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LCA-Vision Provides Business Update and Market Review
Date:6/25/2008

CINCINNATI, June 25 /PRNewswire-FirstCall/ -- LCA-Vision Inc. (Nasdaq: LCAV), a leading provider of laser vision correction services under the LasikPlus(R) brand, is providing an update on the company's business and a review of market conditions for the company's services.

"Macro-economic conditions continue to negatively impact consumer confidence and discretionary spending, leading to continued softness in LasikPlus(R) appointments by prospective patients and disappointing show rates," said Steven C. Straus, Chief Executive Officer of LCA-Vision. "We also believe that media coverage leading up to and following the April 25, 2008 Food and Drug Administration Ophthalmic Devices Panel negatively impacted our business in May and June. Our total procedure volume for the second quarter of 2008 is expected to be down approximately 40% compared with the second quarter of 2007.

"On the positive side, IntraLase(R) is available in 73 of our 76 LasikPlus(R) vision centers and month-to-date is being utilized in about 69% of our procedures, up from 55% in March," Mr. Straus said. "We continue to expand our market presence, and have plans to open our 77th and 78th LasikPlus(R) vision centers during the third quarter, which will bring our 2008 new center openings to six. We also plan to relocate three or four older locations by the end of this year. We are committed to success at each LasikPlus(R) vision center and have no plans at this time to close any facility.

"Our management team has been working collaboratively with constituents throughout the company and our external business partners to make the best decisions in each market, and we are implementing initiatives at the center level to optimize our performance," said Mr. Straus. "Some of these initiatives include:

-- Implementing simplified market-specific pricing for the first time based on testing conducted over the past four months in multiple LasikPlus(R) markets.

-- Completing
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SOURCE LCA-Vision Inc.
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4. LCA-Vision to Present at the Bank of America 2008 Health Care Conference
5. LCA-Vision Announces the Opening of its 76th LasikPlus(R) Vision Center in Woodbridge, New Jersey
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