Palomar Medical Technologies Fourth Quarter and Year End 2004 Financial Results Conference Call and Webcast BURLINGTON, Mass., Feb. 3 /PRNewswire-FirstCall/ -- Palomar Medical Technologies, Inc. (NASDAQ:PMTI), a leading developer of laser/light based devices for hair removal and other cosmetic treatments will hold its quarterly conference call of its 2004 fourth quarter and year end financial results. The call will take place on Thursday, February 10, 2005, at 11:30AM Eastern Time. If you would like to participate, please call (888) 339-2688 at 11:20 AM Eastern Time on that day. The telephone replay will be available one hour after the call at (888) 286-8010 passcode 20802871 and continue through Thursday, February 24, 2005. A live webcast of Palomar's conference call will be available in the Investor Relations' section of the Company's web site http://www.palomarmedical.com/. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/). The online archive will be available immediately after the call and continue through Thursday, February 24, 2005. For more information on Palomar and its products, visit Palomar's website at http://www.palomarmedical.com/. To continue receiving the most up-to-date information and latest news on Palomar as it happens, sign up to receive automatic e-mail alerts by going to the E-mail Alerts page in the Investor Relations' section of the website. About Palomar Medical Technologies Inc: Palomar is a leading researcher and developer of light-based systems for hair removal and other cosmetic treatments. New and exciting indications are being tested to further advance the hair removal market and other cosmetic applications. Palomar pioneered the optical hair removal field, when, in 1997, it introduced the first high- powered laser hair removal system. Since then, many of the major advances in light-based hair removal have been based on Palomar technology. There are now millions of light-based cosmetic procedures performed around the world every year in physician offices, clinics, spas and salons. DATASOURCE: Palomar Medical Technologies, Inc. CONTACT: Investor Relations: Palomar Medical Technologies Inc, +1-781-993-2411,

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