Article: Summit Technology Reports 1999 Fourth Quarter and Full Year 1999 Financial Results; Q4 1999 Procedure Volume Up 82% Over Prior Year and Up 12% Over Q3 1999.

Business/Health and Medical Writers

WALTHAM, Mass.--(BW HealthWire)--Jan. 31, 2000

Summit Technology, Inc. (NASDAQ: BEAM) announced today that revenues for the three months ended December 31, 1999 were $29.9 million, an increase of 34% over revenues of $22.4 million for the three months ended December 31, 1998. Revenues for the fourth quarter of 1999 from the Company's laser vision correction business increased 77% to $18.9 million from $10.7 million in the fourth quarter of 1998.

Fourth quarter 1999 procedure volume in the US, as measured by the Company's sales of OmniCards and by actual LADARVision(R) procedures, increased 82% over the fourth ...

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