EX-99.1
2
exhibit1.htm
EX-99.1
EX-99.1
News Release
Contact:
For Immediate Release
Anna Austin
EVP, Corporate Communications
(314) 523-8354
investor.relations@tlcvision.com
TLC
Vision
Acquires Assets of Mobile Diagnostics, Inc. for its Cataract Division
St. Louis, Missouri, February 22
,
2005 -TLC Vision Corporation (NASDAQ:TLCV; TSX:TLC), North
America's premier eye care services company announced today that Midwest Surgical Services (MSS)
acquired the assets of Mobile Diagnostics Inc. (MDI). MSS, TLC
Vision's
cataract subsidiary, is
considered to be the largest cataract outsource service provider in the United States.
MDI, a Minnesota based corporation, provides mobile glaucoma scanning services to Optometrists and
Ophthalmologists. Glaucoma is a group of eye diseases that can gradually cause loss of sight
without warning and often without symptoms if not detected in time. It affects over 3 million
Americans.
MDI's services provide early detection and management of glaucoma. The GDx VCC exams provide the
earliest possible detection of glaucoma by measuring the health of the retinal nerve layer. The
Ocular Blood Flow Analyzer records ocular blood flow data, providing information about the vascular
network of the eye.
"This acquisition is consistent with our strategy to diversify our eye care services business.
Glaucoma diagnostic capability broadens our offering and allows us to expand and further leverage
our current doctor relationships", commented Jim Wachtman, President and Chief Executive Officer.
About TLC
Vision
TLC
Vision
is North America's premier eye care services company. The key drivers of TLC
Vision's
strategy are our affiliated network of thousands of eye doctors, proven corporate and consumer
marketing and education programs, and access to state of the art clinical technologies. We are
supported by a strong operations management culture and superior information technology. More
information about the company can be found on the TLC
Vision
web site at
www.tlcv.com
.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of
the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934, which
statements can be identified by the use of forward looking terminology, such as "may", "will,"
"expect", "intend, "anticipate", "estimate", "predict", "plans" or "continue" or the negative
thereof or other variations thereon or comparable terminology referring to future events or
results. The Company's actual results could differ materially from those anticipated in these
forward-looking statements as a result of numerous factors, including the timing of expenditures,
effects of competition, changes to pricing, acquisitions and expansion opportunities, any of which
could cause actual results to vary materially from current results of TLC
Vision
's anticipated
future results. See the Company's reports filed with the Canadian Securities Regulators and the
U.S. Securities and Exchange Commission from time to time for cautionary statements identifying
important factors with respect to such forward looking statements, including certain risks and
uncertainties, that could cause actual results to differ materially from results referred to in
forward looking statements. TLCVision assumes no obligation to update the information contained in
this press release.

EX - 99 . 1 2 exhibit1 . htm EX - 99 . 1 EX - 99 . 1 News Release Contact : For Immediate Release Anna Austin EVP , Corporate Communications ( 314 ) 523 - 8354 investor.relations@tlcvision.com TLC Vision Acquires Assets of Mobile Diagnostics , Inc . for its Cataract Division St . Louis , Missouri , February 22 , 2005 - TLC Vision Corporation ( NASDAQ : TLCV ; TSX : TLC ) , North America 's premier eye care services company announced today that Midwest Surgical Services ( MSS ) acquired the assets of Mobile Diagnostics Inc . ( MDI ) . MSS , TLC Vision 's cataract subsidiary , is considered to be the largest cataract outsource service provider in the United States . MDI , a Minnesota based corporation , provides mobile glaucoma scanning services to Optometrists and Ophthalmologists . Glaucoma is a group of eye diseases that can gradually cause loss of sight without warning and often without symptoms if not detected in time . It affects over 3 million Americans . MDI 's services provide early detection and management of glaucoma . The GDx VCC exams provide the earliest possible detection of glaucoma by measuring the health of the retinal nerve layer . The Ocular Blood Flow Analyzer records ocular blood flow data , providing information about the vascular network of the eye . " This acquisition is consistent with our strategy to diversify our eye care services business . Glaucoma diagnostic capability broadens our offering and allows us to expand and further leverage our current doctor relationships " , commented Jim Wachtman , President and Chief Executive Officer . About TLC Vision TLC Vision is North America 's premier eye care services company . The key drivers of TLC Vision 's strategy are our affiliated network of thousands of eye doctors , proven corporate and consumer marketing and education programs , and access to state of the art clinical technologies . We are supported by a strong operations management culture and superior information technology . More information about the company can be found on the TLC Vision web site at www.tlcv.com . Forward Looking Statements This press release contains certain forward - looking statements within the meaning of Section 27A of the U . S . Securities Act of 1933 and Section 21E of the U . S . Securities Exchange Act of 1934 , which statements can be identified by the use of forward looking terminology , such as " may " , " will , " " expect " , " intend , " anticipate " , " estimate " , " predict " , " plans " or " continue " or the negative thereof or other variations thereon or comparable terminology referring to future events or results . The Company 's actual results could differ materially from those anticipated in these forward - looking statements as a result of numerous factors , including the timing of expenditures , effects of competition , changes to pricing , acquisitions and expansion opportunities , any of which could cause actual results to vary materially from current results of TLC Vision ' s anticipated future results . See the Company 's reports filed with the Canadian Securities Regulators and the U . S . Securities and Exchange Commission from time to time for cautionary statements identifying important factors with respect to such forward looking statements , including certain risks and uncertainties , that could cause actual results to differ materially from results referred to in forward looking statements . TLCVision assumes no obligation to update the information contained in this press release .
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O O O O O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O