OccuLogix, Inc.

OccuLogix, Inc.

October 17, 2006 12:00 ET

OccuLogix to Release Q3-06 Financial Results on November 1-Conference Call to Follow

TORONTO, ONTARIO--(CCNMatthews - Oct. 17, 2006) - OccuLogix, Inc. (NASDAQ:OCCX)(TSX:OC) expects to announce its third quarter 2006 financial results before the market opens on Wednesday, November 1, 2006.

OccuLogix is pleased to invite all interested parties to participate in a conference call during which the financial results will be discussed. The call will be held on November 1, at 8:30 a.m. Eastern Time at 800-215-1640 (within the United States and Canada), or 416-620-9644 (international callers).

The call will be broadcast live and archived on the company's website at www.occulogix.com under the "webcasts" link in the Investor Relations section. In addition, the live webcast will be available at various other popular portals and financial web sites.

For those wishing to listen to a recording of the call via telephone, a replay will be made available as soon as possible after the conclusion of the live call and will remain posted for a period of fourteen days. To listen to the recording, simply telephone 416-626-4100 and enter reservation # 21307083 when prompted.

About OccuLogix, Inc.

OccuLogix is a health care company that brings innovative and evidenced-based medical therapies to life. Visit us on the internet at www.occulogix.com (corporate). Additional information on the Company's RHEO™ procedure to treat Dry AMD can be found at www.rheo.com. To learn more about the Company's DeepLight® System for the treatment of glaucoma, please visit www.solx.com or www.deeplightsystem.com.

Forward-Looking Statements

This press release may contain forward-looking statements. These statements relate to future events and are subject to risks, uncertainties and assumptions about the Company. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. Many factors may cause our actual results to differ materially from any forward-looking statement, including the factors detailed in our filings with the Securities and Exchange Commission and Canadian securities regulatory authorities, including but not limited to our Forms 10-K and 10-Q. We do not undertake to update any forward-looking statements.

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