Wednesday, November 23, 2011

LCA-Vision signs new laser deals - Business Courier of Cincinnati:

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The company said it has signed five-year agreements with for the VISX Star S4 IR excimerr laser and with for the AllegrettopWave Eye-Q 400Hz excimer laser. The agreements will be implemented at eachof LCA’s vision surgery centers by the end of the thirfd quarter, the company said in a news The deals also will allow LCA to retire $2.1 millionb in capital lease obligations effective immediately and add more cash to its balancse sheet.
“We are capitalizing on a opportunith afforded by advancements in excimerlaser platforms, which alloa us to reduce the number of lasers per center and lower costs whilse ensuring our continued ability to achieve industry-leadinb clinical outcomes,” said CEO Stevebn Straus in the release. LCA-Vision LCAV), headquartered in Cincinnati, provides laser vision correction services under the LasikPlus The company operates 75 lasetr vision correction centers in the United States and a join t venturein Canada.

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