Global Vision Inc. raises an additional $1.5 million.JACKSONVILLE Jacksonville. 1 City (1990 pop. 29,101), Pulaski co., central Ark., inc. 1941. The city has varied industries, including printing and publishing and the manufacture of electronic equipment, ordnance, and plastic and metal products. , Fla.--(BUSINESS WIRE)--Oct. 24, 1996--Global Vision Inc., a privately held national laser vision correction company and leader in its field, Thursday Thursday: see week. announced it has raised an additional $1.5 million from Pacific Venture Group, a California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). based venture capital group. This is in addition to $2.5 million recently raised from California based venture capital group, Crosspoint Venture Partners. Both venture capital groups will hold a minority interest in the company, however, additional terms of the agreement were not disclosed. The proceeds will be used to fund the ongoing operations of the company, as well as funding the establishment of new laser vision correction centers in strategic areas throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Jerry Jer·ry n. pl. Jer·ries Chiefly British Slang A German, especially a German soldier. [Alteration of German. W. Maida, M.D., M.B.A., executive chairman and founder of Global Vision commented: "We are pleased that Pacific Venture Group has joined Crosspoint Venture Partners in supporting the ongoing efforts of Global Vision. Although the industry as a whole has shown slower growth than originally anticipated, the investment by Pacific Venture Group exemplifies the financial community's continued confidence in the future of laser vision correction procedures." Commenting on behalf of Pacific Venture Group, Eve M. Kurtin, managing partner, added: "We believe in the potential of this industry and are supportive of Dr. Maida and his management team. We like their unique approach in working together with local providers, both optometrists and ophthalmologists." Global Vision Inc. owns and operates laser vision correction centers in eight locations throughout the United States. CONTACT: Global Vision Inc., Jacksonville Joann B. Rushing, Vice President Marketing and Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 904/281-1800 |
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