Palomar Medical Technologies and Reliant Technologies Announce Launch of a Fractional Technology Licensi... (atent application number11/250139 (the ...)

Palomar Medical Technologies and Reliant Technologies Announce Launch of a Fractional Technology Licensing Program

Date:11/11/2008

atent application number 11/250,139 (the "Tankovich-Baranov" patent family, named for early inventors in the fractional space Dr. Nikolai Tankovich and Dr. Eugene Baranov) ; U.S. patent application number 10/542,390 (the "1678" patent family licensed by Reliant from MGH); and U.S. patent application number 10/367,582 (the "582" patent family). Also included in the FTOPP from MGH is U.S. patent number 7,331,953 and patent application number 11/931,232 (the"953" patent family).

Recently, it was announced that Reliant has agreed to join forces with Thermage, Inc. (Nasdaq: THRM) in a merger expected to close in the Fourth quarter 2008. For more information, visit http://www.fraxel.com.

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 l
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SOURCE Palomar Medical Technologies, Inc.
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Palomar Medical Technologies and Reliant Technologies Announce Launch of a Fractional Technology Licensi...(atent application number11/250139 (the ...),Health