Change of Management at HOYA Hill Optics in South Africa

Uithoorn, The Netherlands (ots/PRNewswire) -

Hoya appointed Mr. Donald Currie as the Managing Director of HOYA
Hill Optics following the acquisition of 100% of the shares in the
company.

Managing Director and founder of Hill Optics, Mr. Clifford Sher,
will resign on June 30th 2012, while Mr. Donald Currie, who until
recently held the position of Managing Director at Carl Zeiss Vision
joined HOYA Hill Optics from June 1st. Mr. Currie has over 20 years
of experience in the international optical industry with companies
such as Johnson & Johnson, Transitions, Carl Zeiss Vision and Hoya.

Hans Werquin, CEO of Hoya Vision Care Europe, comments: "For
HOYA, there are immense opportunities for growth in the South African
market. We thank Clifford Sher for his relentless efforts to supply
our South African customers with the best products and the best
service. We are fortunate to have found Donald to take over the helm
at HOYA Hill Optics. With his international optical background and
strong business acumen he is the right person to continue the rapid
development of HOYA."

About HOYA Hill Optics (Pty) Ltd

HOYA Hill Optics (Pty) Ltd is a leading manufacturer and
distributor of ophthalmic lenses in South Africa. Hill Optics (Pty)
Ltd was founded by Clifford Sher in 1984. HOYA Vision Care and Hill
Optics (Pty) Ltd have worked together under exclusive arrangement
since 1997. In 2006, HOYA acquired a 51 % share in Hill Optics (Pty)
Ltd., after which the company continued under the name HOYA Hill
Optics (Pty) Ltd. In 2011, HOYA acquired the remaining 49 % of
shares. HOYA Hill Optics employs 250 people in 3 branches:
Johannesburg, Durban and Cape Town.

About Hoya Corporation

HOYA is a Japanese multinational med-tech company and leading
supplier of innovative and indispensable high-tech and healthcare
products based on its advanced optics technologies. HOYA is active in
two main business segments: The Life Care segment deals in health
care related products such as eyeglass lenses and operates retail
shops for contact lenses, as well as medical related products such as
intraocular lenses for cataract surgery and medical endoscopes. The
Information Technology segment handles electronics products such as
mask blanks and photo masks for semiconductors and LCD panels, glass
disks for HDDs and imaging related products such as optical lenses,
lens modules and micro lenses for digital cameras. HOYA Group
comprises of over 100 subsidiaries and affiliates and over 32,300
people worldwide.

ots Originaltext: Hoya Corporation
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Contact:
For more information and images: HOYA Vision Care Europe,
press@hoya.eu, +31-297-514225