| Electro-Active Lens Technology Using New Technology to Correct for Presbyopia PixelOptics composite lens technology incorporates a patent-protected disruptive innovation platform that forms the basis for dynamic lenses with a changeable focus. While this platform allows for a multitude of business opportunities, PixelOptics is initially focused on the largest market opportunity spectacles that correct for presbyopia. We envision growing a meaningful market based on dynamic, intelligent lenses that automatically adjust focusing power electronically, in milliseconds without any moving parts, based on various visual task requirements and environments. Our highly proprietary electro-active lenses use a combination of chemistry, electricity and other components to create dynamic and intelligent optics for the correction of presbyopia (loss of near focus after the age of 40) and other visual disorders. Wearers will instantly achieve optimal vision no matter where they look far, near, or in-between. In addition, lenses based on PixelOptics electro-active technology will significantly reduce head movement as well as distortion associated with conventional state-of-the-art bifocals and progressive addition lenses. 
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