Healthcare Industry News: BIOLASE
News Release - May 17, 2006
BIOLASE Appoints Keith G. Bateman as Executive Vice President, Global Sales and MarketingIRVINE, CA--(Healthcare Sales & Marketing Network)--May 17, 2006 -- BIOLASE Technology, Inc. (NasdaqNM: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, announced today the appointment of Keith G. Bateman as Executive Vice President, Global Sales and Marketing. Mr. Bateman was previously serving as the Company's Executive Vice President, Marketing.
"I greatly appreciate Keith's valuable contributions in our marketing efforts over the past year. Keith was responsible for sales from 1999 to 2004, during which time the Company successfully grew revenues at a compound annual growth rate of greater than 50%. I am convinced that his appointment to EVP of Global Sales and Marketing is the correct strategy to return BIOLASE to significant revenue growth," said Jeffrey W. Jones, President and CEO.
Mr. Bateman is a proven executive with extensive experience in marketing to the dental laser market. Since joining the Company in January 1999, Mr. Bateman's sales and marketing efforts have been critical to BIOLASE's achievement of building the most recognized brand for lasers in the dental market. Prior to joining BIOLASE, Mr. Bateman held key executive positions with HGM Medical Lasers' international and domestic divisions. Also, Mr. Bateman was a driving force behind the formation of the World Clinical Laser Institute, the largest dental laser teaching organization in the world. He is a graduate of the University of Utah.
As part of his new position, Keith will assume responsibility for the Company's global sales team, a responsibility previously held by James M. Haefner. Mr. Haefner has resigned from the Company to pursue other opportunities.
About BIOLASE Technology, Inc.
BIOLASE Technology, Inc. (http://www.BIOLASE.com) is 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. The Company's products incorporate patented and patent pending technologies focused on reducing pain and improving clinical results. Its primary product, the WaterlaseŽ system, is one of the best selling dental laser systems. The Waterlase system uses a patented combination of water and laser to precisely cut hard tissue, such as bone and teeth, and soft tissue, such as gums, with minimal or no damage to surrounding tissue. The Company also offers the LaserSmile(TM) system, which uses a laser to perform soft tissue and cosmetic procedures, including tooth whitening. The Company is also developing a laser for use in the field of ophthalmology.
This press release may contain forward-looking statements within the meaning of safe harbor provided by the Securities Reform Act of 1995 that are based on the current expectations and estimates by our management. These forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," and variations of these words or similar expressions. Forward-looking statements are based on management's current, preliminary expectations and are subject to risks, uncertainties and other factors which may cause the Company's actual results to differ materially from the statements contained herein, and are described in the Company's reports it files with the Securities and Exchange Commission, including its annual and quarterly reports. No undue reliance should be placed on forward-looking statements. Such information is subject to change, and we undertake no obligation to update such statements.
Source: BIOLASE Technology
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