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20/10 PERFECT VISION AG closes EUR 13.5 million financing round
NBGI Ventures, London and IBG Beteiligungsgesellschaft Sachsen-Anhalt, Magdeburg support expansion


HEIDELBERG, October 2007 - 20/10 PERFECT VISION AG announced that it has successfully completed a 13.5 million (US$ 19.2 million) financing round led by London-based NBGI Ventures (NBGI). IBG Beteiligungsgesellschaft mbH Sachsen-Anhalt acted as co-investor and joined the existing financing syndicate, including Innoven Partenaires and Entrepreneurs Fund, who also substantially contributed to this financing round.

The funding proceeds will enable the company to accelerate the market penetration of its FEMTEC femtosecond laser workstation unit with its novel applications for ophthalmic surgery recently introduced to the international markets. The system offers eye surgeons a broad variety of innovative procedures including refractive laser surgery applications. The funding will further accelerate the development of totally new procedures in ophthalmology.

Christian Sarwa from NBGI and Sabine Madaus from IBG will join the company's supervisory board. 'Our investment in 20/10 PERFECT VISION fits right into our strategy to support innovative medical technology companies in Europe. We were highly impressed by the versatility of their FEMTEC workstation, and believe that the company has the potential to establish the forefront for new femtosecond laser applications in Ophthalmology', commented Christian Sarwa from NBGI.

'We are pleased to welcome such renowned investors to our international investor syndicate. Their commitment and the continuing support from our existing investors are a strong endorsement of our achievements and our vision. It motivates all of us to deliver constantly growing value to all our shareholders', added Reinhard Mueller-Spaeth, CEO of 20/10 PERFECT VISION.

BioConnect AG (Frankfurt) acted as financial advisor and GREENFORT (Frankfurt) as legal advisor to 20/10 PERFECT VISION in this transaction. WEITNAUER (Berlin) acted as legal advisor to NBGI and IBG.

About 20/10 PERFECT VISION:
20/10 PERFECT VISION AG of Heidelberg, Germany, develops, manufactures and markets innovative technologies for raising refractive surgery well beyond current expectations. The company's FEMTEC femtosecond laser workstation is set to revolutionize the ophthalmic surgery market, while keeping ease-of-use and patient safety as primary objectives. The ISO 9001:2000 and ISO 13485 certified company also developed WaveScan(tm), the award-winning wavefront diagnostic device for refractive surgery, acquired by VISX(tm) (now AMO(tm), Inc.).

About NBGI Ventures:
NBGI Ventures has recently achieved the first close of its second fund, focused on leading investments in early stage technology companies, particularly those active in the medical technologies sectors. NBGI Ventures has a team of 5 professionals with offices in London and Athens and considers investments across Europe. www.nbgiventures.com

About IBG:
IBG Beteiligungsgesellschaft mbH is the largest venture capital company in Saxony Anhalt for financing technology-oriented start-ups. The portfolio of IBG currently comprises approximately 65 investments. At present the invested fund volume amounts to 173 million.

For more information on 20/10 PERFECT VISION AG and its proprietary femtosecond laser, please visit: www.2010pv.com.

20/10 PERFECT VISION AG
Am Taubenfeld 21/1
69123 Heidelberg, Germany
Phone: +49 6221 7502-0
Fax: +49 6221 7502-122
E-Mail: info@2010pv.com

General Management:
Reinhard Mueller-Spaeth
Dr. Frieder Loesel, Ralf Mulflur

Chairman of the Supervisory Board:
Helmut Krueger

Registered Office: Heidelberg
AG Mannheim HRB 702791
BW-Bank, Heidelberg
Routing No. 600 501 01
Account No. 7421505211
IBAN:
DE57 6005 0101 7421 5052 11
BIC: SOLA DE ST


Publisher Contact Information:

2010 Perfect Vision Optische Geräte GmbH
+49-6221-7502-111
ralf.mulflur@2010pv.com

Company profile of Technolas Perfect Vision (acquired by Bausch & Lomb)
Past press releases of Technolas Perfect Vision (acquired by Bausch & Lomb).

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