IRVINE, CA -- (Marketwire) -- 10/09/08 -- BIOLASE Technology, Inc. (NASDAQ: BLTI), the
world's leading dental laser company, announced today that it has named
veteran medical sales and marketing executive William E. Brown, as Vice
President, International, effective immediately. Brown will be responsible
for all international sales and distribution, with an immediate emphasis on
implementing newly developed sales and marketing strategies and tactics
across the Company's international dental markets.
Brown has spent the past six years with BIOLASE, most recently serving as
Vice President, Global Marketing. He has more than 30 years of experience
in global medical/dental companies, with an emphasis in lasers.
Chief Executive Officer Jake St. Philip said, "New leadership in
international is an important step in rebuilding consistent growth with our
international partners, and Bill is the ideal choice to help drive that
growth. He has a proven track record and brings an in-depth understanding
of the global dental laser market and the needs of our customers and
distributors. We are committed to building a growing and more consistent
revenue stream from our international business, and we look forward to
working with Bill in that endeavor."
St. Philip said that he and the Company's senior management team, including
Brown, have been on the ground in international markets assessing the
organizations, working with international partners and developing expansion
plans. "Given the current economic uncertainty, we viewed our continued
year-over-year growth in the third quarter as solid progress," St. Philip
added, "but we still have some work to do in international and are pleased
to have the leadership to get it done."
St. Philip also said that as the Company enters the fourth quarter it has a
strong cash position and a strong exclusive domestic distribution partner,
Henry Schein, Inc. (NASDAQ: HSIC), whose financing arm is helping to shield
its customers from the current tight credit environment.
Brown was a co-founder of Kreativ, Inc., an international high tech dental
equipment company, where he served from 1995 to 1999 in increasingly
responsible positions including Senior VP of Marketing and CEO. Following
the acquisition in 1999 by Welch-Allyn, Inc., he served as Director of New
Product Development for Welch-Allyn Kreativ and member of the Board of
Directors until 2002.