Menicon Co. Acquires Tomey Co. to Improve Competitiveness

By Menicon Co. Ltd., PRNE
Thursday, March 18, 2010

Menicon takes another step to global expansion by vertical integration -

NAGOYA, Japan, March 19, 2010 - Menicon Co., Ltd. announced on March 17 that it had acquired all shares
of Tomey Co., Ltd. from Tomey Shoji Inc. The deal was completed on February
1, 2010
.

Tomey Co. is a major Japan-based manufacturer of contact lens care
solutions, soft contact lenses, and RGP materials, and has been in operation
since 1971. Tomey Co. has been the contracted supplier to Menicon Co., Ltd.
of contact lens care solutions, and the exclusive supplier of Menicon monthly
replacement soft contact lenses, and latheable RGP and soft lens materials
including Menicon Z, Menicon EX, Menisoft and Menicon Soft 72. This
acquisition enables Menicon to control completely the manufacture of its lens
and lens care products, and will strengthen the company's competitiveness in
Japan as well as in the global markets.

Tomey Co. will be renamed MeniconNect. A former director of Tomey Co.,
Hirofumi Minamikawa, was appointed to lead MeniconNect as its President, with
Tokiyasu Tsuchida of Menicon named Executive Vice President of MeniconNect.
Together, they will form a new management team to steer the company as one of
the Menicon group companies. All former Tomey Co. employees will remain in
MeniconNect and the manufacturing facilities will stay as they are.

"Menicon is very pleased to complete, through this acquisition, the
vertical integration of manufacturing and material procurement into
operation. Having complete control of manufacturing operations will help us
provide even better products and services, and excellent value to all our
customers in Japan and around the world. This will certainly help us
accelerate our global business expansion," commented Dr. Hidenari Tanaka,
President of Menicon Co.

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, matsushima at menicon-net.co.jp

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