YOKNEAM, ISRAEL--(Marketwire - August 16, 2011) - Syneron Beauty, a pioneer in the design, development and distribution of sophisticated consumer home-use aesthetic devices and products, and a subsidiary of Syneron Medical Ltd. (NASDAQ: ELOS), announced today that it has received 510(k) clearance from the United States Food and Drug Administration (FDA) to market the new Tända™ Luxe Light Emitting Diode device to consumers (OTC). The new device is a next-generation evolution of the Tända Regenerate, and is cleared by the FDA for over-the-counter treatment of wrinkles, rhytides and fine lines around the periorbital (around the eye) region. Syneron Beauty expects to begin commercialization of the Tända Luxe wrinkle treatment device in the fourth quarter in the prestige retail consumer market.
The new Tända Luxe wrinkle treatment device joins the Tända family of acne and anti-aging products. It combines concentrated red light therapy, sonic vibration and gentle warming in a unique massaging treatment head to provide both the sensory and anti-aging benefits of a professional treatment. Tända Luxe’s concentrated beams of red light therapy are delivered by a super-luminous LED array that produces a fractional phototherapy effect, effectively reversing signs of aging. Red light is proven to increase the production of collagen and elastin for a firmer, plumper, more youthful-looking complexion over time. Tända Luxe is also clinically proven to increase skin hydration by 15% immediately. With just two weekly treatments, the device is very comfortable and easy to use.
The Tända Luxe device is compatible with the recently FDA cleared Tända Clear+ acne clearing device. Clear+ combines the clinically proven benefits of blue LED light therapy to treat and prevent acne with the same gentle warming and sonic vibration featured in the Tända Luxe. This next-generation acne-clearing device is effective in treating mild to moderate acne, preventing future outbreaks and improving the overall condition of skin in just two days. The Tända Luxe and Clear+ treatment heads are compatible with both devices, providing customers with upgradeable multi-use skin care device options.
Fabian Tenenbaum, Chief Executive Officer of Syneron Beauty, said, “The new Tända Luxe is an advanced home-use skin rejuvenation device that will provide consumers with a high-quality, multi-functional, and efficacious treatment option for wrinkle reduction. It builds upon the proven technology of the Tända family of LED products, with the addition of sonic vibration and gentle warming. Earlier this year we successfully launched the Tända Zap Advanced Acne Clearing Device and we look forward to replicate its strong adoption with the launch of the Tända Luxe and Clear+ this fall.”
The Tända Luxe wrinkle treatment device and Clear+ acne clearing device will be available in the United States at prestige retailers. The Tända family of products is marketed directly to consumers through prestige retailers and includes products for skincare and wellness solutions for both the home-use and professional markets. More information on Tända products is available at www.tandaskincare.com.
About Syneron Beauty
Syneron Beauty is a pioneer in the design, development and distribution of sophisticated consumer home-use aesthetic devices and products. The Company’s products are based on clinically proven technologies derived from the professional aesthetic device market, enabling patients to achieve professional-like results in an at-home setting. Syneron Beauty currently markets the Tända™ family of home-use light therapy products and the mē home-use hair removal system. The Company also has a home-use partnership with Procter & Gamble and several other new products in development. Syneron Beauty is based in Yokneam, Israel and is a wholly owned subsidiary of Syneron Medical Ltd. (NASDAQ: ELOS).
About Syneron Medical Ltd.
Syneron Medical Ltd. (NASDAQ: ELOS) is the leading global aesthetic device company with a comprehensive product portfolio and a global distribution footprint. The Company’s technology enables physicians to provide advanced solutions for a broad range of medical-aesthetic applications including body contouring, hair removal, wrinkle reduction, rejuvenation of the skin’s appearance through the treatment of superficial benign vascular and pigmented lesions, and the treatment of acne, leg veins and cellulite. The Company sells its products under two distinct brands, Syneron and Candela. Founded in 2000, the corporate, R&D, and manufacturing headquarters for Syneron Medical Ltd. are located in Israel. Syneron also has R&D and manufacturing operations in the US. The Company markets and services and supports its products in 90 countries. It has offices in North America, France, Germany, Italy, Portugal, Spain, UK, Australia, China, Japan, and Hong Kong and distributors worldwide. Additional information can be found at www.syneron.com.
Contacts:
Asaf Alperovitz
Chief Financial Officer, Syneron Medical Ltd.
+ 972 73 244 2283
Email: Email Contact
Fabian Tenenbaum
Chief Executive Officer, Syneron Beauty
+ 972 73 244 2283
Email: Email Contact
Zack Kubow
The Ruth Group
646-536-7020
Email: Email Contact