Candela's New GentleYAG Laser Receives FDA Clearance; Revolutionary Hair Removal Laser Ideal for Darker Skin Types

Business Wire, April 19, 2001

Business Editors and Health/Medical Writers

WAYLAND, Mass.--(BW HealthWire)--April 19, 2001

Candela Corporation (NASDAQ:CLZR) announced today that its new GentleYAG(TM) Nd:YAG long pulse laser has received FDA clearance for hair reduction and the treatment of vascular lesions. The GentleYAG facilitates hair removal in darker skinned patients, including skin types V and VI.

Gerard E. Puorro, Candela's President and CEO, commented: "FDA clearance for the GentleYAG laser is very significant for the laser hair removal market. This is our first laser that completely meets the hair removal needs of darker skinned persons, while being entirely suitable for all skin types. The laser is smaller, lighter, more affordable, and easier to use than what was previously available. It will improve the in-office hair removal capabilities of physicians and other practitioners."

New GentleYAG Completes Candela Hair Removal Laser Family

The GentleYAG rounds out Candela's family of hair reduction lasers, which includes the industry-leading GentleLASE(TM) Plus and the new GentleLASE Limited Edition(TM) (LE) alexandrite lasers, offering permanent hair reduction. Candela President Puorro summed up: "This laser is another sign of Candela's ongoing commitment to providing the market with safe, effective, versatile, and affordable hair removal lasers for a wide variety of patient skin types and practitioner needs."

About Candela: Candela Corporation develops, manufactures, and distributes innovative clinical solutions that enable physicians, surgeons, and personal care practitioners to treat selected cosmetic and medical conditions using aesthetic laser systems and other advanced technologies. Founded near Boston in 1970, the company markets and services its products in over 50 countries from offices in the United States, Europe, and Asia. Candela established the aesthetic laser market 12 years ago, and currently has an installed base of over 4,000 lasers worldwide. Candela is an Equal Opportunity and Affirmative Action Employer, M/F/H/V. For more about Candela, visit the company's web site at www.clzr.com.

Safe Harbor Statement: Except for the historical information contained herein, this news release contains forward-looking statements that constitute Candela's current intentions, hopes, beliefs, expectations or predictions of the future, which are, therefore, inherently subject to risks and uncertainties. Candela's actual results could differ materially from those anticipated in Candela's forward-looking statements based on various factors, including without limitation: cancellation or deferral of customer orders, total dependence on a small number of strategic distribution relationships, difficulties in the timely development and market acceptance of new products, market developments that vary from the current public expectations concerning the growth of the laser industry, increased competitive pressures, or changes in economic conditions. Further information on factors that could affect Candela's performance is included in Candela's periodic reports filed with the SEC, including but not limited to, Candela's Form 10-K (or any amendment thereto) for the year ended July 1, 2000, and subsequent Forms 10-Q. Candela cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Candela expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Candela's expectations or any change in events, conditions or circumstance on which any such statement is based.