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Gold/Mining/Energy : Gimbel Vision International Inc. (GBV - ASE)

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To: GemSeeker who wrote (155)	12/22/1999 2:36:00 PM
From: Cal Gary	Read Replies (1) of 165

Yes, very Good News. Add Houston to the list! Gimbel Vision International Enters Texas Market CALGARY, ALBERTA--Gimbel Vision International Inc. announced today that it has acquired a 51% interest in a new refractive vision correction surgery center to be located in Houston, Texas. Gimbel Vision's partner is a well-respected ophthalmic surgeon who has been practicing in the Houston area for more than 10 years. The center is expected to be opened during the second quarter of 2000. Glenn Gimbel, President, and Chief Executive Officer, said, ``Our partnership model is becoming increasingly attractive to quality surgeons who wish to build successful refractive vision correction practices with a corporate partner who has the knowledge and experience to make the venture successful. As well, our partnership model allows surgeons to participate in the ownership and management of their own surgery center while retaining complete ownership of their medical practice. We look forward to establishing a strong presence in the Houston area.' Gimbel Vision International Inc. is a public company that owns or is partnered with vision correction surgery centers across North and South America and Asia. To date, the Company's surgeons have performed over 54,000 refractive eye surgeries. Gimbel Vision's shares are listed on the Toronto and Canadian Venture Stock Exchanges and trade under the symbol ``GBV.' Contact: Gimbel Vision International Inc. Glenn Gimbel President & C.E.O. (403) 202-3320 gimbelvision.com or Gimbel Vision International Inc. Diane Phillips Investor Relations (403) 202-3323

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