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PHOENIX LASER SYSTEMS, INC. ANNOUNCES REDUCTION IN FORCE

 FREMONT, Calif., Feb. 19 /PRNewswire/ -- Phoenix Laser Systems, Inc., (AMEX: PXS) today announced a reduction in force of 11 positions or approximately 25 percent of their total staff has been completed. Positions eliminated are primarily in support services and manufacturing operations and while the reduction in force is not expected to affect the current testing programs and delivery of prototypes, will delay commercial introduction of the ophthalmic laser workstation.
 Phoenix Laser Systems, Inc. is a developer of integrated laser workstations primarily for use by the medical community. The company's initial efforts have been focused on the design, development and testing of its first product, the Phoenix Ophthalmic Laser Workstation. The company's technology permits surgery designed to correct nearsightedness, farsightedness, and astigmatism, as well as a large number of eye disorders which are untreatable or only partially treatable with current technology.
 -0- 2/19/93
 /CONTACT: Jon Solow of Phoenix Laser Systems, Inc., 510-249-0300/
 (PXS)


CO: Phoenix Laser Systems, Inc. ST: California IN: SU:

SH-OS -- NY051 -- 8470 02/19/93 14:48 EST
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Publication:PR Newswire
Date:Feb 19, 1993
Words:172
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