Reliant Technologies Announces Agreement with Philips to Develop Home Use Skin Rejuvenation Laser Products
Developer of Fraxel® Laser Systems signs agreement with leading Health and Well-being Company to Enter Growing Home Use Skin Care Market
AUGUST 11, 2008 - MOUNTAIN VIEW, CA - Reliant Technologies Inc., developer of the Fraxel laser systems, today announced an agreement with Philips to develop skin care technologies for use in the home. The agreement— which is at an initial R&D stage—will combine Reliant's expertise in developing innovative skin rejuvenation laser treatments with Philips' design, marketing and global distribution capabilities, to provide consumers with home use skin care solutions that deliver safe and effective results.
"We are excited to team up with Philips—a company with a globally recognized consumer brand and a commitment to offer consumers advanced, easy-to-use products," said Eric Stang, president and CEO of Reliant Technologies. "This exclusive partnership will allow us to leverage Reliant's unique fractional laser technology and enter the growing home use aesthetic market with innovative products that use the Philips and Fraxel brands."
According to the American Society of Aesthetic Plastic Surgeons, laser skin resurfacing is one of the fastest growing segments of the beauty industry having increased 230 percent from 1997 to 2007. In addition, more consumers have begun seeking home use aesthetic treatments. Providing consumers with home use products that give them the desired skin rejuvenation results is the key to success in this market.
"The partnership with Philips continues the strong Reliant tradition of research and development that results in safe and effective products that fit our patients' lifestyles, whether in a physician's office or in the home," said Len DeBenedictis, Chief Technology Officer of Reliant Technologies. "Development of a home use device will complement the current portfolio of Fraxel laser systems by allowing consumers an introduction to Fraxel treatments and by offering a convenient touch up solution between professional Fraxel treatments."
Reliant Technologies Public Relations
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About Reliant Technologies
Reliant Technologies develops clinical solutions to rejuvenate aging and environmentally damaged skin. Reliant is dedicated to providing the most ergonomic and effective products to the global aesthetic marketplace. The company pioneered the development of fractional laser resurfacing that relies on novel high-speed scanning systems and the Intelligent Optical Tracking® system to produce safe and effective results with minimal recovery time .Its Fraxel®family of products, which includes the Fraxel re:pair™, Fraxel re:store™ and the Fraxel re:fine™ laser systems, has quickly become the industry standard for fractional aesthetic skin treatment. Unlike traditional laser devices, Fraxel brand laser systems treat microscopic volumes of skin with each unique pulse, leaving the surrounding area intact for fast healing. Fraxel lasers have received multiple FDA clearances and have been found safe and effective in treating many areas of the face and body. Reliant is based in Mountain View, Calif. For more information, visit www.fraxel.com.
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