Seiko Instruments Inc. (Japan) and Varioptic Lyon (France) - Varioptic and SII announced the signature of a cooperation agreement to develop, manufacture and market Varioptic’s Liquid Lens products. The aim of this agreement is to achieve a significant penetration with Liquid Lens products in the fast growing camera module market and other large volume end equipment markets such as barcodes and webcams. Seiko will use its manufacturing expertise as the number one supplier of Backup button battery and Capacitor to Cellular phone companies to produce Liquid Lens units in very high volume with aggressive cost reduction to ensure liquid lens products maintain their cost advantage for auto-focus.