VANCOUVER, British Columbia, May 24, 2012 (GLOBE NEWSWIRE) -- QLT Inc. (Nasdaq:QLTI - News) (TSX:QLT.TO - News) (“QLT” or the “Company”) reported today that in light of the ongoing dissident shareholder activity, the management team and the Board of Directors (the “Board”) want to clearly communicate their action plan to enhance shareholder value for the Company. The items below highlight the four key initiatives proposed by the Board, assuming that the Board is re-elected at the upcoming Annual General Meeting: