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LCA-Vision New Excimer Laser Strategy to Reduce Operating Expenses in Excess of $3 Million Annually
Date:3/10/2009

decision following a first-of-its-kind, rigorous contralateral prospective randomized study, comparable to an FDA clinical study. The study was performed in multiple LasikPlus(R) vision centers by members of our Medical Advisory Board with the assistance of an outside research specialist. All excimer lasers tested in the study performed well, and our decision was influenced by the economics negotiated with individual manufacturers and savings associated with supporting fewer platforms. Although our LasikPlus(R) vision centers will continue to offer multiple excimer laser platforms and the most sophisticated excimer and femtosecond technology available today -- an important differentiation factor in our industry -- the implementation of this plan will have a significant positive impact on our balance sheet and bottom line."

Speaking on behalf of the Medical Advisory Board, Lewis Groden, M.D., of Tampa, Fla., said, "We are confident that reducing the number of excimer lasers in each LasikPlus(R) vision center from three to two will have virtually no impact on the patient experience or clinical outcome. My surgeon colleagues and I looked carefully at various laser platforms and comparative data, and we are delighted that this program is being implemented companywide. It will continue the LasikPlus(R) tradition of providing the finest patient care while maintaining a key LasikPlus(R) competitive advantage by offering multi-laser options."

Straus added, "We are partnering with two premier ophthalmic companies committed to remaining at the forefront of the refractive industry with a commitment to the U.S. market. We believe these relationships further solidify LCA-Vision's position as a leader in refractive eye care in the U.S. In addition, as we expand our business model to include premium intraocular lenses and other vision-related services, we will continue to uti
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SOURCE LCA-Vision Inc.
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