Business Services Industry

LCA-Vision's "National LASIK Network" Selected by Principal Financial Group to Provide Laser Vision Correction Services for Members

Business Wire, August 13, 2007

CINCINNATI -- LCA-Vision Inc. (Nasdaq:LCAV), a leading provider of laser vision correction services under the LasikPlus brand, announced today that it has entered into an arrangement with the Principal Financial Group to provide their group insurance and self-funded customers with savings on laser vision correction services through its National LASIK Network. LCA-Vision launched the National LASIK Network in 1999 to offer laser vision correction services to health and vision insurers throughout the United States. Through this network, LCA-Vision brings high-quality standards, including excellent clinical results and superior service at a value price to the geographically diverse base of Principal customers.

The National LASIK Network is one of the largest laser vision correction networks in the United States. LCA-Vision operates 69 LasikPlus vision centers located in 31 states and 54 markets in the United States, and these vision centers are included in the National LASIK Network.

"We are pleased to partner with the Principal Financial Group to provide their members access to high-quality laser vision correction services at an affordable price," commented Steve Straus, LCA-Vision's Chief Executive Officer.

About the Principal Financial Group

The Principal Financial Group([R])(The Principal ([R]))1 is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $282.1 billion in assets under management2 and serves some 18.1 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.

About LCA-Vision Inc./LasikPlus

LCA-Vision Inc. is a leading provider of laser vision correction services under the LasikPlus brand. As of July 31, 2007, the company operated 69 LasikPlus fixed-site laser vision correction centers in 31 states and 54 markets in the United States and a joint venture in Canada. Additional company information is available at www.lca-vision.com and www.lasikplus.com. It's Not Just LASIK. It's LasikPlus!

For Additional Information

1 "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

2 As of June 30, 2007

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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