Biolase to Sell Waterlase in Korea

SAN CLEMENTE, Calif., Sept. 6 -- Biolase Technology Inc. has won approval to sell its Waterlase hard and soft tissue lasers in South Korea.

Biolase's Korean distributor, Daemyung Medi-Tech Co. Ltd. will be working with over 20 subdistributors to sell the Waterlase. Daemyung is committed to purchasing a minimum of 15 Waterlase systems before year-end, and sales are projected to exceed $1,000,000 in 2002. Keith G. Bateman, Biolase vice president of global sales, said, "There are over 16,000 dentists in Korea, with 60 percent of those in private practice. Historically, Korean dentists have been significantly more receptive to dental laser technology than other countries."