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STAAR Surgical Provides Preliminary First Quarter Revenue Results
Date:4/8/2013

dia later this year.  Visian ICL revenue grew in the U.S. by approximately 12% in the first quarter, likely due to our on-going marketing, social media, and promotional activities.  This 12% first quarter growth in the U.S. follows 10% year over year growth during the second half of 2012 in a market where LASIK procedures are clearly declining.

"IOL revenue during the first quarter of this year remained relatively flat.  However, without the negative impact of the foreign exchange rate in Japan, global IOL revenue would have grown by approximately 10%.  With the introduction of the KS-SP Preloaded Acrylic IOL we saw a 25% IOL unit increase in Japan. Additionally, we did exit the quarter with approximately $900,000 in backorders of our Pre-Loaded Acrylic IOLs in Europe.  Finally, we continue to make progress towards the full implementation of our manufacturing consolidation from Japan and Switzerland facilities to the U.S., remaining on target with our pre-established product and quality metrics.  We look forward to updating investors on our progress as well as our 2013 metrics on May 1," Mr. Caldwell concluded.

About STAAR SurgicalSTAAR, which has been dedicated solely to ophthalmic surgery for over 25 years, designs, develops, manufactures and markets implantable lenses for the eye and delivery systems therefor. All of these lenses are foldable, which permits the surgeon to insert them through a small incision. STAAR's lens used in refractive surgery as an alternative to LASIK is called an Implantable Collamer® Lens or "ICL." A lens used to replace the natural lens after cataract surgery is called an intraocular lens or "IOL." Over 350,000 Visian ICLs have been implanted to date; to learn more about the ICL go to: www.visianinfo.com
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SOURCE STAAR Surgical Company
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