WESTFORD, Mass., Feb. 9 /PRNewswire-FirstCall/ -- Cynosure, Inc. , developer of the award-winning Smartlipo(TM) LaserBodySculpting(SM) procedure for minimally invasive removal of fat, and its largest shareholder, El.En. S.p.A, today announced a settlement of their patent infringement lawsuit against CoolTouch, Inc. Cynosure and El.En. alleged that CoolTouch’s 1320 nm CoolLipo(TM) laser system infringed on El.En.'s U.S. Patent No. 6,206,873 (the 873 patent) licensed to Cynosure, which covers laser technology to remove subcutaneous fat.
“This is an important victory for Cynosure,” said President and Chief Executive Officer Michael Davin. “In addition to the financial benefits of the agreement, the successful outcome validates the strength of our patent position in the emerging laser lipolysis industry. From our introduction of Smartlipo in 2006 to the subsequent enhancements we have made to the technology, we have established laser lipolysis as the gold standard for the minimally invasive removal of fat. Today, Smartlipo is the most recognized body contouring brand among U.S. consumers. The agreement with CoolTouch further enhances that brand and the technology behind our entire Smartlipo family of products.”
The 873 patent is a fundamental component of the Smartlipo LaserBodySculpting Workstation, a groundbreaking system designed as an alternative to traditional liposuction in patients with areas of localized fat. Cynosure received U.S. Food and Drug Administration clearance to market the Smartlipo workstation in late 2006. The product, which was launched in early 2007, uses a laser to deliver energy directly to subcutaneous fat cells, causing them to rupture. The emitted fat-melting energy also coagulates tissue, thus inducing collagen retraction and tissue tightening.
About Cynosure, Inc.
Cynosure, Inc. develops and markets aesthetic treatment systems that are used by physicians and other practitioners to perform non-invasive and minimally invasive procedures to remove hair, treat vascular and pigmented lesions, rejuvenate the skin, liquefy and remove unwanted fat through laser lipolysis and temporarily reduce the appearance of cellulite. Cynosure’s products include a broad range of laser and other light-based energy sources, including Alexandrite, pulse dye, Nd:YAG and diode lasers, as well as intense pulsed light. Cynosure was founded in 1991. For corporate or product information, contact Cynosure at 800-886-2966, or visit www.cynosure.com.
CONTACT: Scott Solomon, Vice President of Sharon Merrill Associates, Inc.
for Cynosure, Inc., +1-617-542-5300, cyno@investorrelations.com
Web site: http://www.cynosure.com/
