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

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To: Joe who wrote (104)	5/19/1999 12:07:00 PM
From: W Shakespeare	Read Replies (1) of 253

Laser Vision Centers, Inc. Announces Same U.S. Laser Revenue for April up Over 48%; U.S. Surgical Case Volume for Fourth Quarter up 128% ST. LOUIS--(BW HealthWire)--May 19, 1999--Laser Vision Centers, Inc., (Nasdaq: LVCI) announced today that same U.S. laser revenue for the month of April increased over 48% compared to the same month a year ago. Same U.S. laser revenue compares the revenue generated on 26 lasers that were in operation in April 1998 to the revenue generated by those same lasers in April 1999. Same U.S. laser revenue is not equal to total company growth which would be a higher percentage. The Company operated a total of 38 lasers in the U.S. during April 1999. The Company said that it performed more than 19,950 U.S. surgical cases during the quarter ended April 30,1999, a 128% increase over the same quarter last year. U.S. cases for the year ended April 30, 1999 totaled over 56,750 and more than 60,480 worldwide. Beginning in June 1999, the Company said that it would begin reporting on a monthly basis the total percentage increase in U.S. case volume for comparative months and discontinue the practice of reporting same U.S. laser revenue. LaserVision Chief Financial Officer Chuck Bono said, "LaserVision has begun a re-deployment of some higher volume mobile lasers into fixed locations. Due to this re-deployment, these lasers will initially have more moderate case volume. We believe that reporting case volume rather than revenue will give a more accurate "apples to apples" comparison of the growth LaserVision is experiencing." Laser Vision is one of the world's largest providers of excimer lasers, related equipment and support services for the treatment of nearsightedness, farsightedness and astigmatism. Except for historical information, statements relating to the Company's plan, objectives and future performance are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations. Because of various risks and uncertainties, actual strategies and results in future periods may differ materially from those currently expected. Additional discussion of factors affecting the Company's business is contained in the Company's most recent filings with the Securities and Exchange Commission. CONTACT: Laser Vision Centers, Inc. John A. Stiles, 314/434-6900 jstiles@laservision.com laservision.com KEYWORD: MISSOURI BW0101 MAY 19,1999 6:38 PACIFIC 09:38 EASTERN

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