Lasik Vision Concludes Its Litigation With Industry Competitor
08:01 EDT Friday, September 01, 2000

VANCOUVER, BRITISH COLUMBIA--Lasik Vision Corporation (CDNX:LSK), a leading North American provider of laser vision correction services, today announced that the trial in the litigation brought by Lasik Vision against TLC Laser Eye Centres Inc. and others ("TLC ") is not proceeding as the litigation between Lasik Vision and TLC has now been resolved. The terms and conditions of the settlement arrangements between the parties cannot be disclosed.

Based in Vancouver, B.C. Lasik Vision Corporation is Canada's largest operating laser vision refractive company. Lasik Vision has already performed more than 120,000 procedures at its 30 centres in North America. Through its subsidiaries and affiliates, Lasik Vision has one centre presently under construction in the United States. Lasik Vision centres offer vision correction procedures, including LASIK (Laser-in-Situ-Keratomileusis) and PRK (Photo-Refractive Keratectomy) to correct nearsightedness, farsightedness and astigmatism with advanced excimer lasers and state-of-the-art topography and microkeratome equipment. With many of the most experienced specialists in North America. Lasik Vision's goal is to provide the best quality patient care and clinical outcomes at the most affordable price for patients. Additional information may be obtained through the Company's website at www.lasik-vision.com.

Statements and/or financial forecasts that are not historical are to be regarded as forward-looking statements, which are subject to risks and uncertainties and could cause actual results to differ materially. Such risks and uncertainties with respect to Lasik Vision's business include but are not limited to: (i) general economic conditions, (ii) limited operating history, (iii) continued industry and public acceptance, (iv) regulatory compliance, (v) potential liability or malpractice claims, (vi) future capital requirements and uncertainty of additional funding and (vii) dependence on key personnel. These forward statements should not be reprinted, reiterated nor considered an inducement for investment.

On behalf of the Board of Directors of Lasik Vision Corporation

Philip Louie, Director