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Biotech / Medical : BEAM, BOL, KERA, LASE, LCAV, LVCI, LZRC, VISX, SNRS, STAA

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To: HerbVic who wrote (211)12/7/1999 8:51:00 PM
From: HerbVic  Read Replies (1) of 253
 
Summit Comments On ITC Decision

WALTHAM, Mass.--(BW HealthWire)--Dec. 7, 1999--Summit Technology,
Inc. (NASDAQ:BEAM) said today that the decision by the ITC

(International Trade Commission) in favor of Nidek in the unfair competition
action brought against Nidek by Visx will have no effect on the patent
infringement action brought by Summit against Nidek.

Summit has brought patent infringement suits against Nidek and Icon Laser
Centers in US District Courts in Massachusetts and elsewhere and the
Company will continue to vigorously defend its patent position.

"We have a lot of confidence in the validity and breadth of our patents and
our right to license our customers to practice the art covered by Visx's key
patents," stated Robert J. Palmisano, Chief Executive Officer of Summit.
"We believe that our patent licensing policies are fair and reasonable given
the tremendous investments we have made through the years, and continue
to make, in order to bring this technology to our customers and the public,"
he finished.

corporate-ir.net
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