Offc Action Outgoing

LASERSCOPE PVP

Laserscope

TRADEMARK APPLICATION NO. 78241828 - LASERSCOPE PVP - N/A

UNITED STATES DEPARTMENT OF COMMERCE
To: Laserscope (mpetronelli@laserscope.com)
Subject: TRADEMARK APPLICATION NO. 78241828 - LASERSCOPE PVP - N/A
Sent: 11/13/03 5:30:50 PM
Sent As: ECom111
Attachments: Attachment - 1
Attachment - 2
Attachment - 3
Attachment - 4
Attachment - 5
Attachment - 6
Attachment - 7

UNITED STATES PATENT AND TRADEMARK OFFICE

 

    SERIAL NO: 78/241828

 

    APPLICANT:                          Laserscope

 

 

        

 

    CORRESPONDENT ADDRESS:

    Laserscope

    3070 Orchard Drive

    San Jose, CA 95134-2011

   

   

RETURN ADDRESS: 

Commissioner for Trademarks

2900 Crystal Drive

Arlington, VA 22202-3514

ecom111@uspto.gov

 

 

 

    MARK:          LASERSCOPE PVP

 

 

 

    CORRESPONDENT’S REFERENCE/DOCKET NO:   N/A

 

    CORRESPONDENT EMAIL ADDRESS: 

 mpetronelli@laserscope.com

Please provide in all correspondence:

 

1.  Filing date, serial number, mark and

     applicant's name.

2.  Date of this Office Action.

3.  Examining Attorney's name and

     Law Office number.

4. Your telephone number and e-mail address.

 

 

 

OFFICE ACTION

 

TO AVOID ABANDONMENT, WE MUST RECEIVE A PROPER RESPONSE TO THIS OFFICE ACTION WITHIN 6 MONTHS OF OUR MAILING OR E-MAILING DATE. 

 

 

Serial Number  78/241828

 

The assigned examining attorney has reviewed the referenced application and determined the following.  The examining attorney has searched the Office records and has found no similar registered or pending mark which would bar registration under Trademark Act Section 2(d), 15 U.S.C. Section 1052(d).  TMEP section 1105.01.  However, the examining attorney has determined the following.

 

REGISTRATION REFUSED -- Mark Fails as a Trademark

 

The examining attorney refuses registration because the proposed mark does not function as a service mark.  Trademark Act Sections 1, 2, 3 and 45, 15 U.S.C. Sections 1051, 1052, 1053 and 1127.  It neither identifies and distinguishes the services of the applicant from those of others nor indicates their source.  In re Moody's Investors Service Inc., 13 USPQ2d 2043 (TTAB 1989); In re Signal Companies, Inc., 228 USPQ 956 (TTAB 1986); In re Hughes Aircraft Co., 222 USPQ 263 (TTAB 1984); TMEP sections 1301.02(a).

 

Registration of a designation for a process, method, system, or the like, is sometimes sought on the assumption that a process, or the like, is a service and the name applied to it is registrable as a service mark.  However, processes, methods and systems are only ways of doing something.  They are not, in and of themselves, activities for the benefit of others. TMEP section 1301.01. In this case, the services are listed as providing a procedure for the treatment of medical conditions.   As such, the applicant’s recitation indicates that the mark merely identifies a method.  A term, which merely designates a process or method as here, is not registrable as a service mark.  In re Universal Oil Products Co., 167 USPQ 245 (TTAB 1970), aff'd, 177 USPQ 456 (C.C.P.A. 1973) (PENEX and PACOL used only in the context of a process and not in association with provision of the services, even though applicant is in the business of rendering services generally and the services are advertised in the same specimen brochure in which the name of the process is used).

 

            The applicant should also note the following additional ground for refusal.

 

REGISTRATION REFUSED – MARK IS MERELY DESCRIPTIVE

 

The examining attorney refuses registration on the Principal Register because the proposed mark merely describes the services.  Trademark Act Section 2(e)(1), 15 U.S.C. Section 1052(e)(1); TMEP section 1209 et seq.  A mark is merely descriptive under Trademark Act Section 2(e)(1), 15 U.S.C. 1052(e)(1), if it describes an ingredient, quality, characteristic, function, feature, purpose or use of the relevant services.  In re Gyulay, 820 F.2d 1216, 3 USPQ2d 1009 (Fed. Cir. 1987);  In re Bed & Breakfast Registry, 791 F.2d 157, 229 USPQ 818 (Fed. Cir. 1986); In re MetPath Inc., 223 USPQ 88 (TTAB 1984); In re Bright‑Crest, Ltd., 204 USPQ 591 (TTAB 1979); TMEP section 1209.01(b).

 

The applicant’s mark is LASERSCOPE PVP for a procedure for the treatment of medical conditions.  Here, the term PLASERSCOPE merely describes in instrument in use in providing the services and the term PVP merely describes the purpose.  Please see the attached evidence establishing the descriptive use of the wording. Therefore, the mark merely describes a feature and characteristic of the services.

 

Although the examining attorney has refused registration, the applicant may respond to the refusal to register by submitting evidence and arguments in support of registration.  If the applicant chooses to respond to the refusal to register, the applicant must also respond to the following informalities.

 

INFORMALITIES

 

Incorrect Classification

 

The applicant has classified the services incorrectly.  The applicant must amend the application to classify the goods in International Class 44.  37 C.F.R. Sections 2.33(a)(1)(vi) and 2.85; TMEP sections 805 and 1401.

 

Recitation of Services

 

The wording in the recitation of services is unacceptable as indefinite because it does not identify a service and lack sufficient specificity.  The applicant must amend the recitation to specify the common commercial name of the services. If there is no common commercial name for the services, the applicant must describe the services and indicate their nature.  TMEP section 1301.05.  The applicant should also note that in the identification, the applicant should use the common commercial designation for the services, be as complete and specific as possible and avoid the use of indefinite words and phrases.  The applicant may not include broad wording such as "services in connection with..." or "such as" or "including" or "and like services" or "systems" or "products" or "concepts" or "not limited to...."  TMEP sections 804.08(c) and 1301.05.

 

The applicant may adopt the following recitation of services, if accurate: 

 

Class 44

Medical health care services in the form of surgery.

 

Please note that, while an application may be amended to clarify or limit the identification, additions to the identification are not permitted.  37 C.F.R. Section 2.71(b); TMEP section 804.09.  Therefore, the applicant may not amend to include any services that are not within the scope of the services recited in the present identification.

Ownership of Prior Registration

 

If the applicant is the owner of Registration No. 1340456, the applicant must submit a claim of ownership.  37 C.F.R. Section 2.36; TMEP section 812.  Please see the attached registration.

 

CONCLUSION

 

If the applicant has any questions or needs assistance in responding to this Office action, please telephone the assigned examining attorney.

 

 

 

/IngridCEulin/

Ingrid C. Eulin

Law Office 111

(703) 308-9111 ext 424

(703) 308-7191 fax

(703) 746-8111 alternate fax

 

 

How to respond to this Office Action:

 

To respond formally using the Office’s Trademark Electronic Application System (TEAS), visit http://www.gov.uspto.report/teas/index.html and follow the instructions.

 

To respond formally via E-mail, visit http://www.gov.uspto.report/web/trademarks/tmelecresp.htm and follow the instructions.

 

To respond formally via regular mail, your response should be sent to the mailing Return Address listed above and include the serial number, law office and examining attorney’s name on the upper right corner of each page of your response.

 

To check the status of your application at any time, visit the Office’s Trademark Applications and Registrations Retrieval (TARR) system at http://tarr.gov.uspto.report/

 

For general and other useful information about trademarks, you are encouraged to visit the Office’s web site at http://www.gov.uspto.report/main/trademarks.htm

 

FOR INQUIRIES OR QUESTIONS ABOUT THIS OFFICE ACTION, PLEASE CONTACT THE ASSIGNED EXAMINING ATTORNEY.

MAIL-IT REQUESTED: NOVEMBER 13, 2003                        10083K

 

        CLIENT:

       LIBRARY: NEWS

          FILE: US

 

YOUR SEARCH REQUEST AT THE TIME THIS MAIL-IT WAS REQUESTED:

 "LASER SCOPE" AND PVP OR POLY!

 

NUMBER OF STORIES FOUND WITH YOUR REQUEST THROUGH:

      LEVEL   1...       2

 

LEVEL    1 PRINTED

 

THE SELECTED  STORY NUMBERS:

2

 

DISPLAY FORMAT: KWIC

 

MULTIPLE DOCUMENTS ON A PAGE

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Copyright 2002 Medical Data International, Inc.   

Medical Industry Today

 

January 24, 2002, Thursday

 

SECTION: DEVICES 

 

LENGTH: 487 words 

 

HEADLINE: Laser to Treat BPH Proves Quick, Effective in Trial 

 

BODY:

 

   ... clinical trials. 

 

   The Niagara PV Surgical Laser System, which is available in the United States, conducts photo-selective-vaporization (PVP) of the prostate. The device uses a combination of a specific wavelength of high energy 532 nanometer laser light delivered ... 

 

   ... endoscopic visualization. The high intensity light pulses vaporize and remove obstructive prostate tissue while causing complete hemostasis. The PVP procedure is minimally invasive and done in an outpatient setting. 

 

     ... site clinical study was initiated to further prove that the operative speed, unmatched clinical results, durability, safety and patient satisfaction of the PVP procedure which were demonstrated by Dr. Reza Malek at the Mayo Clinic over the past three years could be replicated in the ... 

 

   ... symptom scores decreased by 83 percent and post-void residual volumes decreased by 97 percent, according to Laser scope. Transient and mild dysuria (painful urination) was noted in 5 percent of patients. There were no reported complications or other side ... 

 

   ... no risk of side-effects and were fast and easy for the physician to perform. These preliminary clinical results further indicate that the Niagara PVP procedure accomplishes all three." 

 

   Laserscope designs, manufactures, sells and services a line of medical laser systems and related ...



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SEND TO: EULIN, INGRID              

         TRADEMARK LAW LIBRARY                  

         2101 CRYSTAL PLAZA ARC                 

         MAILBOX 314                            

         ARLINGTON, VIRGINIA 22202-4600
MAIL-IT REQUESTED: NOVEMBER 13, 2003                        10083K

 

        CLIENT:

       LIBRARY: NEWS

          FILE: US

 

YOUR SEARCH REQUEST AT THE TIME THIS MAIL-IT WAS REQUESTED:

 "PHOTO SELECTIVE" AND LASER!

 

NUMBER OF STORIES FOUND WITH YOUR REQUEST THROUGH:

      LEVEL   1...      23

 

LEVEL    1 PRINTED

 

DISPLAY FORMAT: KWIC

 

MULTIPLE DOCUMENTS ON A PAGE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEND TO: EULIN, INGRID

         TRADEMARK LAW LIBRARY

         2101 CRYSTAL PLAZA ARC

         MAILBOX 314

         ARLINGTON VIRGINIA 22202-4600

 

 

 

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Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

November 4, 2003, Tuesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 673 words 

 

HEADLINE: Laserscope Application for New Medicare Classification for Photo-Selective Vaporization of the Prostate is Accepted;

New Technology Service APC to Become Effective April 1, 2004 

 

DATELINE: SAN JOSE, Calif., Nov. 4 

 

BODY:

 

   Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that the Centers for Medicare and Medicaid Services (CMS) has notified Laserscope that its application for assignment of Photo-Selective Vaporization of the Prostate (PVP) to treat Benign Prostatic Hyperplasia (BPH) to a new technology Ambulatory Payment Classification (APC) has been ... 

 

   ... associated reimbursement rates will be forthcoming prior to the reassignment.

    "This is extremely exciting news for us," said Eric Reuter, Laserscope's President and CEO.  "Demonstrated to be a revolutionary way to treat BPH, PVP possesses both the clinical efficacy and the safety profile that ... 

 

   ... ensure that the hospital outpatient and physician reimbursement rates for furnishing PVP reflect the appropriate costs of performing the procedure." 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent ... 

 

   ... Investor Relations Department. 

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, of Laserscope, +1-408-943-0636; or Tricia Ross, Analyst Contact, or, Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope.

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, of Laserscope, +1-408-943-0636, or Tricia Ross, Analyst Contact, or, Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (96%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope MEDICARE (93%); MEDICAID (83%);   

 

SUBJECT: 

 

   ... LSCP-application;  PRESS RELEASES (90%); MEDICAL DEVICES (90%); APPOINTMENTS (90%); HEALTH INSURANCE (90%); MEDICARE (90%); LASERS (89%); PROSTATE DISEASE (77%); MEDICAID (72%); OUTPATIENT SURGERY CENTERS (71%); 


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

October 23, 2003, Thursday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2190 words 

 

HEADLINE: Laserscope Reports 36% Jump in Third Quarter 2003 Revenues 

 

KEYWORD: bc-CA-Laserscope-Q3-Erns; 

 

BODY:

 

   Third Quarter Highlights: 

 

     *  GreenLight PV laser systems sold increase 70% over prior quarter 

 

     *  Unit sales of GreenLight PV fiber-optics grow to approximately ... 

 

   ... end 2002 

 

     *  Revises 2003 guidance and issues 2004 expectations 

 

    SAN JOSE, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its third quarter ended September 30, 2003 jumped ... 

 

   ... increased significantly on both a year- over-year and sequential basis, driven primarily by the continued adoption of our Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure, and strong domestic and international sales and marketing efforts," said Eric Reuter, Laserscope's President and CEO.  "Every day, we are educating a growing number of urologists, healthcare administrators and patients on the clinically-proven, ...

 

   ... individuals and our strong quarterly results are evidence of this progress."

    Reuter continued, "During the quarter, we sold 34 GreenLight PV(TM) laser systems and 3,414 fibers, compared with 20 systems and 3,075 fibers in the prior quarter.  

 

     ... rates that have been published by the CMS for 2004," concluded Reuter. 

 

     Guidance

     The Company revises the following guidance for 2003: 

 

     *  Laserscope expects that overall revenues will increase due to

        continued sales growth of the PVP products.  The Company anticipates

        that it will ... 

 

   ... programs for the PVP products. 

 

     *  For the year, the Company expects net income of $0.10 to $0.11 per

        diluted share.  Laserscope is narrowing its previously forecasted

        range of $0.10 to $0.15 per diluted share as a result of its

        continued, significant investment in the ... 

 

   ... 55%. 

 

     *  The Company expects to achieve 2004 net income of $0.30 per diluted

        share. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, October 23, 2003, at 8:00 am PDT / 11:00am ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN at www.fulldisclosure.com .  Investors should go to the Web site a few minutes early, as it ... 

 

   ... 2236 (303-590-3000 for international callers), passcode 556430.  A replay of the webcast will be available at Laserscope's Web site.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com . 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent ...

 

   ... Relations Department. 

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst, Tricia Ross, or General Inquiries, Linda Chien, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope. 

 

                                    Laserscope

                          GreenLight PV(TM) Fiber Sales

                                     (Units) 

 

    2003                              Q1      Q2       Q3               YTD 

 

    U.S. Hospitals & Clinics         466 ... 

 

   ... 490    1,090    1,950 

 

    International Customers            0      70      260      100      430 

 

        Total                        120     560    1,110    1,660    3,450 

 

                           LASERSCOPE FINANCIAL SUMMARY

                                   (Unaudited) 

 

    Condensed Consolidated Statements of Income 

 

                                  Three months ended    Nine months ended

    (thousands except ... 

 

   ... capital leases                         18         60

    Shareholders' equity                                 18,223     15,482 

 

    Total liabilities and shareholders' equity          $34,148    $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst, Tricia Ross, or General Inquiries, Linda Chien, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY: Laserscope 

 

SUBJECT: bc-CA-Laserscope-Q3-Erns; Earnings; Earnings Projections or Forecasts; Conference Call Announcements COMPANY EARNINGS (90%); FIBER OPTICS (89%); LASERS (89%); FINANCIAL RESULTS (78%); INTERIM FINANCIAL RESULTS (78%); MARKET SEGMENTATION (77%); MEDICAL DEVICES (70%); PHYSICIANS &  ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

July 24, 2003, Thursday SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2429 words 

 

HEADLINE: Laserscope Reports 22% Increase in Second Quarter 2003 Revenues 

 

BODY:

 

   Second Quarter Highlights:

     *  Sales of GreenLight PV laser systems triple and fiber-optics double

        over prior quarter

     *  Strong and growing backlog of laser systems demonstrate continued

        traction

     *  Cash position increases to $5.6 million from $4.7 million at 2002 year

        end 

 

    SAN JOSE, Calif., July 24 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its second quarter ended June 30, 2003 increased ... 

 

   ... 2003.

    "The second quarter marks the seventh consecutive quarter of year-over-year revenue growth," said Eric Reuter, Laserscope's President and CEO.  "We are especially pleased with the tremendous performance of our urology business where growing acceptance of our Benign Prostatic Hyperplasia (BPH) treatment ... 

 

   ... driving sales.  Urologists, hospital administrators and patients alike are recognizing the unmatched, long-term clinical results and patient benefits of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure.

    "In late April, we introduced a new brand name for our PVP ... 

 

   ... technology," continued Reuter.  "During the quarter, we shipped 20 GreenLight PV(TM) (formerly known as Niagara PV(TM)) laser systems and 3,075 fibers, up considerably from six systems and 1,400 fibers in the previous quarter. 

 

 Furthermore, we ended the second quarter with a backlog of 21 GreenLight PV laser systems.  We additionally booked eight laser system orders for a new rental program that addresses the desire by many new urologists who are trained ... 

 

   ... 4.8 million at March 31, 2003 and from $4.7 million at the end of 2002. For the next several quarters, Laserscope expects to continue to fund growth of its urology business with cash flow generated from its aesthetics business and from sales of the GreenLight PV laser systems and fiber-optic devices. 

 

    Six-Month Results

    For the six months ended June 30, 2003, the Company ... 

 

   ... successfully meeting our number one goal of growing adoption of the PVP procedure." 

 

    Patent Protects Proprietary Technology

    In April, Laserscope received a patent for the technology and applications of the Company's GreenLight PV laser.  "The patent covers our GreenLight PV laser and fiber-optic delivery device when applied in the treatment of BPH and is potentially extendible to other soft tissue applications," said ... 

 

   ... first quarter of 2003, Reuter said, "We made good progress on this issue and successfully shipped 20 GreenLight PV laser systems in the second quarter.  Our ongoing challenge is to improve our yield and bring our manufacturing output up to full capacity.  We are confident that we ... 

 

   ... adoption within the existing reimbursement environment," concluded Reuter. 

 

     2003 Guidance

     The Company updates the following guidance for 2003:

     -- Laserscope expects that overall laser sales will increase due to

        continued growth in PVP products.  The Company anticipates that it

        will sell 9,000 to 10,000 PVP fiber-optic devices during the year, an

        increase from its previous forecast of 7,500.  Additionally,

        Laserscope believes that sales of aesthetic products will grow

        moderately in all markets.  The Company expects that aggregate

        revenues for the ... 

 

   ... for the year, the Company expects net income between $0.10 and

        $0.15 per share. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, July 24, 2003, at 8:00 am PDT / 11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN's CompanyBoardroom at www.companyboardroom.com .  Investors should go to the Web site a few minutes early, as ... 

 

   ... 2236 (303-590-3000 for international callers), passcode 546780.  A replay of the webcast will be available at Laserscope's Web site.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com . 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form10-K and the most recent forms ... 

 

   ... Relations Department.

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope. 

 

                                  Laserscope

                        GreenLight PV(TM) Fiber Sales

                                   (Units) 

 

    2003                             Q1      Q2                        YTD 

 

    U.S. Hospitals & Clinics        466     589 ... 

 

   ... 490    1,090    1,950 

 

    International Customers           0      70      260      100      430 

 

        Total                       120     560    1,110    1,660    3,450 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Income 

 

                                 Three months ended       Six months ended

                                      June 30, ... 

 

   ... capital leases                    32            60

    Shareholders' equity                            17,123        15,482 

 

    Total liabilities and shareholders' equity     $30,712       $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY: Laserscope 

 

SUBJECT: bc-CA-LSCP-2Q-Results; Earnings; Earnings Projections or Forecasts; Conference Call Announcements; Media advisories and invitations LASERS (91%); COMPANY EARNINGS (90%); FINANCIAL RESULTS (90%); INTERIM FINANCIAL RESULTS (90%); FIBER OPTICS (89%); MEDICAL ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

May 7, 2003, Wednesday

 

SECTION: FINANCIAL NEWS

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 1578 words 

 

HEADLINE: Laserscope PVP Clinical Study Results Presented At 98th Annual American Urological Association Meeting 

 

DATELINE: SAN JOSE, Calif., May 7 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that the results from several clinical studies of the GreenLight PV(TM) (formerly called Niagara PV(TM)) surgical laser system used for Photo-Selective Vaporization of the Prostate (PVP(TM)) to treat Benign Prostatic Hyperplasia (BPH) were presented at the recent 98th Annual Meeting of the ... 

 

   ... similar patient demographics.

    "We are extremely pleased and excited with the clinical results presented at the AUA meeting," said Eric Reuter, Laserscope's President and CEO. "These studies further indicate that the PVP procedure is rapidly gaining credibility and momentum with a much broader group of ... 

 

   ... lead it to supplant the other minimally invasive but less efficacious procedures," concluded Reuter. 

 

    About the GreenLight PV Laser and PVP Procedure

    The GreenLight PV system uses very high average and peak powers of a particular wavelength of laser light (532 nanometer or "green" color) delivered through an innovative and proprietary single-use sterile fiber-optic ... 

 

   ... selectively and quickly vaporize and remove the obstructive prostate tissue virtually bloodlessly and immediately relieve the symptoms associated with BPH. The term "Photo-Selective-Vaporization of the Prostate" (PVP) is used to describe the unique properties that this specific wavelength of light has when treating BPH. The green light completely ... 

 

   ... treatment area and still maintain visibility and a clinical effect as the green light "selects" the oxyhemoglobin before it is absorbed.

    As the laser light passes through the sterile water irrigant and enters the prostate tissue, it is absorbed in a very short distance ( ... 

 

   ... it possible for many patients to be treated and released with complete symptom relief and no catheterization.

    Although there are several other "lasers" and "energy sources" currently used to treat BPH, they all work in different ways from each other and each has one or ... 

 

   ... proven to yield dramatic and immediate post-operative clinical results, low side effects and long-term durability. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst Contact, Scott Malchow, or General Inquiries, Linda Chien, both of FRB/Weber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%); WEILL CORNELL MEDICAL CENTER (75%); Laserscope AMERICAN UROLOGICAL ASSOCIATION (93%); NEWYORK-PRESBYTERIAN HOSPITAL (64%);  

 

SUBJECT: bc-CA-LSCP-Clinical-PVp; Surveys, polls & research studies; Trade Show PROSTATE DISEASE (91%); LASERS (90%); MEDICAL DEVICES (90%); MEDICAL RESEARCH (90%); RESEARCH (90%); CLINICAL TRIALS (90%); CARDIOVASCULAR DEVICES (90%); 


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

April 30, 2003, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS 

 

LENGTH: 615 words 

 

HEADLINE: Laserscope Receives Patent for Its GreenLight Laser 

 

DATELINE: SAN JOSE, Calif., April 30 

 

KEYWORD: bc-CA-Laserscope-patent; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that it has received a patent for the technology and applications for the Company's GreenLight PV(TM) (formerly called Niagara PV(TM)) laser.  U.S. Patent Number 6,554,824, entitled "Methods for Laser Treatment of Soft Tissue," covers the use of visible laser light for the treatment of Benign Prostatic Hyperplasia (BPH).

    "We are very pleased to have received this extensive patent protection, which provides a competitive barrier to entry," said Eric Reuter, Laserscope's President and CEO.  "The patent covers our GreenLight PV laser and fiber-optic delivery device when applied in the treatment of BPH and is potentially extendible to other soft tissue applications.  We believe that our ... 

 

   ... envelopes virtually all technology necessary to create the high power green light energy required to treat BPH using the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure."

    Reuter added, "The key to the success of our procedure lies in the application of high power 532 nanometer, green laser light to the prostatic tissue, allowing urologists to precisely and quickly vaporize tissue without harming the surrounding area.  This single technological ... 

 

   ... results have shown that the procedure provides immediate and complete symptom relief with an extremely low incidence of side effects. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, +1-310-407-6555, both of FRBˆWeber Shandwick for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope THE SEC (57%);  

 

SUBJECT: bc-CA-Laserscope-patent;  PATENTS (93%); LASERS (92%); PROSTATE DISEASE (91%); PRESS RELEASES (90%); MEDICAL DEVICES (90%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES ( ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

April 24, 2003, Thursday

 

SECTION: FINANCIAL NEWS

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2204 words 

 

HEADLINE: Laserscope Reports First Quarter 2003 Results;

Revenues Up 32% Over First Quarter 2002 Strong PVP Product Sales and Growing Backlog of Laser Systems 

 

DATELINE: SAN JOSE, Calif., April 24 

 

KEYWORD: bc-CA-Laserscope-Q1-earn; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its first quarter ended March 31, 2003, increased ... 

 

   ... quarter of 2002.

    "Demand for our products continues to increase in both the urology and aesthetic markets," said Eric Reuter, Laserscope's President and CEO.  "There is a growing number of urologists and hospital administrators that understand Laserscope's approach to treating benign prostatic hyperplasia (BPH).  This recognition is fueling the rapid adoption of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure and driving sales of our PVP laser systems and disposable fiber-optic devices.  During the quarter, we shipped six PVP laser systems and over 1,400 fibers.  More impressive is our backlog, which ended the quarter with twenty PVP laser systems.  These results support our belief that with its unparalleled clinical outcomes and lower cost of overall patient care, the PVP procedure will ... 

 

   ... driven by our alliance with McKesson Medical and the increasing demand for the wide range of aesthetic procedures that can be performed using Laserscope equipment." 

 

     ... expenses did not contribute materially to our expenses during the quarter.  Legal proceedings arise out of the Company's ordinary course of business and Laserscope expects legal costs will fluctuate from quarter to quarter based on the level of activity.

    The Company's cash position increased to $4.8 million at March 31, 2003 from $4.7 million at the end of 2002.  For the next several quarters, Laserscope expects to continue to fund growth of its urology business with cash flow generated from its aesthetics business and from sales of the PVP laser systems and fiber-optic devices. 

 

    American Urology Association Meeting Activities

    As the Company has previously announced, the early results from the multi-  ... 

 

   ... on April 30, the overall results of the Company's multi-site study will be presented in a podium session.

    Laserscope will be exhibiting at the AUA meeting and will also use the forum of the meeting to unveil a new name and marketing campaign for its PVP laser system.  "We feel that the name Niagara PV, does not fully represent the essence and capability of our laser system.  The new name for the product will add the brand recognition that we believe will ultimately promote stronger consumer  ... 

 

   ... remember and allows us the flexibility to extend this technology into other applications," said Reuter. 

 

    Update on Industry and Outlook

    In Laserscope's discussion of fourth quarter 2002 results, the Company commented that it was experiencing a shortage of some critical components that would likely impact its ability to ship PVP lasers in the first quarter of 2003.  "While we made progress on this issue during the first quarter, we are continuing to work with our existing suppliers and have qualified some new suppliers to overcome the shortages," said Reuter.  "We completed and shipped six PVP lasers during the quarter, and as mentioned earlier, we built a backlog of twenty units.  We expect a resolution to this issue soon, leading to ... 

 

   ... Services (CMS).  While these reductions are beginning to have a short-term negative impact on the rapid growth in sales of Laserscope's BPH treatment products, the Company's management believes that in the long-term, the superior clinical outcomes will prove it to be the ... 

 

   ... support of our growing base of PVP users in this endeavor." 

 

    2003 Guidance

    The Company reiterates the following guidance for 2003: 

 

    --    Laserscope expects that overall laser sales will increase due to

          continued growth in PVP products.  The Company anticipates that it

          will sell approximately 7,500 PVP fiber-optic devices during the

          year, with second quarter sales of these products higher than the

          first quarter's.  Additionally, Laserscope believes that sales of

          aesthetic products will grow moderately in all markets.  The Company

          expects that aggregate revenues for the ... 

 

   ... 0.15 per share, with the majority of earnings growth

          generated in the latter part of the year. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, April 24, 2003, at 8:00 a.m. PDT/11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Web site a few minutes early, as ... 

 

   ... A replay of the webcast will be available at CCBN's CompanyBoardroom through May 24, 2003.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                  Laserscope

                           Niagara(TM) Fiber Sales

                                     2002 

 

                                                Total         Q1         Q1

                                                 2002        2002       2003 

 

    U.S. Hospitals & Clinics                    1,070 ... 

 

   ... U.S. Mobile Service Providers               1,950         70         775 

 

    International Customers                       430          0         165 

 

    Total                                       3,450        120       1,406 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations

                                                       Three Months Ended

                                                            March 31,

    (thousands except per ... 

 

   ... capital leases                      46             60

    Shareholders' equity                              15,784         15,482 

 

    Total liabilities and shareholders' equity       $29,336        $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636; or analysts, Scott Malchow, or general inquiries, Linda Chien of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (94%); LASERSCOPE SURGICAL SYSTEMS (91%); AMERICAN UROLOGY ASSOCIATION (70%); Laserscope 

 

SUBJECT: bc-CA-Laserscope-Q1-earn; Earnings; Earnings Projections or Forecasts LASERS (93%); FIBER OPTICS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); HEALTH CARE INDUSTRY (78%); MEDICAL ...



 

 

 

 

 

Copyright 2003 Times Publishing Company  

St. Petersburg Times (Florida)

 

March 27, 2003 Thursday

 

SECTION: LARGO TIMES; Pg. 6 

 

LENGTH: 724 words 

 

HEADLINE: Laser prostate procedure offers much simpler, shorter recovery 

 

BYLINE: CANDACE RONDEAUX 

 

DATELINE: TARPON SPRINGS 

 

BODY:

 

   ... operating room, days in the hospital and maybe a week or more attached to a catheter or try a new laser treatment recently introduced at Helen Ellis Memorial Hospital, possibly cutting his recovery time in half. 

 

   "People ... 

 

   On Tuesday, Zeltner, 76, was one of the first in line for the minimally invasive treatment, which uses a laser to vaporize an enlarged prostate. And a little more than an hour after Dr. Paul Arnold performed the procedure, ... 

 

   ... shorter recovery will entice many more men in the Tampa Bay area to try the new treatment, called photo-selective-vaporization of the prostate. 

 

   "It's relatively bloodless," Arnold said. "It's quick and effective, and the main thing is that patients don't go ... 

 

   ... Clearinghouse. Frequent urination at night, problems with flow or bladder infections are common signs of an enlarged prostate. 

 

   Officials with Laserscope, the California-based maker of the technology called Niagra PV, estimate roughly 13-million men are diagnosed with the condition each ... 

 

   ... sent home with instructions to use a catheter. 

 

   But with the new technique, Arnold is able to eliminate the enlarged prostate using Laserscope's $150,000 laser system in roughly a half hour. Guided to the prostate through a fiber optic tube, a special green laser pulses light that vaporizes the prostate with unparalleled precision. 

 

   "Fifty percent of patients will be able to go home without a ... 

 

   ... Arnold said. 

 

   Arnold was the first physician in Pennsylvania to use the treatment and has instructed dozens of doctors across the nation on photo-selective-prostate vaporization, or PVP, he said.

 

   He also was one of the first to introduce the technique in Florida after moving here about two months ... 

 

   ... people know about it because it could be a breakthrough." 

 

   During the past year, 145 patients were treated with the new PVP laser system as part of a clinical study at six medical centers, including hospitals in New York, Pennsylvania, ... 

 

GRAPHIC: 

 

   ... Paul Arnold talks with Walt Zeltner, 76, seasonal resident of New Port Richey, after Zeltner underwent a laser procedure on his enlarged prostate Tuesday at Helen Ellis Memorial. 

 

SUBJECT:  PROSTATE DISEASE (93%); CARDIOVASCULAR DEVICES (89%); MEDICAL DEVICES (89%); DISEASES & DISORDERS (89%); LASERS (89%); PHYSICIANS & SURGEONS (78%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); DRUG INTERACTIONS & SIDE EFFECTS (71%);  ...


 

 

 

 

 

Copyright 2003 Times Publishing Company  

St. Petersburg Times (Florida)

 

March 26, 2003 Wednesday

 

SECTION: NORTH PINELLAS TIMES; Pg. 1 

 

LENGTH: 730 words 

 

HEADLINE: Prostate procedure brings swift recovery 

 

BYLINE: CANDACE RONDEAUX 

 

DATELINE: TARPON SPRINGS 

 

BODY:

 

   ... operating room, days in the hospital and maybe a week or more attached to a catheter or try a new laser treatment recently introduced at Helen Ellis Memorial Hospital, possibly cutting his recovery time in half. 

 

   "People ... 

 

   On Tuesday, Zeltner, 76, was one of the first in line for the minimally invasive treatment, which uses a laser to vaporize an enlarged prostate. And a little more than an hour after Dr. Paul Arnold performed the procedure, ... 

 

   ... shorter recovery will entice many more men in the Tampa Bay area to try the new treatment, called photo-selective-vaporization of the prostate. 

 

   "It's relatively bloodless," Arnold said. "It's quick and effective, and the main thing is that patients don't go ...

 

   ... Clearinghouse. Frequent urination at night, problems with flow or bladder infections are common signs of an enlarged prostate. 

 

   Officials with Laserscope, the California-based maker of the technology called Niagra PV, estimate roughly 13-million men are diagnosed with the condition each ... 

 

   ... sent home with instructions to use a catheter. 

 

   But with the new technique, Arnold is able to eliminate the enlarged prostate using Laserscope's $150,000 laser system in roughly a half hour. Guided to the prostate through a fiber optic tube, a special green laser pulses light that vaporizes the prostate with unparalleled precision. 

 

   "Fifty percent of patients will be able to go home without a ... 

 

   ... Arnold said. 

 

   Arnold was the first physician in Pennsylvania to use the treatment and has instructed dozens of doctors across the nation on photo-selective-prostate vaporization, or PVP, he said. He also was one of the first to introduce the technique in Florida after moving here about two months ... 

 

   ... people know about it because it could be a breakthrough." 

 

   During the past year, 145 patients were treated with the new PVP laser system as part of a clinical study at six medical centers, including hospitals in New York, Pennsylvania, ... 

 

GRAPHIC: 

 

   ... talks with his patient, Walt Zeltner, 76, seasonal resident of New Port Richey after Zeltner underwent a new laser procedure on his enlarged prostate Tuesday at Helen Ellis 

 

SUBJECT:  PROSTATE DISEASE (93%); CARDIOVASCULAR DEVICES (89%); MEDICAL DEVICES (89%); DISEASES & DISORDERS (89%); LASERS (89%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); PHYSICIANS & SURGEONS (72%); DRUG INTERACTIONS & SIDE EFFECTS (70%);  ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

February 13, 2003, Thursday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 2351 words 

 

HEADLINE: Laserscope Reports Fourth Quarter 2002 Results;

Revenues Increase 32% From Fourth Quarter 2001

 

KEYWORD: bc-CA-Laserscope-earning; 

 

BODY:

 

   ... Momentum for Niagara PV(TM) Systems and Fiber-Optics 

 

    SAN JOSE, Calif., Feb. 13 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its fourth quarter ended December 31, 2002, increased ... 

 

   ... expectations and was driven by growth in both our core aesthetics business and emerging urology business," said Eric Reuter, Laserscope President and CEO.  "Sales of our products for aesthetic procedures remained strong worldwide with the majority of the growth coming from our U.S. sales ... 

 

   ... revenues were bolstered again by sales growth of our Niagara PV products.  During the quarter, we sold eight Niagara PV laser systems and 1,660 Niagara PV disposable fiber-optic delivery devices. When compared to the third quarter of 2002, unit volume of fiber-optics sold increased 50%.  Over time, as the installed base of Niagara PV laser systems increases, we expect a growing stream of recurring revenues from the sales of fiber-optics." 

 

     ... a result of increased activity on existing litigation.  Legal proceedings arise out of the Company's ordinary course of business and Laserscope expects legal costs will fluctuate from quarter to quarter based on the level of activity.

    "We will continue to invest heavily in the introduction of our new Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure to the market," stated Reuter.  "As the initial stages of the launch are behind us, we have shifted our resource ... 

 

   ... 4.7 million at year end from $4.1 million at the end of the third quarter.  For the next several quarters, Laserscope expects to continue to fund growth of Niagara PV with cash flow generated from its aesthetics business and from sales of the Niagara PV system. 

 

 ... 

 

   ... Clinical results have shown that the procedure provides immediate and complete symptom relief with an extremely low incidence of side effects.

    Laserscope began selling the Niagara PV system and related disposable fiber-optic delivery devices in the first quarter of 2002.  Since that time, the Company has sold 32 laser systems and 3,450 disposable fiber-optics.  This sales growth shows continuing penetration of each of the target markets, which are U.S. hospitals and ... 

 

   ... reductions are beginning to have a short-term negative impact on the rapid growth in sales of Niagara PV products, Laserscope believes that in the long-term, the superior clinical outcomes will prove it to be the standard of care.

    "We will continue our efforts to ... 

 

   ... commitment to delivering a quality product for this procedure has stretched some of our vendors to the point where we were unable to fulfill our Niagara PV laser backlog during January 2003 due to a shortage of some critical components.  We are working with these suppliers to overcome these issues and are also in the process of developing alternative supply sources for these components.  As a result of the components shortage which has delayed shipments of Niagara PV lasers and the typical seasonal decline in elective procedures during the holiday season, we expect procedure volume and fiber-optics sales ... 

 

   ... lower than in the fourth quarter but to rebound during the second quarter." 

 

    The Company is providing the following guidance for 2003:

    -- Laserscope expects that overall laser sales will increase due to continued growth in Niagara PV products.  The Company anticipates that it will sell ... 

 

   ... optics during the year, with first quarter sales of these products at lower levels compared to the fourth quarter of 2002.  Additionally, Laserscope believes that sales of aesthetic products will grow moderately in all markets.  The Company expects that aggregate revenues for the ... 

 

   ... 0.15 per share, with the majority of earnings growth generated in the latter part of the year. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, February 13, 2003, at 8:00 AM PST/11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's web site at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the web site a few minutes ... 

 

   ... A replay of the webcast will be available at CCBN's CompanyBoardroom through March 13, 2003.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's public disclosure filings with the SEC, including the most recent  Annual Report on Form10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                    Laserscope

                             Niagara(TM) Fiber Sales

                                       2002

 

                                     Q1       Q2       Q3       Q4      YTD 

 

    U.S. Hospitals & Clinics         50      190 ... 

 

   ... 490    1,090    1,950 

 

    International Customers           0       70      260      100      430 

 

      Total                         120      560    1,110    1,660    3,450 

 

                           LASERSCOPE FINANCIAL SUMMARY

                                   (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                                      Three months ended  Twelve months ended

                                           Dec. 31, ... 

 

   ... capital leases                           60        60

    Shareholders' equity                                   15,482    13,412 

 

    Total liabilities and shareholders' equity            $29,163   $25,482 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636, or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope 

 

SUBJECT: bc-CA-Laserscope-earning; Earnings; Conference Call Announcements LASERS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); BIOTECHNOLOGY (79%); ATTORNEYS FEES (70%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

October 23, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS 

 

LENGTH: 2277 words 

 

HEADLINE: Laserscope Reports Third-Quarter Increases in Revenues, Earnings and Niagara PV(TM) BPH Sales;

Revenues Up 32% Over Third-Quarter 2001 

 

DATELINE: SAN JOSE, Calif., Oct. 23

 

KEYWORD: bc-CA-Laserscope-earns; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its third quarter ended September 30, 2002 increased  ... 

 

   ... 641,000, or $0.04 per share loss, in the same period of 2001.

    "We continue to be pleased with our progress," said Eric Reuter, Laserscope President and CEO.  "Our domestic aesthetic sales were strong and offset some seasonal softness in our international aesthetic sales, and we showed significant growth in the Niagara PV(TM) disposable fiber-optic product line."

    According to Laserscope, the U.S. aesthetics business benefited from excellent execution by the U.S. sales, marketing, clinical, and service teams and the company's strong ... Selling general and administrative expenses continued to be in line with Laserscope's expectations, and were relatively flat as a percentage of revenues.  The company added that increases in these expenses relative to 2001 were consistent with its plan to ... 

 

   ... cash at the end of the quarter, up from $3.8 million at the end of the second quarter.  For the next several quarters, Laserscope expects to continue to fund growth of Niagara PV with cash flow from its aesthetic business and from early sales of the Niagara PV system. 

 

 ... 

 

   ... share loss, during the same period of 2001. 

 

    Strong Growth in Niagara PV Signals Adoption

    Reuter noted that Laserscope began selling the Niagara PV system and related disposable fiber-optic delivery devices in the first quarter this year.  "To date, we have sold 24 laser systems -- six in the first quarter, and nine in each of second and third quarters -- and approximately 1,800 fiber-optics -- ... 

 

   ... U.S. mobile service providers and international customers."  Reuter added that international fiber sales are front-end loaded together with the laser sale and will not provide a recurring revenue stream for some months to come, unlike domestic fiber- ... 

 

   ... commitments are fulfilled.

    "The growth in fiber sales to each of these sectors is very encouraging," continued Reuter.  "It demonstrates rapid adoption of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure in the very large benign prostatic hyperplasia (BPH) market.  According to industry sources, ... 

 

   ... extremely low incidence of any side effects or complications," commented Reuter.

    "Our stated goal continues to be to have the PVP procedure, which uses Laserscope's Niagara PV system, become the standard of care for BPH worldwide. Given the revenues ranging from $600 to $1,000 per ...

 

   ... short- and long-term clinical test results from the Mayo Clinic and other institutions, reinforce our belief that this goal is achievable. We expect the Laserscope BPH treatment solution to be the basis for our future long-term revenue growth," commented Reuter. 

 

    Meeting Reimbursement Challenges

    He ... 

 

   ... PVP procedure hold off on their purchases or adoption until the reimbursement climate becomes more attractive," Reuter stated.

    Laserscope is pursuing a number of strategies to address this issue. "First, we are supporting our current physician and hospital users in petitioning CMS to  ... 

 

   ... five minutes prior to the start time. Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Website at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Website a few minutes early, as ... 

 

   ... passcode 6258860.  A replay of the Webcast will be available at CCBN's CompanyBoardroom through November 23, 2002. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent forms Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                  Laserscope

                           Niagara(TM) Fiber Sales

                                     2002 

 

                                   Q1        Q2       Q3         YTD 

 

    U.S. Hospitals & Clinics       50       190       360 ... 

 

   ... Providers  70       300       490        860 

 

    International Customers         0        70       260        330 

 

        Total                     120       560     1,110      1,790 

 

        LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited)

 

    Condensed Consolidated Statements of Operations 

 

                               Three months ended       Nine months ended

                                 September 30, ... 

 

   ... equity       $28,322        $25,482 

 

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   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow (Analyst/Investor) or James Hoyne (General Inquiries), both of FRB/Weber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (94%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earns; Earnings; Conference Call Announcements  PRESS RELEASES (91%); TRENDS (90%); FIBER OPTICS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); LASERS (78%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

July 23, 2002, Tuesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 1923 words 

 

HEADLINE: Laserscope Reports Second Quarter Increases in Revenues, Profit and Niagara PV BPH System Sales, Exceeding Expectations 

 

DATELINE: SAN JOSE, Calif., July 23 

 

KEYWORD: bc-CA-Laserscope-Q2; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its second quarter ended June 30, 2002 were $10.5  ... 

 

   ... even per share in the first quarter of 2002.

    "We are very pleased with the continued progress towards our goals," said Eric Reuter, Laserscope President and CEO.  "The second quarter results include higher sales of our Niagara PV(TM) System, and its related disposable fiber- ...

 

   ... treatment because of its unique advantages which include immediate symptom relief from a fast, bloodless, and minimally invasive procedure," commented Reuter.

    "Laserscope's stated goal is for our proprietary process, the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure, which uses Laserscope's Niagara PV System, to become the standard of care for BPH.  Early indications of market acceptance, which are following on our excellent clinical test results, reinforce our belief that this goal is achievable.  We expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth," continued Reuter.

    "The aesthetics business also continues to be strong.  As expected in the quarter, we received clearance from the Japanese Ministry of Health and Welfare (MHW) to market the Laserscope Lyra XP(TM) laser system and accessories into the aesthetic market in Japan, allowing our distributor, Japan Medical Equipment Company (JMEC), to sell to the growing ... 

 

   ... on hair removal procedures," added Reuter.

    "In addition, and also as expected, we recently received clearance from the FDA to market our Lyra laser family of products for the non-invasive treatment of wrinkles," stated Reuter.  "The clearance adds the fifth major indication for the ... 

 

   ... able to market the Lyra for the non-invasive treatment of aged and sun-damaged skin, which is one of the fastest growing aesthetic laser procedures.  The Lyra system, with certain proprietary and patented system elements, is clinically shown to reduce wrinkles and improve the tone of the skin ... 

 

   ... forecasted increase in sales and marketing expenses compared to the year-ago-quarter and the first quarter," said Dennis LaLumandiere, Laserscope VP Finance and CFO.  "The increases in sales and marketing expenses represent spending to support the Niagara PV launch, as well as to ... 

 

   ... BPH, which began shipping for revenue in January 2002.  We also expect to see moderate increases in revenues from aesthetic lasers in all geographic markets.

    Gross margin from products, as a percentage of net product revenues in 2002, is expected to be ... 

 

   ... 2001.  The increases are expected as we continue to invest in educational support as well as marketing programs for the Niagara PV and other lasers.  Selling, general and administrative expenses as a percentage of net revenues are expected to be slightly lower than the level in 2001 which was about ... 

 

   ... expenditures in 2002 are expected to be at levels similar to the 2001 level of $1.1 million. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Tuesday July 23, 2002 at 8:00 a.m. PDT/11:00 ... 

 

   ... five minutes prior to the start time.  Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Website at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Website a few minutes early, as ... 

 

   ... passcode 6105189.  A replay of the Webcast will be available at CCBN's CompanyBoardroom through August 23, 2002. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                             Three months ended          Six months ended

                                   June 30, ... 

 

   ... equity       $27,820        $25,482 

 

                     MAKE YOUR OPINION COUNT - Click Here

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   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636; or media, Pam Roberts, or investors, James Hoyne of FRB/Weber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (95%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope; Japan Medical Equipment Company 

 

SUBJECT: bc-CA-Laserscope-Q2; Earnings; Conference Call Announcements; Earnings Projections or Forecasts  PRESS RELEASES (92%); PROFITS (90%); PROSTATE DISEASE ( ... 

 

   ... RESULTS (89%); SURGERY & TRANSPLANTATION (89%); SURGICAL PROCEDURES (89%); PHARMACEUTICALS INDUSTRY (88%); HEALTH CARE INDUSTRY (78%); LASERS (78%); MEDICAL EQUIPMENT & SUPPLIES MFG (73%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire April 24, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND TECHNOLOGY EDITORS 

 

LENGTH: 1445 words 

 

HEADLINE: Laserscope Reports First Quarter Increases in Revenues and Earnings;

Results Exceed Same Quarter Last Year 

 

DATELINE: SAN JOSE, Calif., April 24 

 

KEYWORD: bc-CA-Laserscope-earns; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its first quarter ended March 31, 2002 were $9.4 ... 

 

   ... pleased to report the improved financial results for the quarter relative to the same period last year," said Eric Reuter, Laserscope President and CEO.  "Although slightly lower than the fourth quarter of 2001, they demonstrate continued acceptance of our aesthetic products, particularly in the ... 

 

   ... additional expenses with cash flows from our core aesthetic business.  We are targeting the large market opportunity for the treatment of BPH, and expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth," added Reuter.

    "Our goal," continued Reuter, "Is for our proprietary process, the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure using Laserscope's Niagara PV System, to become recognized as the standard of care for BPH at some time in the near future.  ... 

 

   ... 1.8 million seek drug or other minimally invasive treatments," commented Reuter. "This is a tremendous market opportunity for Laserscope, since we believe that over time, a large number of patients will seek treatment using the Niagara PV equipment and the ... 

 

   ... improve the products and their position in the market.  For example, we have launched our new 'i-solutions' series Aura, Lyra, and Venus lasers beginning this quarter.  The 'i solutions' series of products have some unique technological advances and include 'turn-key' internet and information- ... 

 

   ... fee-for-service' business as part of their practice.  We have recently submitted clinical data to the FDA to request clearance to market our Lyra laser family of products for the non-invasive treatment of wrinkles.  If we are granted this clearance, we will be able to market the Lyra for one of the fastest growing aesthetic laser procedures which is the non-invasive treatment of aged and sun-damaged skin.  This process has been clinically shown to increase the collagen formation over time and reduce the size and appearance of wrinkles," concluded Reuter. 

 

    Guidance for 2002

    In 2002, we believe that overall laser sales will increase due to sales of our new laser for treatment of benign prostatic hyperplasia ( or enlarged prostate), which began shipping for revenue in January 2002. We expect to continue to see moderate increases in sales of lower-priced office-based aesthetic lasers in all geographic markets.

    We expect product gross margin, as a percentage of net product revenues in 2002, to be ... 

 

   ... approximately 10%. The increases are expected as we continue to invest in educational support as well as marketing programs for the Niagara and other lasers.

    We expect capital expenditures in 2002 to be at levels similar to the 2001 level of $1.1 million. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations

                                                        Three Months Ended

                                                             March 31,

    (thousands except per ... 

 

   ... equity       $25,288        $25,482 

 

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               http://tbutton.prnewswire.com/prn/11690X45164250 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Pam Roberts (General Info/Media), or James Hoyne (Analyst/Investor), both of FRB/Weber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earns; Earnings; Earnings Projections or Forecasts  PRESS RELEASES (92%); MEDICAL DEVICES (91%); COMPANY LOSSES (90%); COMPANY EARNINGS (90%); PROSTATE DISEASE (89%); FINANCIAL RESULTS (78%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); LASERS (78%); PRODUCT MANAGEMENT (78%); EARNINGS PER SHARE (76%); 



 

 

 

 

 

Copyright 2002 Charleston Newspapers  

Charleston Gazette (West Virginia)

 

February 17, 2002, Sunday

 

SECTION: Life; Pg. P10F 

 

LENGTH: 430 words 

 

HEADLINE: HEALTH NEWS New laser technique relieves prostate condition 

 

BYLINE: Patricia Anstett Knight Ridder Newspapers 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says the urologist who developed the procedure. 

 

   Urologists have sought for ... 

 

   ... undergo annually, can cause side effects that include blood loss and impotence. 

 

   The new approach - called Niagara PVP (photo-selective vaporization) - is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ... 

 

   ... performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne, Mich., and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ... 

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethra. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said at a recent news conference. 

 

   For more information, call Laserscope at (800) 356-7600 or visit its Web site, www.laserscope.com.

 

COMPANY:  LASERSCOPE INC (75%);  

 

SUBJECT: technology medicine health research  PROSTATE DISEASE (94%); PHYSICIANS & SURGEONS (90%); MEN (90%); LASERS (89%); CARDIOVASCULAR DEVICES (77%); MEDICAL DEVICES (77%); RESEARCH (69%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

February 15, 2002, Friday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS 

 

LENGTH: 1110 words 

 

HEADLINE: Laserscope Reports Fourth Quarter Increases in Revenues and Net Income;

Fourth Quarter 2001 Results Exceed Expectations 

 

DATELINE: SAN JOSE, Calif., Feb. 15 

 

KEYWORD: bc-CA-Laserscope-earning; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its fourth quarter ended December 31, 2001 were $9.6  ... 

 

   ... income of $186,000 or $0.01 per share.

    "We are very pleased to report the improved financial results for the quarter," said Eric Reuter, Laserscope President and CEO.  "They are the outcome of increased focus on sales of our core aesthetic product line and better performance in most of our ... 

 

   ... core business.  We are targeting the large market opportunity for the treatment of benign prostatic hyperplasia ("BPH" or enlarged prostate), and expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth going forward."

    "As we have previously reported," continued Reuter, "the results from the on-going clinical studies for the Photo-Selective Vaporization of the Prostate (PVPTM) procedure using Laserscope's Niagara PV system, continue to support our experience and the experience of our clinical investigators that this procedure will become recognized as the standard of care ... 

 

   ... United States alone, and at least twice that many in the rest of the world.  This is a tremendous market opportunity for Laserscope since we believe that over time, a large number of these procedures will be done using the Niagara PV equipment and the related proprietary single-use fiber-optic devices."

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                                   Three months ended    Twelve months ended

                                      December 31, ... 

 

   ... equity       $25,482        $24,087 

 

                     MAKE YOUR OPINION COUNT - Click Here

               http://tbutton.prnewswire.com/prn/11690X07816681 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or Pam Roberts, or investors, Elizabeth Saghi, both of FRBˆWeber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (96%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earning; Earnings  PRESS RELEASES (92%); COMPANY LOSSES (91%); FINANCIAL RESULTS (90%); COMPANY EARNINGS (90%); EARNINGS ... 

 

   ... MEDICAL DEVICES (90%); COMPUTING & TECHNOLOGY (90%); PROSTATE DISEASE (89%); INTERIM FINANCIAL RESULTS (78%); INVESTIGATIONS (78%); LASERS (78%); MEDICAL RESEARCH (78%); PHARMACEUTICALS INDUSTRY (72%); MARKET SEGMENTATION (70%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

February 6, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS

 

LENGTH: 984 words 

 

HEADLINE: Laserscope Announces St. Vincent Charity Hospital is the First in Ohio To Perform a New, Minimally Invasive Prostate Procedure;

Advanced Laser Technology Provides Urologists and Patients With Breakthrough Results 

 

DATELINE: SAN JOSE, Calif., Feb. 6 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that St. Vincent Charity Hospital is the first site in the state of Ohio to perform a new, minimally invasive laser treatment for enlarged prostate, which affects over 13 million men who are newly diagnosed with BPH each year ... 

 

   ... pursued training in this procedure so that I could bring this option to my patients here in Cleveland. Niagara PV(TM) Laser Treatment is definitely a breakthrough. Now patients can have a simple, 20-minute laser procedure, which is minimally invasive, highly effective and with very few risks."

    Eric Reuter, President and CEO of Laserscope added, "The results experienced at St. Vincent Charity Hospital are consistent with intermediate results from our multi-site clinical evaluation of the Niagara PV Surgical Laser System (see Laserscope press release dated January 23, 2002, titled Laserscope Announces Intermediate Results from Multi-Site Clinical Evaluation of Niagara PV For BPH). The multi-site clinical study was initiated to further prove that the operative speed, unmatched clinical results, durability, safety, and patient satisfaction of the Laserscope Photo-Selective-Vaporization of the Prostate (PVPTM) procedure which were demonstrated by Dr. Reza Malek at the Mayo Clinic in Rochester, MN,  ... 

 

   ... causes significant bleeding and can require patients to leave the hospital with a catheter in place.

    This new procedure is conducted with the Laserscope Niagara PV and can be administered on an outpatient basis under local or light anesthesia, does not cause blood loss, is relatively painless, and has an extremely quick recovery period with excellent results. 

 

    How Laserscope Niagara Laser Treatment Helps Patients

    Laserscope Niagara PV Laser Treatment works by completely vaporizing the excess prostate tissue quickly, immediately sealing the thin (1-2mm deep) ... 

 

   ... thin zone allows for quick and painless recovery. The procedure is both extremely fast (average of 20 minutes) and effective.

    "The laser is delivered through a fiber optic probe, that is the thickness of a hair, into the cavity via an endoscope inserted through the ... 

 

   ... St. Vincent Charity Hospital Is the First in Ohio to Perform a New, Minimally Invasive Prostate Procedure .) 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                    MAKE YOUR OPINION COUNT -  Click Here

               http://tbutton.prnewswire.com/prn/11690X24699182 

 

   SOURCE Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); NIAGARA PV SURGICAL (73%);  Laserscope; St. Vincent Charity Hospital  ST VINCENT CHARITY HOSPITAL (93%);  

 

SUBJECT: bc-CA-LSCP-Ohio-Prostate; New Products and Services  LASERS (93%); PRESS RELEASES (92%); APPOINTMENTS (90%); MEDICAL DEVICES (90%); PROSTATE DISEASE (89%); MEN (89%); RESEARCH ( ...


 

 

 

 

 

Copyright 2002 Knight Ridder/Tribune News Service

 

Knight Ridder/Tribune News Service  

Detroit Free Press

 

February 2, 2002, Saturday

 

SECTION: LIFESTYLE 

 

KR-ACC-NO:  K0284 

 

LENGTH: 455 words 

 

HEADLINE: Technique relieves prostate condition 

 

BYLINE: By Patricia Anstett 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says the urologist who developed the procedure. 

 

   Urologists have sought for ... 

 

   ... annually, can cause side effects that include blood loss and impotency. 

 

   The new approach _ called Niagara PVP, for photo-selective vaporization _ is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ...

 

   ... performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne, Mich., and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ... 

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethera. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said Monday at a news conference. 

 

   For more information, call Laserscope at 800-356-7600 or visit its Web site at 

 

   http://www.laserscope.com/ 

 

   ___ 

 

   (c) 2002, Detroit Free Press. 

 

   Visit the Freep, the World Wide Web site of the Detroit Free Press, ... 

 

COMPANY:  LASERSCOPE INC (71%); 


 

 

 

 

 

Copyright 2002 Detroit Free Press

 

All Rights Reserved  

Detroit Free Press

 

January 29, 2002 Tuesday METRO FINAL EDITION

 

SECTION: BODY & MIND; Pg. 3H 

 

LENGTH: 545 words 

 

HEADLINE: TECHNIQUE RELIEVES PROSTATE CONDITION 

 

BYLINE: PATRICIA ANSTETT FREE PRESS MEDICAL WRITER 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says a Detroit-area urologist who developed the procedure. 

 

 ... 

 

   ... annually, can cause side effects that include blood loss and impotency. 

 

   The new approach -- called Niagara PVP, for photo-selective vaporization -- is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ... 

 

   ... Hai has performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ... 

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethera. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said Monday at a news conference. 

 

   For more information, call Laserscope at 800-356-7600, visit its Web site at www.laserscope.com. or call Oakwood Health Line at 800-543-9355 anytime. 

 

   Many men forgo cancer tests 

 

 ... 

 

COMPANY:  LASERSCOPE INC (69%); MICHIGAN INTEGRATED DELIVERY NETWORK INC (58%);


 

 

 

 

 

Copyright 2002 Business Wire, Inc.   

Business Wire

 

January 28, 2002, Monday

 

SECTION: HEALTHWIRE

 

DISTRIBUTION: Business Editors and Health/Medical Writers 

 

LENGTH: 794 words 

 

HEADLINE: Oakwood Annapolis Hospital is First in the World to Offer Revolutionary Laser Prostate Surgery 

 

DATELINE: WAYNE, Mich., Jan. 28, 2002 

 

    Niagara(TM) Bloodless Photo-Selective Vaporization of the Prostate Procedure Cuts Recovery Time to Days, Not Weeks; Oakwood Annapolis Physician Mahmood Hai, M.D, ... 

 

   ... Procedure 

 

   Oakwood Annapolis Hospital has announced it is the first hospital worldwide to begin using the revolutionary Niagara PVP(TM) laser photo-selective vaporization procedure (PVP) for benign prostatic hyperplasia (BPH). The 20-minute procedure, performed under local anesthetic, ... 

 

   Oakwood Annapolis Hospital's breakthrough Niagara PVP system and KTP/532nm laser were developed by Laserscope(c)(San Jose, Calif.) in consultation with Dr. Hai. 

 

   Oakwood Annapolis Hospital is the first and, currently, the only hospital in the world to perform the Niagara PVP procedure and own a KTP laser machine. Dr. Hai has performed over 50 procedures with the new laser since December 2000, and confirms its effectiveness in his training sessions. "Niagara PVP allows a much less invasive, and therefore, ... 

 

   ... replace existing BPH procedures in the next several years," Dr. Hai explained. 

 

   Because of its unprecedented high power, the KTP laser pulses, delivered through a fiber the thickness of a hair inserted in the urinary passage, completely vaporize obstructive prostate tissue. The laser seals the surrounding area creating a virtually bloodless procedure. The procedure generally takes around 20 minutes and is generally ...  

 

   ... not required to wear a catheter, and can return to their normal lives within two days. 

 

   Dr. Hai has been performing laser surgery for BPH since 1991. In 1997, Hai, realizing the increasing need for a more powerful laser, approached Laserscope to develop the next generation laser. Over the next few years, Hai and Laserscope worked together to create the 80-watt KTP/nm laser machine. Dr. Hai oversaw and conducted all clinical studies. Dr. Hai recently completed two years of clinical ... 

 

SUBJECT: 

 

   ... 91%); SURGERY & TRANSPLANTATION (90%); SURGICAL PROCEDURES (90%); MEN (85%); CARDIOVASCULAR DEVICES (75%); MEDICAL DEVICES (75%); LASERS (75%); ANTIINFECTIVES (70%); 



 

 

 

 

 

Copyright 2002 Business Wire, Inc.   

Business Wire

 

January 28, 2002, Monday

 

DISTRIBUTION: Business Editors 

 

LENGTH: 940 words 

 

HEADLINE: Newstream.com Digest: Revolutionary Laser Prostate Surgery, Nintendo Cuts Price of Game Boy Advance, 'The Lion King' to Tour America, and other free multimedia content for journalists 

 

DATELINE: Jan. 28, 2002 

 

    Oakwood Annapolis Hospital is First in the World to Offer Revolutionary Laser Prostate Surgery 

 

   Oakwood Annapolis Hospital has announced it is the first hospital worldwide to begin using the revolutionary Niagara PVP(tm) laser photo-selective vaporization procedure (PVP) for benign prostatic hyperplasia (BPH). The 20-minute procedure, performed under local anesthetic, ...


 

 

 

 

 

Copyright 2002 Medical Data International, Inc.   

Medical Industry Today

 

January 24, 2002, Thursday

 

SECTION: DEVICES 

 

LENGTH: 487 words 

 

HEADLINE: Laser to Treat BPH Proves Quick, Effective in Trial 

 

BODY:

 

   LASERSCOPE (San Jose, CA) announced Wednesday that Niagara PV Surgical Laser System relieved the symptoms of benign prostatic hyperplasia in all of the patients treated in 20 minutes in clinical trials. 

 

   The Niagara PV Surgical Laser System, which is available in the United States, conducts photo-selective-vaporization (PVP) of the prostate. The device uses a combination of a specific wavelength of high energy 532 nanometer laser light delivered in a chain of pulses called StarPulse through a single-use sterile fiber optic ... 

 

   ... Malek at the Mayo Clinic over the past three years could be replicated in the hands of other physicians," Eric Reuter, Laserscope president and CEO, said in a statement. "We are very excited but not surprised that these preliminary clinical results from the multi-site ... 

 

   ... symptom scores decreased by 83 percent and post-void residual volumes decreased by 97 percent, according to Laser scope. Transient and mild dysuria (painful urination) was noted in 5 percent of patients. There were no reported complications or other ... 

 

   ... easy for the physician to perform. These preliminary clinical results further indicate that the Niagara PVP procedure accomplishes all three." 

 

   Laserscope designs, manufactures, sells and services a line of medical laser systems and related energy delivery devices for the office, outpatient surgical center and hospital markets. The company's stock is listed ... 

 

SUBJECT:  LASERS (92%); CLINICAL TRIALS (90%); PROSTATE DISEASE (90%); RESEARCH (89%); MEDICAL DEVICES (89%); MEDICAL RESEARCH (89%);   ...


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.    

PR Newswire

 

January 23, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS 

 

LENGTH: 1387 words 

 

HEADLINE: Laserscope Announces Intermediate Results From Multi-Site Clinical Evaluation of Niagara PV(TM) for BPH;

Results Unequaled By Any Other Therapy 

 

DATELINE: SAN JOSE, Calif., Jan. 23 

 

KEYWORD: bc-CA-Laserscope-Results; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced intermediate results from its multi-site clinical evaluation of the Niagara PV(TM) Surgical Laser System used for the Photo-Selective-Vaporization of the Prostate (PVP(TM)) in the treatment of Benign Prostatic Hyperplasia (BPH), known as enlarged prostate.

    The intermediate results from the ... 

 

   ... Niagara PVP(TM) Product and Procedure

    "We developed the Niagara to meet a tremendous market need," said Eric Reuter, Laserscope President and CEO.  "Over 13 million men in the United States alone are diagnosed with BPH each year and over ... 

 

   ... skepticism as well.  This skepticism was based on the fact that numerous other approaches which have been tried for this procedure, including several other laser technologies, have caused disappointment because of the clinical compromises that were necessarily made.  We believe that the results of this trial will help dispel this skepticism, create ...

 

   ... TM) system uses a unique and proprietary combination of a specific wavelength of high energy 532 nanometer (green) laser light delivered in a chain of pulses called StarPulse(TM) through a single-use sterile fiber ... 

 

   ... sale in the US and will be available in certain select countries worldwide beginning in the Spring of 2002.  Contact Laserscope for more details regarding workshop and training dates and locations. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

     Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                    MAKE YOUR OPINION COUNT -  Click Here

               http://tbutton.prnewswire.com/prn/11690X24454311 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or media, Pam Roberts, or investors, Elizabeth Saghi, both of FRB/Weber Shandwick, +1-415-986-1591, both for Laserscope 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope  BPH MARKET (90%);  

 

SUBJECT: bc-CA-Laserscope-Results;  PRESS RELEASES (92%); MEDICAL DEVICES (91%); PROSTATE DISEASE (90%); LASERS (90%); CARDIOVASCULAR DEVICES (89%); BIOTECHNOLOGY (79%); COMPUTING & TECHNOLOGY (79%); MEDICAL RESEARCH (78%); DISEASES & DISORDERS (78%);  ...


 

 

 

 

 

Copyright 2001 Business Wire, Inc.   

Business Wire

 

May 10, 2001, Thursday

 

SECTION: HEALTHWIRE 

 

DISTRIBUTION: Business Editors/Health & Medical Writers 

 

LENGTH: 498 words 

 

HEADLINE: Laserscope Announces FDA Approval of New Surgical System for the Treatment of BPH

 

DATELINE: SAN JOSE, Calif., May 10, 2001 

 

KEYWORD: CA-LASERSCOPE;  

 

    Laserscope (Nasdaq:LSCP) today announced that it has received approval from the U.S. Food and Drug Administration to market its new high power KTP laser system specifically for the treatment of Benign Prostatic Hyperplasia (BPH). 

 

   In commenting on the news, Eric Reuter, Laserscope President and CEO said, "We are very excited about the approval and encouraged that the FDA has cleared our new system specifically for this indication in such ... 

 

   Reuter added, "As I have mentioned in previous communications, we believe that this procedure, known as photo-selective vaporization of the prostate, or PVP, will be ultimately recognized as the best treatment available for this disease. Our three-year follow-up ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

    CONTACT: Laserscope

Eric Reuter, 408/943-0636 (President & CEO)

Dennis LaLumandiere, 408/943-0636 (CFO) 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%); AMERICAN UROLOGY ASSOCIATION (73%);   FOOD & DRUG ADMINISTRATION (94%);  

 

SUBJECT: 

 

   ... FDA APPROVALS (91%); MEDICAL RESEARCH (90%); PROSTATE DISEASE (90%); MEDICAL DEVICES (86%); BIOTECHNOLOGY INDUSTRY (78%); LASERS (77%); CLINICAL TRIALS (73%); DRUG INTERACTIONS & SIDE EFFECTS (73%); GENETIC SCIENCE & BIOTECHNOLOGY (63%); 


 

 

 

 

 

Copyright 1992 Computerworld, Inc.   

Computerworld

 

November 9, 1992

 

SECTION: IN DEPTH; From Art to Part; Pg. 81 

 

LENGTH: 767 words 

 

HEADLINE: Desktop manufacturing flavors;

Finding the right method is not always easy. Here are six techniques, including pros and cons of each 

 

BYLINE: By Anil (Neil) Chaudhry 

 

BODY:

 

   ... a part layer by layer in a vat of photocurable liquid that hardens when hit by an ultraviolet laser.

 

Advantages: 

 

   Many resins available with varying properties. 

 

     New, patented laser scanning and part-building techniques minimize part shrinkage and distortion. 

 

   Parts can have both internal and external contours and shapes.

 

 ... 

 

   ... ultraviolet lamp to expose an entire layer at a time, as opposed to tracing the profile of a layer with a laser beam as done in 3D's systems.

 

Advantages: 

 

   Virtually no limits on part shape, including intricate part- ... 

 

   ... Other equipment average: under 10 sq ft.)

 

Laminated object manufacturing 

 

   Helisys, Inc., Torrance, Calif. 

 

   A laser cuts an adhesive-coated sheet of paper that is laminated layer by layer to make a 3-D part. ... 

 

   ... can absorb moisture and cause distortion and delamination. 

 

   Moisture absorption affects stability, part accuracy and shelf life.

 

Selective laser sintering 

 

   DTM Corp., Austin, Texas 

 

   A carbon dioxide laser scans a layer of fine powder. Because the powder is kept close to its melting point, it melts, fuses and solidifies wherever the laser scans. In building successive layers, the laser must penetrate to the appropriate depth to fuse the top layer and the one below.

 

Advantages: 

 

   Builds wax models in a ... 

 

GRAPHIC: CW Photo, Selective laser sintering 

 

SUBJECT:  LASERS (89%); ADHESIVES & SEALANTS (77%); 



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SEND TO: EULIN, INGRID              

         TRADEMARK LAW LIBRARY                  

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         MAILBOX 314                            

         ARLINGTON, VIRGINIA 22202-4600
MAIL-IT REQUESTED: NOVEMBER 13, 2003                        10083K

 

        CLIENT:

       LIBRARY: NEWS

          FILE: US

 

YOUR SEARCH REQUEST AT THE TIME THIS MAIL-IT WAS REQUESTED:

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NUMBER OF STORIES FOUND WITH YOUR REQUEST THROUGH:

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MULTIPLE DOCUMENTS ON A PAGE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEND TO: EULIN, INGRID

         TRADEMARK LAW LIBRARY

         2101 CRYSTAL PLAZA ARC

         MAILBOX 314

         ARLINGTON VIRGINIA 22202-4600

 

 

 

**********************************00087**********************************



Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

November 4, 2003, Tuesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 673 words 

 

HEADLINE: Laserscope Application for New Medicare Classification for Photo-Selective Vaporization of the Prostate is Accepted;

New Technology Service APC to Become Effective April 1, 2004 

 

DATELINE: SAN JOSE, Calif., Nov. 4 

 

BODY:

 

   Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that the Centers for Medicare and Medicaid Services (CMS) has notified Laserscope that its application for assignment of Photo-Selective Vaporization of the Prostate (PVP) to treat Benign Prostatic Hyperplasia (BPH) to a new technology Ambulatory Payment Classification (APC) has been ... 

 

   ... associated reimbursement rates will be forthcoming prior to the reassignment.

    "This is extremely exciting news for us," said Eric Reuter, Laserscope's President and CEO.  "Demonstrated to be a revolutionary way to treat BPH, PVP possesses both the clinical efficacy and the safety profile that ... 

 

   ... ensure that the hospital outpatient and physician reimbursement rates for furnishing PVP reflect the appropriate costs of performing the procedure." 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent ... 

 

   ... Investor Relations Department. 

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, of Laserscope, +1-408-943-0636; or Tricia Ross, Analyst Contact, or, Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope.

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, of Laserscope, +1-408-943-0636, or Tricia Ross, Analyst Contact, or, Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (96%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope MEDICARE (93%); MEDICAID (83%);  

 

SUBJECT: 

 

   ... LSCP-application;  PRESS RELEASES (90%); MEDICAL DEVICES (90%); APPOINTMENTS (90%); HEALTH INSURANCE (90%); MEDICARE (90%); LASERS (89%); PROSTATE DISEASE (77%); MEDICAID (72%); OUTPATIENT SURGERY CENTERS (71%); 


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

October 23, 2003, Thursday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2190 words 

 

HEADLINE: Laserscope Reports 36% Jump in Third Quarter 2003 Revenues 

 

KEYWORD: bc-CA-Laserscope-Q3-Erns; 

 

BODY:

 

   Third Quarter Highlights: 

 

     *  GreenLight PV laser systems sold increase 70% over prior quarter 

 

     *  Unit sales of GreenLight PV fiber-optics grow to approximately ... 

 

   ... end 2002 

 

     *  Revises 2003 guidance and issues 2004 expectations 

 

    SAN JOSE, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its third quarter ended September 30, 2003 jumped ... 

 

   ... increased significantly on both a year- over-year and sequential basis, driven primarily by the continued adoption of our Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure, and strong domestic and international sales and marketing efforts," said Eric Reuter, Laserscope's President and CEO.  "Every day, we are educating a growing number of urologists, healthcare administrators and patients on the clinically-proven, ...

 

   ... individuals and our strong quarterly results are evidence of this progress."

    Reuter continued, "During the quarter, we sold 34 GreenLight PV(TM) laser systems and 3,414 fibers, compared with 20 systems and 3,075 fibers in the prior quarter.  

 

     ... rates that have been published by the CMS for 2004," concluded Reuter. 

 

     Guidance

     The Company revises the following guidance for 2003: 

 

     *  Laserscope expects that overall revenues will increase due to

        continued sales growth of the PVP products.  The Company anticipates

        that it will ... 

 

   ... programs for the PVP products. 

 

     *  For the year, the Company expects net income of $0.10 to $0.11 per

        diluted share.  Laserscope is narrowing its previously forecasted

        range of $0.10 to $0.15 per diluted share as a result of its

        continued, significant investment in the ... 

 

   ... 55%. 

 

     *  The Company expects to achieve 2004 net income of $0.30 per diluted

        share. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, October 23, 2003, at 8:00 am PDT / 11:00am ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN at www.fulldisclosure.com .  Investors should go to the Web site a few minutes early, as it ... 

 

   ... 2236 (303-590-3000 for international callers), passcode 556430.  A replay of the webcast will be available at Laserscope's Web site.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com . 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent ...

 

   ... Relations Department. 

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst, Tricia Ross, or General Inquiries, Linda Chien, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope. 

 

                                    Laserscope

                          GreenLight PV(TM) Fiber Sales

                                     (Units) 

 

    2003                              Q1      Q2       Q3               YTD 

 

    U.S. Hospitals & Clinics         466 ... 

 

   ... 490    1,090    1,950 

 

    International Customers            0      70      260      100      430 

 

        Total                        120     560    1,110    1,660    3,450 

 

                           LASERSCOPE FINANCIAL SUMMARY

                                   (Unaudited) 

 

    Condensed Consolidated Statements of Income 

 

                                  Three months ended    Nine months ended

    (thousands except ... 

 

   ... capital leases                         18         60

    Shareholders' equity                                 18,223     15,482 

 

    Total liabilities and shareholders' equity          $34,148    $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst, Tricia Ross, or General Inquiries, Linda Chien, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY: Laserscope 

 

SUBJECT: bc-CA-Laserscope-Q3-Erns; Earnings; Earnings Projections or Forecasts; Conference Call Announcements COMPANY EARNINGS (90%); FIBER OPTICS (89%); LASERS (89%); FINANCIAL RESULTS (78%); INTERIM FINANCIAL RESULTS (78%); MARKET SEGMENTATION (77%); MEDICAL DEVICES (70%); PHYSICIANS &  ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

July 24, 2003, Thursday SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2429 words 

 

HEADLINE: Laserscope Reports 22% Increase in Second Quarter 2003 Revenues 

 

BODY:

 

   Second Quarter Highlights:

     *  Sales of GreenLight PV laser systems triple and fiber-optics double

        over prior quarter

     *  Strong and growing backlog of laser systems demonstrate continued

        traction

     *  Cash position increases to $5.6 million from $4.7 million at 2002 year

        end 

 

    SAN JOSE, Calif., July 24 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its second quarter ended June 30, 2003 increased ... 

 

   ... 2003.

    "The second quarter marks the seventh consecutive quarter of year-over-year revenue growth," said Eric Reuter, Laserscope's President and CEO.  "We are especially pleased with the tremendous performance of our urology business where growing acceptance of our Benign Prostatic Hyperplasia (BPH) treatment ... 

 

   ... driving sales.  Urologists, hospital administrators and patients alike are recognizing the unmatched, long-term clinical results and patient benefits of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure.

    "In late April, we introduced a new brand name for our PVP ... 

 

   ... technology," continued Reuter.  "During the quarter, we shipped 20 GreenLight PV(TM) (formerly known as Niagara PV(TM)) laser systems and 3,075 fibers, up considerably from six systems and 1,400 fibers in the previous quarter. 

 

 Furthermore, we ended the second quarter with a backlog of 21 GreenLight PV laser systems.  We additionally booked eight laser system orders for a new rental program that addresses the desire by many new urologists who are trained ... 

 

   ... 4.8 million at March 31, 2003 and from $4.7 million at the end of 2002. For the next several quarters, Laserscope expects to continue to fund growth of its urology business with cash flow generated from its aesthetics business and from sales of the GreenLight PV laser systems and fiber-optic devices. 

 

    Six-Month Results

    For the six months ended June 30, 2003, the Company ... 

 

   ... successfully meeting our number one goal of growing adoption of the PVP procedure." 

 

    Patent Protects Proprietary Technology

    In April, Laserscope received a patent for the technology and applications of the Company's GreenLight PV laser.  "The patent covers our GreenLight PV laser and fiber-optic delivery device when applied in the treatment of BPH and is potentially extendible to other soft tissue applications," said ... 

 

   ... first quarter of 2003, Reuter said, "We made good progress on this issue and successfully shipped 20 GreenLight PV laser systems in the second quarter.  Our ongoing challenge is to improve our yield and bring our manufacturing output up to full capacity.  We are confident that we ... 

 

   ... adoption within the existing reimbursement environment," concluded Reuter. 

 

     2003 Guidance

     The Company updates the following guidance for 2003:

     -- Laserscope expects that overall laser sales will increase due to

        continued growth in PVP products.  The Company anticipates that it

        will sell 9,000 to 10,000 PVP fiber-optic devices during the year, an

        increase from its previous forecast of 7,500.  Additionally,

        Laserscope believes that sales of aesthetic products will grow

        moderately in all markets.  The Company expects that aggregate

        revenues for the ... 

 

   ... for the year, the Company expects net income between $0.10 and

        $0.15 per share. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, July 24, 2003, at 8:00 am PDT / 11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN's CompanyBoardroom at www.companyboardroom.com .  Investors should go to the Web site a few minutes early, as ... 

 

   ... 2236 (303-590-3000 for international callers), passcode 546780.  A replay of the webcast will be available at Laserscope's Web site.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com . 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form10-K and the most recent forms ... 

 

   ... Relations Department.

 

    For further information, please contact Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope. 

 

                                  Laserscope

                        GreenLight PV(TM) Fiber Sales

                                   (Units) 

 

    2003                             Q1      Q2                        YTD 

 

    U.S. Hospitals & Clinics        466     589 ... 

 

   ... 490    1,090    1,950 

 

    International Customers           0      70      260      100      430 

 

        Total                       120     560    1,110    1,660    3,450 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Income 

 

                                 Three months ended       Six months ended

                                      June 30, ... 

 

   ... capital leases                    32            60

    Shareholders' equity                            17,123        15,482 

 

    Total liabilities and shareholders' equity     $30,712       $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, both of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY: Laserscope 

 

SUBJECT: bc-CA-LSCP-2Q-Results; Earnings; Earnings Projections or Forecasts; Conference Call Announcements; Media advisories and invitations LASERS (91%); COMPANY EARNINGS (90%); FINANCIAL RESULTS (90%); INTERIM FINANCIAL RESULTS (90%); FIBER OPTICS (89%); MEDICAL ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

May 7, 2003, Wednesday

 

SECTION: FINANCIAL NEWS

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 1578 words 

 

HEADLINE: Laserscope PVP Clinical Study Results Presented At 98th Annual American Urological Association Meeting 

 

DATELINE: SAN JOSE, Calif., May 7 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that the results from several clinical studies of the GreenLight PV(TM) (formerly called Niagara PV(TM)) surgical laser system used for Photo-Selective Vaporization of the Prostate (PVP(TM)) to treat Benign Prostatic Hyperplasia (BPH) were presented at the recent 98th Annual Meeting of the ... 

 

   ... similar patient demographics.

    "We are extremely pleased and excited with the clinical results presented at the AUA meeting," said Eric Reuter, Laserscope's President and CEO. "These studies further indicate that the PVP procedure is rapidly gaining credibility and momentum with a much broader group of ... 

 

   ... lead it to supplant the other minimally invasive but less efficacious procedures," concluded Reuter. 

 

    About the GreenLight PV Laser and PVP Procedure

    The GreenLight PV system uses very high average and peak powers of a particular wavelength of laser light (532 nanometer or "green" color) delivered through an innovative and proprietary single-use sterile fiber-optic ... 

 

   ... selectively and quickly vaporize and remove the obstructive prostate tissue virtually bloodlessly and immediately relieve the symptoms associated with BPH. The term "Photo-Selective-Vaporization of the Prostate" (PVP) is used to describe the unique properties that this specific wavelength of light has when treating BPH. The green light completely ... 

 

   ... treatment area and still maintain visibility and a clinical effect as the green light "selects" the oxyhemoglobin before it is absorbed.

    As the laser light passes through the sterile water irrigant and enters the prostate tissue, it is absorbed in a very short distance ( ... 

 

   ... it possible for many patients to be treated and released with complete symptom relief and no catheterization.

    Although there are several other "lasers" and "energy sources" currently used to treat BPH, they all work in different ways from each other and each has one or ... 

 

   ... proven to yield dramatic and immediate post-operative clinical results, low side effects and long-term durability. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Analyst Contact, Scott Malchow, or General Inquiries, Linda Chien, both of FRB/Weber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%); WEILL CORNELL MEDICAL CENTER (75%); Laserscope AMERICAN UROLOGICAL ASSOCIATION (93%); NEWYORK-PRESBYTERIAN HOSPITAL (64%);  

 

SUBJECT: bc-CA-LSCP-Clinical-PVp; Surveys, polls & research studies; Trade Show PROSTATE DISEASE (91%); LASERS (90%); MEDICAL DEVICES (90%); MEDICAL RESEARCH (90%); RESEARCH (90%); CLINICAL TRIALS (90%); CARDIOVASCULAR DEVICES (90%); 


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

April 30, 2003, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS 

 

LENGTH: 615 words 

 

HEADLINE: Laserscope Receives Patent for Its GreenLight Laser 

 

DATELINE: SAN JOSE, Calif., April 30 

 

KEYWORD: bc-CA-Laserscope-patent; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that it has received a patent for the technology and applications for the Company's GreenLight PV(TM) (formerly called Niagara PV(TM)) laser.  U.S. Patent Number 6,554,824, entitled "Methods for Laser Treatment of Soft Tissue," covers the use of visible laser light for the treatment of Benign Prostatic Hyperplasia (BPH).

    "We are very pleased to have received this extensive patent protection, which provides a competitive barrier to entry," said Eric Reuter, Laserscope's President and CEO.  "The patent covers our GreenLight PV laser and fiber-optic delivery device when applied in the treatment of BPH and is potentially extendible to other soft tissue applications.  We believe that our ... 

 

   ... envelopes virtually all technology necessary to create the high power green light energy required to treat BPH using the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure."

    Reuter added, "The key to the success of our procedure lies in the application of high power 532 nanometer, green laser light to the prostatic tissue, allowing urologists to precisely and quickly vaporize tissue without harming the surrounding area.  This single technological ... 

 

   ... results have shown that the procedure provides immediate and complete symptom relief with an extremely low incidence of side effects. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, +1-310-407-6555, both of FRBˆWeber Shandwick for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope THE SEC (57%);  

 

SUBJECT: bc-CA-Laserscope-patent;  PATENTS (93%); LASERS (92%); PROSTATE DISEASE (91%); PRESS RELEASES (90%); MEDICAL DEVICES (90%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES ( ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

April 24, 2003, Thursday

 

SECTION: FINANCIAL NEWS

 

DISTRIBUTION: TO BUSINESS EDITOR 

 

LENGTH: 2204 words 

 

HEADLINE: Laserscope Reports First Quarter 2003 Results;

Revenues Up 32% Over First Quarter 2002 Strong PVP Product Sales and Growing Backlog of Laser Systems 

 

DATELINE: SAN JOSE, Calif., April 24 

 

KEYWORD: bc-CA-Laserscope-Q1-earn; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its first quarter ended March 31, 2003, increased ... 

 

   ... quarter of 2002.

    "Demand for our products continues to increase in both the urology and aesthetic markets," said Eric Reuter, Laserscope's President and CEO.  "There is a growing number of urologists and hospital administrators that understand Laserscope's approach to treating benign prostatic hyperplasia (BPH).  This recognition is fueling the rapid adoption of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure and driving sales of our PVP laser systems and disposable fiber-optic devices.  During the quarter, we shipped six PVP laser systems and over 1,400 fibers.  More impressive is our backlog, which ended the quarter with twenty PVP laser systems.  These results support our belief that with its unparalleled clinical outcomes and lower cost of overall patient care, the PVP procedure will ... 

 

   ... driven by our alliance with McKesson Medical and the increasing demand for the wide range of aesthetic procedures that can be performed using Laserscope equipment." 

 

     ... expenses did not contribute materially to our expenses during the quarter.  Legal proceedings arise out of the Company's ordinary course of business and Laserscope expects legal costs will fluctuate from quarter to quarter based on the level of activity.

    The Company's cash position increased to $4.8 million at March 31, 2003 from $4.7 million at the end of 2002.  For the next several quarters, Laserscope expects to continue to fund growth of its urology business with cash flow generated from its aesthetics business and from sales of the PVP laser systems and fiber-optic devices. 

 

    American Urology Association Meeting Activities

    As the Company has previously announced, the early results from the multi-  ... 

 

   ... on April 30, the overall results of the Company's multi-site study will be presented in a podium session.

    Laserscope will be exhibiting at the AUA meeting and will also use the forum of the meeting to unveil a new name and marketing campaign for its PVP laser system.  "We feel that the name Niagara PV, does not fully represent the essence and capability of our laser system.  The new name for the product will add the brand recognition that we believe will ultimately promote stronger consumer  ... 

 

   ... remember and allows us the flexibility to extend this technology into other applications," said Reuter. 

 

    Update on Industry and Outlook

    In Laserscope's discussion of fourth quarter 2002 results, the Company commented that it was experiencing a shortage of some critical components that would likely impact its ability to ship PVP lasers in the first quarter of 2003.  "While we made progress on this issue during the first quarter, we are continuing to work with our existing suppliers and have qualified some new suppliers to overcome the shortages," said Reuter.  "We completed and shipped six PVP lasers during the quarter, and as mentioned earlier, we built a backlog of twenty units.  We expect a resolution to this issue soon, leading to ... 

 

   ... Services (CMS).  While these reductions are beginning to have a short-term negative impact on the rapid growth in sales of Laserscope's BPH treatment products, the Company's management believes that in the long-term, the superior clinical outcomes will prove it to be the ... 

 

   ... support of our growing base of PVP users in this endeavor." 

 

    2003 Guidance

    The Company reiterates the following guidance for 2003: 

 

    --    Laserscope expects that overall laser sales will increase due to

          continued growth in PVP products.  The Company anticipates that it

          will sell approximately 7,500 PVP fiber-optic devices during the

          year, with second quarter sales of these products higher than the

          first quarter's.  Additionally, Laserscope believes that sales of

          aesthetic products will grow moderately in all markets.  The Company

          expects that aggregate revenues for the ... 

 

   ... 0.15 per share, with the majority of earnings growth

          generated in the latter part of the year. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, April 24, 2003, at 8:00 a.m. PDT/11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Web site at www.laserscope.com or CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Web site a few minutes early, as ... 

 

   ... A replay of the webcast will be available at CCBN's CompanyBoardroom through May 24, 2003.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's Web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                  Laserscope

                           Niagara(TM) Fiber Sales

                                     2002 

 

                                                Total         Q1         Q1

                                                 2002        2002       2003 

 

    U.S. Hospitals & Clinics                    1,070 ... 

 

   ... U.S. Mobile Service Providers               1,950         70         775 

 

    International Customers                       430          0         165 

 

    Total                                       3,450        120       1,406 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations

                                                       Three Months Ended

                                                            March 31,

    (thousands except per ... 

 

   ... capital leases                      46             60

    Shareholders' equity                              15,784         15,482 

 

    Total liabilities and shareholders' equity       $29,336        $29,163 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636; or analysts, Scott Malchow, or general inquiries, Linda Chien of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (94%); LASERSCOPE SURGICAL SYSTEMS (91%); AMERICAN UROLOGY ASSOCIATION (70%); Laserscope 

 

SUBJECT: bc-CA-Laserscope-Q1-earn; Earnings; Earnings Projections or Forecasts LASERS (93%); FIBER OPTICS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); HEALTH CARE INDUSTRY (78%); MEDICAL ...



 

 

 

 

 

Copyright 2003 Times Publishing Company  

St. Petersburg Times (Florida)

 

March 27, 2003 Thursday

 

SECTION: LARGO TIMES; Pg. 6 

 

LENGTH: 724 words 

 

HEADLINE: Laser prostate procedure offers much simpler, shorter recovery 

 

BYLINE: CANDACE RONDEAUX 

 

DATELINE: TARPON SPRINGS 

 

BODY:

 

   ... operating room, days in the hospital and maybe a week or more attached to a catheter or try a new laser treatment recently introduced at Helen Ellis Memorial Hospital, possibly cutting his recovery time in half. 

 

   "People ... 

 

   On Tuesday, Zeltner, 76, was one of the first in line for the minimally invasive treatment, which uses a laser to vaporize an enlarged prostate. And a little more than an hour after Dr. Paul Arnold performed the procedure, ... 

 

   ... shorter recovery will entice many more men in the Tampa Bay area to try the new treatment, called photo-selective-vaporization of the prostate. 

 

   "It's relatively bloodless," Arnold said. "It's quick and effective, and the main thing is that patients don't go ... 

 

   ... Clearinghouse. Frequent urination at night, problems with flow or bladder infections are common signs of an enlarged prostate. 

 

   Officials with Laserscope, the California-based maker of the technology called Niagra PV, estimate roughly 13-million men are diagnosed with the condition each ... 

 

   ... sent home with instructions to use a catheter. 

 

   But with the new technique, Arnold is able to eliminate the enlarged prostate using Laserscope's $150,000 laser system in roughly a half hour. Guided to the prostate through a fiber optic tube, a special green laser pulses light that vaporizes the prostate with unparalleled precision. 

 

   "Fifty percent of patients will be able to go home without a ... 

 

   ... Arnold said. 

 

   Arnold was the first physician in Pennsylvania to use the treatment and has instructed dozens of doctors across the nation on photo-selective-prostate vaporization, or PVP, he said.

 

   He also was one of the first to introduce the technique in Florida after moving here about two months ... 

 

   ... people know about it because it could be a breakthrough." 

 

   During the past year, 145 patients were treated with the new PVP laser system as part of a clinical study at six medical centers, including hospitals in New York, Pennsylvania, ... 

 

GRAPHIC: 

 

   ... Paul Arnold talks with Walt Zeltner, 76, seasonal resident of New Port Richey, after Zeltner underwent a laser procedure on his enlarged prostate Tuesday at Helen Ellis Memorial. 

 

SUBJECT:  PROSTATE DISEASE (93%); CARDIOVASCULAR DEVICES (89%); MEDICAL DEVICES (89%); DISEASES & DISORDERS (89%); LASERS (89%); PHYSICIANS & SURGEONS (78%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); DRUG INTERACTIONS & SIDE EFFECTS (71%);  ...


 

 

 

 

 

Copyright 2003 Times Publishing Company  

St. Petersburg Times (Florida)

 

March 26, 2003 Wednesday

 

SECTION: NORTH PINELLAS TIMES; Pg. 1  

 

LENGTH: 730 words 

 

HEADLINE: Prostate procedure brings swift recovery 

 

BYLINE: CANDACE RONDEAUX 

 

DATELINE: TARPON SPRINGS 

 

BODY:

 

   ... operating room, days in the hospital and maybe a week or more attached to a catheter or try a new laser treatment recently introduced at Helen Ellis Memorial Hospital, possibly cutting his recovery time in half. 

 

   "People ... 

 

   On Tuesday, Zeltner, 76, was one of the first in line for the minimally invasive treatment, which uses a laser to vaporize an enlarged prostate. And a little more than an hour after Dr. Paul Arnold performed the procedure, ... 

 

   ... shorter recovery will entice many more men in the Tampa Bay area to try the new treatment, called photo-selective-vaporization of the prostate. 

 

   "It's relatively bloodless," Arnold said. "It's quick and effective, and the main thing is that patients don't go ...

 

   ... Clearinghouse. Frequent urination at night, problems with flow or bladder infections are common signs of an enlarged prostate. 

 

   Officials with Laserscope, the California-based maker of the technology called Niagra PV, estimate roughly 13-million men are diagnosed with the condition each ... 

 

   ... sent home with instructions to use a catheter. 

 

   But with the new technique, Arnold is able to eliminate the enlarged prostate using Laserscope's $150,000 laser system in roughly a half hour. Guided to the prostate through a fiber optic tube, a special green laser pulses light that vaporizes the prostate with unparalleled precision. 

 

   "Fifty percent of patients will be able to go home without a ... 

 

   ... Arnold said. 

 

   Arnold was the first physician in Pennsylvania to use the treatment and has instructed dozens of doctors across the nation on photo-selective-prostate vaporization, or PVP, he said. He also was one of the first to introduce the technique in Florida after moving here about two months ... 

 

   ... people know about it because it could be a breakthrough." 

 

   During the past year, 145 patients were treated with the new PVP laser system as part of a clinical study at six medical centers, including hospitals in New York, Pennsylvania, ... 

 

GRAPHIC: 

 

   ... talks with his patient, Walt Zeltner, 76, seasonal resident of New Port Richey after Zeltner underwent a new laser procedure on his enlarged prostate Tuesday at Helen Ellis 

 

SUBJECT:  PROSTATE DISEASE (93%); CARDIOVASCULAR DEVICES (89%); MEDICAL DEVICES (89%); DISEASES & DISORDERS (89%); LASERS (89%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); PHYSICIANS & SURGEONS (72%); DRUG INTERACTIONS & SIDE EFFECTS (70%);  ...


 

 

 

 

 

Copyright 2003 PR Newswire Association, Inc.   

PR Newswire

 

February 13, 2003, Thursday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 2351 words 

 

HEADLINE: Laserscope Reports Fourth Quarter 2002 Results;

Revenues Increase 32% From Fourth Quarter 2001

 

KEYWORD: bc-CA-Laserscope-earning; 

 

BODY:

 

   ... Momentum for Niagara PV(TM) Systems and Fiber-Optics 

 

    SAN JOSE, Calif., Feb. 13 /PRNewswire-FirstCall/ -- Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its fourth quarter ended December 31, 2002, increased ... 

 

   ... expectations and was driven by growth in both our core aesthetics business and emerging urology business," said Eric Reuter, Laserscope President and CEO.  "Sales of our products for aesthetic procedures remained strong worldwide with the majority of the growth coming from our U.S. sales ... 

 

   ... revenues were bolstered again by sales growth of our Niagara PV products.  During the quarter, we sold eight Niagara PV laser systems and 1,660 Niagara PV disposable fiber-optic delivery devices. When compared to the third quarter of 2002, unit volume of fiber-optics sold increased 50%.  Over time, as the installed base of Niagara PV laser systems increases, we expect a growing stream of recurring revenues from the sales of fiber-optics." 

 

     ... a result of increased activity on existing litigation.  Legal proceedings arise out of the Company's ordinary course of business and Laserscope expects legal costs will fluctuate from quarter to quarter based on the level of activity.

    "We will continue to invest heavily in the introduction of our new Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure to the market," stated Reuter.  "As the initial stages of the launch are behind us, we have shifted our resource ... 

 

   ... 4.7 million at year end from $4.1 million at the end of the third quarter.  For the next several quarters, Laserscope expects to continue to fund growth of Niagara PV with cash flow generated from its aesthetics business and from sales of the Niagara PV system. 

 

 ... 

 

   ... Clinical results have shown that the procedure provides immediate and complete symptom relief with an extremely low incidence of side effects.

    Laserscope began selling the Niagara PV system and related disposable fiber-optic delivery devices in the first quarter of 2002.  Since that time, the Company has sold 32 laser systems and 3,450 disposable fiber-optics.  This sales growth shows continuing penetration of each of the target markets, which are U.S. hospitals and ... 

 

   ... reductions are beginning to have a short-term negative impact on the rapid growth in sales of Niagara PV products, Laserscope believes that in the long-term, the superior clinical outcomes will prove it to be the standard of care.

    "We will continue our efforts to ... 

 

   ... commitment to delivering a quality product for this procedure has stretched some of our vendors to the point where we were unable to fulfill our Niagara PV laser backlog during January 2003 due to a shortage of some critical components.  We are working with these suppliers to overcome these issues and are also in the process of developing alternative supply sources for these components.  As a result of the components shortage which has delayed shipments of Niagara PV lasers and the typical seasonal decline in elective procedures during the holiday season, we expect procedure volume and fiber-optics sales ... 

 

   ... lower than in the fourth quarter but to rebound during the second quarter." 

 

    The Company is providing the following guidance for 2003:

    -- Laserscope expects that overall laser sales will increase due to continued growth in Niagara PV products.  The Company anticipates that it will sell ... 

 

   ... optics during the year, with first quarter sales of these products at lower levels compared to the fourth quarter of 2002.  Additionally, Laserscope believes that sales of aesthetic products will grow moderately in all markets.  The Company expects that aggregate revenues for the ... 

 

   ... 0.15 per share, with the majority of earnings growth generated in the latter part of the year. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Thursday, February 13, 2003, at 8:00 AM PST/11:00 ... 

 

   ... five minutes prior to the start time.

    Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's web site at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the web site a few minutes ... 

 

   ... A replay of the webcast will be available at CCBN's CompanyBoardroom through March 13, 2003.

    Additional information on Laserscope including an archive of corporate press releases is also available on the Company's web site. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's web site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's public disclosure filings with the SEC, including the most recent  Annual Report on Form10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                    Laserscope

                             Niagara(TM) Fiber Sales

                                       2002

 

                                     Q1       Q2       Q3       Q4      YTD 

 

    U.S. Hospitals & Clinics         50      190 ... 

 

   ... 490    1,090    1,950 

 

    International Customers           0       70      260      100      430 

 

      Total                         120      560    1,110    1,660    3,450 

 

                           LASERSCOPE FINANCIAL SUMMARY

                                   (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                                      Three months ended  Twelve months ended

                                           Dec. 31, ... 

 

   ... capital leases                           60        60

    Shareholders' equity                                   15,482    13,412 

 

    Total liabilities and shareholders' equity            $29,163   $25,482 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636, or Scott Malchow, Analyst Contact, or Linda Chien, General Inquiries, of FRBˆWeber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); Laserscope 

 

SUBJECT: bc-CA-Laserscope-earning; Earnings; Conference Call Announcements LASERS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); BIOTECHNOLOGY (79%); ATTORNEYS FEES (70%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

October 23, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS 

 

LENGTH: 2277 words 

 

HEADLINE: Laserscope Reports Third-Quarter Increases in Revenues, Earnings and Niagara PV(TM) BPH Sales;

Revenues Up 32% Over Third-Quarter 2001 

 

DATELINE: SAN JOSE, Calif., Oct. 23

 

KEYWORD: bc-CA-Laserscope-earns; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its third quarter ended September 30, 2002 increased  ... 

 

   ... 641,000, or $0.04 per share loss, in the same period of 2001.

    "We continue to be pleased with our progress," said Eric Reuter, Laserscope President and CEO.  "Our domestic aesthetic sales were strong and offset some seasonal softness in our international aesthetic sales, and we showed significant growth in the Niagara PV(TM) disposable fiber-optic product line."

    According to Laserscope, the U.S. aesthetics business benefited from excellent execution by the U.S. sales, marketing, clinical, and service teams and the company's strong ... Selling general and administrative expenses continued to be in line with Laserscope's expectations, and were relatively flat as a percentage of revenues.  The company added that increases in these expenses relative to 2001 were consistent with its plan to ... 

 

   ... cash at the end of the quarter, up from $3.8 million at the end of the second quarter.  For the next several quarters, Laserscope expects to continue to fund growth of Niagara PV with cash flow from its aesthetic business and from early sales of the Niagara PV system. 

 

 ... 

 

   ... share loss, during the same period of 2001. 

 

    Strong Growth in Niagara PV Signals Adoption

    Reuter noted that Laserscope began selling the Niagara PV system and related disposable fiber-optic delivery devices in the first quarter this year.  "To date, we have sold 24 laser systems -- six in the first quarter, and nine in each of second and third quarters -- and approximately 1,800 fiber-optics -- ... 

 

   ... U.S. mobile service providers and international customers."  Reuter added that international fiber sales are front-end loaded together with the laser sale and will not provide a recurring revenue stream for some months to come, unlike domestic fiber- ... 

 

   ... commitments are fulfilled.

    "The growth in fiber sales to each of these sectors is very encouraging," continued Reuter.  "It demonstrates rapid adoption of the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure in the very large benign prostatic hyperplasia (BPH) market.  According to industry sources, ... 

 

   ... extremely low incidence of any side effects or complications," commented Reuter.

    "Our stated goal continues to be to have the PVP procedure, which uses Laserscope's Niagara PV system, become the standard of care for BPH worldwide. Given the revenues ranging from $600 to $1,000 per ...

 

   ... short- and long-term clinical test results from the Mayo Clinic and other institutions, reinforce our belief that this goal is achievable. We expect the Laserscope BPH treatment solution to be the basis for our future long-term revenue growth," commented Reuter. 

 

    Meeting Reimbursement Challenges

    He ... 

 

   ... PVP procedure hold off on their purchases or adoption until the reimbursement climate becomes more attractive," Reuter stated.

    Laserscope is pursuing a number of strategies to address this issue. "First, we are supporting our current physician and hospital users in petitioning CMS to  ... 

 

   ... five minutes prior to the start time. Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Website at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Website a few minutes early, as ... 

 

   ... passcode 6258860.  A replay of the Webcast will be available at CCBN's CompanyBoardroom through November 23, 2002. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's public disclosure filings with the SEC, including the most recent forms Annual Report on Form 10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department. 

 

                                  Laserscope

                           Niagara(TM) Fiber Sales

                                     2002 

 

                                   Q1        Q2       Q3         YTD 

 

    U.S. Hospitals & Clinics       50       190       360 ... 

 

   ... Providers  70       300       490        860 

 

    International Customers         0        70       260        330 

 

        Total                     120       560     1,110      1,790 

 

        LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited)

 

    Condensed Consolidated Statements of Operations 

 

                               Three months ended       Nine months ended

                                 September 30, ... 

 

   ... equity       $28,322        $25,482 

 

                     Make Your Opinion Count - Click Here

               http://tbutton.prnewswire.com/prn/11690X28177332 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Scott Malchow (Analyst/Investor) or James Hoyne (General Inquiries), both of FRB/Weber Shandwick, +1-310-407-6555, for Laserscope 

 

COMPANY:  LASERSCOPE INC (94%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earns; Earnings; Conference Call Announcements  PRESS RELEASES (91%); TRENDS (90%); FIBER OPTICS (90%); MEDICAL DEVICES (90%); COMPANY EARNINGS (90%); LASERS (78%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

July 23, 2002, Tuesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL EDITORS 

 

LENGTH: 1923 words 

 

HEADLINE: Laserscope Reports Second Quarter Increases in Revenues, Profit and Niagara PV BPH System Sales, Exceeding Expectations 

 

DATELINE: SAN JOSE, Calif., July 23 

 

KEYWORD: bc-CA-Laserscope-Q2; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its second quarter ended June 30, 2002 were $10.5  ... 

 

   ... even per share in the first quarter of 2002.

    "We are very pleased with the continued progress towards our goals," said Eric Reuter, Laserscope President and CEO.  "The second quarter results include higher sales of our Niagara PV(TM) System, and its related disposable fiber- ...

 

   ... treatment because of its unique advantages which include immediate symptom relief from a fast, bloodless, and minimally invasive procedure," commented Reuter.

    "Laserscope's stated goal is for our proprietary process, the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure, which uses Laserscope's Niagara PV System, to become the standard of care for BPH.  Early indications of market acceptance, which are following on our excellent clinical test results, reinforce our belief that this goal is achievable.  We expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth," continued Reuter.

    "The aesthetics business also continues to be strong.  As expected in the quarter, we received clearance from the Japanese Ministry of Health and Welfare (MHW) to market the Laserscope Lyra XP(TM) laser system and accessories into the aesthetic market in Japan, allowing our distributor, Japan Medical Equipment Company (JMEC), to sell to the growing ... 

 

   ... on hair removal procedures," added Reuter.

    "In addition, and also as expected, we recently received clearance from the FDA to market our Lyra laser family of products for the non-invasive treatment of wrinkles," stated Reuter.  "The clearance adds the fifth major indication for the ... 

 

   ... able to market the Lyra for the non-invasive treatment of aged and sun-damaged skin, which is one of the fastest growing aesthetic laser procedures.  The Lyra system, with certain proprietary and patented system elements, is clinically shown to reduce wrinkles and improve the tone of the skin ... 

 

   ... forecasted increase in sales and marketing expenses compared to the year-ago-quarter and the first quarter," said Dennis LaLumandiere, Laserscope VP Finance and CFO.  "The increases in sales and marketing expenses represent spending to support the Niagara PV launch, as well as to ... 

 

   ... BPH, which began shipping for revenue in January 2002.  We also expect to see moderate increases in revenues from aesthetic lasers in all geographic markets.

    Gross margin from products, as a percentage of net product revenues in 2002, is expected to be ... 

 

   ... 2001.  The increases are expected as we continue to invest in educational support as well as marketing programs for the Niagara PV and other lasers.  Selling, general and administrative expenses as a percentage of net revenues are expected to be slightly lower than the level in 2001 which was about ... 

 

   ... expenditures in 2002 are expected to be at levels similar to the 2001 level of $1.1 million. 

 

    Management Conference Call

    Management of Laserscope will hold a conference call on Tuesday July 23, 2002 at 8:00 a.m. PDT/11:00 ... 

 

   ... five minutes prior to the start time.  Investors will have the opportunity to listen to the conference call live on the Internet through Laserscope's Website at www.laserscope.com or through CCBN's CompanyBoardroom at www.companyboardroom.com.  Investors should go to the Website a few minutes early, as ... 

 

   ... passcode 6105189.  A replay of the Webcast will be available at CCBN's CompanyBoardroom through August 23, 2002. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                             Three months ended          Six months ended

                                   June 30, ... 

 

   ... equity       $27,820        $25,482 

 

                     MAKE YOUR OPINION COUNT - Click Here

               http://tbutton.prnewswire.com/prn/11690X72114445 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO of Laserscope, +1-408-943-0636; or media, Pam Roberts, or investors, James Hoyne of FRB/Weber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (95%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope; Japan Medical Equipment Company 

 

SUBJECT: bc-CA-Laserscope-Q2; Earnings; Conference Call Announcements; Earnings Projections or Forecasts  PRESS RELEASES (92%); PROFITS (90%); PROSTATE DISEASE ( ... 

 

   ... RESULTS (89%); SURGERY & TRANSPLANTATION (89%); SURGICAL PROCEDURES (89%); PHARMACEUTICALS INDUSTRY (88%); HEALTH CARE INDUSTRY (78%); LASERS (78%); MEDICAL EQUIPMENT & SUPPLIES MFG (73%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire April 24, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS AND TECHNOLOGY EDITORS 

 

LENGTH: 1445 words 

 

HEADLINE: Laserscope Reports First Quarter Increases in Revenues and Earnings;

Results Exceed Same Quarter Last Year 

 

DATELINE: SAN JOSE, Calif., April 24 

 

KEYWORD: bc-CA-Laserscope-earns; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its first quarter ended March 31, 2002 were $9.4 ... 

 

   ... pleased to report the improved financial results for the quarter relative to the same period last year," said Eric Reuter, Laserscope President and CEO.  "Although slightly lower than the fourth quarter of 2001, they demonstrate continued acceptance of our aesthetic products, particularly in the ... 

 

   ... additional expenses with cash flows from our core aesthetic business.  We are targeting the large market opportunity for the treatment of BPH, and expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth," added Reuter.

    "Our goal," continued Reuter, "Is for our proprietary process, the Photo-Selective Vaporization of the Prostate (PVP(TM)) procedure using Laserscope's Niagara PV System, to become recognized as the standard of care for BPH at some time in the near future.  ... 

 

   ... 1.8 million seek drug or other minimally invasive treatments," commented Reuter. "This is a tremendous market opportunity for Laserscope, since we believe that over time, a large number of patients will seek treatment using the Niagara PV equipment and the ... 

 

   ... improve the products and their position in the market.  For example, we have launched our new 'i-solutions' series Aura, Lyra, and Venus lasers beginning this quarter.  The 'i solutions' series of products have some unique technological advances and include 'turn-key' internet and information- ... 

 

   ... fee-for-service' business as part of their practice.  We have recently submitted clinical data to the FDA to request clearance to market our Lyra laser family of products for the non-invasive treatment of wrinkles.  If we are granted this clearance, we will be able to market the Lyra for one of the fastest growing aesthetic laser procedures which is the non-invasive treatment of aged and sun-damaged skin.  This process has been clinically shown to increase the collagen formation over time and reduce the size and appearance of wrinkles," concluded Reuter. 

 

    Guidance for 2002

    In 2002, we believe that overall laser sales will increase due to sales of our new laser for treatment of benign prostatic hyperplasia ( or enlarged prostate), which began shipping for revenue in January 2002. We expect to continue to see moderate increases in sales of lower-priced office-based aesthetic lasers in all geographic markets.

    We expect product gross margin, as a percentage of net product revenues in 2002, to be ... 

 

   ... approximately 10%. The increases are expected as we continue to invest in educational support as well as marketing programs for the Niagara and other lasers.

    We expect capital expenditures in 2002 to be at levels similar to the 2001 level of $1.1 million. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations

                                                        Three Months Ended

                                                             March 31,

    (thousands except per ... 

 

   ... equity       $25,288        $25,482 

 

                     MAKE YOUR OPINION COUNT - Click Here

               http://tbutton.prnewswire.com/prn/11690X45164250 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, both of Laserscope, +1-408-943-0636; or Pam Roberts (General Info/Media), or James Hoyne (Analyst/Investor), both of FRB/Weber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earns; Earnings; Earnings Projections or Forecasts  PRESS RELEASES (92%); MEDICAL DEVICES (91%); COMPANY LOSSES (90%); COMPANY EARNINGS (90%); PROSTATE DISEASE (89%); FINANCIAL RESULTS (78%); SURGERY & TRANSPLANTATION (78%); SURGICAL PROCEDURES (78%); LASERS (78%); PRODUCT MANAGEMENT (78%); EARNINGS PER SHARE (76%); 



 

 

 

 

 

Copyright 2002 Charleston Newspapers  

Charleston Gazette (West Virginia)

 

February 17, 2002, Sunday

 

SECTION: Life; Pg. P10F 

 

LENGTH: 430 words 

 

HEADLINE: HEALTH NEWS New laser technique relieves prostate condition 

 

BYLINE: Patricia Anstett Knight Ridder Newspapers 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says the urologist who developed the procedure. 

 

   Urologists have sought for ... 

 

   ... undergo annually, can cause side effects that include blood loss and impotence. 

 

   The new approach - called Niagara PVP (photo-selective vaporization) - is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ... 

 

   ... performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne, Mich., and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ... 

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethra. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said at a recent news conference. 

 

   For more information, call Laserscope at (800) 356-7600 or visit its Web site, www.laserscope.com.

 

COMPANY:  LASERSCOPE INC (75%);  

 

SUBJECT: technology medicine health research  PROSTATE DISEASE (94%); PHYSICIANS & SURGEONS (90%); MEN (90%); LASERS (89%); CARDIOVASCULAR DEVICES (77%); MEDICAL DEVICES (77%); RESEARCH (69%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

February 15, 2002, Friday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS 

 

LENGTH: 1110 words 

 

HEADLINE: Laserscope Reports Fourth Quarter Increases in Revenues and Net Income;

Fourth Quarter 2001 Results Exceed Expectations 

 

DATELINE: SAN JOSE, Calif., Feb. 15 

 

KEYWORD: bc-CA-Laserscope-earning; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today reported that revenues for its fourth quarter ended December 31, 2001 were $9.6  ... 

 

   ... income of $186,000 or $0.01 per share.

    "We are very pleased to report the improved financial results for the quarter," said Eric Reuter, Laserscope President and CEO.  "They are the outcome of increased focus on sales of our core aesthetic product line and better performance in most of our ... 

 

   ... core business.  We are targeting the large market opportunity for the treatment of benign prostatic hyperplasia ("BPH" or enlarged prostate), and expect the Laserscope BPH treatment solution to contribute incremental future revenues and to be the basis for future growth going forward."

    "As we have previously reported," continued Reuter, "the results from the on-going clinical studies for the Photo-Selective Vaporization of the Prostate (PVPTM) procedure using Laserscope's Niagara PV system, continue to support our experience and the experience of our clinical investigators that this procedure will become recognized as the standard of care ... 

 

   ... United States alone, and at least twice that many in the rest of the world.  This is a tremendous market opportunity for Laserscope since we believe that over time, a large number of these procedures will be done using the Niagara PV equipment and the related proprietary single-use fiber-optic devices."

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets.  More information about Laserscope can be found on the Company's Web Site at www.laserscope.com. 

 

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC).  Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                         LASERSCOPE FINANCIAL SUMMARY

                                 (Unaudited) 

 

    Condensed Consolidated Statements of Operations 

 

                                   Three months ended    Twelve months ended

                                      December 31, ... 

 

   ... equity       $25,482        $24,087 

 

                     MAKE YOUR OPINION COUNT - Click Here

               http://tbutton.prnewswire.com/prn/11690X07816681 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or Pam Roberts, or investors, Elizabeth Saghi, both of FRBˆWeber Shandwick, +1-415-986-1591, for Laserscope 

 

COMPANY:  LASERSCOPE INC (96%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope 

 

SUBJECT: bc-CA-Laserscope-earning; Earnings  PRESS RELEASES (92%); COMPANY LOSSES (91%); FINANCIAL RESULTS (90%); COMPANY EARNINGS (90%); EARNINGS ... 

 

   ... MEDICAL DEVICES (90%); COMPUTING & TECHNOLOGY (90%); PROSTATE DISEASE (89%); INTERIM FINANCIAL RESULTS (78%); INVESTIGATIONS (78%); LASERS (78%); MEDICAL RESEARCH (78%); PHARMACEUTICALS INDUSTRY (72%); MARKET SEGMENTATION (70%); 


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

February 6, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS

 

LENGTH: 984 words 

 

HEADLINE: Laserscope Announces St. Vincent Charity Hospital is the First in Ohio To Perform a New, Minimally Invasive Prostate Procedure;

Advanced Laser Technology Provides Urologists and Patients With Breakthrough Results 

 

DATELINE: SAN JOSE, Calif., Feb. 6 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that St. Vincent Charity Hospital is the first site in the state of Ohio to perform a new, minimally invasive laser treatment for enlarged prostate, which affects over 13 million men who are newly diagnosed with BPH each year ... 

 

   ... pursued training in this procedure so that I could bring this option to my patients here in Cleveland. Niagara PV(TM) Laser Treatment is definitely a breakthrough. Now patients can have a simple, 20-minute laser procedure, which is minimally invasive, highly effective and with very few risks."

    Eric Reuter, President and CEO of Laserscope added, "The results experienced at St. Vincent Charity Hospital are consistent with intermediate results from our multi-site clinical evaluation of the Niagara PV Surgical Laser System (see Laserscope press release dated January 23, 2002, titled Laserscope Announces Intermediate Results from Multi-Site Clinical Evaluation of Niagara PV For BPH). The multi-site clinical study was initiated to further prove that the operative speed, unmatched clinical results, durability, safety, and patient satisfaction of the Laserscope Photo-Selective-Vaporization of the Prostate (PVPTM) procedure which were demonstrated by Dr. Reza Malek at the Mayo Clinic in Rochester, MN,  ... 

 

   ... causes significant bleeding and can require patients to leave the hospital with a catheter in place.

    This new procedure is conducted with the Laserscope Niagara PV and can be administered on an outpatient basis under local or light anesthesia, does not cause blood loss, is relatively painless, and has an extremely quick recovery period with excellent results. 

 

    How Laserscope Niagara Laser Treatment Helps Patients

    Laserscope Niagara PV Laser Treatment works by completely vaporizing the excess prostate tissue quickly, immediately sealing the thin (1-2mm deep) ... 

 

   ... thin zone allows for quick and painless recovery. The procedure is both extremely fast (average of 20 minutes) and effective.

    "The laser is delivered through a fiber optic probe, that is the thickness of a hair, into the cavity via an endoscope inserted through the ... 

 

   ... St. Vincent Charity Hospital Is the First in Ohio to Perform a New, Minimally Invasive Prostate Procedure .) 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

    Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                    MAKE YOUR OPINION COUNT -  Click Here

               http://tbutton.prnewswire.com/prn/11690X24699182 

 

   SOURCE Laserscope 

 

COMPANY:  LASERSCOPE INC (93%); LASERSCOPE SURGICAL SYSTEMS (91%); NIAGARA PV SURGICAL (73%);  Laserscope; St. Vincent Charity Hospital  ST VINCENT CHARITY HOSPITAL (93%);  

 

SUBJECT: bc-CA-LSCP-Ohio-Prostate; New Products and Services  LASERS (93%); PRESS RELEASES (92%); APPOINTMENTS (90%); MEDICAL DEVICES (90%); PROSTATE DISEASE (89%); MEN (89%); RESEARCH ( ...


 

 

 

 

 

Copyright 2002 Knight Ridder/Tribune News Service

 

Knight Ridder/Tribune News Service  

Detroit Free Press

 

February 2, 2002, Saturday

 

SECTION: LIFESTYLE 

 

KR-ACC-NO:  K0284 

 

LENGTH: 455 words 

 

HEADLINE: Technique relieves prostate condition 

 

BYLINE: By Patricia Anstett 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says the urologist who developed the procedure. 

 

   Urologists have sought for ... 

 

   ... annually, can cause side effects that include blood loss and impotency. 

 

   The new approach _ called Niagara PVP, for photo-selective vaporization _ is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ...

 

   ... performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne, Mich., and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ... 

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethera. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said Monday at a news conference. 

 

   For more information, call Laserscope at 800-356-7600 or visit its Web site at 

 

   http://www.laserscope.com/ 

 

   ___ 

 

   (c) 2002, Detroit Free Press. 

 

   Visit the Freep, the World Wide Web site of the Detroit Free Press, ... 

 

COMPANY:  LASERSCOPE INC (71%); 


 

 

 

 

 

Copyright 2002 Detroit Free Press

 

All Rights Reserved  

Detroit Free Press

 

January 29, 2002 Tuesday METRO FINAL EDITION

 

SECTION: BODY & MIND; Pg. 3H 

 

LENGTH: 545 words 

 

HEADLINE: TECHNIQUE RELIEVES PROSTATE CONDITION 

 

BYLINE: PATRICIA ANSTETT FREE PRESS MEDICAL WRITER 

 

BODY:

 

   ... common enlarged prostate condition that forces men at midlife to make frequent bathroom trips can be treated with a laser that relieves symptoms immediately with virtually no side effects, says a Detroit-area urologist who developed the procedure. 

 

 ... 

 

   ... annually, can cause side effects that include blood loss and impotency. 

 

   The new approach -- called Niagara PVP, for photo-selective vaporization -- is a laser with the strength of an 80-watt light bulb that vaporizes excess prostate tissue, says Dr. Mahmood Hai, the leading ... 

 

   ... Hai has performed 50 of the procedures since December 2000 at Oakwood Annapolis Hospital in Wayne and is designated by Laserscope Inc., the manufacturer, as its chief physician trainer. 

 

   The 20-minute procedure is performed with local anesthesia and intravenous sedation and requires no ...  

 

   ... can be used on prostate glands of varying sizes, including those that are completely obstructed, Hai said. 

 

   Doctors thread a laser tip through a thin tube into the urethera. Then the laser applies energy that makes excess tissue evaporate. Patients typically go home within a few hours and return to ... 

 

   ... in a day or two. Most patients do not need to use temporary catheters to urinate, as surgery patients do. Other lasers, using slightly less energy, don't immediately destroy all tissue and haven't been considered widely effective, said Hai, who has worked for a decade with lasers to treat BPH. 

 

   The treatment, federally approved last year, costs $3,000 and usually is covered by insurance, Hai said. ... 

 

   ... 25 years as a urologist, Hai said Monday at a news conference. 

 

   For more information, call Laserscope at 800-356-7600, visit its Web site at www.laserscope.com. or call Oakwood Health Line at 800-543-9355 anytime. 

 

   Many men forgo cancer tests 

 

 ... 

 

COMPANY:  LASERSCOPE INC (69%); MICHIGAN INTEGRATED DELIVERY NETWORK INC (58%);


 

 

 

 

 

Copyright 2002 Business Wire, Inc.   

Business Wire

 

January 28, 2002, Monday

 

SECTION: HEALTHWIRE

 

DISTRIBUTION: Business Editors and Health/Medical Writers 

 

LENGTH: 794 words  

 

HEADLINE: Oakwood Annapolis Hospital is First in the World to Offer Revolutionary Laser Prostate Surgery 

 

DATELINE: WAYNE, Mich., Jan. 28, 2002 

 

    Niagara(TM) Bloodless Photo-Selective Vaporization of the Prostate Procedure Cuts Recovery Time to Days, Not Weeks; Oakwood Annapolis Physician Mahmood Hai, M.D, ... 

 

   ... Procedure 

 

   Oakwood Annapolis Hospital has announced it is the first hospital worldwide to begin using the revolutionary Niagara PVP(TM) laser photo-selective vaporization procedure (PVP) for benign prostatic hyperplasia (BPH). The 20-minute procedure, performed under local anesthetic, ... 

 

   Oakwood Annapolis Hospital's breakthrough Niagara PVP system and KTP/532nm laser were developed by Laserscope(c)(San Jose, Calif.) in consultation with Dr. Hai. 

 

   Oakwood Annapolis Hospital is the first and, currently, the only hospital in the world to perform the Niagara PVP procedure and own a KTP laser machine. Dr. Hai has performed over 50 procedures with the new laser since December 2000, and confirms its effectiveness in his training sessions. "Niagara PVP allows a much less invasive, and therefore, ... 

 

   ... replace existing BPH procedures in the next several years," Dr. Hai explained. 

 

   Because of its unprecedented high power, the KTP laser pulses, delivered through a fiber the thickness of a hair inserted in the urinary passage, completely vaporize obstructive prostate tissue. The laser seals the surrounding area creating a virtually bloodless procedure. The procedure generally takes around 20 minutes and is generally ... 

 

   ... not required to wear a catheter, and can return to their normal lives within two days. 

 

   Dr. Hai has been performing laser surgery for BPH since 1991. In 1997, Hai, realizing the increasing need for a more powerful laser, approached Laserscope to develop the next generation laser. Over the next few years, Hai and Laserscope worked together to create the 80-watt KTP/nm laser machine. Dr. Hai oversaw and conducted all clinical studies. Dr. Hai recently completed two years of clinical ... 

 

SUBJECT: 

 

   ... 91%); SURGERY & TRANSPLANTATION (90%); SURGICAL PROCEDURES (90%); MEN (85%); CARDIOVASCULAR DEVICES (75%); MEDICAL DEVICES (75%); LASERS (75%); ANTIINFECTIVES (70%); 



 

 

 

 

 

Copyright 2002 Business Wire, Inc.   

Business Wire

 

January 28, 2002, Monday

 

DISTRIBUTION: Business Editors 

 

LENGTH: 940 words 

 

HEADLINE: Newstream.com Digest: Revolutionary Laser Prostate Surgery, Nintendo Cuts Price of Game Boy Advance, 'The Lion King' to Tour America, and other free multimedia content for journalists 

 

DATELINE: Jan. 28, 2002 

 

    Oakwood Annapolis Hospital is First in the World to Offer Revolutionary Laser Prostate Surgery 

 

   Oakwood Annapolis Hospital has announced it is the first hospital worldwide to begin using the revolutionary Niagara PVP(tm) laser photo-selective vaporization procedure (PVP) for benign prostatic hyperplasia (BPH). The 20-minute procedure, performed under local anesthetic, ...


 

 

 

 

 

Copyright 2002 Medical Data International, Inc.   

Medical Industry Today

 

January 24, 2002, Thursday

 

SECTION: DEVICES 

 

LENGTH: 487 words 

 

HEADLINE: Laser to Treat BPH Proves Quick, Effective in Trial 

 

BODY:

 

   LASERSCOPE (San Jose, CA) announced Wednesday that Niagara PV Surgical Laser System relieved the symptoms of benign prostatic hyperplasia in all of the patients treated in 20 minutes in clinical trials. 

 

   The Niagara PV Surgical Laser System, which is available in the United States, conducts photo-selective-vaporization (PVP) of the prostate. The device uses a combination of a specific wavelength of high energy 532 nanometer laser light delivered in a chain of pulses called StarPulse through a single-use sterile fiber optic ... 

 

   ... Malek at the Mayo Clinic over the past three years could be replicated in the hands of other physicians," Eric Reuter, Laserscope president and CEO, said in a statement. "We are very excited but not surprised that these preliminary clinical results from the multi-site ... 

 

   ... symptom scores decreased by 83 percent and post-void residual volumes decreased by 97 percent, according to Laser scope. Transient and mild dysuria (painful urination) was noted in 5 percent of patients. There were no reported complications or other ... 

 

   ... easy for the physician to perform. These preliminary clinical results further indicate that the Niagara PVP procedure accomplishes all three." 

 

   Laserscope designs, manufactures, sells and services a line of medical laser systems and related energy delivery devices for the office, outpatient surgical center and hospital markets. The company's stock is listed ... 

 

SUBJECT:  LASERS (92%); CLINICAL TRIALS (90%); PROSTATE DISEASE (90%); RESEARCH (89%); MEDICAL DEVICES (89%); MEDICAL RESEARCH (89%);   ...


 

 

 

 

 

Copyright 2002 PR Newswire Association, Inc.   

PR Newswire

 

January 23, 2002, Wednesday

 

SECTION: FINANCIAL NEWS 

 

DISTRIBUTION: TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS 

 

LENGTH: 1387 words 

 

HEADLINE: Laserscope Announces Intermediate Results From Multi-Site Clinical Evaluation of Niagara PV(TM) for BPH;

Results Unequaled By Any Other Therapy 

 

DATELINE: SAN JOSE, Calif., Jan. 23 

 

KEYWORD: bc-CA-Laserscope-Results; 

 

BODY:

 

    Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced intermediate results from its multi-site clinical evaluation of the Niagara PV(TM) Surgical Laser System used for the Photo-Selective-Vaporization of the Prostate (PVP(TM)) in the treatment of Benign Prostatic Hyperplasia (BPH), known as enlarged prostate.

    The intermediate results from the ... 

 

   ... Niagara PVP(TM) Product and Procedure

    "We developed the Niagara to meet a tremendous market need," said Eric Reuter, Laserscope President and CEO.  "Over 13 million men in the United States alone are diagnosed with BPH each year and over ... 

 

   ... skepticism as well.  This skepticism was based on the fact that numerous other approaches which have been tried for this procedure, including several other laser technologies, have caused disappointment because of the clinical compromises that were necessarily made.  We believe that the results of this trial will help dispel this skepticism, create ...

 

   ... TM) system uses a unique and proprietary combination of a specific wavelength of high energy 532 nanometer (green) laser light delivered in a chain of pulses called StarPulse(TM) through a single-use sterile fiber ... 

 

   ... sale in the US and will be available in certain select countries worldwide beginning in the Spring of 2002.  Contact Laserscope for more details regarding workshop and training dates and locations. 

 

    About Laserscope

    Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company's Web Site at www.laserscope.com.

     Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

                    MAKE YOUR OPINION COUNT -  Click Here

               http://tbutton.prnewswire.com/prn/11690X24454311 

 

   SOURCE Laserscope

 

    CONTACT: Eric Reuter, President & CEO, or Dennis LaLumandiere, CFO, +1-408-943-0636, both of Laserscope; or media, Pam Roberts, or investors, Elizabeth Saghi, both of FRB/Weber Shandwick, +1-415-986-1591, both for Laserscope 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%);  Laserscope  BPH MARKET (90%);  

 

SUBJECT: bc-CA-Laserscope-Results;  PRESS RELEASES (92%); MEDICAL DEVICES (91%); PROSTATE DISEASE (90%); LASERS (90%); CARDIOVASCULAR DEVICES (89%); BIOTECHNOLOGY (79%); COMPUTING & TECHNOLOGY (79%); MEDICAL RESEARCH (78%); DISEASES & DISORDERS (78%);  ...


 

 

 

 

 

Copyright 2001 Business Wire, Inc.   

Business Wire

 

May 10, 2001, Thursday

 

SECTION: HEALTHWIRE 

 

DISTRIBUTION: Business Editors/Health & Medical Writers 

 

LENGTH: 498 words 

 

HEADLINE: Laserscope Announces FDA Approval of New Surgical System for the Treatment of BPH

 

DATELINE: SAN JOSE, Calif., May 10, 2001 

 

KEYWORD: CA-LASERSCOPE;  

 

    Laserscope (Nasdaq:LSCP) today announced that it has received approval from the U.S. Food and Drug Administration to market its new high power KTP laser system specifically for the treatment of Benign Prostatic Hyperplasia (BPH). 

 

   In commenting on the news, Eric Reuter, Laserscope President and CEO said, "We are very excited about the approval and encouraged that the FDA has cleared our new system specifically for this indication in such ... 

 

   Reuter added, "As I have mentioned in previous communications, we believe that this procedure, known as photo-selective vaporization of the prostate, or PVP, will be ultimately recognized as the best treatment available for this disease. Our three-year follow-up ... 

 

   ... risks are detailed from time to time in the Company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope's most recent forms 10K and 10Q are available upon request from its Investor Relations Department. 

 

    CONTACT: Laserscope

Eric Reuter, 408/943-0636 (President & CEO)

Dennis LaLumandiere, 408/943-0636 (CFO) 

 

COMPANY:  LASERSCOPE INC (92%); LASERSCOPE SURGICAL SYSTEMS (91%); AMERICAN UROLOGY ASSOCIATION (73%);   FOOD & DRUG ADMINISTRATION (94%);  

 

SUBJECT: 

 

   ... FDA APPROVALS (91%); MEDICAL RESEARCH (90%); PROSTATE DISEASE (90%); MEDICAL DEVICES (86%); BIOTECHNOLOGY INDUSTRY (78%); LASERS (77%); CLINICAL TRIALS (73%); DRUG INTERACTIONS & SIDE EFFECTS (73%); GENETIC SCIENCE & BIOTECHNOLOGY (63%); 


 

 

 

 

 

Copyright 1992 Computerworld, Inc.   

Computerworld

 

November 9, 1992

 

SECTION: IN DEPTH; From Art to Part; Pg. 81 

 

LENGTH: 767 words 

 

HEADLINE: Desktop manufacturing flavors;

Finding the right method is not always easy. Here are six techniques, including pros and cons of each 

 

BYLINE: By Anil (Neil) Chaudhry 

 

BODY:

 

   ... a part layer by layer in a vat of photocurable liquid that hardens when hit by an ultraviolet laser.

 

Advantages: 

 

   Many resins available with varying properties. 

 

     New, patented laser scanning and part-building techniques minimize part shrinkage and distortion. 

 

   Parts can have both internal and external contours and shapes.

 

 ... 

 

   ... ultraviolet lamp to expose an entire layer at a time, as opposed to tracing the profile of a layer with a laser beam as done in 3D's systems.

 

Advantages: 

 

   Virtually no limits on part shape, including intricate part- ... 

 

   ... Other equipment average: under 10 sq ft.)

 

Laminated object manufacturing 

 

   Helisys, Inc., Torrance, Calif. 

 

   A laser cuts an adhesive-coated sheet of paper that is laminated layer by layer to make a 3-D part. ... 

 

   ... can absorb moisture and cause distortion and delamination. 

 

   Moisture absorption affects stability, part accuracy and shelf life.

 

Selective laser sintering 

 

   DTM Corp., Austin, Texas 

 

   A carbon dioxide laser scans a layer of fine powder. Because the powder is kept close to its melting point, it melts, fuses and solidifies wherever the laser scans. In building successive layers, the laser must penetrate to the appropriate depth to fuse the top layer and the one below.

 

Advantages: 

 

   Builds wax models in a ... 

 

GRAPHIC: CW Photo, Selective laser sintering 

 

SUBJECT:  LASERS (89%); ADHESIVES & SEALANTS (77%); 



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SEND TO: EULIN, INGRID              

         TRADEMARK LAW LIBRARY                  

         2101 CRYSTAL PLAZA ARC                 

         MAILBOX 314                            

         ARLINGTON, VIRGINIA 22202-4600
MAIL-IT REQUESTED: NOVEMBER 13, 2003                        10083K

 

        CLIENT:

       LIBRARY: NEWS

          FILE: US

 

YOUR SEARCH REQUEST AT THE TIME THIS MAIL-IT WAS REQUESTED:

 NOCAPS(LASERSCOPE)

 AND NOT COM

 

NUMBER OF STORIES FOUND WITH YOUR REQUEST THROUGH:

      LEVEL   1...     107   LEVEL   2...      20

 

LEVEL    2 PRINTED

 

DISPLAY FORMAT: KWIC

 

MULTIPLE DOCUMENTS ON A PAGE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEND TO: EULIN, INGRID

         TRADEMARK LAW LIBRARY

         2101 CRYSTAL PLAZA ARC

         MAILBOX 314

         ARLINGTON VIRGINIA 22202-4600

 

 

 

**********************************00181**********************************



Copyright 2001 Associated Press  

Associated Press Online

 

November 27, 2001 Tuesday

 

SECTION: INTERNATIONAL NEWS 

 

LENGTH: 875 words 

 

HEADLINE: N. Alliance Says Revolt Crushed 

 

BYLINE: BURT HERMAN; Associated Press Writer 

 

DATELINE: MAZAR-E-SHARIF, Afghanistan 

 

BODY:

 

   ... appeared to be British moved in and out of the fort, some carrying Kalashnikov assault rifles, others toting guns fitted with laserscopes and making calls with specialized communication equipment. 

 

   Razim, the northern alliance official, declined to say how many Taliban captives were ...


 

 

 

 

 

Copyright 2001 Associated Press

 

All Rights Reserved

 

These materials may not be republished without the express written consent of The Associated Press 

 

November 27, 2001, Tuesday, BC cycle

 

SECTION: International News 

 

LENGTH: 875 words 

 

HEADLINE: Northern alliance fighters claim to put down uprising by Taliban prisoners 

 

BYLINE: By BURT HERMAN, Associated Press Writer 

 

DATELINE: MAZAR-E-SHARIF, Afghanistan 

 

BODY:

 

   ... appeared to be British moved in and out of the fort, some carrying Kalashnikov assault rifles, others toting guns fitted with laserscopes and making calls with specialized communication equipment. 

 

   Razim, the northern alliance official, declined to say how many Taliban captives were ...



 

 

 

 

 

Copyright 1997 Medical Data International, Inc.   

Medical Industry Today

 

February 12, 1997, Wednesday

 

SECTION: FINANCIAL NEWS 

 

LENGTH: 636 words 

 

HEADLINE: Medical Alliance Builds Momentum, Vows to Hold in '97 

 

BODY:

 

   ... 3 million fully diluted shares. 

 

   The company made several key agreements during the year including an alliance with laserscope to develop the office-based vascular lesions market to treat leg and facial veins. Medical Alliance was named the exclusive mobile ...


 

 

 

 

 

Copyright 1996 Business Wire, Inc.   

Business Wire

 

April 30, 1996, Tuesday

 

DISTRIBUTION: Business Editors, Health Writers 

 

LENGTH: 1276 words 

 

HEADLINE: Laserscope reports first quarter results; company reports net income of 2 cents per share 

 

DATELINE:  SAN JOSE, Calif. 

 

BODY:

 

   ... force and serves 20 other countries in Europe, the Middle East and the Asia-Pacific region through regional distributors.  -0-

 

                      laserscope Financial Summary

                             (Unaudited)

 

Condensed Consolidated Statements of Income

(thousands except per share amounts)        Three months ended

                                                  ...


 

 

 

 

 

Copyright 1995 Business Wire, Inc.   

Business Wire

 

January 31, 1995, Tuesday

 

DISTRIBUTION: Business Editors

 

LENGTH: 1382 words 

 

HEADLINE: Laserscope reports fourth quarter and year end results; fourth quarter is most profitable quarter in three years 

 

DATELINE: SAN JOSE, Calif. 

 

BODY:

 

   ... own direct sales force and through exclusive distributor arrangements in Europe, Asia, the Middle East and the Pacific Rim. 

 

   -0-

 

                  laserscope Financial Summary

               (Thousands except per share amounts)

 

Condensed Consolidated Statement of Operations

 

                               Quarter ended          Year ended

                            ...


 

 

 

 

 

Copyright 1994 Business Wire, Inc.   

Business Wire

 

October 25, 1994, Tuesday

 

DISTRIBUTION: Business Editors 

 

LENGTH: 1126 words 

 

HEADLINE: Laserscope announces third quarter results 

 

DATELINE: SAN JOSE, Calif. 

 

BODY:

 

   ... filings with the U.S. Securities and Exchange Commission (SEC). Copies of such disclosures are available upon request from Laserscope's Investor Relations Department. 

 

   -0-

 

                     laserscope Financial Summary

          (Thousands except per share amounts and percentages)

 

Statement of Operations Data

 

                                Quarter ended      Nine months  ...


 

 

 

 

 

Copyright 1993 Business Wire, Inc.   

Business Wire October 12, 1993, Tuesday

 

DISTRIBUTION: Business Editors & High Technology Writers 

 

LENGTH: 1037 words 

 

HEADLINE: Laserscope announces third quarter results 

 

DATELINE: SAN JOSE, Calif. 

 

BODY:

 

   ... direct sales force and through exclusive distributor arrangements in Japan, Taiwan, South Korea, Australia, Singapore, and Europe.  -0-

 

                        laserscope Financial Summary

           (Thousands, except per share amounts and percentages)

                               (unaudited)

 

                      Statements of Operations Data

 

                               Quarter Ended          Nine  ...


 

 

 

 

 

Copyright 1992 The New York Times Company: Abstracts  

Information Bank Abstracts  

 

WALL STREET JOURNAL

 

July 28, 1992, Tuesday

 

SECTION: Section B; Page 7, Column 6 

 

LENGTH: 24 words 

 

HEADLINE: WHO'S NEWS 

 

ABSTRACT:

Robert v mccormick is named chief executive officer and director of laserscope; he succeeds rodney perkins, who will continue as chairman (S)


 

 

 

 

 

Copyright 1991 Gannett Company, Inc.   

USA TODAY

 

December 24, 1991, Tuesday, FINAL EDITION

 

SECTION: LIFE; Pg. 3D 

 

LENGTH: 146 words 

 

HEADLINE: Boyd Matson's hard-driving side

 

BODY:

 

   ... mention is that car.'' 

 

   In that car, Matson has interviewed the likes of Willie Nelson and Hunter S. Thompson, who fired a laserscope-equipped automatic rifle from the front seat. 

 

   Matson adds, ''We also use it to go down to the Pizza Hut with the kids.''


 

 

 

 

 

Copyright 1991 Business Wire Inc.   

Business Wire

 

September 20, 1991, Friday

 

DISTRIBUTION: Business Editors 

 

LENGTH: 262 words 

 

HEADLINE: Corporate Profile for Arrhythmia Technologies Inc., dated Friday, Sept. 20 

 

DATELINE: CALIFORNIA 

 

BODY:

 

   ... vice president at Laserscope. Robbins has 24 years experience in the medical device business, and was instrumental in building laserscope from $1 million in sales to over $50 million in four years. 

 

   The senior management team is completed by ...


 

 

 

 

 

Copyright 1991 PR Newswire Association, Inc.   

PR Newswire

 

April 17, 1991, Wednesday

 

SECTION: Financial News 

 

DISTRIBUTION: TO BUSINESS AND MEDICAL AND TECHNOLOGY EDITORS 

 

LENGTH: 1040 words 

 

HEADLINE: LASERSCOPE ANNOUNCES FIRST QUARTER RESULTS 

 

DATELINE: SAN JOSE, Calif., April 17 

 

KEYWORD: bc-laserscope-results  

 

SUBJECT: bc-laserscope-results   PRESS RELEASES (92%); COMPANY EARNINGS (92%); FINANCIAL RESULTS (91%); INCOME TAX (90%); TAXES & TAXATION (  ...



 

 

 

 

 

Copyright 1991 Business Wire Inc.   

Business Wire

 

January 23, 1991, Wednesday

 

DISTRIBUTION: Business Editors/Medical Writers 

 

LENGTH: 1358 words 

 

HEADLINE: Laserscope announces year-end financial results 

 

DATELINE: SAN JOSE, Calif. 

 

BODY:

 

   ... titanyl phosphate) crystalline material and enable surgeons to cut, coagulate and vaporize tissue in the widest variety of applications and procedures. 

 

   -0-

 

                          laserscope

                       Financial Summary

     (Dollars in thousands, except per share amounts and percentages)

 

Income Statement Data:

                                               Quarter Ended

                                             ...


 

 

 

 

 

Copyright 1990 The New York Times Company  

The New York Times

 

December 12, 1990, Wednesday, Late Edition - Final

 

NAME: Hunter S. Thompson 

 

SECTION: Section C; Page 15; Column 4; Cultural Desk 

 

LENGTH: 1931 words 

 

HEADLINE: That Rara Avis at Owl Farm 

 

BYLINE: By ROGER COHEN, Special to The New York Times 

 

DATELINE: WOODY CREEK, Colo. 

 

BODY:

 

   ... control panels. He is likely to greet a visitor by showing off a particularly fine assault rifle with a laserscope that projects a small red light onto the point where the bullet will hit, and asking: 

 

   "How do you think it would feel to see that ...



 

 

 

 

 

Copyright 1990 Business Wire Inc.   

Business Wire

 

April 19, 1990, Thursday

 

DISTRIBUTION: Business Editors and Medical Writers 

 

LENGTH: 1164 words 

 

HEADLINE: Laserscope reports first quarter results 

 

DATELINE: SAN JOSE, Calif. 

 

BODY:

 

   ... KTP crystalline material, and enable the surgeon to cut, coagulate and vaporize tissue in a wide variety of applications and procedures. 

 

   -0-

 

                           laserscope

                       Financial Summary

       (Thousands except per share amounts and percentages)

 

STATEMENT OF OPERATIONS DATA  

                                               Quarter Ended

                                                 March 31

                                              ...


 

 

 

 

 

Copyright 1988 The Washington Post  

The Washington Post

 

October 1, 1988, Saturday, Final Edition

 

SECTION: METRO; PAGE B1 

 

LENGTH: 619 words 

 

HEADLINE: Suspected L.A. Gang Member Among 7 Arrested at Va. Flat 

 

BYLINE: Caryle Murphy, Washington Post Staff Writer 

 

BODY:

 

   ... testified that since March, Summers has illegally bought at least 10 sophisticated weapons, including one equipped with a laserscope, at Maryland gun shops. Summers was charged with firearms violations in an indictment handed up last week ...


 

 

 

 

 

Copyright 1984 Business Wire, Inc  

Business Wire January 11, 1984, Wednesday

 

DISTRIBUTION: City Desks, Medical Writers 

 

LENGTH: 336 words 

 

HEADLINE: ST-MARY'S-HOSPITAL; Dr. Garrett Lee appo)nted to heart research program 

 

DATELINE: SAN FRANCISCO 

 

BODY:

 

   ... 37, assumes the position of research director at the Western Heart Institute. He will continue his pioneering work in development of the ''laserscope,'' a catheter probe which utilizes a laser beam to open clogged blood vessels.

 

     ... Davis, with a subspecialty in cardiology. 

 

   Lee [TEXT OMITTED FROM SOURCE] of a miniaturized fiber optic system called the ''laserscope,'' which will soon permit physicians to inspect human arteries visually and vaporize fatty deposits blocking vessels. 

 

   The so-called '' ... 

 

   ... on an outpatient basis at lower risk and with great savings in time and money. 

 

   Lee's work on the laserscope has opened an exiciting new chapter in heart care and St. Mary's is very pleased to have him join our Heart Institute,'' Metcalfe ...


 

 

 

 

 

Copyright 1984 Business Wire, Inc  

Business Wire

 

January 11, 1984, Wednesday

 

DISTRIBUTION: City Desks, Medical Writers 

 

LENGTH: 350 words 

 

HEADLINE: ST-MARY'S-HOSPITAL-2; Dr. Garrett Lee appointed to heart research program 

 

DATELINE: SAN FRANCISCO 

 

BODY:

 

   ... 37, assumes the position of research director at the Western Heart Institute. He will continue his pioneering work in development of the ''laserscope,'' a catheter probe which utilizes a laser beam to open clogged blood vessels.

 

    ... Davis, with a subspecialty in cardiology. 

 

   Lee is working on the development of a miniaturized fiber optic system called the ''laserscope,'' which will soon permit physicians to inspect human arteries visually and vaporize fatty deposits blocking vessels. 

 

   The so-called '' ... 

 

   ... on an outpatient basis at lower risk and with great savings in time and money. 

 

   Lee's work on the laserscope has opened an exiciting new chapter in heart care and St. Mary's is very pleased to have him join our Heart Institute, Metcalfe ...


 

 

 

 

 

Copyright 1983 The New York Times Company  

The New York Times

 

January 2, 1983, Sunday, Late City Final Edition

 

SECTION: Section 1; Part 1; Page 25, Column 1; National Desk 

 

LENGTH: 672 words 

 

   - Medical lasers. Laboratory experiments continue on the laserscope, in which light is transmitted through fiber optics in a catheter. Already a new type of laser is being ...


 

 

 

 

 

Copyright 1982 The New York Times Company  

The New York Times

 

December 1, 1982, Wednesday, Late City Final Edition

 

SECTION: Section D; Page 19, Column 3; Financial Desk 

 

LENGTH: 783 words 

 

HEADLINE: Advertising;

Discover Magazine's Attraction 

 

BYLINE: By Eric Pace 

 

   ... painting of an artery, enormously and rather gaudily magnified, with the unflinching caption: ''Cutaway view of an artery being treated with the laserscope; the balloon behind the catheter tip is inflated to halt the flow of blood.'' 

 

   Gee whiz!



 

 

 

 

 

Copyright 1982 Associated Press

 

All Rights Reserved

 

These materials may not be republished without the express written consent of The Associated Press 

 

September 23, 1982, Thursday, AM cycle

 

SECTION: Domestic News 

 

LENGTH: 498 words 

 

DATELINE: DAVIS, Calif. 

 

BODY:

 

   ... year. 

 

   The university has applied for a patent and a contract has been signed with Trimedyne Inc., of Arlington Heights, Ill., to develop the laserscope. 

 

   The one on display Wednesday is the only one of its kind and was produced at a cost of $500,000, said Marvin Loeb, ...

 

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