JANUARY 12, 2009--Thermage, Inc. (Hayward, CA) announced that effective today it has changed its corporate name to Solta Medical, Inc. At the open of the NASDAQ exchange this morning, Solta began trading under the symbol SLTM.
The name and ticker symbol changes indicate "a key milestone in the integration of the acquisition of Reliant Technologies, Inc.. The new company combines the industry's two leading brands, Thermage and Fraxel, under a new corporate name that will now form a global leader in aesthetic energy devices," said Stephen J. Fanning, Chairman of the Board, President and CEO. "Solta Medical will focus on providing superior anti-aging solutions for patients and physicians by offering the gold standard of care for tightening, contouring and resurfacing of the skin with Thermage and Fraxel treatments."
Solta Medical also announced the expansion of its industry-exclusive customer loyalty program which allows physicians to lock-in preferred pricing for Thermage and Fraxel treatment tips along with other preferred customer benefits to help physicians grow their practices and increase practice profitability.
"Thermage and Fraxel are the strongest aesthetic device brands available to physicians today," said Suzanne Bruce, MD, dermatologist and President of Suzanne Bruce and Associates in Houston, Texas. "By combining these two brands into one company and expanding the customer loyalty program, Solta Medical is opening a number of new opportunities for doctors to conveniently and cost-effectively access a full suite of safe and effective anti-aging solutions."
Solta Medical offers products to address aging skin under the industry's two premier brands: Thermage and Fraxel. Thermage is a non-invasive radiofrequency procedure for tightening and contouring skin; Fraxel delivers minimally invasive clinical solutions to resurface aging and sun damaged skin. Since 2002, approximately one million Thermage and Fraxel procedures have been performed in nearly 80 countries.
More information:
Solta Medical's new website
Article, Battle of the fractionals' heats up in dermatology
Posted by Barbara G. Goode, [email protected].