BeaconEye Institute announces financing transaction with MarCap Corporation.TORONTO--(BUSINESS WIRE)--April 2, 1997--BeaconEye Inc. (BEY-TSE), which operates as Beacon Eye Institute ("Beacon") today announced completion of a $3.8 million equipment financing transaction with MarCap Corporation. The transaction provides Beacon with equipment financing for its Arlington, Texas Arlington is a city in Tarrant County, Texas (USA) within the Dallas-Fort Worth-Arlington metropolitan area. According to a U.S Census Bureau release, as of July 1, 2006 Arlington has an estimated population of 367,197. ; Tampa, Fla., and Atlanta laser centers. Additionally in March, Beacon closed a $0.8 million computer lease financing with Sanwa Corporation. Keith Moore
Keith Moore (born 12 October 1960) is the author and co-author of several IETF RFCs related to the MIME and SMTP protocols for electronic mail, among others: Beacon has raised a total of $77.8 million (including $28.0 million invested by Hawker Siddeley Canada Hawker Siddeley Canada was the Canadian unit of the Hawker Siddeley Group of the United Kingdom and manufactured railcars, streetcars and aircraft engines from the 1960s to 1980s. ) of debt and equity capital since its inception in November 1994. Beacon provides facilities and services for the performance of Laser-PRK(TM) vision correction. Laser-PRK is performed with an excimer laser A gas laser in which a very short electrical pulse excites a mixture containing a halogen such as fluorine and a rare gas such as argon or krypton. It produces a brief, intense pulse of ultraviolet light. which generates ultraviolet light Ultraviolet light A portion of the light spectrum not visible to the eye. Two bands of the UV spectrum, UVA and UVB, are used to treat psoriasis and other skin diseases. for gently reshaping the surface of the eye to improve natural vision and reduce or eliminate the need to wear glasses or contact lenses. Moore stated, "We continue to be enthused about the potential of the emerging laser vision treatment industry. More than 130 million people across the U.S. and Canada may be candidates for Laser-PRK vision correction. Penetration of about one percent of this potential market would create an industry of $2 to $4 billion annually. We believe our investment in business and quality control systems places us in a prime position to leverage increasing shareholder value as the Beacon business continues to grow." Beacon's ten laser centers are located in Toronto; San Antonio, Austin, Dallas/Fort Worth, and Houston, Texas; Denver; Fort Lauderdale and Tampa, Fla.; Atlanta; and Orange County, Calif. Further expansion is planned as the market for laser vision treatment continues to grow and Beacon raises additional capital. Visit the Beacon web site at www.beaconeye.com for a comprehensive view of the company and Laser-PRK vision correction. CONTACT: BeaconEye Institute Keith F. Moore, 905/897-7161 kmoore@beaconeye.com |
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