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Laserscope Reports Highest First Quarter Revenues in Company History; Revenues Up 104 Percent, Net Income Up 543 Percent.

SAN JOSE, Calif.--(BW HealthWire)--April 22, 1997--Laserscope (Nasdaq:LSCP) today announced the highest first quarter reventh these results," said Robert V. McCormick, one of the broadest in the industry, added a s third quarter of 1996, we have now achieved five consecutive quarters of net income growth."

"Inby regulatory bodies in Germany and Italy," he said. "Moreover, we should know by year-end whether the U.S. that has several different names -

chronic bladder syndrome, female prostatitis, urethral syndrome or trigonitis."

"Treating the trigone area with the Aura Laser System and a new, proprietary, disposable delivery device," said Mr. McCormick, "appears to be a promising treatment alternative. It is estimated that up to 5,000,000 women suffer from these symptoms, which can be quite painful."

Laserscope designs, manufactures, sells and services an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center and hospital markets. In addition, Laserscope's Ascent Medical Systems(TM) (AMS) provide innovative, custom equipment solutions for surgical and patient care. Laserscope's AMS family of products includes operating and treatment room lights, ceiling-mounted equipment organizers, video systemMA submissions or that any regulatory approvaleffect and timing of relevant domestic and international regulatory approvals, the adoption and imposition of new health care standards, and other risks detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of the most recent Forms 10K and 10Q are available upon request from Laserscope's Investor Relations Department. -------- ------- Gross margin 7,076 3,870

Operating exd other income, net (26) 7

-------- ------- Income before income taxes income per share $0.07


-------- -------- Shares used in per share calculations 13,041 7,295

Condensed Consolidated Balance Sheets

-------- --------

Total current assets 36,295 35,536

Property and equipment, net 4,453 3,109 Intangibleilities $16,926 $1 -------- Total liabilities and shareholders'

equity $46,263 $44,469

CONTACT: Laserscope

Richard Wood (IR/Media) or

Dennis LaLumandiere (Financial),



Halsted Communications

John Lockhart, 800/600-7111
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Publication:Business Wire
Date:Apr 22, 1997
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