Lawrence NormieYOKNEAM and TEL AVIV, Israel -- ESC Medical Systems Ltd. and Laser Industries Ltd. have announced a merger plan that would create an international heavyweight in the medical laser industry, with $185 million in projected 1997 revenues. Both partners are major players in developing cosmetic and medical laser technology. ESC's pulsed light sources, lasers and other products are used in noninvasive cosmetic medical procedures and other applications in physicians' offices. 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