(Source: MARKETWIRE)

Syneron Medical Ltd. (NASDAQ: ELOS) today announced that its board
of directors has approved an amendment to the Rights Agreement by and
between Syneron Medical Ltd. and American Stock Transfer & Trust
Company, LLC, dated November 11, 2008. The amendment: (i) extends the
final expiration date of the rights to purchase ordinary shares of
the company issued pursuant to the Rights Agreement to November 30,
2010, and (ii) effective upon the consummation of the transactions
contemplated by the Agreement and Plan of Merger, dated as of
September 8, 2009, among the company, Syneron Acquisition Sub, Inc.
and Candela Corporation, amends the Rights Agreement to provide that
each right shall entitle the holder thereof to purchase from the
company one and a quarter (1.25) ordinary shares at a price of $0.01
per ordinary share, subject to adjustment in accordance with the
terms of the Rights Agreement. No other terms of the Rights Agreement
are modified by the amendment. Prior to the amendment, the final
expiration date of the Rights was November 9, 2009, and each right
entitled the holder thereof to purchase from the company two (2)
ordinary shares at a price of $0.01 per ordinary share.
About Syneron Medical Ltd.
Syneron Medical Ltd. (NASDAQ: ELOS) manufactures and distributes
medical aesthetic devices that are powered by the proprietary,
patented elos combined-energy technology of Bi-Polar Radio Frequency
and Light. The Company's innovative elos technology provides the
foundation for highly effective, safe and cost-effective systems that
enable physicians to provide advanced solutions for a broad range of
medical-aesthetic applications including hair removal, wrinkle
reduction, rejuvenating the skin's appearance through the treatment
of superficial benign vascular and pigmented lesions, and the
treatment of acne, leg veins and cellulite. Founded in 2000, the
corporate, R&D, and manufacturing headquarters for Syneron Medical
Ltd. are located in Israel. Syneron has offices and distributors
throughout the world, including North American headquarters in
Irvine, CA, and Asia-Pacific headquarters in Hong Kong, which provide
sales, service and support. Additional information can be found at
"http://www.syneron.com."
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995
relating to future events or our future performance. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied in those forward-looking statements. These risks
and other factors are summarized under the heading "Risk Factors" in
our Annual Report on Form 20-F for the year ended December 31, 2008,
filed with the Securities and Exchange Commission on March 24, 2009.
These factors are updated from time to time through the filing of
reports and registration statements with the Securities and Exchange
Commission. We do not assume any obligation to update the
forward-looking information contained in this press release.
Syneron, the Syneron logo, and elos are trademarks of Syneron Medical
Ltd. and may be registered in certain jurisdictions. Elos
(Electro-Optical Synergy) is a proprietary technology of Syneron
Medical. All other names are the property of their respective owners.
Syneron Contacts:
Fabian Tenenbaum
Chief Financial Officer
+ 972 73 244 2283
email: Email Contact
Judith Kleinman
VP Investor Relations
+972 54 646 1688
email: Email Contact
SOURCE: Syneron Medical Ltd.
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