MARGATE, Fla., Sept. 15 /PRNewswire/ -- Optical Concepts of America, Inc.
(OTC Bulletin Board: OICU) announced today that, as part of its overall plan
for restructuring and financing its previously announced proposed
acquisitions, the Company's Board of Directors has approved a 1 for 10 reverse
split of its outstanding Common Stock. As a result of the reverse split, the
Company has secured a new CUSIP number for its newly reverse-split shares of
Common Stock and the post-split shares will trade for a short time period
under the revised symbol "OICUD".
Optical Concepts of America, Inc. is a diversified optical company engaged
in the design and distribution of quality eyewear, sunwear and the development
of vision care delivery systems in several unique niche markets.
Except for the historical information contained herein, the matters
discussed in this press release contain forward-looking statements that
involve risk and uncertainties, including but not limited to economic,
competitive, governmental and technological facts affecting the Company's
operations, markets, products and prices, and other factors discussed in the
Company's various filings.
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