INVITATION FOR TECHNOLOGICAL COOPERATION

Company: OPTONOL LTD.

DOCUMENT STRUCTURE:


CONTACT DATA
Organization: OPTONOL LTD.
Contact: Name: Mr. Ira Yaron
Position: President & CEO
Address: Communication Center
Neve Ilan
ISRAEL, 90850
Telephone: 02-5349666
Fax: 02-5349660
Email: optonol@optonol.com
WEB site: www.optonol.com


GENERAL INFORMATION
Established:  1996
Ownership:  Private
Parent:  Medinol Ltd.

Core business

Devices for therapy, surgery and diagnosis of eye disease.

Employees:  25
Main Markets:  Patients with eye disease.

Overview

OPTONOL LTD. is an Israeli company founded in 1996 as a spin off
Medinol Ltd.. OPTONOL is committed to the development of very
high quality, top performance medical devices that reduce human
suffering, enhance the quality of human life and streamline
healthcare management.

The Company developed a proprietary implantable device - the
Ex-PRESS, for the treatment of glaucoma by reducing the
intraocular pressure.

The conventional glaucoma treatment plan moves along a path that
begins with medical treatment, namely pharmaceuticals of various
kinds. Pharmaceuticals are effective in only 30% of the patients
over a prolonged period. In the remaining 70%, the conservative
treatment eventually fails with potentially detrimental effects.
In the long run, the laser procedure appears to be failing in
most Caucasians and at best provides results as good as those
achieved in the medical treatment.

This situation leaves the glaucoma market with unserved needs for
which Optonol's Ex-PRESS implant provides an optimal solution
that is a better alternative both medically and economically. The
procedure is minimally invasive, simple, and rapid. The clinical
results show the implant to be safe and efficacious.



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MATIMOP ADDRESS:
Liaison: Mr. Uzi Bar-Sadeh
Internet site: http://www.matimop.org.il
Email: uzi@matimop.org.il
Mail: POBox: 50364 Tel Aviv Israel 61 500
Fax: ++ 972 3 5177655