eyesmart.com.au

Eyecare Partners reported last Tuesday at an extra-ordinary general meeting (EGM) that its brand change to EyeQ Optometrists and the continued roll out of its uniform IT platform have been successfully implemented. The benefits of a common brand and uniform business systems are already becoming evident in many of Eyecare Partners' practices. Board and management remain confident that the implementation of the Strategic Review recommendations will give the Company the flexibility and resources required to succeed in 2012.

At the EGM, the share buy-back and subsequent sale of 6 practices to an entity associated Dr Tony Hanks and Mrs Vicki Hanks, was approved. Eyecare Partners expect this transaction to complete prior to Christmas 2011. Following completion there will be 28 remaining EyeQ Optometrists practices across all mainland states.