Cynosure Receives Additional FDA Clearance for Pulse Dye Laser
March 30 2006 - 9:00AM
PR Newswire (US)
Approval Supports Treatment of a Variety of Pigmented Lesions
WESTFORD, Mass., March 30 /PRNewswire-FirstCall/ -- Cynosure, Inc.
(NASDAQ:CYNO), a leading developer and manufacturer of a broad
array of light-based aesthetic treatment systems, today announced
it has received US Food and Drug Administration clearance for its
pulse dye laser (PDL) for the treatment of pigmented lesions, which
include freckles, solar lentigines (also known as sun spots or age
spots), cafe au lait birthmarks, and other skin lesions such as
scars and warts. This new FDA clearance is in addition to the
approval that Cynosure had previously obtained for the PDL for
treatment of vascular lesions, which include port wine stains,
spider veins and the blush of rosacea. Cynosure's 585 nm wavelength
PDL is offered in the Cynergy(TM) laser workstation, which includes
the PDL along with a high-powered 1064 nm wavelength Nd:YAG laser.
"This new FDA clearance opens potential new revenue opportunities
for Cynosure," stated CEO Michael R. Davin. "Millions of people are
affected by pigmented lesions and other skin irregularities in
addition to vascular lesions. U.S. practitioners can now leverage
our Cynergy product to treat patients with these types of skin
conditions. From a sales perspective, this FDA clearance increases
treatment applications of our pulse dye lasers. At the same time,
we are continuing to pursue additional clearances, both
domestically and abroad, for our diverse line of products." About
Cynosure, Inc. Cynosure, Inc. develops and markets aesthetic
treatment systems that are used by physicians and other
practitioners to perform non-invasive procedures to remove hair,
treat vascular lesions, rejuvenate skin through the treatment of
shallow vascular and pigmented lesions and temporarily reduce the
appearance of cellulite. Cynosure's products include a broad range
of laser and other light-based energy sources, including
Alexandrite, pulse-dye, Nd:YAG and diode lasers, as well as intense
pulsed light. Cynosure was founded in 1991. For corporate or
product information, contact Cynosure at 800-886-2966, or visit
http://www.cynosurelaser.com/. Any statements in this press release
about future expectations, plans and prospects for Cynosure, Inc.,
including statements about potential revenue growth and the
company's ability to gain additional regulatory approvals, and
other statements containing the words "believes," "anticipates,"
"plans," "expects," "will," and similar expressions, constitute
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those indicated by such forward-looking statements
as a result of various important factors, including Cynosure's
history of operating losses, its reliance on sole source suppliers,
competition in the aesthetic laser industry, economic, market,
technological and other factors discussed in Cynosure's Annual
Report on Form 10-K, filed with the SEC. In addition, the
forward-looking statements included in this press release represent
Cynosure's views as of the date of this press release. Cynosure
anticipates that subsequent events and developments will cause its
views to change. However, while Cynosure may elect to update these
forward-looking statements at some point in the future, it
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing Cynosure's views as of any date subsequent to the date
of this press release. Contact: Timothy Baker 800-886-2966
DATASOURCE: Cynosure, Inc. CONTACT: Timothy Baker of Cynosure,
Inc., +1-800-886-2966, Web site: http://www.cynosurelaser.com/
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