WAYLAND, Mass.--(BUSINESS WIRE)--Feb. 17, 2005--Candela Corporation (NASDAQ: CLZR) announced today that the arbitrator has issued an interim decision in the dispute concerning Candela’s royalty obligations under its Amended and Restated License Agreement with The Regents of the University of California (the “Regents”). Candela licenses certain patent rights from the Regents relating to technology incorporated in Candela’s dynamic cooling device (the “DCD”).
