InSite Vision to Webcast 2003 Annual Meeting of Stockholders

Date : 12/05/2003 @ 4:00AM
Source : PR Newswire
Stock : Insite Vision (ISV)
Quote : 0.53  -0.02 (-3.64%) @ 4:00PM
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InSite Vision to Webcast 2003 Annual Meeting of Stockholders

InSite Vision to Webcast 2003 Annual Meeting of Stockholders

ALAMEDA, Calif., Dec. 5 /PRNewswire-FirstCall/ -- InSite Vision Incorporated -- an ophthalmic therapeutics, diagnostics and drug- delivery company -- today announced that its annual meeting of stockholders will be broadcast live over the Internet on December 12, 2002 at 1:00 p.m. Eastern Time with management and the board of directors of InSite Vision. Those listening to the meeting via the live Internet broadcast will not have the opportunity to ask questions during the meeting.

What: InSite Vision Annual Meeting of Stockholders

When: 1:00 p.m. ET, December 12, 2003

Where: http://www.videonewswire.com/event.asp?id=19195

How: Live over the Internet -- Simply log on to the Web at the address above.

Contact: Brandi Floberg Lippert/Heilshorn & Associates, Inc.

(310) 691-7100

Following the vote on proxy items, InSite Vision's management will present an update on the Company, including clinical progress on the ISV-401 and ISV- 403 programs, OcuGene(R) glaucoma genetic test marketing programs, and financing efforts.

InSite Vision is an ophthalmic products company focused on glaucoma, ocular infections and retinal diseases. In the area of glaucoma, the Company conducts genomic research using TIGR and other genes. A portion of this research has been incorporated into the Company's OcuGene glaucoma genetic test for disease management, as well as ISV-205, its novel glaucoma therapeutic. ISV-205 uses InSite Vision's proprietary DuraSite(R) drug- delivery technology, which also is incorporated into the ocular infection products ISV-401 and ISV-403, and InSite Vision's retinal disease program. Additional information can be found at http://www.insitevision.com/ .

If you are unable to participate during the live webcast, the webcast will be archived beginning approximately two hours following the event for 90 days on the Company's Web site http://www.insitevision.com/ . To access the replay, go to the "Investor Relations" section and click on the InSite Vision 2003 Annual Meeting icon.

(Minimum Requirements to listen to broadcast: Windows Media Player software, downloadable free from http://www.videonewswire.com/event.asp?id=19195 , and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to .)

This press release and the 2003 Annual Meeting of Stockholders webcast may contain, among other things, certain statements of a forward-looking nature relating to future events or the future business performance of InSite Vision.

Such statements entail a number of risks and uncertainties, including but not limited to: InSite Vision's immediate need for significant additional funding to continue its operations; the effects of its expense control activities on its operations and product development, its ability to obtain regulatory approval and market acceptance of its products, including ISV-403, OcuGene, ISV-401 and ISV-205; its ability to maintain and develop additional collaborations and commercial agreements with corporate partners, including those with respect to ISV-403, ISV-401 and ISV-205; its reliance on third parties for the development, marketing and sale of its products; and the initiation and results of preclinical and clinical studies, its ability to adequately protect its intellectual property and; determinations by the U.S. Food and Drug Administration, including those with respect to ISV-403, OcuGene, ISV-401 and ISV-205. Reference is made to the discussion of risk factors detailed in InSite Vision's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the 2002 fiscal year and Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2003. Any projections in this release are based on limited information currently available to InSite Vision, which is subject to change. Although any such projections and the factors influencing them will likely change, InSite Vision undertakes no obligation to update the information, since InSite Vision may only provide guidance at certain points during the year. Such information speaks only as of the date of this release or the date of the telephone conference. Actual events or results could differ materially and no reader of this release should assume later that the information provided in the 2003 Annual Meeting of Stockholders webcast is still valid.

Note to Editors: OcuGene is written with a "small cap" G; if doing so is not possible, please use an upper case G. InSite Vision Incorporated, InSite Vision, DuraSite and OcuGene are trademarks of InSite Vision Incorporated. Other trademarks that may be mentioned in this release are the intellectual property of their respective owners.

For further information, please contact: S. Kumar Chandrasekaran, CEO, or Sandra Heine, Director of Finance, both of InSite Vision Incorporated, +1-510-865-8800; or investors, Bruce Voss, , or Jody Cain, , both of Lippert/Heilshorn & Associates, Inc., for InSite Vision Incorporated, +1-310-691-7100; or media, Chenoa Taitt, , or Michael Hopkins, , both of Lippert/Heilshorn & Associates, Inc., +1-212-838-3777, for InSite Vision Incorporated.

http://www.videonewswire.com/event.asp?id=19195DATASOURCE: InSite Vision Incorporated

CONTACT: S. Kumar Chandrasekaran, CEO, or Sandra Heine, Director of

Finance, both of InSite Vision Incorporated, +1-510-865-8800; or investors,

Bruce Voss, , or Jody Cain, , both of

Lippert/Heilshorn & Associates, Inc., +1-310-691-7100, for InSite Vision

Incorporated; or media, Chenoa Taitt, , or Michael Hopkins,

, both of Lippert/Heilshorn & Associates, Inc.,

+1-212-838-3777, for InSite Vision Incorporated

Web site: http://www.lhai.com/

Web site: http://www.insitevision.com/

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