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Unilens Vision Reports Increased Royalty Income
Date:5/28/2008

ould cause actual results to differ materially from those described in the forward- looking statements, please refer to the Company's most recent filings with the SEC and the TSX Venture Exchange. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Leonard F. Barker, CFO, Unilens Vision Inc. at (727) 544-2531

UNILENS VISION INC.

THIRD QUARTER AND NINE MONTHS - FISCAL 2008

CONDENSED CONSOLIDATED FINANCIAL INFORMATION

(All figures in U.S. Dollars)

RESULTS OF OPERATIONS

Three Three

Months Months Nine Months Nine Months

Ended Ended Ended Ended

March 31, March 31, March 31, March 31,

2008 2007 2008 2007

Sales $ 1,668,397 $ 1,634,429 $ 4,854,119 $4,677,358

Cost of sales 964,952 855,443 2,754,802 2,569,902

703,445 778,986 2,099,317 2,107,456

Expenses 706,041 698,067 2,176,183 2,186,419

(Loss) income from

operations (2,596) 80,919 (76,866) (78,963)

Other items:

Royalty income 628,993 545,293 1,888,641 1,559,496

Other (expense) income 1,845 (703) (47,071) (390)

Remeasurement

income (loss) (1,044) 212 1,968 (1,717)

Interest income 3,995 9,476 23,279 30,845

633,789 554,278 1,866,817 1,588,234

Income before tax 631,193 635,197 1,789,951 1,509,271

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SOURCE Unilens Vision Inc.
Copyright©2008 PR Newswire.
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