Swiss watchmaker Valbray is joining in on Leica's 100th anniversary celebration, introducing the suitably named EL1 Chronograph "100 Years Of Leica Photography Edition" with design details inspired by Leica's cameras and available in two individual styles. Chief among those unique embellishments is an iris-style shutter, dubbed the "Oculus diaphragm system" and utilizing 16 individual matte black blades that open and close with a turn of the bezel. One version is built with sandblasted titanium, the other in black-coated sandblasted titanium, accompanied by a leather strap in either black or brown. Powering both is a Swiss ETA Valjoux 7750 automatic chronograph movement. Limited to 100 units and priced at 17,999 Euro, the watches will be available through Leica boutiques and Valbray retailers starting June 2014.