| Syneron Announces $6 Million Private Label Deal With American ...
YOKNEAM, ISRAEL and TORONTO -- (MARKET WIRE) -- August 14, 2006 -- Syneron Medical Ltd. (NASDAQ: ELOS), an innovator in the development, marketing and sales of elos™ combined-energy medical aesthetic devices, today announced that Syneron has received a $6 million order from American Laser Centers, the national laser hair removal, skin rejuvenation and cellulite reduction therapy company, as the first part of a multi-year agreement for deployment of Syneron eLight™ and eLaser™ devices in its clinics throughout the U.S. The new equipment was designed by Syneron adhering to the specifications of American Laser Centers and according to protocols which American Laser Centers have developed for their clients during four years of experience with Syneron's elos-based systems on more than 100,000 patients.
Syneron wins $6m order from American Laser Centers
Aesthetic surgical devices maker Syneron Medical Ltd. (Nasdaq: ELOS) is expanding its collaboration with US clinics chain American Laser Centers. Exactly 11 months after Syneron announced that it would supply the chain with its VelaSmooth and Aurora products, it has received has received an order from the company worth an initial $6 million. Syneron will supply American Laser Centers with devices from its eLine product line, considered one of the companys growth engines. Syneron currently has three products in this line: eLight is a treatment for acne, superficial benign vascular and pigmented lesions: eLaser removes hair and treats vascular veins; and eMax is a work station for the companys electro-optical synergy (ELOS) technology. Under the present contract, Syneron will deliver its eLaser and eLight products to 120 American Laser Centers clinics across the US.
Undercover crackdown on clinics
A health watchdog is to use undercover inspectors to crack down on "rogue providers" of cosmetic procedures such as laser therapies. The Healthcare Commission, which regulates the independent sector as well as the NHS, has been given covert surveillance powers by parliament. It will allow the commission to monitor the estimated 3,000 unregistered laser and light therapy providers in England. It will help ensure patients receive safe and professional care, it said. .
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