SOURCE: BIOLASE Technology, Inc.

BIOLASE Technology, Inc.

August 27, 2010 14:14 ET

BIOLASE Conference Call: Corporate Restructuring Update

BIOLASE to Host Conference Call, August 30th at 11:00 a.m. E.D.T.

IRVINE, CA--(Marketwire - August 27, 2010) -  BIOLASE Technology, Inc. (NASDAQ: BLTI), the world's leading dental laser company, announced today that the Company will host a conference call on Monday, August 30, at 11:00 a.m. Eastern Time to discuss the recent announcements of changes at the Board of Directors and executive management levels, and to discuss the going forward strategy of the company and answer questions. 

Chairman and Interim CEO Federico Pignatelli said, "The changes to the Board and to senior management are all part of a deep restructuring of the Company made necessary by its substantial underperformance over the past few years. The result of these moves will be a new BIOLASE that has eliminated all unnecessary costs, achieved a lower breakeven point, adopted a new and stronger sales and marketing strategy, and reinvigorated the entire organization around a return to growth and profitability."

Phone Participation
To listen to the conference call live via telephone, please dial 1-877-941-2322 from the U.S. or, for international callers, please dial +1-480-629-9715, approximately 10 minutes before the start time. 

Webcast Participation
To listen to the conference call live via the Internet, visit the Investors section of the BIOLASE website at www.biolase.com. Please go to the website 15 minutes prior to the call to register, download and install the necessary audio software.

Replay
An audio archive of the webcast will be available for one year on the Investors section of the BIOLASE website.

About BIOLASE Technology, Inc.
BIOLASE Technology, Inc., the world's leading dental laser company, is a medical technology company that develops, manufactures and markets lasers and related products focused on technologies that advance the practice of dentistry and medicine. The Company's products incorporate patented and patent pending technologies designed to provide clinically superior performance with less pain and faster recovery times. BIOLASE's principal products are dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. Other products under development address ophthalmology and other medical and consumer markets.

For updates and information on laser and Waterlase dentistry, find BIOLASE at http://www.biolase.com, Twitter at http://twitter.com/GoWaterlase, and YouTube at http://www.youtube.com/user/Rossca08.

Contact Information

  • For further information, please contact:
    Jill Bertotti
    Allen & Caron
    +1-949-474-4300