Three years of excellent growth rates for Visibilia

Solar year 2006 (billings of euros 32,000.00 million) ended with an upturn of 22.5% and aggregated sales for the Visibilia Spa brands, at constant parameters, recording +55% compared to the same period 2005. The six-month period did not disappoint expectations and also showed an increase of 22%, slightly higher than forecast.

The company is going through a hyper-active entrepreneurial and commercial season during which billings for the past 3 years have doubled in Italy. Working alongside Dan Emanuel Levi, President of Visibilia spa and Vice-President of ANFAO, is a young and determined team whose objectives are dictated by stylistic quality and enormous attention to diversifying product philosophies for the individual labels it represents.

The Company's development is also due to a considerable contribution by foreign subsidiaries. Significant performance was registered, especially in Germany (+38.80%), Spain (+20.10%) and Italy (+16.80%). Percentages that give rise to expectations of considerable growth compared to the previous consolidated billings of euros 30.5 million.

The logistic and strategic reorganization that received Dan Emanuel Levi's particular attention in the last two-year period saw a return to profitability (over euros 1 million) and entrepreneurial development with a high commercial value. In less than a year, 3 new collections were launched and new projects are being studied for leading international brands.

Since January 2007, the sales force has been doubled to strengthen the Italian market. Forty-five agents guarantee widespread distribution aimed at the collections' targets. 'Italy has shown excellent growth prospects' Dan Emanuel Levi stated, 'and it is because of this, and to encourage the launch of new collections, that we have decided to invest heavily in distribution'.

And there will be new things in store between September 2007 and 2008: the launch of an international brand that has not yet appeared in the world of optics licenses, and the finalizing of a house-brand project.