Palomar to Unveil New Laser-Assisted Liposuction Platform at the American Society for Laser Medicine & Surgery
29 3월 2008 - 4:27AM
PR Newswire (US)
BURLINGTON, Mass., March 28 /PRNewswire-FirstCall/ -- Palomar
Medical Technologies Inc. (NASDAQ:PMTI), a leading researcher and
developer of light- based systems for cosmetic treatments,
announced today that it will unveil its latest innovation in
aesthetic laser technology at the 28th annual conference of the
American Society for Laser Medicine & Surgery (ASLMS) in
Kissimmee Florida, April 2-6. Palomar will display a new platform
called the Aspire(TM) aesthetic laser platform and Stylus(TM)
Sculpter laser-assisted liposuction handpiece in booth #507 in the
ASLMS exhibit hall. The Aspire platform will allow Palomar to offer
solutions to new procedures which are in high-demand including
laser-assisted liposuction. The Aspire platform will complement the
broad range of aesthetic applications offered by Palomar's flagship
StarLux(R) 500 laser and pulsed-light platform. Traditional
liposuction is one of the most commonly performed plastic surgery
procedures, according to the 2007 survey from the American Society
of Aesthetic Plastic Surgery. Laser-assisted liposuction holds out
the promise for a better technique due to the laser's ability to
quickly and selectively melt fat and heat surrounding tissue.
Palomar's approach to laser-assisted liposuction with the Aspire
platform and Stylus Sculpter handpiece is to utilize unique tip
designs and selective and efficient wavelengths for melting fat and
providing the desired thermal effects on surrounding tissue. Chief
Executive Officer Joseph P. Caruso commented, "The unveiling of the
Aspire platform and Stylus Sculpter handpiece is the culmination of
years of research directed to absorption of light by fat. Our
system uses optimal wavelengths to melt fat and provide the
appropriate amount of heat to the surrounding tissue. As with all
Palomar products, the Aspire platform is based on sound scientific
principles developed and tested by Palomar's research and
development organization, which is preeminent in the light-based
aesthetic industry." Mr. Caruso continued, "The Aspire platform is
an ideal complement to the StarLux platform for providing
opportunities for even more treatment modalities. With the new
aesthetic procedures that will be possible with Aspire, and the
many popular treatments, including hair removal, skin rejuvenation
and skin resurfacing, available with the StarLux(R) 500,
practitioners will be able to offer a complete suite of the
most-requested aesthetic procedures." The Aspire Platform and
Stylus Sculpter liposuction laser-assisted handpiece are pending
FDA clearance and should be available for shipment in the third
quarter. In addition to the introduction of the Aspire platform,
the following presentations at ASLMS are relevant to Palomar
technology: April 4, 2008 -- Randomized Study of Intense Pulsed
Light and Pulsed Dye Laser in the Treatment of Facial
Telangiectasia. 2:24 pm - 2:29 pm (The Sun AB Room) -- Long-Term
Experience with Fixed Array 1540 Fractional Erbium Laser for Acne
Scars. 3:54 pm - 3:59 pm (The Sun AB Room) -- Ablative
Micro-Fractional Resurfacing: Time-Course Histology and Clinical
Correlations. 4:23 pm - 4:28 pm (The Sun AB Room) -- Use of a
Micro-Fractional 2940 NM Laser in the Treatment of Wrinkles and
Dyspigmentation. 5:12 pm - 5:17 pm (The Grapevine B Room) April 5,
2008 -- Self Canalization of Laser Microbeam in Tissue as
Fundamental Mechanism of Fractional Skin Resurfacing. 4:51 pm -
4:58 pm (The Sun AB Room) April 6, 2008 -- Deep Infrared Light for
Skin Tightening Combined with 1540NM Fractional Resurfacing --
Split-Face Study. 8:20 am - 8:25 am (The Sun AB Room) About Palomar
Medical Technologies Inc.: Palomar is a leading researcher and
developer of light-based systems for cosmetic treatments. 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. In December 2006, Palomar became
the first company to receive a 510(k) over-the- counter (OTC)
clearance from the United States Food and Drug Administration (FDA)
for a new, patented, home use, light-based hair removal device. OTC
clearance allows the product to be marketed and sold directly to
consumers without a prescription. There are now millions of
light-based cosmetic procedures performed around the world every
year in physician offices, clinics, spas and salons. Palomar is
testing many new and exciting applications to further advance the
hair removal market and other cosmetic applications. Palomar is
focused on developing proprietary light-based technology for
introduction to the mass markets. Palomar has granted The Procter
& Gamble Company a non-exclusive License Agreement to certain
patents, technology and FDA documents related to the home-use,
light-based hair removal field for women. In addition, Palomar has
an exclusive development and license agreement with Johnson &
Johnson Consumer Companies to develop and potentially commercialize
home-use, light-based devices for reducing or reshaping body fat
including cellulite, reducing the appearance of skin aging, and
reducing or preventing acne. 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 Investor
Relations' section of the website. This press release contains
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are based on the Company's current expectations, plans,
intentions, beliefs or predictions. These forward-looking
statements are neither promises nor guarantees, but involve risk
and uncertainties that may individually or mutually impact the
matters herein, and cause actual results, events and performance to
differ materially from such forward-looking statements. These risk
factors include, but are not limited to, results of future
operations, technological difficulties in developing or introducing
new products, the results of future research, lack of product
demand and market acceptance for current and future products, the
effect of economic conditions, challenges in managing joint
ventures and research with third parties and government contracts,
the impact of competitive products and pricing, governmental
regulations with respect to medical devices, including whether FDA
clearance will be obtained for future products and additional
applications, the results of litigation, including patent
infringement lawsuits, difficulties in collecting royalties,
potential infringement of third-party intellectual property rights,
factors affecting the Company's future income and resulting ability
to utilize its NOLs, and/or other factors, which are detailed from
time to time in the Company's SEC reports, including the report on
Form 10-K for the year ended December 31, 2007 and the Company's
quarterly reports on Form 10-Q. Readers are cautioned not to place
undue reliance on these forward- looking statements, which speak
only as of the date hereof. The Company undertakes no obligation to
release publicly the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. Contacts: Kayla Castle Investor Relations
Manager Palomar Medical Technologies, Inc. 781-993-2411 DATASOURCE:
Palomar Medical Technologies Inc. CONTACT: Kayla Castle, Investor
Relations Manager of Palomar Medical Technologies, Inc.,
+1-781-993-2411, Web site: http://www.palomarmedical.com/ Company
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