Unilens Vision Inc. Declares Quarterly Cash Dividend of $0.09 Per Share

LARGO, Fla., May 4 /PRNewswire-FirstCall/ -- The Unilens Vision Inc. (OTC Bulletin Board: UVIC) (TSX Venture Exchange: UVI) Board of Directors yesterday declared a quarterly cash dividend of $0.09 per common share, payable May 28, 2010 to stockholders of record at the close of business on May 14, 2010.  

"We are pleased to continue the $0.09 per share quarterly dividend. This is our 15th consecutive quarterly dividend, which on a annualized dividend rate of $0.36 per share provides a dividend yield of 6.5% based on the closing price of our common stock on Friday April 30, 2010," stated Michael J. Pecora, Chief Executive Officer of Unilens Vision Inc.

About Unilens Vision Inc. – "The Eye Care Professionals Specialty Contact Lens Company"

Established in 1989, Unilens Vision Inc., a Delaware corporation, through its wholly owned subsidiary Unilens Corp., USA, located in Largo, Florida, develops, licenses, manufactures, distributes and markets contact lenses primarily under the C-Vue® brand directly to Independent Eye Care Professionals. Additional information on the Company may be accessed on the Internet at www.unilens.com. The Company's common stock is listed on the OTC Bulletin Board under the symbol "UVIC" as well as the Canadian TSX Venture Exchange under the symbol "UVI".

The information contained in this news release, other than historical information, consists of forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from those described in such statements.  For a discussion of certain factors that could 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:

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

SOURCE Unilens Vision Inc.