LCA-Vision Urges Stockholders to Take No Action Regarding the Joffe Group's Threatened Consent Solicitation
29 December 2008 - 11:00PM
PR Newswire (US)
CINCINNATI, Dec. 29 /PRNewswire-FirstCall/ -- The LCA-Vision Inc.
(NASDAQ: LCAV) Board of Directors strongly opposes the consent
solicitation threatened by the Joffe group. The Board believes that
the Company has undertaken a prudent and achievable strategic plan
to return the Company to profitability and that the Joffe
intervention is a poorly designed effort to take control of your
Company. The Board further believes that the Joffe effort is an
undue distraction to the Company that would damage shareholder
value. The Board of Directors strongly encourages stockholders to
refrain from taking any action regarding the Joffe group's consent
solicitation until they have had the benefit of the Board's
recommendation and accompanying explanation. About LCA-Vision
Inc./LasikPlus(R) LCA-Vision Inc., a leading provider of laser
vision correction services under the LasikPlus(R) brand, operates
77 LasikPlus(R) fixed-site laser vision correction centers in 33
states and 59 markets in the United States and a joint venture in
Canada. Additional company information is available at
http://www.lca-vision.com/ and http://www.lasikplus.com/.
Disclaimer In connection with a possible consent solicitation by
certain stockholders to remove and replace the Board of Directors
of the Company, the Company plans to file a consent revocation
statement solicitation with the Securities and Exchange Commission.
THE COMPANY URGES INVESTORS TO READ THE CONSENT REVOCATION
STATEMENT (INCLUDING ANY SUPPLEMENTS THERETO) AND ANY OTHER
RELEVANT DOCUMENTS THAT THE COMPANY WILL FILE WITH THE SEC WHEN
THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. Stockholders will be able to obtain, free of charge,
copies of the consent revocation statement and any other documents
filed by the Company with the SEC in connection with the consent
solicitation at the SEC's website at http://www.sec.gov/ and at the
Company's website at http://www.lasikplus.com/. LCA-Vision Inc. and
its directors and certain executive officers may be deemed to be
participants in the solicitation of consent revocations from
stockholders. Information regarding the names of the Company's
directors and executive officers and their respective interests in
the Company by security holdings or otherwise is set forth in the
Company's proxy statement relating to the 2008 annual meeting of
stockholders, which may be obtained free of charge at the SEC's
website at http://www.sec.gov/ and the Company's website at
http://www.lasikplus.com/ or by contacting Georgeson, 199 Water
Street, 26th Floor, New York, NY 10038 by calling (212) 440-9800
(bankers and brokers) or toll-free (800) 457-0109 (all others).
Additional information regarding the interests of such potential
participants will be included in the consent revocation statement
and other relevant documents to be filed with the SEC in connection
with the Consent Solicitation. Earning Trust Every Moment.
Transforming Lives Every Day. For Additional Information Company
Contact: Investor Relations Contact: Barb Kise Jody Cain
513-792-9292 310-691-7100 DATASOURCE: LCA-Vision Inc. CONTACT: Barb
Kise, +1-513-792-9292; or Investor Relations, Jody Cain,
+1-310-691-7100, both for LCA-Vision Inc. Web Site:
http://www.lasikplus.com/
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