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Cutera Introduces Novel Laser Wavelength for Cosmetic Dermatology
Cutera Enters Emerging Segment of Anti-Aging Market for Pronounced Clinical
Outcomes With Moderate Downtime
BRISBANE, Calif., Jan. 31 /PRNewswire-FirstCall/ -- Cutera, Inc.(R)
(Nasdaq: CUTR), a leading provider of laser and light-based aesthetic
systems for practitioners worldwide, today announced it will preview a new
laser technology at the 65th annual meeting of the American Academy of
Dermatology (AAD), February 2-6, 2007. The proprietary YSGG technology
generates a 2790 nm wavelength, which has specialized optical
characteristics for minimally-invasive aesthetic procedures. This
represents the first application of this wavelength in cosmetic
dermatology.
"A growing number of patients and practitioners are interested in more
pronounced improvement with moderate downtime in the treatment of fine
lines, wrinkles and skin texture," said Kevin Connors, Cutera's CEO. "Our
YSGG technology will allow us to participate in this emerging segment
currently estimated at approximately $150 million and projected to be
growing in excess of 30% per year."
The YSGG technology removes a portion of the epidermis with a
controlled amount of thermal effect. Mr. Connors continued, "We expect
collagen remodeling without the wound-healing trauma and significant
discomfort associated with traditional ablative procedures. The thermal
effect also creates a natural protective dressing on the skin to ensure
moderate downtime."
The new YSGG technology complements Cutera's non-ablative, no-downtime
aesthetic procedures. It will be available on Cutera's multi-application
Xeo platform, as a standalone unit, and as an upgrade to all existing
customers. Cutera filed a regulatory submission to the FDA in December 2006
and will begin formal marketing efforts once clearance has been granted by
the Agency.
About Cutera, Inc.
Brisbane, Calif.-based Cutera is a leading provider of laser and other
light-based aesthetic systems to the professional aesthetic market. Since
1998, Cutera has been developing innovative, easy-to-use products that
enable dermatologists, plastic surgeons, gynecologists, primary care
physicians and other qualified practitioners to offer safe and effective
aesthetic treatments to their patients. For more information, call
1-888-4CUTERA or visit www.cutera.com.
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Specifically, statements concerning the anticipated success of obtaining
regulatory clearances, compiling effective clinical studies and making,
marketing and selling new products are forward-looking statements within
the meaning of the Safe Harbor. Forward-Looking statements are based on
management's current, preliminary expectations and are subject to risks and
uncertainties, which may cause Cutera's actual results to differ materially
from the statements contained herein. Further information on potential risk
factors that could affect Cutera's business and its financial results are
detailed in its most recent 10-K and 10-Q as filed with the Securities and
Exchange Commission. Undue reliance should not be placed on forward-looking
statements which speak only as of the date they are made. Cutera undertakes
no obligation to update publicly any forward-looking statements to reflect
new information, events or circumstances after the date they were made, or
to reflect the occurrence of unanticipated events.
SOURCE Cutera, Inc.
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