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Biotech / Medical : CLZR:a potential 10 bagger?

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From: vestor9/22/2000 3:50:30 PM
   of 315
 
This is CFO not the CEO....... Much Adooo about nothing....

Candela Announces Personnel Change

WAYLAND, Mass., Sep 22, 2000 (BW HealthWire) -- Candela Corporation (NASDAQ:
CLZR) announced today that Mr. F. Paul Broyer, who has served as Candela's Chief
Financial Officer since 1996, has decided to pursue an opportunity as Chief
Financial Officer of a start-up medical device company in Massachusetts. Mr.
Broyer will be leaving Candela in October following a transition period. A
formal search for a successor is currently underway.

Gerard E. Puorro, President and Chief Executive Officer of Candela, said: "Paul
Broyer has served the Company extremely well for the past four years and we are
sorry to see him go. Candela's financial reporting systems and financial
controls are in excellent condition thanks in part to Paul's oversight, and we
expect to have a smooth process in retaining a capable successor in due course."

About Candela

Candela Corporation develops, manufactures, and distributes innovative clinical
solutions that enable physicians, surgeons and personal care practitioners to
treat selected cosmetic and medical conditions using lasers, aesthetic laser
systems and other proven technologies. Founded near Boston in 1970, Candela
markets and services its products in over 50 countries from offices in the
United States, Europe and Asia. Candela established the aesthetic laser market
12 years ago. With an installed base of over 4,000 lasers worldwide, more than
500,000 aesthetic laser procedures are performed annually with Candela laser
systems. Candela is an Equal Opportunity and Affirmative Action Employer,
M/F/H/V.

For more information about Candela, visit the company's web site at
clzr.com.

CONTACT: Candela Corporation
F. Paul Broyer
508-358-7400 x435

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