Healthcare Industry News: Thermage
News Release - February 1, 2007
Thermage(R), Inc. Drives Advances in Non-Invasive Aesthetic Market Through Introduction of ThermaCool(R) NXTThermage Launches Next Generation Skin Tightening System
HAYWARD, Calif., Feb. 1 (HSMN NewsFeed) -- Thermage®, Inc. (Nasdaq: THRM ) today introduced the ThermaCool® NXT, its next generation system for non-invasive skin tightening and contouring. With improvements inside and out, the industry-leading ThermaCool system has been redesigned to save time, reduce procedure cost, simplify the treatment experience and improve clinician comfort. The ThermaCool NXT will be on display at the American Academy of Dermatology's (AAD) 65th Annual Meeting in Washington, D.C.
Advances to the technology include a streamlined operating system which speeds treatment times; a lighter more ergonomic handpiece with remote controls; and a sleek new design with a smaller footprint that takes up 50 percent less floor space than its predecessor. ThermaCool NXT allows physicians to perform more procedures in less time while providing more flexibility and greater ease of use than ever before.
"I've had the good fortune to use the ThermaCool NXT. It's ergonomically superior to the current ThermaCool system and has reduced my procedure time by approximately 20 percent," said Walter Tom, M.D. at the Aesthetic Laser and Vein Center of the North Bay in Santa Rosa, California. "This benefits my patients and my practice."
Additional system upgrades include a screen with 75 percent more area, an easy to read display and a simplified control panel for streamlined navigation. An integrated cooling module contains a coolant "reservoir," allowing treatments to continue when the canister is empty and allowing users to replace the coolant while treatment is in progress.
"The ThermaCool NXT has significantly increased the speed of my Body by Thermage(TM) and Face by Thermage(TM) procedures," said Virginia Stevens, M.D. at Hypatia Aesthetic and Laser Treatment Clinic in Woodinville, Washington. "Additionally, the new system has eliminated the need to frequently reach for the console, which makes the treatment experience much easier."
The ThermaCool NXT will be available to customers in the United States starting in February 2007 and globally in March 2007.
"We believe that the gold standard in non-invasive skin tightening has become even better with the ThermaCool NXT," said Stephen J. Fanning, Chairman President and Chief Executive Officer at Thermage. "The system allows our customers to perform treatments faster, increasing both efficiency and profitability without sacrificing efficacy or safety. At the same time, our manufacturing design and assembly of the NXT should enhance our gross margin from system sales."
Thermage is a safe, non-invasive aesthetic procedure which is administered by a qualified medical practitioner. It is clinically proven to tighten and contour skin by stimulating new collagen formation.
To view the new ThermaCool NXT system, please visit the company's booth (#1219) at AAD or log on to www.thermacoolnxt.com
About Thermage, Inc.
Founded in 1996, Thermage®, Inc. (Hayward, Calif.) is one of the premier medical device companies dedicated to the development of unique capacitive radio frequency technologies. Thermage's innovative technology provides the first non-invasive procedure to tighten and contour skin, greatly expanding the aesthetic applications physicians can offer to the booming "anti-aging" market. The company commercially launched its flagship ThermaCool® system in 2002 when it received clearance from the U.S. Food & Drug Administration. Today, the ThermaCool system is available in 76 countries; more than 300,000 patients have been treated with Thermage and approximately 2,000 dermatologists, plastic surgeons and other cosmetic physicians are using the Thermage procedure worldwide. For more information about Thermage, call 1-510-259-7117 or log on to www.Thermage.com .
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning Thermage's expectation that the ThermaCool NXT will be available to customers in the United States starting in February 2007 and globally in March 2007, as well as statements concerning improvements in Thermage's gross margins are forward-looking statements within the meaning of the Safe Harbor. Forward-looking statements are based on management's current, preliminary expectations and are subject to risks and uncertainties, which may cause Thermage's actual results to differ materially from the statements contained herein. Further information on potential risk factors that could affect Thermage's business are detailed in the Company's Form 10-Q for the period ended September 30, 2006. Undue reliance should not be placed on forward-looking statements, which speaks only as of the date they are made. Thermage undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.
NOTE: Thermage and ThermaCool are registered trademarks of Thermage, Inc. Body by Thermage and Face by Thermage are trademarks of Thermage, Inc.
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