Percept

Percept

Percept’s technology, based on science plus research, revolutionizes eyewear through pioneering vision and wearable products, software, and apps

Rick McGrann

Percept Corporation COO Jim McGrann

Percept Corporation COO Jim McGrann

LAS VEGAS, Jan. 16, 2023 (GLOBE NEWSWIRE) — Percept Corporation, a developer of eye tracking, eye control, and perceptual optimization technologies for the global vision industry, is pleased to announce that John McGrann has been named as its President and Chief Working Officer. McGrann has decades of C-level executive experience in the eye care industry plus most recently served because CEO associated with Professional Eye Care Associates of America (PECAA). PECAA, an independent eye treatment alliance and group purchasing organization consists of 12, 000 doctor members. There, McGrann managed business strategy development, customer experience management, information technology strategy development, and led the exit negotiations plus transition after the acquisition by VSP Vision in September 2022. McGrann was previously the President and CEO of VSP Global (Now VSP Vision) where he led the particular largest eyesight insurance company in the world. During his time with VSP Vision this individual also led their innovation lab, The Shop. Projects included the collaboration with Google upon the early Google Glass introduction, multiple owned brands, and licensed brand introductions that achieved leadership within market share within the vision industry. He was also the former Chief executive of VSP Vision Care, and Chief Information Officer of Marchon Eyewear, one of the top eyewear companies on the planet.

McGrann will support Percept’s TOP DOG and founder, Dr. Scott Lewis, who will be responsible for strategic and technologies direction, while McGrann leads the company’s commercialization and growth strategies for Percept’s six business sectors.

“Jim has introduced and taken to scale multiple successful products and services in the particular vision business and has the ideal complementary skills to join me in leading the future of Percept, ” said Dr . Scott Lewis, Percept Corporation CEO plus Chairman of the Board. “Jim’s extensive eyesight industry background coupled along with his years of encounter in corporate management and dealmaking are ideal for our commercialization of Percept technology. He also brings a depth of expertise in operational management, data management, development of strategic alliances, expansion of international sales footprints, plus global finance. His strong leadership knowledge will be critical as we manage Percept’s rapid growth, and we emerge from stealth mode. ”

“I am very excited to be joining the Percept team and working with a visionary like Doctor Scott Lewis, ” said Jim McGrann. “Percept has a great business model plus talented administration team that uniquely positions it in order to capitalize on the fast-changing environment inside the global eyecare and technology spaces. As the industry evolves through restructuring, consolidation, and technology migrations, Percept is positioned to provide a revolutionary and timely suite associated with technology solutions and services that help people experience a greater level of visual perception. Scott plus I, leveraging our respective skills, will work together to combine strategy and technology breakthroughs with at-scale commercialization, plus international tactical partnerships. In my opinion, Percept will change and enhance the vision market as others have done in the automobile, supply chain and communications industries. ”

McGrann received the Bachelor associated with Science degree in industrial engineering through Columbia University’s School of Engineering and Applied Science and he was a member of the Wall Street Journal CEO Council from 2015-17. He presently serves while Chairman associated with the Board for Prevent Blindness.

About Percept Company

Percept is a nine-year-old privately held stealth mode organization that is a leader in technologies, products, software program, and app solutions. Each innovation is designed to improve human perception whilst increasing performance, productivity, safety, and individualized style. Based in Las Vegas, Percept has staff throughout the United States and Italy, in addition to partners in Europe and Asia. The intellectual property base of Percept includes licenses for over 35 U. S., European, and Chinese patents.

This news release contains forward-looking statements as that will term is defined in Section 27A of the particular Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934.

Contact
Kyle McGuire
[email protected] com    
(925) 790-2788

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc1c43d5-0f77-4c00-8d94-156fdffaf372

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