LASERSIGHT INC /DE
8-K, 1997-07-31
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (date of earliest event reported): July 31, 1997  (July 31, 1997)


                             LASERSIGHT INCORPORATED
                             -----------------------
              Exact name of registrant as specified in its charter


                                    Delaware
                  State or other jurisdiction of incorporation



       0-19671                                                 65-0273162
       -------                                                 ----------
Commission File Number                                       I.R.S. Employer
                                                            Identification No.


                 12161 Lackland Road, St. Louis, Missouri 63146
                 ----------------------------------------------
                     Address of Principal Executive Offices


Registrant's telephone number, including area code:  (314) 469-3220




<PAGE>



Item 5.   Other Events.

The press  release  issued by  LaserSight  Incorporated  dated July 31,  1997 is
incorporated by reference herein.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

      (c) Exhibits

      Exhibit 99. Press Release dated July 31, 1997



                                   SIGNATURES
                                   ----------


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                            LaserSight Incorporated



Date:   July 31, 1997                       By:   /s/ Michael R. Farris
                                                ------------------------
                                                 Michael R. Farris
                                                 Chief Executive Officer









                                   EXHIBIT 99

                               NASDAQ SYMBOL: LASE


LASERSIGHT UPDATES IBM PATENT PURCHASE STATUS

St.  Louis,  MO -- July 31, 1997 -- (NASDAQ:  LASE) As  previously  announced on
February  20,  1997,  LaserSight  Incorporated  entered  into a patent  purchase
agreement with  International  Business  Machines  Corporation  (NYSE:  IBM) for
fundamental claim stem patents related to ultraviolet light ophthalmic  products
and procedures for laser vision correction.

LaserSight  today said it is working with  several  potential  funding  sources,
including other industry  participants,  and  anticipates  the transaction  will
close  in  August,  subject  to  the  successful  completion  of  the  financing
arrangements.

LaserSight Incorporated is a holding company with operating subsidiaries engaged
in the business of laser  manufacturing  and  international  sales,  third-party
managed vision care administration,  ophthalmic practice management,  and health
and vision care consulting services.

This press release contains  forward-looking  statements regarding future events
and future  performance of the Company that involve risks and uncertainties that
could materially affect actual results. Investors should refer to documents that
the Company files from time to time with the Securities and Exchange  Commission
for a  description  of certain  factors that could cause actual  results to vary
from current  expectations and the forward-looking  statements contained in this
press release.  Such filings  include,  without  limitation,  the Company's Form
10-K, Form 10-Q and Form 8-K reports.

For additional information please contact:   Marti Benfield,
                                             Manager, Investor Relations
                                             LaserSight Incorporated
                                             (314)  469-3220




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