GlassesOff Scientists to Present New Scientific Data at ECVP 2013

GlassesOff Scientists to Present New Scientific Data at ECVP 2013

New Data From Recent Studies Suggests Future Potential Applications For GlassesOff Technology

NEW YORK--(BUSINESS WIRE)-- GlassesOff Inc. (OTC:GLSO) today announced that the company’s Chief Scientific Officer will present new scientific data from recent studies, using GlassesOff’s proprietary neuroscientific technology, that demonstrate the transfer of Perceptual Learning tasks to practical improvement in visual functions.

In these studies, participants that trained on a specific visual task demonstrated improvement in various vision functions, suggesting that GlassesOff’s technology is not limited to reading improvement and can be effective in numerous vision functions.

Prof. Polat will report results obtained from two different subject groups: 1) group of presbyopes (aging eye, average age ~51 years) and 2) group of young subjects (20-30 years old). In both groups training with the GlassesOff product improved multiple visual functions such as contrast sensitivity, visual acuity, crowding, reaction time, 3D vision, object detection and reading speed.

The robust results from the studies indicate that there is a potential to develop additional commercial applications utilizing the GlassesOff platform. These applications will be designated to improve multiple visual functions, including 3D vision, reaction time and object detection in several mass market segments, including sports performance for hundreds of millions of professional and amateur athletes, applications for increase in reading speed for school children, as well as other mass market applications.

Prof Polat, CSO and co-founder of GlassesOff™ commented, “The transfer of learning to different visual functions indicates that the improvement can be generalized. The transfer between different visual tasks can be achieved by improving the processing speed, which enables more efficient processing of many visual functions.”

The data will be presented on August 28, 2013, at the European Conference on Visual Perception, on Wednesday, August 28 in Bremen, Germany.

About GlassesOff

GlassesOff Inc. is a company developing and commercializing next generation vision sharpness applications. GlassesOff™ has developed a proprietary, patent-protected technology platform to improve near vision sharpness, by improving the image processing function in the visual cortex of the brain, without changing the optical characteristics of the eye. The GlassesOff product has been designed to eliminate the dependency on reading glasses of people over the age of 40 who experience natural age-related changes in their near vision sharpness. The GlassesOff product is expected to be sold initially as an iPhone/iPad app, and was named one of the top Emerging Breakthroughs in Science and Technology for 2013 by Reader’s Digest Magazine. For more information, visit www.glassesoff.com.

Safe Harbor Statement: This press release contains forward-looking statements, which may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “would,” “intends,” “estimates,” “suggests,” “has the potential to” and other words and phrases of similar meaning, including statements regarding the results of effectiveness of GLASSESOFF’s applications. Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect GLASSESOFF’s business and prospects, including the risks that GLASSESOFF may not succeed in generating any revenues or developing any commercial products, that the products may not achieve the expected results or effectiveness, and other risks and uncertainties that may cause results to differ materially from those set forth in the forward-looking statements. In addition to the risk factors described above, investors should consider the economic, competitive, governmental, technological and other factors discussed in GLASSESOFF’s filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and we do not undertake any obligation to update forward-looking statements, except as required under applicable law.



GlassesOff, Inc.
Nimrod Madar, 855-EYES-AGE
CEO
Nimrod.Madar@glassesoff.com
or
M&C Saatchi PR
Andrea Nirsimloo, 646-619-2813
Senior Account Director
andrea.nirsimloo@mcsaatchi.com

KEYWORDS:   United States  Europe  North America  Germany  New York

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