LCA-Vision Board of Directors Elects E. Anthony Woods to Serve As Chairman.CINCINNATI -- LCA-Vision Inc. (Nasdaq:LCAV LCAV Legal Community Against Violence (San Francisco, CA) LCAV Logistics Support Center Customer Asset Visibility ), a leading provider of laser vision correction services under the LasikPlus brand, today announced that its Board of Directors has elected E. Anthony Woods to serve as Chairman of the Board. Mr. Woods, who has served as an independent director on LCA-Vision's Board since 2004, has extensive executive and consultative experience in the health care industry. He currently serves as the Chairman of Deaconess dea·con·ess n. 1. A Protestant woman who assists the minister in various functions. 2. Used as a title prefixed to the surname of such a woman: Deaconess Brown. Noun 1. Associations, Inc., a Cincinnati-based, diversified health care holding company that operates 15 for-profit and not-for-profit health care companies. He served as the President and Chief Executive Officer of Deaconess for over 15 years prior to assuming the position of Chairman in 2003. Mr. Woods also serves on the boards of Summit Diagnostics Imaging, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and Cincinnati Financial Cincinnati Financial Corporation (NASDAQ: CINF) offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. Corporation, an S&P 500 company. LCA-Vision/LasikPlus is grateful to Stephen Joffe for his years of service and dedication that has created one of the fastest-growing and most profitable laser vision correction companies in 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. . Commenting on the strength of the current business conditions and expected future results of the company, Craig Joffe, LCA-Vision's Interim Chief Executive Officer and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. said, "The LCA LCA Life Cycle Assessment LCA Saint Lucia (ISO Country code) LCA Life Cycle Analysis LCA Linux.conf.au (Australian Linux conference) LCA Labor Condition Application LCA Light Combat Aircraft Vision/LasikPlus business remains robust, and we are committed to the operational and financial guidance we provided February 22, 2006. We are confident that we will have strong financial and operational performance again this year." Craig Joffe added, "We are pleased to have Tony Woods For the American football player of the same name see Tony Woods (football player). Tony Woods (born July 2, 1969) is a former Australian rules footballer in the Australian Football League who commenced his career with Fitzroy Collingwood in the 1990 Premiership serve as our Chairman. His vast experience in the health care industry, combined with his strategic skills and proven leadership abilities are all qualities that bring an important external dimension to this position. I look forward to working with Tony as we continue to pursue long-term growth by expanding our market share in both existing and new markets." The Board also announced that the Nominating and Governance Committee is interviewing executive search firms as part of its search for a permanent Chief Executive Officer. The committee expects to select and disclose the identity of the search firm by mid-April. The Committee will work with the selected firm to complete the search in an expeditious ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex manner. Craig Joffe is among the internal candidates being considered for permanent appointment to Chief Executive Officer. Forward-Looking Statements This news release contains forward-looking statements based on current expectations, forecasts and assumptions of LCA-Vision that are subject to risks and uncertainties. Forward-looking statements in this release, including statements regarding our belief that revenues and earnings will exhibit healthy year-over-year growth for fiscal 2006, among others, are based on information available to us as of the date hereof. Actual results could differ materially from those stated or implied in such forward-looking statements due to risks and uncertainties associated with our business, including, without limitation, those concerning global and local economic, political and sociological conditions; market acceptance of our services; the successful execution of marketing strategies; competition in the laser vision correction industry; an inability to attract new patients; the possibility of long-term side effects Side effects Effects of a proposed project on other parts of the firm. and adverse publicity regarding laser vision correction; adverse financial consequences in connection with the expensing of stock options or other equity-based compensation; operational and management instability; regulatory action against us or others in the laser vision correction industry; and the relatively high fixed cost structure of our business. For a further discussion of the factors that may cause actual results to differ materially from current expectations, please review our filings with the Securities and Exchange Commission, including but not limited to our Forms 10-K and 10-Q. Except to the extent required under the federal securities laws and the rules and regulations promulgated prom·ul·gate tr.v. prom·ul·gat·ed, prom·ul·gat·ing, prom·ul·gates 1. To make known (a decree, for example) by public declaration; announce officially. See Synonyms at announce. 2. by the Securities and Exchange Commission, we assume no obligation to update the information included in this news release, whether as a result of new information, future events, or circumstances, or otherwise. About LCA-Vision Inc./LasikPlus LCA-Vision Inc. is a leading provider of laser vision correction services under the LasikPlus brand. We own and operate 50 LasikPlus fixed-site laser vision correction centers in the United States and a joint venture in Canada. Additional information is available at our corporate websites: www.lca-vision.com and www.lasikplus.com. It's Not Just 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. . It's LasikPlus! |
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