TORONTO, ONTARIO--(Marketwire - September 30, 2008) - OccuLogix, Inc. (NASDAQ: OCCX)(TSX: OC) announced that, at its Annual and Special Meeting of Stockholders held today, the stockholders of the Company approved all of the proposals described in the proxy statement for the meeting dated August 29, 2008. OccuLogix currently anticipates the closing of the transactions contemplated by the proposals to occur on or about October 3, 2008, with the proposed reverse stock split of the issued and outstanding shares of the Company's common stock to occur on the business day immediately following the date of closing. The Company's board of directors has set the reverse stock split ratio at 1:25.
