IRVINE, CA -- (MARKET WIRE) -- November 07, 2006 -- BIOLASE Technology, Inc. (NASDAQ: BLTI), a medical technology company that develops, manufactures and markets lasers and related products focused on technologies for improved applications and procedures in dentistry and medicine, today reported significant improvements in revenue, gross profit margin, operating expense levels and bottom line performance for the third quarter and nine months ended September 30, 2006.