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

To: HerbVic who wrote (188)	9/17/1999 4:45:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 253

(COMTEX) B: Summit Technology, Inc. Announces Launch of E-commerce Pr B: Summit Technology, Inc. Announces Launch of E-commerce Practice Development Program WALTHAM, Mass., Sep 17, 1999 (BUSINESS WIRE) -- Summit Technology, Inc. (NASDAQ Symbol:BEAM) today announced it has entered into an arrangement to participate in the recently launched, Amway/Quixtar web site program. Under the terms of this arrangement, participating Summit doctors will have the exclusive opportunity to provide laser vision correction to Amway's 40 million retail customers worldwide. The web site is designed to provide contact information to interested Amway members by matching them with a participating doctor in their area. "This program represents a stepping stone on the road to future corporate and e-commerce practice development initiatives," said Robert J. Palmisano, Chief Executive Officer of Summit. "We believe with our continued emphasis on customer focus, Summit will be instrumental in helping doctors achieve the highest level of success in their practice, as well as providing high quality patient care." Founded in 1985, Summit Technology is a leading developer, manufacturer and marketer of ophthalmic laser systems and related products designed to correct common vision disorders such as nearsightedness, farsightedness and astigmatism. In 1995, Summit was the first excimer laser company to receive FDA approval for its excimer laser system for the correction of mild to moderate myopia in the U.S. Autonomous, a wholly owned subsidiary, is engaged in the design and development of next-generation excimer laser instruments for laser refractive surgery. The Company's LADARVision System combines laser radar eye tracking with narrow beam shaping technology. In addition, through its wholly owned subsidiary, Lens Express, Summit sells contact lenses and related products. Cautionary Statement under "Safe harbor" Provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this news release contain information about the Company's future business prospects. These statements may be considered "forward looking". These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Among these risks and uncertainties are: competition from other manufacturers and vision correction technologies, delays in obtaining regulatory approvals, challenges to patents owned and licensed by the Company affecting per procedure revenues, adverse litigation results, difficulties in commercializing the LADARVision system and dependence on sole source suppliers. For additional information and risks associated with the Company's business prospects and future operating results, please refer to Summit's public filings with the Securities and Exchange Commission. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Summit Technology, Inc. Kate Sturgis Burnham, (781) 672-0517 kate.burnham@sum-tech.com WEB PAGE: businesswire.com GEOGRAPHY: MASSACHUSETTS INDUSTRY CODE: COMED COMPUTERS/ELECTRONICS MEDICINE INTERACTIVE/MULTIMEDIA/INTERNET BIOTECHNOLOGY Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your ho