ICON Signs Marketing Agreement with MemberWorks, Inc. To Offer Preferred Pricing For LASIK Vision Correction to Health Services Members.Business Editors TORONTO--(BUSINESS WIRE)--Aug. 4, 2000 ICON Laser Eye Centers, Inc. (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. :ILEC (Incumbent Local Exchange Carrier) A traditional local telephone company such as one of the Regional Bell companies (RBOCs). Contrast with CLEC. See ELEC and TELRIC. .U) (ICON), a leading international laser vision correction (LVC LVC Lebanon Valley College LVC Laser Vision Correction LVC Live Virtual Class (Sun Microsystems) LVC Levi's Vintage Clothing LVC Live Virtual Constructive (simulation space) LVC Low Voltage Cutoff ) provider announced that it has signed a marketing agreement with MemberWorks, Inc. (Nasdaq:MBRS MBRS Members MBRS Minority Biomedical Research Support (NIH) ) whereby ICON will offer LASIK LASIK laser-assisted in-situ keratomileusis. LA·SIK n. Eye surgery in which the surface of the cornea is reshaped using a laser, performed to correct certain refractive disorders such as myopia. vision correction at special member pricing to MemberWorks' health services health services Managed care The benefits covered under a health contract members. ICON's preferential pricing makes laser vision correction more accessible for MemberWorks' members by providing 25%-70% off typical industry pricing and will be extended throughout ICON's global network of laser eye centers. ICON and MemberWorks will soon begin an introductory marketing program to inform MemberWorks members of the special offer and about LVC by ICON. Ghassan Barazi, COO of ICON stated, "ICON is very excited about working with such a well known and prestigious marketing company as MemberWorks. ICON is very dedicated to extending the reach and scope of its corporate care initiatives, and we feel that the reputation of MemberWorks for consistently providing superior customer care and value-added services to its membership is a strong platform for this joint marketing effort. ICON believes that value-priced LASIK will be a very attractive offering for many MemberWorks members." About MemberWorks, Inc. Headquartered in Stamford, Conn., MemberWorks is a leader in bringing value to consumers by designing innovative membership programs that offer services and discounts on everyday needs in healthcare, personal finance, insurance, travel, entertainment, computing, fashion, and personal security. As of June 30, 2000, 6.9 million members are enrolled in MemberWorks programs, gaining convenient access to thousands of service providers and vendors. MemberWorks is the trusted marketing partner of leading consumer-driven organizations, and offers them effective tools to enhance their market presence, to strengthen customer affinity, and to generate additional revenue. About ICON Laser Eye Centers, Inc. ICON is a leading international provider of laser vision correction services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. In addition to its own centers, ICON has structured strategic alliance agreements to manage affiliated ICON laser vision correction centers around the world with the intention that they will be acquired by ICON. ICON operates fixed laser centers in Canada, the USA, England, Sweden and Italy, with ICON mobile units currently operating in Europe only. ICON is also operating a series of joint-ventured laser vision correction centers in co-operation with VisionAmerica Incorporated (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VSNA VSNA Vermont State Nurses' Association, Inc. VSNA Vines Sna Service .OB). ICON owned and managed centers are currently operating at a rate of 7,990 procedures per month in its most recent month of July 2000. There are currently 21,506,824 common shares of ICON issued and outstanding. Certain information in this document includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of applicable securities laws. In addition, from time to time ICON or its executive officers have made or may make forward-looking statements, orally or in writing, that involve substantial risks and uncertainties. Actual results could differ materially form those projected or suggested by any forward-looking statements as a result of a wide variety of risks, factors and conditions. Such risks include, but are not limited to, market acceptance of new products and technologies; the ability of ICON to obtain additional capital; risks that negotiated transactions in process may not be successfully completed; economic, competitive, governmental and technological factors affecting ICON's operations and markets; unanticipated events and other various factors. The reader is specifically referred to all disclosures contained in this document and in prior documents publicly disseminated by ICON. |
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