LCA-Vision Announces Fourth Quarter and Full Year 2008 Financi...( The company has been repositioned to...),Health

The company has been repositioned to be cash-flow positive at 2008 procedure volume levels. Current cash and investment resources provide the company significant staying power should the current recession be prolonged. Current cash and investment resources are sufficient to fund operations for more than three years even if procedure volumes decline as much as 22% from 2008 levels to 90,000 procedures annually.

Conference Call and Webcast

As previously announced, a conference call and webcast will be held today, Tuesday, February 10, 2009, beginning at 10:00 a.m. Eastern time. To access the conference call, dial 866-322-1352 (United States and Canada) or 706-634-1308 (international callers). The webcast will be available at the investor relations section of LCA-Vision's website. A replay of the call and webcast will begin approximately two hours after the live call has ended. To access the replay, dial 800-642-1687 (United States and Canada) or 706-645-9291 (international callers) and enter the conference ID number: 827 39 174.

Forward-Looking Statements

This news release contains forward-looking statements based on current expectations, forecasts and assumptions of LCA-Vision that are subject to risks and uncertainties. The forward-looking statements in this release are based on information available to us as of the date hereof. Actual results could differ materially from those stated or implied in our forward-looking statements due to risks and uncertainties associated with our business, including, without limitation, those concerning economic, political and sociological conditions; the successful execution of marketing strategies to cost-effectively drive patients to our vision centers; an inability to attract new patients; our ability to operate vision centers profitably and retain qualified personnel during periods of lower procedure volumes; the relatively high fixed cost structure
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