MISSION VIEJO, Calif., March 20 -- Premier Laser Systems is auctioning off its assets as part of a bankruptcy process. This auction includes an expansive inventory of: lasers, parts, delivery devices, intellectual property and FDA clearances. Applications for these devices and patents include: dental, surgical, veterinary and aesthetics. Premier also has more than fifty 510(k) clearances, and more than 100 issued and pending patents. A sealed bid sale is currently underway, and the deadline for sealed bids is April 26, 2002.