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Strategic Investor Joins The Capital of DigitalOptometrics
Published September 24th, 2018

Strategic Investor Joins The Capital of DigitalOptometrics

FOR IMMEDIATE RELEASE

September 18, 2018

Contact: Howard S. Fried, O.D., President DigitalOptometrics, LLC. 516-243-8575 hfried@digitaloptometrics.com

DigitalOptometrics LLC announced today that an S&P 500 company with worldwide facilities and traded on the New York Stock Exchange for more than 85 years has made a significant investment in the capital of DigitalOptometrics reflecting confidence in the DigitalOptometrics remote optical technology and its plans for growth in the tele-optometry market. The funds will be used by the Company for working capital to fund expansion of its business geographically to locations throughout the United States. “We welcome our new world-class partner to the equity of our Company, its support of our efforts to deliver excellence in the performance of comprehensive eye exams and service and its shared knowledge with our senior executives and managers” said Howard S. Fried, O.D., President and Founder of DigitalOptometrics LLC.

DigitalOptometric’s telehealth system replicates a thorough in-person comprehensive eye exam in less than 30 minutes. A remotely based licensed Optometrist reviews the same data from pre-testing equipment used in a comprehensive in-person exam. A digital phoropter, operated remotely by the Optometrist, results in accurate subjective visual findings for corrective contacts or eyeglasses for the patient. High definition video conference equipment permits the Optometrist and patient to discuss, in real time, the patients’ eye health, current visual findings and for the Optometrist to answer patient questions. Upon conclusion of the exam, the
patient is delivered a prescription for corrective eyeglasses or contact lenses. The Companys’ remote optical exam system, launched in March, 2018, has completed thousands of optical exams with excellent ratings in customer satisfaction. Operating in New York, New Jersey, Illinois and Minnesota plans are being implemented to accelerate expansion throughout the United States.

Optical providers can now secure long-term market exclusivity and expand their business and practices with the
DigitalOptometrics technology solution by performing comprehensive eye exams on patients at remote or multiple locations replicating an in-person exam with a remotely based Optometrist. With our patented system, licensed Optometrists can now expand accessible eyecare to millions of patients, economically, delivering an accurate eye exam with an exciting and enjoyable patient experience during all customer business hours and at the convenience of the patient.
More information is available at www.digitaloptometrics.com.