Published:
BIOLASE Receives Notice of Compliance From NASDAQ; Trading Symbol Restored to "BLTI" Effective October 6, 2005
BIOLASE Technology, Inc. (NASDAQ: BLTI), a
medical technology company that develops, manufactures and markets lasers
and related products focused on technologies for improved applications and
procedures in dentistry and medicine, announced today that it received
notice from The NASDAQ Stock Market that the Company has evidenced
compliance with all requirements for continued listing on the NASDAQ
National Market and that effective at the market open on October 6, 2005,
the Company's trading symbol has been restored to "BLTI."
The Company previously announced that it received notices of potential
delisting due to the failure to timely file its fiscal 2004 Annual Report
on Form 10-K (the "2004 Form 10-K") and its Quarterly Reports on Form 10-Q
for the first and second fiscal quarters of 2005 (collectively, the "First
and Second Quarter 10-Qs"). The Company filed the 2004 Form 10-K on July
19, 2005 and the First and Second Quarter 10-Qs on September 30, 2005 and
is now current with respect to its required Securities and Exchange
Commission filings. Accordingly, NASDAQ has closed its file on the matter.
About BIOLASE
BIOLASE Technology, Inc. (http://www.biolase.com) is a medical technology
company that designs, manufactures and markets proprietary dental laser
systems that allow dentists, oral surgeons and other specialists to perform
a broad range of common dental procedures, including cosmetic applications.
The Company's products incorporate patented and patent pending technologies
focused on reducing pain and improving clinical results. The Waterlase®
system uses a patented combination of water and laser to precisely cut hard
tissue, such as bone and teeth, and soft tissue, such as gums, with minimal
or no damage to surrounding tissue. The company also offers the
LaserSmile(TM) system, which uses a laser to perform soft tissue and
cosmetic procedures, including tooth whitening.
This press release may contain forward-looking statements within the
meaning of safe harbor provided by the Securities Reform Act of 1995 that
are based on the current expectations and estimates by our management.
These forward-looking statements can be identified through the use of words
such as "anticipates," "expects," "intends," "plans," "believes," "seeks,"
"estimates," "may," "will," and variations of these words or similar
expressions. Forward-looking statements are based on management's current,
preliminary expectations and are subject to risks, uncertainties and other
factors which may cause the Company's actual results to differ materially
from the statements contained herein, and are described in the Company's
reports it files with the Securities and Exchange Commission, including its
annual and quarterly reports. No undue reliance should be placed on
forward-looking statements. Such information is subject to change, and we
undertake no obligation to update such statements.
For further information, please contact: Robert E. Grant, President & CEO,
John W. Hohener, Executive Vice President and CFO, Scott Jorgensen,
Director of Finance & Investor Relations, of BIOLASE Technology, Inc.,
+1-949-361-1200.
Distributed by Market Wire
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Medical and Healthcare:HealthandNutrition, MedicalandHealthcare:Healthcare, MedicalandHealthcare:MedicalDevices, PharmaceuticalsandBiotech:EquipmentandSupplies, ,NASDAQ01,NASDAQ01,CA,SAN CLEMENTE, CA
_ _Is your favorite bookmark site missing?
Ask for it.