Scanning patent issued to LaserSight; laser manufacturers notified.ST. LOUIS--(BUSINESS WIRE)--June 18, 1996--LaserSight Incorporated (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LASE) announced today that the United States Patent Office has granted the Company an important new patent for "scanning" technology, considered to be next generation technology in refractive refractive capacity to refract light. refractive error a difference between the focal length of the cornea and lens, and the length of the eye, resulting in myopia or hyperopia. laser surgery. LaserSight's United States Patent No. 5,520,679 entitled "Ophthalmic Surgery Method Using Non-Contact Scanning Laser" describes the use of a small diameter beam, with low energy and high repetition, referred to as a "scanning" technology. Earlier generation patents cover technology using a broad beam with high energy and low repetition, often referred to as a "pulse" or "broad beam" technology. LaserSight's patent discloses a process utilizing a computer-controlled laser system and scanning device to reshape the cornea cornea: see eye. , primarily for correction of refractive eye problems through procedures such as photorefractive keratectomy Photorefractive keratectomy (PRK) A procedure that uses an excimer laser to make modifications to the cornea and permanently correct myopia. Mentioned in: Myopia, Radial Keratotomy photorefractive keratectomy (PRK PRK photorefractive keratectomy. Photorefractive keratectomy (PRK) A procedure that uses an excimer laser to make modifications to the cornea and permanently correct myopia. ) and 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. . The Company's counsel has notified manufacturers of refractive laser systems (Autonomous Technologies, Chiron Vision Technolas, Kera Technology, Inc., Nidek Incorporated, Novatec Laser Systems, Photon Data, Inc., Summit Technology, Inc., and VisX Incorporated) of the recent action by the U.S. Patent and Trademark Office. The Company believes that this new patent on its scanning laser technology, together with other intellectual property rights, including United States Patent No. 5,144,630, on Solid State lasers, enhances its competitive position. LaserSight Incorporated is a holding company with three operating subsidiaries: LaserSight Technologies, Inc.; MEC MEC Ministério da Educação (Ministry of Education) MEC Ministerio de Educación y Ciencia (Spain: Ministry for Education and Science) MEC Mountain Equipment Co-Op Health Care, Inc.; and The Farris Group. Through technology and managed care strategies, LaserSight is attaining a unique position in the vision care services industry. The Company's business strategy is to continue to develop and improve upon its patented "next generation" laser technology while taking advantage of its experience and strength in managed care and network development to become the leader in total vision care services. CONTACT: LaserSight Incorporated Marti Benfield, 314/469-3220 |
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