Gimbel Vision increases refractive procedures
Gimbel Vision International Inc GBV
Shares issued 23,938,832 Jan 21 close $0.80
Mon 24 Jan 2000 News Release
Mr. Glenn Gimbel reports
The number of paid refractive procedures performed at the company's centres
during 1999 totalled 23,501 which is a 45-per-cent increase over the 16,182
procedures performed during 1998. The procedure volumes in Canada and the
United States each increased 44 per cent to 12,596 and 5,400. Procedure
volumes from centres outside North America increased 48 per cent to 5,505.
During the three-month period ended Dec. 31, 1999, the number of paid
refractive procedures at the company's centres increased 32 per cent over
the prior year to 5,792.
Glenn Gimbel, president, and chief executive officer, said: "Our decision
to adjust our Canadian fee structure in February, 1999, has enabled the
company to increase surgery volumes and maintain profitability while
providing our patients with the highest standards of treatment and care.
Our centres based in the United States have also performed very well during
the year. With the signing of three new centres in 1999, which will open
during 2000, and our focus on establishing additional new centres in 2000,
we look forward to continuing growth and success in 2000."
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