Kowa Optimed Announces Promotion Of Craig Ross To President And COO; Names Kowa Executive Shinji Toyoda To Vice-Chairman

Kowa Optimed, Inc.

New Positions Add Depth, Talent and Experience to Executive Management Team as Company Builds Technology Leadership Position

Los Angeles, CA – Kowa Optimed, Inc., is setting the standard for new product and technology innovations, announces the promotion of Craig C. Ross to president and chief operating officer of the company, and named Shinji Toyoda as its new Vice- Chairman.

"I am confident that we will continue to build on our heritage as a leader in servicing key industries and bringing new products to market, and believe we have only begun to tap the potential for this company, our innovative products, and our people," says Mr. Ross. In his new role as President/COO, Ross will report to Kowa Optimed's Vice-Chairman, Shinji Toyoda, and will be responsible for the company’s day-to-day operations. His primary focus will be executing the company's growth business plan with a continuing role in strategic acquisition activity.

Mr. Toyoda role will be to support Kowa Optimed’s strategic planning and continued growth. Mr. Toyoda most recently held the position of President of Kowa Optimed and previously served as General Manager of Intellectual Property and Legal Department of Kowa Company’s Electronics & Optics Division. "Our strategic plan has been to strengthen our management depth and operational focus," remarked Mr. Toyoda, Vice- Chairman of Kowa Optimed, Inc.

"Over the last twenty-six years, Craig Ross has played a key role in assuring that Kowa Optimed's operating activities have been sharply focused on execution of the business plan." "His knowledge and understanding into every facet of our business uniquely qualifies Craig to lead our company and assure continued rapid and profitable growth." Starting his career at Kowa Optimed, Craig Ross was a Sales Manager in the Medical Products Division before being promoted to Vice President of Sales and Marketing, which expanded to several divisions: the Medical Products Division, Sporting Optics Division and the Vision Products. Since then he has worked tirelessly toward leveraging Kowa Optimed as a leader in each of these specialty markets.

About Kowa
Kowa Optimed is part of Kowa Company Ltd., founded in 1894. Kowa is one of the largest privately owned companies in Japan. Kowa Optimed is part of the Electronics and Optics Division. Since its inception in 1946, the Kowa Electronics and Optics Division has combined electronics, mechanics, and optics to create significant new technologies. Kowa is devoted to producing the most innovative and cost-effective optical products in the world.

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