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Biotech / Medical : Coherent (COHR) : Anyone else holding?
COHR 166.69+7.9%Nov 10 3:59 PM EST

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To: JDN who wrote (222)10/6/1997 10:17:00 AM
From: J.B.C.   of 788
 
Monday October 6 12:00 AM EDT

Company Press Release

LaserLite Enters Aesthetic Laser Market

BOSTON, Oct. 6 /PRNewswire/ -- Armed with the newest diode laser technology for treating leg
veins and performing hair removal, LaserLite LLC joins several other aesthetic laser companies which
are enjoying rapid growth in the aesthetic laser market. The most successful competitors currently
include: ESC Medical Systems (Nasdaq:ESCMF); Coherent (Nasdaq:COHR); and Laser Industries
(Nasdaq:LASRF).

LaserLite's diode laser system, which is expected to launch in the U.S. market by year-end, taps into a
medical equipment market segment estimated at $800 million in 1997, according to Medical Laser
Insight report. Michael Moretti, editor of this industry newsletter, projects a 20% overall annual
growth rate for the aesthetic laser market. The hottest categories of laser sales at this time are hair
removal, leg vein treatment, and wrinkle removal. Worldwide, an estimated 10,000 lasers are used
routinely for aesthetic surgery.

SOURCE LaserLite LLC
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