GlassesOff Inc. (OTCBB:GLSO) today announced the appointment of Sasson Darwish, as an independent member of GlassesOff’s Board of Directors. Mr. Darwish will additionally serve as the Board’s non-executive Vice Chairman.
“The addition of Mr. Darwish as Vice Chairman of our Board of Directors is a positive development for GlassesOff,” said Nimrod Madar, CEO of GlassesOff. “As a company transitioning from a development stage organization into commercial sales, we believe Mr. Darwish, with his experience as a veteran investment banker, will play an instrumental role in helping the company execute its stated strategy and operational plan.”
“As an investment banker working in the technology space for the better part of the last 20 years, I am excited to join the Board of Directors at GlassesOff,” said Mr. Darwish. “In my role as an investment banker, I have seen numerous business models and innovative technologies, and I find GlassesOff’s model and technology particularly exciting.”
Mr. Darwish brings 20 years of Wall Street technology experience to GlassesOff, having served as Managing Director and Head of the Americas Technology Investment Banking Group at Nomura, Head of East Coast Coverage for the Technology Investment Banking Group at Bank of America Merrill Lynch, and Vice President at Lehman Brothers' Investment Banking Global Technology Group. Mr. Darwish has a bachelor’s degree in Economics and Management from Tel Aviv University and an MBA from Yale School of Management.
GlassesOff Inc. is a development-stage company developing and expecting to commercialize 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
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