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SAN CLEMENTE, CA -- (MARKET WIRE) -- 03/09/06 -- BIOLASE Technology, Inc. (NASDAQ: BLTI), a
medical technology company that develops, manufactures and markets lasers
and related products focused on technologies for improved applications and
procedures in dentistry and medicine, announced today that it has recently
surpassed 1,000 unit sales of the Waterlase MD(TM) laser system. BIOLASE
believes the Waterlase MD is the most advanced all-tissue laser system
available in the dental market. Notable features include the HydroBeam(TM)
LED illuminated contra-angle handpiece and SensaTouch(TM) laser control
touch screen coupled with innovative, ergonomic styling and design based on
BIOLASE's proprietary HydroPhotonic(TM) technology platform. The Company
has sold its Waterlase MD laser systems to dentists in over 45 countries
since its launch in October 2004 at the American Dental Association (ADA)
Annual Meeting.
"To have reached this milestone in a short period of time is a significant
accomplishment for the Company," commented Robert E. Grant, President and
CEO. "We are pleased that the Waterlase MD has become the Company's
best-selling dental laser system. As the dental laser market continues to
expand, we are confident that our leadership position will be strengthened
as more dentists adopt laser technology for their practices. To note, we
are pleased to report that the Company has sold more than 6,000 total laser
systems worldwide since its inception."
About BIOLASE Technology, Inc.
BIOLASE Technology, Inc. (http://www.biolase.com) is a medical technology
company that develops, manufactures and markets lasers and related products
focused on technologies for improved applications and procedures in
dentistry and medicine. The Company's products incorporate patented and
patent pending technologies focused on reducing pain and improving clinical
results. Its primary product, the Waterlase® system, is one of the best
selling dental laser systems. The Waterlase system uses a patented
combination of water and laser to precisely cut hard tissue, such as bone
and teeth, and soft tissue, such as gums, with minimal or no damage to
surrounding tissue. The Company also offers the LaserSmile(TM) system,
which uses a laser to perform soft tissue and cosmetic procedures,
including tooth whitening.
This press release may contain forward-looking statements within the
meaning of safe harbor provided by the Securities Reform Act of 1995 that
are based on the current expectations and estimates by our management.
These forward-looking statements can be identified through the use of words
such as "anticipates," "expects," "intends," "plans," "believes," "seeks,"
"estimates," "may," "will," and variations of these words or similar
expressions. Forward-looking statements are based on management's current
expectations and are subject to risks, uncertainties and other factors
which may cause the Company's actual results to differ materially from the
statements contained herein, including, without limitation, the impact of
changes in demand for our products, our effectiveness in managing
manufacturing costs and expansion of our operations, the impact of
technological advances and competition, adoption of our products by dental
practitioners, our ability to expand our direct sales force, the timely and
effective implementation of strategic alternatives and overall economic and
market conditions. Additional information concerning these and other risks
are described in the Company's periodic reports it files with the
Securities and Exchange Commission, including its annual report on Form
10-K for the year ended December 31, 2004 and its quarterly report on Form
10-Q for the quarter ended September 30, 2005. No undue reliance should be
placed on forward-looking statements. Such information is subject to
change, and we undertake no obligation to update such statements.
For further information, please contact:
Robert E. Grant
President & CEO
Richard L. Harrison
Executive Vice President and CFO
Scott Jorgensen
Vice President - Business Development