SANTA ANA, Calif.--Advanced Medical Optics (NYSE: AVO) and VISX (NYSE: EYE) expect to complete their proposed merger during the second quarter of 2005 instead of the target date of the first quarter of 2005.

The companies are awaiting the completion of their respective year-end audited financial statements, which are now required to be included in their joint proxy statement/prospectus under applicable securities laws, prior to scheduling their respective stockholder meetings and mailing the joint proxy statement/prospectus to their stockholders.