LCA-Vision Opens LasikPlus Vision Center in Salt Lake City
December 28 2004 - 10:50AM
PR Newswire (US)
LCA-Vision Opens LasikPlus Vision Center in Salt Lake City Entry
into new market brings total number of new vision centers opened in
2004 to seven CINCINNATI, Dec. 28 /PRNewswire-FirstCall/ --
LCA-Vision Inc., a leading provider of fixed-site laser vision
correction services at its LasikPlus vision centers, today
announced the opening of a new LasikPlus vision center in Salt Lake
City, Utah, its first facility serving this region of the United
States. The new center is equipped with technologically advanced
lasers and diagnostic equipment, including Bausch & Lomb, VISX
and Alcon lasers, offering patients a wide choice of traditional
laser vision correction and advanced custom wavefront procedures.
Sally Thompson, M.D., a board-certified ophthalmologist, will lead
the LasikPlus Salt Lake City team of health care professionals.
"With the opening of our Salt Lake City vision center, we have now
opened seven vision centers in 2004, meeting our previously
announced target for new vision center openings in 2004," commented
Stephen N. Joffe, LCA-Vision's chairman and chief executive
officer. "We have specific criteria for vision center locations,
including the expectation that a site can reach a breakeven point
within six months of opening. To date, the response we have
received in our new markets has been strong, and our new vision
centers have reached profitability well ahead of our six-month
target." Mr. Joffe continued, "Approximately 150 million Americans
require eyeglasses or contact lenses with 63 million currently
eligible for laser vision correction surgery. Since FDA approval of
laser eye surgery in the United States in 1995, approximately 4.5
million patients have been treated. We believe the potential market
remains largely untapped, and the pool of potential patients
continues to grow faster than the number of treatments performed.
This highly fragmented market should provide significant growth
opportunities for us, in both new and existing markets. We believe
we are in a strong position for continued expansion, and have plans
to open 10 to 12 vision centers in 2005." About LCA-Vision &
LasikPlus LCA-Vision (NASDAQ:LCAV) currently operates 44 laser
vision correction centers, including 41 wholly-owned LasikPlus
vision centers located in large metropolitan markets throughout the
United States and three centers in a joint venture in Canada. This
news release contains forward-looking statements that are subject
to risks and uncertainties that may result in actual results to
differ materially from current expectations. For a discussion of
risks and uncertainties that LCA-Vision faces, please refer to the
company's filings with the Securities and Exchange Commission
including, but not limited to, its Forms 10-K and 10- Q.
DATASOURCE: LCA-Vision Inc. CONTACT: Stephen N. Joffe, Chairman
& CEO, +1-513-792-9292, or , or Patricia Forsythe, V.P.
Investor Relations, +1-513-792-5629, or , both of LCA-Vision Inc.
Web site: http://www.lca-vision.com/ http://www.lasikplus.com/
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