Applisonix Announces Breakthrough in Ultrasound Technology for Hair Removal - Average Hair Reduction of 38% Following Initial Treatment

Applisonix' co-CEOs, Mr. Alon Goren and Mr. Uri Amir, stated that the test results indicate that the technology developed by Applisonix can be safely and effectively implemented for men and women. Mr. Goren estimates that compared to commercially available long-term hair removal solutions, Applisonix' solutions are planned to be safer, less painful, more affordable, and applicable to all hair and skin tones, Mr. Amir added that the company intends to launch its first device, Selectif(TM), in the first quarter of 2009, as planned.

Applisonix conducted tests on men and women for a period of several months. The test results were examined by Prof. Kassuto (Milan, Italy), an external, independent, internationally recognized expert. Prof. Kassuto verified and evaluated the findings and concluded that the new technology's efficacy is similar to the efficacy of the top commercial light based systems, and without any side effects, and regardless of hair and skin color.

In addition, it appears from Prof. Kassuto's review, that following the initial treatment using the prototype and Applisonix' technology (IMPRESA(TM)), there was an average 38% hair reduction, compared to the controlled area, which was not treated. The treatment was given to 36 people, men and women, with different hair colors and skin tones, and the results were statistically significant.

These results reflect the new technology's capability of competing with expensive professional light-based systems. From studies published in this field, it seems that with most light based systems, one treatment can reduce the hair count by 10%-40%, thus the results position Applisonix' technology within the highest level of hair removal technologies.

Prof. Yitzhak Peterburg, Applisonix' chairman, stated that this breakthrough paves the road for Applisonix to join the leading aesthetic companies in the world in the hair removal market. "Applisonix", added Peterburg "presents a combination of an innovative, exciting technology, a huge potential market, and impressive execution capabilities."

    For further information please contact:
    Israel:                       USA:
    Alon Goren - Co-CEO           Yossi Aloni - VP Marketing and Business
    Uri Amir - Co-CEO                           Development
    +972(8)936-3604               +1-858-427-5279

SOURCE Applisonix Ltd.

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