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SAN DIEGO, May 21, 2010 (GLOBE NEWSWIRE) -- OccuLogix, Inc. (Nasdaq:TEAR) (TSX:TLB) today announced that the Company has officially changed its corporate name to TearLab Corporation.
"The name change is intended to better align our corporate brand with our vision to become the leader in tear testing and biomarker analysis at the point-of-care," said Elias Vamvakas, TearLab's Chief Executive Officer.
About TearLab Corporation
TearLab Corporation (
www.tearlab.com) develops and markets lab-on-a-chip technologies that enable eye care practitioners to improve standard of care by objectively and quantitatively testing for disease markers in tears at the point-of-care. The TearLab™ Osmolarity Test, for diagnosing Dry Eye Disease, is the first assay developed for the award-winning TearLab™ Osmolarity System. Headquartered in San Diego, CA, TearLab Corporation's common shares trade on the NASDAQ Capital Market under the symbol 'TEAR' and on the Toronto Stock Exchange under the symbol 'TLB'.
Forward-Looking StatementsThis press release may contain forward-looking statements. These statements relate to future events and are subject to risks, uncertainties and assumptions about the Company. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. Many factors may cause our actual results to differ materially from any forward-looking statement, including the factors detailed in our filings with the Securities and Exchange Commission and Canadian securities regulatory authorities, including but not limited to our Forms 10-K and 10-Q. We do not undertake to update any forward-looking statements.
CONTACT: Kilmer Lucas Inc.
Stephen Kilmer, President
(905) 690-2400 Ext. 21
Leonard Zehr, Managing Director
(905) 690-2400 Ext. 41