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PFO Global Strengthens It's Management Team

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December 3, 2014

Irving, TX - PFO Global Group, a privately held innovative manufacturer of finished eyewear, today announced the expansion of its executive team in line with the Company’s continued growth leveraging technology to provide a better solution for eye care professionals. The Company appointed Tim Kinnear as Chief Financial Officer, George Moore as Executive Vice President of Information Technology, Ken Elstad as Executive Vice President of Sales, and Jeff LaPlante as Executive Vice President of Business Development.

PFO Global Management Team

“Strengthening our team at a senior level comes at an exciting time in the evolution of our company. Through continuous investment in our employees, technologies and facilities, we have significantly enhanced our capabilities and reinforced our platform of value-added services to Eye Care Professionals worldwide,” said Rudolf Suter, President and CEO.

As Chief Financial Officer, Tim will be responsible for overseeing the company’s US facilities including its Connecticut-based PFO Optima operation, which provides finished and semi-finished Resolution & Asahi lenses and logistic services, and its Irving, Texas based corporate office and technology center. Prior to joining PFO, Tim served in executive roles for United Network Service, Inc., InnerWireless, Intrusion, Inc., and Cyrix Corporation. He has extensive expertise in finance, IT, human resources, startups and publicly traded entities.

In his role as Executive Vice President of Information Technology, George Moore, will manage all aspects of information technology - enhancing capabilities to streamline processes and business intelligence efficiently. During his tenure at PFO, George and his team have implemented PFO Global’s cloud services for secure lens ordering portal that are HIPAA and PCI Compliant, ERP for streamlining accounting processes and reporting dashboards, and CRM system for tracking sales reporting for US and Global expansion.

With careers totaling over 30 years in the optical industry, both Ken Elstad and Jeff LaPlante have built up an enviable track record in sales, strategy and leadership. Ken, formerly with PECH Optical, began his career at PFO since March 2014 with a focus to expand PFO Global’s sales force throughout the US targeting premium, high quality, high volume buying groups and independent eye care providers.

Jeff joined the team in June 2014, with a broad expertise in product knowledge, business development and commercial management working with companies such as Signet Armolite/Essilor and Pearle Vision. As Executive Vice President of Business Development, Jeff will focus on expanding business relations with Managed Vision Care in US and developing PFO’s product and technology portfolio with global customers.

About PFO Global
PFO Global is an innovative manufacturer of Advanced Lens Design, Finished Eyewear and Vision Technologies. As a leading supplier of finished eyewear products for US Healthcare Entitlement Programs, such as Medicaid and Medicare, PFO interactive manufacturing systems connect the world utilizing a complete material fulfillment and proprietary online ordering system. PFO focus is meeting today’s economic needs with tomorrow’s technologies that enhance the quality of life and transform business.

Media Contact: Claudine Williams, Director Marketing, Tel.: 817-251-4333, Email Claudine
Investor Contact: Stephanie Carrington, ICR, Tel. 646-277-1282; email: Stephanie.carrington@icrinc.com
For more information email us at: info@pfoglobal.com or visit our website www.pfoglobal.com