QPC Ships 2,000th Varicose Vein Treatment Laser
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SYLMAR, CA, May 9, 2007 – QPC Lasers, Inc. (OTCBB: QPCI) “QPC,” today announced that it has shipped to a leading medical equipment manufacturer its 2,000th high-brightness semiconductor laser used for varicose vein treatment. The Company continues to receive new orders and has made monthly shipments of this product since 2005. This product is part of QPC’s First Generation line – separate and in addition to the $2 million medical module order backlog the Company announced in March as part of its Second Generation product line.
Dr. Paul Rudy, the Company’s Senior Vice President for Marketing and Sales, said “We are pleased that our customer has reported to us that it has reduced its field failure rate to zero compared with a higher field failure rate prior to using QPC lasers. Two thousand varicose vein lasers shipped with 100 percent end customer field acceptance is an exciting company milestone and reflects positively on the quality and reliability of our products. We are proud to be reporting early and growing success in multiple medical product lines, and we intend to continue to capture increasing market share in this important sector.”
The QPC lasers are custom designed for the medical equipment manufacturer. Varicose vein treatment requires a high-brightness laser that can be highly focused and delivered into the vein through a narrow optical fiber. When the laser is powered on, the varicose vein is heat treated and eliminated. The procedure offers significant advantages over the expensive and painful traditional stripping procedure which has been the most common treatment in the past.
Potential applications for QPC medical lasers range from dermatology such as wrinkle reduction, hair removal and acne treatment, to therapy for soft tissue and joint injuries, as well as ophthalmology, dental, and enhanced magnetic resonance imaging of lung and brain tissue.
The QPC varicose vein laser is a semiconductor, direct-diode laser that utilizes high- brightness chip technology. For more information about QPC’s high brightness medical laser products from 780 – 2000 nm, please visit www.QPClasers.com.
Forward Looking Statements
This release and other materials released by the Company from time to time contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Company's management as well as estimates and assumptions made by the Company's management. When used in the materials the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to the Company or the Company's management identify forward looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the sections of the Company's reports filed with the Securities and Exchange Commission entitled "Risk Factors") relating to the Company's industry, the Company's operations and results of operations and any businesses that may be acquired by the Company. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. The following discussion should be read in conjunction with the Company's reports filed with the Securities and Exchange Commission.
About QPC Lasers, Inc.
QPC Lasers, Inc. (www.QPClasers.com) is a world leader in the development and commercialization of high-brightness, high-power semiconductor lasers for the defense, homeland security, industrial, and medical markets. Founded in the year 2000, QPC is vertically integrated from epitaxy through packaging and performs all critical fabrication processes at its state-of-the-art high-technology facility in the Los Angeles suburb of Sylmar, CA. QPC is a publicly traded U.S. company (OTCBB: QPCI) and is ISO certified.
Contact QPC Lasers, Inc.
818-986-0000
info@QPClasers.com
www.QPClasers.com
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