IRVINE, Calif.--IntraLase (NASDAQ: ILSE) fourth quarter net income was $12.5 million. Expenses in the fourth quarter of 2006 included a significant portion of the $9.6 million settlement and acquisition of intellectual property with Escalon Medical (NASDAQ: ESMC) and legal and other expenses incurred in connection with the pending acquisition of the company by Advanced Medical Optics (NYSE: EYE).

Revenues for the fourth quarter of 2006 were $37.4 million, representing a 37 percent increase over the comparable period in 2005.