Medical Laser features dual port output.

Press Release Summary:



In addition to graphical touchscreen interface that facilitates operation, IQ 532(TM) features dual port laser output and connectivity that permits exchange of multiple delivery devices with one touch. This 532 nm laser system is suited for use by ophthalmologists to treat sight-threatening eye diseases as well as otolaryngologists to correct types of conductive hearing loss.



Original Press Release:



IRIDEX Announces First Commercial Shipment of New IQ 532(TM) Laser Systems



Second New Laser Introduced within One Year Based on Common Platform

MOUNTAIN VIEW, Calif. -- IRIDEX Corporation, (NASDAQ:IRIX) today announced the commencement of commercial shipment of the IQ 532 laser systems. The IQ 532 is a high-power, 532 nm, dual port multi-purpose laser system for use by ophthalmologists to treat sight-threatening eye diseases such as diabetic retinopathy, age-related macular degeneration and glaucoma; and for use by otolaryngologists to correct certain types of conductive hearing loss.

"The time and effort we invested to perfect our core system platform and obtain regulatory approval for a family of laser products has made it possible to introduce the IQ 532 green laser within one year of shipping the IQ 577 yellow laser," commented Theodore A. Boutacoff, President and Chief Executive Officer of IRIDEX. "Continuing with this platform approach, we look forward to the timely introduction of additional systems currently under development."

As with the IQ 577, the IQ 532 features dual port laser output as well as a graphic, touchscreen interface. Dual port connectivity provides the physician with the added convenience and efficiency by permitting the exchange of multiple delivery devices with one-touch speed and simplicity. Setup and use of the IQ 532 system for surgery is quick, easy and intuitive, thanks to its superior ergonomics and user interface.

About IRIDEX

IRIDEX Corporation was founded in 1989 and is a worldwide leader in developing, manufacturing, and marketing innovative and versatile laser-based medical systems and delivery devices. We provide solutions for multiple specialties, including ophthalmology, dermatology and otolaryngology. We maintain a deep commitment to the success of our customers, with comprehensive technical, clinical, and service support programs. IRIDEX is dedicated to a standard of excellence, offering superior technology for superior results. IRIDEX products are sold in the United States through a direct sales force and internationally through a combination of a direct sales force and a network of approximately 100 independent distributors into 107 countries. For further information, visit the Company's website at http://www.iridex.com/.

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