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EQUIVISION, INC. TO ACQUIRE FOURTH OPHTHALMOLOGY PRACTICE IN NORTHERN CALIFORNIA

 SNELLVILLE, Ga., Jan. 6 /PRNewswire/ -- EquiVision, Inc. (NASDAQ Small Cap Market: EQVN; BSE) has announced the signing of definitive agreements to acquire G. Richard Barr, M.D., P.A. and to merge with Barr Eye Surgery Center, Inc.
 The practice, ambulatory surgery center and optical shops are located in Stockton, Calif., with two satellite offices. The total consideration is $2,100,000, payable $1,100,000 in cash, $700,000 in EquiVision common stock and $300,000 in five-year balloon notes. The company anticipates closing this transaction on Jan. 31, 1994. Dr. Barr's 1993 estimated combined net revenues are $3,200,000.
 Larry Pearson, president and chief executive officer of EquiVision, stated that: "Acquiring Barr is very strategic because it positions EquiVision well in Northern California with four practices and three ambulatory surgery centers. Dr. Barr will continue active practice with EquiVision in Stockton."
 Currently, EquiVision operates nine advanced ophthalmology centers and two surgery centers in Louisiana, California, Oregon, Washington and Arkansas. The company's objective is to become a leader in the consolidation of the ophthalmology practice market and to become the preferred single provider of premium quality ophthalmic services in certain regions of the United States.
 -0- 1/6/94
 /CONTACT: R. Lee Robinson of EquiVision, 404-978-1724/
 (EQVN)


CO: EquiVision, Inc.; Barr Eye Surgery Center, Inc. ST: California IN: MTC SU: TNM

BN-TG -- AT002 -- 9605 01/06/94 07:35 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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