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IRIDEX Announces Preliminary Unaudited Revenues for 2012 Fourth Quarter and Year End
Date:1/22/2013

ered into a license agreement with QUANTEL Medical that gives QUANTEL access to IRIDEX' MicroPulse technology, a further step towards making Fovea-friendly therapies using MicroPulse a new standard of care.

The Company also completed a tender offer in which it purchased 487,500 shares of its common stock at a purchase price of $4.10 per share during the fourth quarter. Total shares outstanding following the share buyback are estimated to be 8.5 million. Mr. Moore commented, "We were pleased with the success of the tender offer. It is one of the ways that we can achieve our goal of delivering shareholder value. We intend to continue to assess this option going forward and have $1 million in funds approved under our stock repurchase program yet to be utilized."

About IRIDEX

IRIDEX Corporation was founded in 1989 and is a worldwide leader in developing, manufacturing, and marketing innovative and versatile laser-based medical systems, delivery devices and consumable instrumentation for the ophthalmology market. We maintain a deep commitment to the success of our customers, with comprehensive technical, clinical, and service support programs. IRIDEX is dedicated to a standard of excellence, offering superior technology for superior results. IRIDEX products are sold in the United States through a direct sales force and internationally through a combination of a direct sales force and a network of approximately 70 independent distributors into over 100 countries. For further information, visit the IRIDEX website at http://www.iridex.com/.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, relating to the Company's anticipated operating and financial results for the fiscal year 2012 fourth quarter and year end, t
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Related medicine technology :

1. IRIDEX Corporation Announces Preliminary Results of its Tender Offer
2. IRIDEX Announces FDA 510(k) and CE Clearance of New Laser Delivery System for Fast, Non-invasive Treatment of Serious Retinal Diseases
3. QUANTEL Medical Signs Global Licensing Agreement with IRIDEX
4. IRIDEX Announces Tender Offer to Purchase up to 487,500 Shares of its Common Stock
5. IRIDEX Reports 2012 Third Quarter Results
6. IRIDEX Announces Third Quarter 2012 Conference Call and Release Date
7. IRIDEX Appoints Chairman William M. Moore as Interim President & CEO
8. IRIDEX Reports 2012 Second Quarter Results
9. IRIDEX Announces Second Quarter 2012 Conference Call and Release Date
10. IRIDEX Reports 2012 First Quarter Results
11. IRIDEX Introduces Non-Invasive MicroPulse™ Therapy for Glaucoma
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