Friday, August 22, 2008

BIOLASE Launches Software Upgrade For First Generation WaterlaseTM Dental Laser Systems

BIOLASE Technology, Inc. (NASDAQ: BLTI), the world's leading dental laser company, today announced the global launch of a new software upgrade that includes innovations designed to extend the capabilities and useful life of installed first generation Waterlase™ hard and soft tissue dental laser systems. This first-time offering for BIOLASE laser dental products gives these earlier-generation lasers variable pulse repetition rates (frequency) similar to the Company's latest generation Waterlase MD™ and Waterlase® C100 systems, for smoother tissue cutting and increased patient comfort. The Waterlase is used to perform a variety of dental procedures, including cavity preparation, caries removal, tooth etching and a wide range of soft tissue (gum) procedures.

"Offering software upgrades is another part of our overall plan to achieve the highest levels of customer satisfaction and expand our product offerings," said Chief Executive Officer Jake St. Philip. "Extending the useful life of our systems demonstrates our long-term commitment to Waterlase Dentists around the globe, confirms our technological leadership position, and strengthens our long-term opportunities to accelerate our growth." The Company recently reported 13.4 percent growth over the prior year period for the first half of 2008 and has an average 8-year growth rate of over 30 percent. The software upgrade comes one month after the introduction of the new Waterlase C100, which is due to begin shipping at the end of the current quarter.

The software upgrade includes the Waterlase LB 3.0 Operating System which provides five different repetition rates (from 10 to 30Hz) in addition to the original 20 Hz and a new CPU board. The upgrade is being launched this week with the Company's exclusive North American distribution partner Henry Schein Dental, part of Melville, NY-based Henry Schein, Inc. (NASDAQ: HSIC), and installations will start in Waterlase Dentists' offices in September. It is being launched internationally throughout the next few weeks. For software upgrade information, contact BIOLASE Customer Service domestically at 1-800-321-6717 or internationally at 1-949-361-1200.

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