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Biotech / Medical : BEAM, BOL, KERA, LASE, LCAV, LVCI, LZRC, VISX, SNRS, STAA -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (186)	9/17/1999 1:29:00 PM
From: 2MAR$	Read Replies (2) \| Respond to of 253

(BSNS WIRE) Laser Vision Centers, Inc. Announces Five Market Development Laser Vision Centers, Inc. Announces Five Market Development Agreements; Company Expects 20 Additional Contracts By End Of Fiscal Year Business and Health Editors ST. LOUIS--(BW HealthWire)--Sept. 17, 1999--LASER VISION CENTERS, INC., (Nasdaq: LVCI) announced today that it has signed five agreements under its newly developed market development program. The market development program focuses on small- to mid-sized cities with populations of approximately 300,000. The announced agreements cover Brunswick and Savannah, Georgia; Westbrook, Maine; Lake Charles, Louisiana; and Branson, Missouri. Under the agreements LaserVision will provide excimer lasers, marketing support, patient financing and an in-practice refractive coordinator. In exchange, LaserVision receives the majority of the patient fee, and contractually obligates the participating surgeon for 3-5 years. The Company said that it would continue to offer its open access model in other cities. "We are pleased to announce the roll-out of this new program," LaserVision Chairman and CEO, John J. Klobnak said. "This is the first of many agreements which we intend to sign with surgeons in similar markets. We believe this program achieves two things. First, it formally binds a surgeon to the LaserVision organization and second, it increases the average selling price LaserVision receives on each case which should increase our already strong revenue growth." 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. --30--MG/dx* CONTACT: Laser Vision Centers Inc., St. Louis John A. Stiles 314-434-6900 jstiles@laservision.com laservision.com KEYWORD: MISSOURI GEORGIA MAINE LOUISIANA INDUSTRY KEYWORD: MEDICINE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com