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STAAR Surgical Reports Operational Progress
Date:9/19/2007

make the transition to a leaner, specialized and more flexible go-to-market strategy in support of this important part of our business. This group will focus on selling our cataract products, while the refractive teams will manage the very different demands of building a market for the ICL, including the intensive long-term follow-up necessary to assist refractive customers in integrating the ICL into their practices. Our goal is to have all elements of the revamped sales organization in the field by the end of October 2007 and to be ready for a strong showing at the American Academy of Ophthalmology meeting in early November."

"In a determined effort to efficiently manage cash resources in our U.S. operations, we have taken the first step in an expected series of actions aimed at restoring profitability," added Deborah Andrews, Chief Financial Officer. "Recently we implemented cost-cutting actions in our U.S. operations that are expected to yield approximately $1.5 million in annualized savings. Other across-the-board efforts are underway, which we believe will yield significant additional savings. We plan to continue to explore additional opportunities to drive down costs and maximize existing cash resources as we execute our sales and marketing plan focused on delivering meaningful top line growth. We will update investors on the results of this work during our third quarter conference call," Ms. Andrews concluded.

About STAAR Surgical

STAAR Surgical is a leader in the development, manufacture and marketing of minimally invasive ophthalmic products employing proprietary technologies. STAAR's products are used by ophthalmic surgeons and include the Visian ICL, a tiny, flexible lens implanted to correct refractive errors, as well as innovative products designed to improve patient outcomes for cataracts and glaucoma. Manufactured in Switzerland by STAAR, the ICL is approved by the FDA for use in treating myopia, has received CE Marking and is sold
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SOURCE STAAR Surgical Company
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