| Business Summary | | Palomar
Medical
Technologies,
Inc.
was
organized
to
design,
manufacture
and
market
lasers,
delivery
systems
and
related
disposable
products
for
use
in
medical
procedures.
The
Company's
exclusive
focus
is
the
use
of
lasers
in
dermatology
and
cosmetic
procedures,
with
an
emphasis
on
laser
hair
removal
and
research
and
development
relating
to
that
and
other
cosmetic
laser
products.
Currently,
the
Company
has
two
operating
subsidiaries:
Palomar
Medical
Products,
Inc.
and
Esthetica
Partners,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Palomar
Medical
Technologies
designs,
manufactures
and
markets
lasers,
delivery
systems
and
related
disposable
products
for
use
in
medical
procedures.
For
the
six
months
ended
6/30/01,
revenues
rose
77%
to
$9.7
million.
Net
loss
applicable
to
Common
and
before
acct.
change
fell
29%
to
$2.7
million.
Revenues
reflect
increased
SLP1000(TM)
shipments.
Lower
loss
was
partially
offset
by
higher
marketing
expenses
and
the
absence
of
a
$3.1
million
gain
on
the
sale
of
a
subsidiary. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Louis Valente, 70 Chairman,
CEO | $270K | Joseph Caruso, 42 Pres,
COO, Sec. | 250K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|