Optical Dynamics presentation

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OPTICAL DYNAMICS
Vision – Passion - Innovation
CONFIDENTIAL – Property of Optical Dynamics Corporation, Distribution Prohibited
Project: nanoCLEAR
A new in-mold AR coating product that enables AR lens
production with the quality, speed and cost of table top lens
casting.
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Product Overview
Innovative, low cost, multilayer, thin film anti-reflective
coating system based on:





Unique, spin applied liquid
chemistries
The coating’s optical and
mechanical properties are
engineered using nanomaterials
Low cost, low complexity
hardware enables retail store
deployment
Capital equipment costs are
much lower than current vacuum
systems
Enables 1 hour service for AR
coated Cast to RX ODC Lenses
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Anti-Reflective Stack
•Alternating layers of high
and low index thin films
•Film thickness ~100nm
Low Index
High Index
Mid Index
•Tolerance ~+/- 5nm
Hard Coat
•Minimum of three layers
Lens
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Anti-Reflection and Nanomaterials
•
An anti-reflective coating is achieved
by depositing thin films of alternating
refractive indexes
• By engineering the refractive indexes
and thicknesses of these films,
visible reflections are reduced and
transmission is improved
• Nano-scale additives must be used to
avoid transmission losses and
scattering that occur with larger
particles
Nanomaterial benefits:
• Increased ability to engineer
refractive index
•
Improved mechanical performance
Material
Mohs Hardness
Refractive Index
Al2O3
9
1.62 @ 600nm
SiO2
7
1.46 @ 600nm
TiO2
6
2.2-2.7 @ 550nm
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Nanomaterials Overview
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Distribution Prohibited
www.nsf.gov/.../bordogna/
rochester/sld006.htm
Research and Development Team
• Cooperative research between investigators at ODC and the
University of Louisville and the University of Kentucky
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University Involvement
The relationship with the Universities is
facilitating development with innovative nanomaterials solutions and advanced research
tools
•Development of new and novel
nanomaterials and their dispersions
– Control of refractive index from 1.4 to
2.2
– Improved mechanical performance
– Stable chemistries
•Material characterization
•Agreements with both Universities are in
place
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Liquid AR Product Advantages
15%
10%
Online Job Tracking
0%
Educational Resources
5%
Product Availability
•
20%
Price
•
•
25%
Product Quality
•
30%
Customer Service
•
Product enables AR coating in a retail
environment. AR coated lenses delivered to
customers in about an hour
Much lower hardware cost than current
vacuum technology
Hardware and process can be scaled for
effective use in various retail environments
Ease of use
Low residual stress in the layers results in a
more durable coating
Glass molds are much easier to clean than
plastic lenses
Turnaround Time
•
35%
Source: 2020 Magazine wholesale lab usage survey
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Current Market
• Equipment costs
– Vacuum deposition $250k-$1M
• Vacuum AR job cost to lab
• AR cost to consumer
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ODC (Everclear) Value
Proposition
Small
Low
footprint
capital investment
Just-in-time
Low
technical skill required
Comparable
Cost
delivery
performance attributes to existing AR coating
cutting advantage
Increased
revenue opportunity
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Recent Improvements
High Performance Polymers Incorporating Nanoparticles
Refractive Index as a Function of Ceria Loading
•Increased flexibility in AR stack design
1.95
•Refractive index control
Refractive Index
•Thickness control
1.9
1.85
1.8
1.75
1.7
Improved mechanical performance
1.65
60
70
80
90
100
CeO2 Loading (%)
•Polymer based film
Abrasion Resistance as a Function of CeO2 Loading
•Improved scratch resistance
Haze Increase
•Nanoparticles act as binders
5
5
4
4
3
3
2
2
1
1
0
60
70
80
CeO2 Loading
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90
100
Recent Hardware Improvements
Improved coating bowl design and motion system
have improved process time and yield rate
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Recent Coating Improvements
–
–
–
–
Now producing broadband coatings
Improved optical performance
Improved durability - RLS is now greater than 4.5
Able to produce a 3 layer green coating to meet customer
requirements
RLS
Reflectance Spectrum
5
0.1
4
0.09
0.08
3
Reflectance (%)
0.07
0.06
2003
2
0.05
0.04
2004
1
0.03
0.02
0
0.01
0
380
2003
430
480
530
580
630
680
730
780
2004
Wavelength (nm )
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2005
2006
Supply Chain
• Medivative Technologies
•Medivative currently supplies
products for the automotive,
medical, consumer electronics and
telecommunication industries.
•They produce the Q-2100R and
Dispensing System
• ISO 9001 certified since 1996
•UL listed products
•Customized function testing
•NSF certified facility
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ODC Photochromic Development
Deactivation
90
80
PCC #2
PCC #1
Transitions Spectralite
70
Transitions 1.50
SmartShades
60
% transmittance
SunSensors
50
40
30
20
10
0
0
10
20
30
40
50
60
time in minutes
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Experience / Capabilities
• Nearly 20 years experience in development and design of
ophthalmic radiation curing methods, chemistries, equipment.
–
–
–
–
Lens materials, clear and photochromic (Five launched)
Hardcoatings (Ten launched)
Photochromic coatings
Liquid Nano based AR coatings
• ODC experience and knowledge provide significant unique
product development opportunities
– Cross product adaptation of formulation and curing techniques
– Efficient development and evaluation methods
– Four Researchers with photochromic development expertise.
• Working relationships with several dye suppliers
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Product Synthesis
Process Diagram
Research
Marketing
Gate 1
New
Product
Concept
Development
Demonstration
Engineering
Finance
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Availability
Photochromic Development
Photochromic
•
Number One Purchase Choice Criteria
INDOOR APPEARANCE
•
Number One Customer Return Reason
HIGH TEMPERATURE PERFORMANCE
Source: Corning 2003
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Photochromic Development
Active Transmittance
Source Data: COLTS Laboratories
O-ODC031904-01-04
100.0
SmartShades
Major Brand 1.50
90.0
80.0
60.0
Better
% Transmittance
70.0
50.0
40.0
30.0
20.0
10.0
0.0
0
15
30
45
60
75
90
105 120
135 150 165
180 195
210 225 240
255 270
285 300
QUV Exposure Time - Hours
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Photochromic Development
Activation Rate
Source Data: COLTS Laboratories
100
O-ODC031904-01-01
90
80
% Transmittance
70
60
50
40
30
20
10
SmartShades
Next Gen 1.50
0
0
5
10
15
Time in Minutes
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Photochromic Development
Deactivation Rate
Data Source: COLTS Laboratories
O-ODC031904-01-02
100.0
PC 29-79-3
Next Gen 1.50
90.0
80.0
% Transmittance
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
0
10
20
30
40
50
60
70
80
90
100
110
120
180
240
Time in Seconds
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300
Photochromic Development
Temperature Dependence
Source Data: COLTS Laboratories
O-ODC031904-01-03
100.0
SmartShades
Major Brand 1.50
90.0
80.0
60.0
Better
% Transmittance
70.0
50.0
40.0
30.0
20.0
10.0
0.0
54°F
72°F
81°F
90°F
98°F
Temperature
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Photochromic Development
Change in Transmittance Inactive - Active
Source Data: COLTS Laboratories
O-ODC031904-01-04
90.0
80.0
70.0
50.0
Better
% Transmittance
60.0
40.0
30.0
20.0
SmartShades
Major Brand 1.50
10.0
0.0
0
15
30
45
60
75
90
105
120
135
150
165
180
195
210
225
240
255
270
285
QUV Exposure Time - Hours
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300
Photochromic Outdoor Aging Study
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Photochromic Fatigue Study
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Photochromic Development
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Photochromic Development
Luminous Absorbance of Next Gen Products @ 73F
100.0
90.0
85.0
83.0
78.0
80.0
Luminous Absorbance (%)
70.0
60.0
50.0
At Rest
40.0
Activated
30.0
20.0
13.0
11.0
13.0
10.0
0.0
1.5
Spectralite
Poly
Source: Transitions website 2003
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Q-2100HV
HIGH VOLUME LENS
CASTING SYSTEM
Premium Lenses, Outstanding Profits
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Q-2100HV
SYSTEM OVERVIEW
Cast-To-Rx
Automated System
Modular/Expandable
The Q-2100HV System from Optical
Dynamics is a revolutionary “Cast-toRx” lens manufacturing process.
“Cast-to-Rx” creates a high quality
finished lens without grinding or
polishing.
The system produces finished clear or
photochromic single vision, flat top,
and progressive lenses.
Operators are trained in days, not
months or years.
Premium Lenses, Outstanding Profits
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Q-2100 HV
SYSTEM ADVANTAGES
The Q-2100HV reduces the time, money, and
space required for lens production.
On-demand manufacturing gives you control of
your destiny. Make any premium lens design in
clear or photochromic as required, without semifinished inventory.
Finest surface quality
Improved visual clarity
Accurate, repeatable powers
Greatly reduced training, labor and operating costs
Premium Lenses, Outstanding Profits
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Q-2100 HV
SYSTEM ADVANTAGES
•Real time graphical controls
•On screen training manuals
•On screen maintenance
documentation
•Interactive diagnostics
•Reliable
•Scalable
•Simple
•Efficient
The Q-2100HV system can be
configured to produce hundreds to
thousands of jobs per week. It’s
ease of use and maintainability
provide an average uptime of 99.5%.
The HV System is scalable to meet
your needs. System components
like Pick-To-Light and an Automated
Mold Washer can be added to
increase your productivity.
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Q-2100 HV
SYSTEM ADVANTAGES
Optical Dynamics offers custom software
integration to meet your specific needs.
PC based control systems are highly flexible
and provide visual management tools.
Customized reporting is available to meet your
specific requirements.
VCA/OMA compliant paperless job entry
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Q-2100 HV
CLEARLightTM
- Total UVA & UVB Protection
FINISHED/SEMI-FINISHED
LENS MATERIALS
CLEARLightTM
CLEARLight
SmartShadesTM
- Superior clarity index
- Water white color
- Ultra-smooth surface quality
- More precise prescriptions
The unique starting point for Optical
Dynamics lenses is its proprietary
liquid monomer. This exclusive lens
material provides the improved
visual clarity and smooth surface
quality that only casting can deliver.
TM
CLEARLight SmartShades
- Clearer indoors
- Darker outdoors
- Greater patient comfort
- Longer lasting
- Stability in varying temperatures
What the consumer is looking for in premium clear and photochromic!
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Q-2100 HV
LENS COATINGS
Extra Tough (XT-HV)
Super Scratch Resistant Coating
- Outstanding scratch resistance
- Tintable
- Coated surface every 35 seconds
- Dual-sided protection
- Increased impact resistance
- Superior AR adhesion
- Small footprint
- Low acquisition cost
- Integrated high pressure wash
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Q-2100 HV
LENS STYLES
The Aspheric Advantage
Single vision
Aspheric Single Vision
Progressive 6.00 Base, +2.00 add
Atoric Single Vision
Flat Tops
Aspheric Flat Tops
Atoric Flat Tops
Paradigm-22 Progressive
Paradigm-16
CFL-18
ODC Paradigm-22
Progressive
Competitor’s
Top Progressive
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Q-2100 HV
The New Continual Focus Lens…
Optical Dynamics’ State-of-the-Art premium lens is here!
LENS STYLES
Continual Focus Lens
The CFL-18 is an advanced, latest generation design which
has one of the highest patient adaptation rates in the industry.
Its true consistent curve provides superior vision, a wider
field of view, and significantly reduced peripheral distortion.
The CFL’s optimal corridor length fits a greater range of
frames (18mm fitting height).
ODC CFL-18
Leading progressive
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The Continual Focus Lens…
Lens
Distance
Intermediate
Near Zone 18FH
Dist & Int
Dist & Near
Dist, Int & Near
Overall
Rating
Rating
Rating
Rating
Rating
Rating
Rating
Number
PAL Design
(-4.6 to 77.8)
(22.8 to 100.4)
(15.3 to 50.1)
(29.5 to 60.4)
(22.9 to 53.4)
(35.6 to 51.8)
(32.2 to 52.8)
1
Shamir Genesis
77.8
45.9
27.8
60.2
53.4
51.7
52.8
2
ODC CFL
72.3
48.9
26.1
60.4
51.9
51.8
51.9
3
Vis Ease Outlook
70.7
42.2
32.3
53.2
49.5
47.2
49.2
4
Rdnstk Life AT poly
67.5
56.0
27.2
52.0
41.1
43.1
47.8
5
Younger Image
57.5
55.7
32.7
55.5
46.9
49.6
49.7
6
Zei Gradal Top
57.2
66.6
15.3
58.3
39.1
46.6
47.2
7
Sig Kodak
45.9
61.1
28.6
51.9
39.7
45.6
45.5
8
Sig Kod Precise
42.1
42.5
31.5
45.8
41.7
43.1
41.1
9
Varlx Comfort
39.0
47.3
27.4
43.0
35.5
39.1
38.6
10
Varlx Liberty
34.8
59.9
26.2
48.3
35.7
43.0
41.3
11
Vis Ease Illumina
34.2
34.6
38.3
41.8
43.2
42.8
39.2
12
Varlx Panamic
32.5
56.1
27.1
51.7
40.8
47.4
42.6
13
Zei Gradal Brevity
30.2
70.3
17.3
56.4
34.7
47.6
42.8
14
AO Easy
27.1
49.1
32.5
45.5
39.3
44.2
39.6
15
Rdnstk Life XS
26.9
26.4
43.7
31.6
38.1
35.9
33.8
16
Varlx Elipse
25.2
22.8
40.0
31.7
38.1
35.6
32.2
17
AO Compact
21.0
27.0
45.1
34.8
41.6
40.1
34.9
18
Sig Kod Concise
20.5
26.9
48.5
30.5
38.6
36.7
33.6
19
SolaMax
19.0
60.6
38.2
43.8
35.4
43.4
40.1
20
Sola One
18.2
53.8
34.8
43.6
36.5
43.3
38.4
21
Sig Nav Short
15.5
32.3
48.2
29.5
35.5
35.6
32.8
22
Shamir Piccolo
13.5
38.7
50.1
34.1
38.3
40.1
35.8
23
Pentax AF
-4.2
100.4
23.5
51.6
22.9
44.9
39.9
24
Pentax AF Mini
-4.6
79.1
31.9
44.0
26.3
42.6
36.6
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Q-2100 HV
LENS PRODUCTION
OVERVIEW
1. Job Entry / Ticket
Job Entry
The first step in the lens making
process is job entry. An Rx is
received from the lab computer and
a work ticket is created by the
system. This ticket links each job to
the database.
Mold Picking
2. Mold Picking
The molds and gaskets are picked
when a ticketed job tray is received
from the job entry area. The job trays
have six storage locations
two for gaskets
two for front molds
two for back molds
The tray layout helps assure that the
molds are assembled correctly.
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Q-2100 HV
LENS PRODUCTION
OVERVIEW
3. Cleaning & Coating
Cleaning & Coating
The M/R III coating system is used
to apply coatings to the molds.
Molds are cleaned with a high
pressure D.I. cleaning solution
before the coating is applied.
A hard coat is applied and cured on
the mold. Coated molds are then
ready for assembly.
Cavity Assembly
4. Cavity Assembly
Molds and gaskets are assembled
to form lens cavities.
Different combinations of molds
and gaskets are used to create
different prescriptions.
Assembled cavities are placed back
into the job trays and are now ready
for filling
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Q-2100 HV
LENS PRODUCTION
OVERVIEW
5. Filling
Filling
Proprietary Q-2100 lens materials
are available in both clear and
photochromic formulations. Heated
monomer is dispensed into the fill
port of the gasket. Clear and
photochromic jobs are distinguished
by the use of color-coded job trays.
Curing
6. Curing
The Q-2100HV lens curing system
transforms the monomer from a liquid
to solid. The Q-2100HV performs
initialization, curing, and annealing.
Job trays move through the Q2100HV on a conveyor system.
CONFIDENTIAL – Property of Optical Dynamics Corporation, Distribution Prohibited
Q-2100 HV
LENS PRODUCTION
OVERVIEW
7. Demolding / Cleaning
Demolding / Cleaning
After curing, the lenses
are removed from the
molds, cribbed, and
cleaned.
8. Cribbing
The molds are then
washed and stored for
reuse.
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Q-2100 HV
CASTING SOLUTIONS
Modular/Expandable
Coating Systems
Mold Washing
Pick-to-Light Mold
Storage
The Q-2100HV System produces incredible lenses with high
efficiency. The HV can produce more than 100 finished
lenses per hour.
The HV System is modular; it can be scaled to meet your
requirements.
Lens Production:
Semi-Finished 7.50, 6.00, 4.50, 3.00, 1.50 bases
Finished +4.00 to -6.00 SPH, 0 to -2.50 CYL, 0 to +3.00 add
95%+/- yields
Minutes from Rx to Finished Lenses
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Q-2100 HV Advantage
Cast to RX Advantages:
• Premium multifocal lenses on demand, with no
blank inventory
• Scalable solutions:100’s to 1000’s per week
• Payback in months, not years
• Lowest cost producer of premium lenses
• High performance front and back side hardcoat
and integral part of the casting process
Produce premium “Cast to RX” lenses with accurate,
repeatable powers, improved clarity and the finest
surface quality
CONFIDENTIAL – Property of Optical Dynamics Corporation, Distribution Prohibited
Q-2100 HV Profit Potential
Additional Annual Profit With Optical Dynamics Products
Profit picture per job with Optical Dynamics Products
$110.00
$100.00
$97.40
$90.62
$90.00
$80.00
$83.84
$77.06
$70.28
$63.50
Average Sales
Price
$150M
$121.9
$100M
$70.00
$81.3
$60.00
$50.00
$41.93
$50.96
$59.99
$69.01
$78.04
Average profit
per job
$87.07
$40.00
$50M
$40.6
$30.00
$20.00
$21.57
$19.32
$10.00
$17.07
$0%
$14.83
$12.58
20%
40%
$10.33
60%
80%
Percentage of orders filled with Optical
Dynamics Products
100%
Average
production cost
$0.0
$M
0%
20%
40%
Percentage of orders filled
with Optical Dynamics
Products
CONFIDENTIAL – Property of Optical Dynamics Corporation, Distribution Prohibited
60%
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