NuLens Selected as Winner of the Red Herring 100 Europe 2009

NuLens Ltd. announced that it was named a WINNER of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA region each year.

NuLens is currently developing a new Accommodative Intraocular Lens (IOL) technology that will enhance a patient’s quality of vision following traditional cataract procedures. Currently, lenses inserted during surgery have had a positive impact in correcting the opacities associated with the cataract but limited success in restoring the accommodative function; the ability to focus at all distances. NuLens® IOL innovation will prove to be the first intraocular lens to provide real, comfortable, and lasting accommodation for all distances – the way nature intended. It is expected that patients will not require additional procedures or corrective eyewear after the NuLens IOL is implanted. Early clinical studies have demonstrated the potential of this technology to deliver on its promise. Additionally, NuLens is evaluating the potential to restore accommodation in patients who have already undergone cataract surgery, and in patients suffering from presbyopia, an age-related deterioration in near vision. "This recognition from the Red Herring reflects the importance and potential of NuLens’ ophthalmic technology,” said Ori Gal, NuLens' CEO.

Red Herring’s editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

About NuLens Ltd.

NuLens Ltd. was established in 2002 to research, develop and market innovative technologies in ophthalmology. NuLens' first technology is an accommodative intra-ocular lens (IOL) with the potential of over 10 diopters of accommodative power. NuLens is a privately-held company with offices in Herzeliya, Israel. Among its top tier investors are Elron Electronic Industries (ELRN) and Warburg Pincus private equity group.

For more information, please visit www.nu-lens.com.

About Red Herring

Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe.

For more information: www.redherring.com.