Eyelogic suspends quarterly dividend

Share Name	Share Symbol	Market	Type
	TSXV:EYE.A	TSX Venture	Common Stock

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Eyelogic suspends quarterly dividend

18/11/2010 9:04pm

PR Newswire (Canada)

(TSXV:EYE.A)
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CALGARY, Nov. 18 /CNW/ -- Trading Symbol: EYE.A (TSX-V) CALGARY, Nov. 18 /CNW/ - The Board of Directors of Eyelogic Systems Inc. today announced the suspension of its quarterly dividends. "Given Eyelogic's current loss of profitability, a loss of our line of credit, and uncertain near term growth, the Board made a prudent decision to halt that quarterly dividend effective immediately," explained Rick Skauge, CEO of Eyelogic. "The Board will revisit the dividend policy when a more predictable profit picture develops." Eyelogic Systems Inc. is the market leader in automated sight testing systems. The Eyelogic System, developed by Calgary ophthalmologist Dr. Alan Dyer, is a highly accurate and efficient method to determine a person's eyewear needs. The technology has been in use for over 14 years in several Provinces throughout Canada and around the world. "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release." contact Rick Skauge, at (403) 261-7501, e-mail rick@eyelogic.com or visit the website www.eyelogic.com

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