufacturers. The acquisition by Menicon will
enable Lagado to further improve its product range and enhance the service
level to Lagado's existing customers worldwide, and will help Menicon expand
its global presence in the custom contact lens market. Menicon will expand
its product offerings to custom manufacturers by adding the Lagado product
line to Menicon Z and other Menicon polymer products.

Lagado's R&D innovation is well known and respected in the industry and
it is Menicon's intention to maintain and further intensify the material R&D
activities at Lagado under the direction of Bill Hoffman, noted polymer
chemist and co-founder of Lagado. Hoffman will remain as a consultant to
Lagado for the next five years.

"Menicon's deep commitment to high-performance oxygen permeable contact
lenses is one of the key reasons for expansion into the custom contact lens
materials field. Lagado provides a base from which to develop new and
innovative polymers for custom lens applications, and creates for Menicon an
expanded connection to the community of specialist contact lens labs and
fitters in North America and beyond. It is not Menicon's intention to restart
lens manufacturing in North America. Rather, Menicon plans to deliver
exceptional services and technology to the custom lens laboratories as a lens
material supplier as well as a dependable business partner," commented Toshio
Matsushima, Senior Executive Officer, Menicon Co.

Hoffman, Lagado co-founder, commented on the acquisition by Menicon: "We
see this as a tremendous opportunity for Lagado to expand our service and
product offerings to all our existing customers. Combining Lagado and
Menicon's polymer science experience and capabilities will take Lagado R&D
into new directions. It will also help take Lagado products into new markets
where we haven't had a presence."

The management team to lead Lagado forward will be headed by Jonathan
Jacobson, President of Menicon America. Jacobson added, "I am pleased to
welcome Lagado Corporation into Menicon as I am very enthusiastic about
Lagado's products, and am confident that with Menicon's additional resources,
coupled with Lagado's existing customer base and product range, we will be
able to serve the needs of the custom lab community and specialty contact
lens fitters well into the future."

About Lagado

Lagado Corporation, founded by Bill and Renata Hoffman in 1999, is a
producer of specialty polymers used in the production of GP and soft contact
lenses. The company supplies its products to customers all over the world. It
has recently launched a latheable silicone hydrogel material to meet the
growing demand for custom soft lenses.

About Menicon

Menicon Co., Ltd. (www.menicon.com), founded by Kyoichi Tanaka in
1951, is Japan's first and largest contact lens manufacturer, and now is
represented in over 30 countries. Menicon is a manufacturer dedicated to all
areas of soft and GP contact lens-related businesses including material
development, lens designing, and manufacturing of contact lenses and care
solutions. Menicon is a world leader in the development of hyper-Dk GP
(Menicon Z) and soft contact lenses (Menicon PremiO).

    Contact:
      Toshio Matsushima
      Global Strategies & Operations
      Menicon Co., Ltd.
      Phone: +81-52-937-5021
      Fax: +81-52-935-1121
      E-mail: matsushima@menicon-net.co.jp
      URL: www.menicon.com

Toshio Matsushima, Global Strategies & Operations of Menicon Co., Ltd., +81-52-937-5021, Fax: +81-52-935-1121, or matsushima at menicon-net.co.jp