 1965
World Optics, Inc. is formed by Mr. Peter Cianci in Waltham, MA, primarily
engaged in the manufacture of optical elements such as mirrors, lenses, prisms
and windows.
1969
Photo Technical Research formed by Mr. Frank Denton and colleagues in Ann
Arbor, MI., primarily engaged in holographic, replication, ruling and thin-film
technology.
1972
World Optics, Inc. (then controlled by Mr. Peter Cianci) and Photo Technical
Research, Inc. (then controlled by Mr. Frank Denton) merged to form PTR Optics
Corporation (PTR) in Waltham, Massachusetts.
1975
PTR Optics Corporation was acquired by Gilford Instrument Laboratories of Ohio
(Gilford), a well known medical instruments manufacturer.
1976
In 1976, Gilford formed a U.K. company, PTR Optics Limited (PTR Optics), to
exploit the potential of the U.K. and European markets for optical components
and services and to satisfy the requirements of the National Physical
Laboratory (NPL) in England, which wanted to license a U.K. company to
commercialize the replication of holographic gratings. Additionally, PTR Optics
acted as an agent for the sale of PTR products in the U.K. and manufactured
replicated holographic gratings.
1978
PTR Optics Corporation acquired the Interference Filter division of Baird
Corporation (Bedford, MA.) for cash.
1980
In early 1980, Mr. Denton and his colleagues, Mr. Cianci, Ms. Lunardo, Mr.
Worrall and Mr. Wood, formed a U.K. company, Optometrics (UK) Ltd., which
purchased certain assets of Rank Optics in Leeds and started to manufacture
optical components. Optometrics (UK) Ltd. started operations in Leeds in April
1980, managed by Mr. Worrall and Mr. Wood, both of whom had been managers of
the Rank Optics operation.
1981
PTR Optics Corporation was purchased back from Gilford by Mr. Denton, Ms
Lunardo and Mr. Cianci in a management buyout and merged with Optometrics (UK)
Ltd to form Optometrics Corporation. In May 1981, Optometrics (UK) Ltd.
acquired the issued share capital of PTR Optics Limited from Gilford.
1984
Optometrics Corporation did a private placing of 1,000,000 shares in the U.K.
Subsequently, in 1984, the registration of the Holding Company was changed from
Massachusetts to Delaware in preparation for the offering of shares in the
company on the U.K. Unlisted Securities Market.
1985
Optometrics Corporation successfully offered a further 1,000,000 shares and
became a listed company on the London Stock Exchange. In January 1985, 1
million shares were successfully placed enabling the Group to purchase further
manufacturing and test equipment and to design and market a range of new
products.
1989
In the summer of 1989 PTR Optics Corporation relocated from Waltham, MA to its
newly built facility in Ayer, MA. and changed its name to Optometrics USA, Inc.
1997
Optometrics (UK) Ltd. sold to local private management group.
2001
Optometrics USA, Inc. becomes Optometrics LLC, a management owned company under
Frank Denton and Laura Lunardo In October 2001, Mr. Denton and Ms. Lunardo
formed Optometrics LLC to acquire the assets of Optometrics USA, Inc. and the
Company operated as a private, independently-owned Company.
2005
Optometrics LLC, is acquired by Dynasil Corporation of America (OTCBB: DYSL),
to form Optometrics Corporation.
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