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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT -- Ignore unavailable to you. Want to Upgrade?


To: Starfish* who wrote (174)12/14/1999 8:27:00 PM
From: Peter V  Read Replies (1) | Respond to of 182
 
Dead thread or what? Not even anyone to post the big news. FWIW, I heard a BWT ad on the radio in LA today. Sounded like they gave a DJ a free whitening and he was saying how good and how easy it was, and that if it worked for him . . . .

It will be interesting to see this quarter's results. I have no position right now.

biz.yahoo.com

Tuesday December 14, 9:10 am Eastern Time
Company Press Release

BriteSmile Names New Board Members

Appointments Bring Expertise in Finance and Marketing to Company

WALNUT CREEK, Calif.--(BUSINESS WIRE)--December 14, 1999-- BriteSmile Inc. (AMEX: BWT - news) today announced the appointment of two business leaders, Bradford G. Peters and Harry Thompson, to its Board of Directors.

Bradford G. Peters is the President of Blackfin Capital, a privately held investment management company based in New York. Prior to founding Blackfin Capital, Mr. Peters was with Morgan Stanley in the Private Wealth Management Group.

''Brad brings the critical eye of a seasoned and successful investor to BriteSmile. His strategic insight will be an important addition to the Board as we continue our expansion,'' said John L. Reed, BriteSmile's Chief Executive Officer.

Harry Thompson is the President of The Strategy Group and Managing Director of Swiss Army Brands, Inc. Prior to founding The Strategy Group, Mr. Thompson served in senior management of several core units of the Interpublic Group of Companies, one of the world's leading advertising groups. Mr. Thompson also has served as either Manager or Chairman of several telecommunications companies of The Galesi Group.

''Harry's marketing input will be integral as we bring BriteSmile to key retail markets both in the United States and abroad. His creativity and strong consumer instincts will be an asset to the company moving forward,'' said Reed.

In addition to serving as a Director to BriteSmile, Mr. Peters serves on the Boards of three other private companies - Clique.com, Storcomm and CyberXpo.com. Currently, Mr. Thompson is a Director of Schwinn/GT Corp. and has been a Director of several start-up companies in the high-tech and consumer goods and services areas.

Mr. Peters holds a M.B.A. from Duke University. Mr. Thompson has a M.B.A. from Harvard Business School.

The appointments of Mr. Peters and Mr. Thompson bring the BriteSmile Board of Directors to a total of ten members.

BriteSmile, Inc. has developed and manufactures the most advanced teeth-whitening technology in the United States, as well as manages state-of-the-art BriteSmile Professional Teeth Whitening Centers. BriteSmile Centers are currently operating in Beverly Hills, Irvine, Pasadena, Walnut Creek and La Jolla, CA, Honolulu, HI and Atlanta, GA with more than 30 BriteSmile Teeth Whitening Systems located within existing dentist offices in cities including: Tucson, AZ; San Francisco, CA; Denver, CO; Louisville, KY; Canton, MA; Raleigh, NC; Huntington, NY; Toronto, ON; and Houston, TX. For more information about BriteSmile's procedure, call 1-800-BRITESMILE or visit the Company's Website at www.britesmile.com.

This release, other than historical information, consists of forward-looking statements that involve risks and uncertainties such as the development and introduction of new products and the acceptance of those new products in the marketplace. Readers are referred to the documents filed by BriteSmile with the Securities and Exchange Commission, specifically the Company's current and past reports on forms 10-QSB and 10-KSB, that identify important risk factors which could cause actual results to differ materially from those contained in the forward-looking statements. BriteSmile, its subsidiaries and affiliates disclaim any intent or obligation to update these forward-looking statements.