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Calhoun Vision Expands Executive Team With Proven Ophthalmic Industry Veterans

PASADENA, Calif., June 18, 2015 (GLOBE NEWSWIRE) -- Calhoun Vision, Inc., the world leader in adjustable intraocular lens technology for the treatment of cataracts, today announced the appointments of Ron Kurtz, M.D. and Eric Weinberg to the positions of Chief Operations Officer and Chief Commercial Officer, respectively.

"Ron and Eric are highly respected within the ophthalmic community and represent significant additions to our executive team. They have a wealth of experience, known for successfully creating new categories by delivering breakthrough technologies," said Chief Executive Officer, Rick Heinick. "Having recently completed enrollment of our Phase III study and raised $69 million, Ron and Eric's contributions will be instrumental as we continue to execute on our strategy through the advancement of our regulatory, development, and commercial initiatives."

Dr. Kurtz most recently co-founded LenSx Lasers, a developer of femtosecond lasers for cataract removal, and served as the Company's President and Chief Executive Officer until its August 2010 acquisition by Alcon Inc., when he became General Manager of Alcon LenSx. Previously, he co-founded IntraLase Corporation and served in a variety of senior leadership roles including President and Chief Executive Officer.

Eric Weinberg was also a co-founder of LenSx Lasers, and served as its Chief Commercial Officer until the acquisition of LenSx by Alcon. Previously, Eric was SVP of Global Marketing at IntraLase Corporation and President at Steinway Instrument Co., Inc., where he was involved in the development and commercialization of multiple refractive surgery technologies.

"The Calhoun technology represents an opportunity to establish the next platform for innovation in cataract surgery," said Weinberg. "I look forward to delivering this new era of post-operative IOL adjustability as a breakthrough that will resonate with surgeons as well as their patients."

About Calhoun Vision:

Calhoun Vision, Inc. is the world leader in adjustable intraocular lens technology. Calhoun's proprietary technology utilizes light to enable surgeons to change the power of a lens after it has been implanted. This offers the potential to provide unparalleled visual outcomes and customization to the specific visual needs of each patient.

CONTACT: INVESTOR CONTACT Alex Huang Calhoun Vision 626-219-1475 ahuang@calhounvision.com MEDIA CONTACT Kirsten Thomas The Ruth Group 646-536-7014 kthomas@theruthgroup.com

Source: Calhoun Vision