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STAAR Surgical Provides Outlook on Third Quarter 2011 Revenue and Cash
Date:10/20/2011

; in Europe and other select countries.  This technology enhancement makes the ICL procedure a one-step process, making the ICL even more competitive to the LASIK procedure.  Based upon all of the above, we have labeled the Visian ICL as the fastest growing refractive technology on our booth at the AAO meeting."

"Our cash position continues to improve as we increase our cash generation from operations, which is now at its highest level in our 25 year history.  Improved cash generation from operations illustrates continued improvements to our effective financial systems and controls," continued Mr. Caldwell.

The Company is expected to report strong operating income growth compared to prior year results when it issues final results after market close on Monday.  The Company also expects to see net income for the quarter adversely impacted by exchange rates of the dollar against the weak euro and Swiss franc, as well as a fair value adjustment of outstanding warrants based on the increased price of the Company's stock during the third quarter.  

Conference Call and Video WebcastSTAAR Surgical will release its financial results for the third quarter ended September 30, 2011 on Monday, October 24, 2011 after the market close.  The Company will host a conference call and live video webcast on Monday, October 24, 2011 at 4:30 p.m. Eastern / 1:30 p.m. Pacific to discuss the Company's third quarter results and recent corporate developments. The call will be broadcast live from the floor of the AAO Conference and will also feature a roundtable discussion with two leading ophthalmologists, who will discuss their experiences with the new Visian V4c with CentraFLOW technology utilizing the KS-AquaPORT™.  The ophthalmologists include Dr. Roberto Zaldivar, Scientific Director for the Zaldivar Institute in Mendoza, Argentina and Dr. Erik Mertens, Medical Director
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SOURCE STAAR Surgical Company
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