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BIOLASE Inc. (BIOL) Files False Advertising Lawsuit Against Competitors


2/24/2014 8:57:01 AM

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IRVINE, CA--(Marketwired - February 21, 2014) -

BIOLASE, Inc. (NASDAQ: BIOL), the world's leading manufacturer and distributor of dental lasers, including the Company's proprietary WaterLase®, and a pioneer in laser surgery in other medical specialties, as well as a distributor of digital radiography and GalaxyBioMill™ CAD/CAM systems for dentistry, today announced that it filed a lawsuit in the United States District Court for the Central District of California against Fotona d.d. and Technology4Medicine L.L.C., two of its competitors (together "the Defendants"). The lawsuit alleges six causes of action, and claims that the Defendants have made false and misleading statements regarding BIOLASE's products, technology, and management. The lawsuit, filed on February 20, 2014, seeks both cash damages and injunctive relief.

Federico Pignatelli, Chairman and CEO, stated, "BIOLASE is committed to fair competition. When we believe our competitors have been competing unlawfully we will be very aggressive in protecting our legal rights."

About BIOLASE, Inc.
BIOLASE, Inc. is a biomedical company that develops, manufactures, and markets innovative lasers in dentistry and medicine and also markets and distributes high-end 2D and 3D digital imaging equipment and CAD/CAM intraoral scanners and in-office milling machines; products that are focused on technologies that advance the practice of dentistry and medicine. The Company's proprietary laser products incorporate approximately 300 patented and patent-pending technologies designed to provide biologically clinically superior performance with less pain and faster recovery times. Its innovative products provide cutting-edge technology at competitive prices to deliver the best results for dentists and patients. BIOLASE's principal products are revolutionary dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications, and a full line of dental imaging equipment. BIOLASE has sold more than 24,800 lasers. Other laser products under development address ophthalmology and other medical and consumer markets.

For updates and information on WaterLase and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Pinterest at www.pinterest.com/biolase, LinkedIn at www.linkedin.com/company/biolase, Google+ at www.google.com/+BIOLASEIrvine, Instagram at www.instagram.com/biolaseinc and YouTube at www.youtube.com/biolasevideos.

BIOLASE® and WaterLase® are registered trademarks of BIOLASE, Inc.


For further information, please contact:
Michael Porter
Porter, LeVay & Rose, Inc.
212-564-4700

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