Reliant Technologies, and Palomar Medical Technologies, Announce Launch of a Fractional Technology Licensi... (nologies Palomar is a leading researc...)

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

Date:11/11/2008

nologies

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.

Reliant Technologies Contacts:

Michael Hromadik Katelyn O'Reilly

Reliant Technologies, Inc. Cohn & Wolfe

(650) 605-2294 (310) 526-5511

mhromadik@fraxel.com katelyn.oreilly@cohnwolfe.com

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Reliant Technologies, and Palomar Medical Technologies, Announce Launch of a Fractional Technology Licensi...(nologies Palomar is a leading researc...),Health