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Biotech / Medical : LASRF\nasdaq

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To: TEColeman who wrote (10)9/9/1997 8:27:00 PM
From: TEColeman   of 23
 
Laser Industries Announces FDA Clearance Granted for Hair Removal Ruby
Laser with Fiber Delivery System

TEL AVIV, Israel, Sept. 9 /PRNewswire/ -- Laser Industries, Ltd. (Nasdaq-NNM:LASRF) announced today that the
U.S. Food and Drug Administration (FDA) has granted marketing clearance for a new version of its EpiTouch long-
pulse ruby laser hair removal system.

The new system differs from the Company's existing EpiTouch system in that it possesses a fiberoptic delivery system
rather than an articulated arm. While the articulated arm version of the EpiTouch possesses a dual mode capability for
both hair and tattoo removal, the new fiber delivery system addresses that portion of the market dedicated solely to
hair removal.

The Company expects to begin shipment of the new product to U.S. customers later this month. The new version will
enhance the line of hair removal products offered in the U.S. by Sharplan 2000, Inc., a 50 percent owned joint venture.

The EpiTouch ruby laser systems augment Laser Industries Sharplan SilkLaser aesthetic product line which includes its
CO2 skin resurfacing systems for lines, wrinkles, scars and hair transplantation and its new Erbium laser system.

Laser Industries Ltd. is a worldwide leader in the design, manufacturing, marketing and servicing of a broad range of
aesthetic and surgical laser systems for use in a variety of medical applications. Laser Industries markets more than 20
laser systems under the Sharplan trade name. More information on Laser Industries and Sharplan can be found on the
Company's website, sharplan.com.

Statements in this release that relate to product performance, customer acceptance, market conditions and new
product plans may be considered forward-looking. Actual results might differ materially from these statements due to
risks and uncertainties including the impact of competitive products, pricing, manufacturing capacity and the
acceptance of new products and market conditions. Laser Industries and its subsidiaries disclaim any intent or
obligation to update these forward-looking statements.

Sharplan, SilkLaser and EpiTouch are registered trademarks of Laser Industries Ltd. or its wholly owned subsidiary,
Sharplan Lasers Inc.
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