Cynosure Introduces Higher Power Smartlipo(TM) LaserBodySculpting Workstation
June 07 2007 - 9:30AM
PR Newswire (US)
New 10-Watt System Substantially Reduces Treatment Time; Ideal for
High-Volume Aesthetic Laser Practices WESTFORD, Mass., June 7
/PRNewswire-FirstCall/ -- Cynosure, Inc. (NASDAQ:CYNO), a leading
developer and manufacturer of a broad array of light-based
aesthetic treatment systems, today announced the launch of a new,
higher power Smartlipo LaserBodySculpting (SM) Workstation. The new
10-watt workstation is intended for high-volume aesthetic laser
practices, allowing a physician to complete a typical
laser-assisted liposuction procedure in about half the time as the
original 6-watt workstation. "Cynosure's new 10-watt Smartlipo
workstation allows me to treat patients quickly and efficiently,
with the same level of safety and efficacy as the 6- watt system,"
said Bruce Katz, M.D., founder of New York's Juva Skin & Laser
Center. "For example, an area of localized fat under the chin can
be treated in about eight minutes with the 10-watt Smartlipo
system, compared with about 15 minutes with the 6-watt
workstation." Introduced by Cynosure in January, the minimally
invasive Smartlipo workstation is an innovative system designed as
an alternative to traditional liposuction in patients with smaller
areas of localized fat. The system's proprietary pulsing format
delivers laser energy that liquefies localized deposits of fat that
is then removed through a cannula. In addition the laser energy
coagulates the tissue, thereby sculpting body contours and
tightening the skin. The procedure generally causes less bleeding,
swelling and bruising than traditional liposuction, resulting in
fewer complications and faster recovery. Cynosure received U.S.
Food and Drug Administration clearance to market Smartlipo in the
fourth quarter of 2006. According to cosmetic surgeon Robert
Gotkin, M.D., co-director of Cosmetique in New York, "The
introduction of its new, higher power Smartlipo reflects Cynosure's
commitment to advance its customers' practices with innovative
products designed for patient efficiency." "We believe the
introduction of the 10-watt platform will accelerate the adoption
of Smartlipo in the marketplace," said Cynosure President and Chief
Executive Officer Michael Davin. "We have been very pleased with
the response to Smartlipo. Due to the short and minimally invasive
nature of the Smartlipo treatment, patients who may have never
considered traditional liposuction are having Smartlipo procedures
performed." "We believe that expanding our family of products with
a more powerful version of the Smartlipo workstation will enhance
our competitive position," Davin said. "The faster treatment times
afforded by this 10-watt platform will be attractive to medical
professionals, particularly those with high- volume practices." The
10-watt Smartlipo workstation is available as a standalone unit or
as an upgrade to the 6-watt system. Cynosure previously announced
that it has added a 10-person specialty surgical sales force to
market its Smartlipo family of workstations in North America. About
Cynosure, Inc. Cynosure, Inc. develops and markets aesthetic
treatment systems that are used by physicians and other
practitioners to perform non-invasive and minimally invasive
procedures to remove hair, treat vascular lesions, rejuvenate skin
through the treatment of shallow vascular and pigmented lesions,
laser lipolysis and temporarily reduce the appearance of cellulite.
Cynosure's products include a broad range of laser and other
light-based energy sources, including Alexandrite, pulsed 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.cynosure.com/. Safe
Harbor Any statements in this press release about future
expectations, plans and prospects for Cynosure, Inc., including
statements about expectations related to the Company's Smartlipo
LaserBodySculpting (SM) Workstation constitute forward-looking
statements within the meaning of The Private Securities Litigation
Reform Act of 1995. These statements contain the words "believes,"
"anticipates," "plans," "expects," "will" and similar expressions.
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, the inability to accurately
predict the success of the Smartlipo workstation, changes in
consumer preferences, competition in the aesthetic laser industry
as well economic, market, technological and other factors discussed
in Cynosure's most recent Annual Report on Form 10-K, which is
filed with the Securities and Exchange Commission. 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. DATASOURCE: Cynosure, Inc. CONTACT: Scott
Solomon, Vice President of Sharon Merrill Associates, Inc.,
+1-617-542-5300, Web site: http://www.cynosure.com/
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