Posts Tagged ‘thermage’

Thermage Inc Restructures and Unveils New Brands, Websites

Wednesday, January 28th, 2009 by newseditor

Thermage Inc., based locally here in the Bay Area, has been renamed Solta Medical Inc. and the company has unveiled a new logo. Thermage products have also been given a new logo and a new website.

The company acquired fractional laser manufacturer Reliant Technologies (Fraxel) in an $87.5 million cash/stock deal initiated last year, so all fraxel brands are now under the new Solta Medical name as well.

A new ticker symbol can be recognized on the Nasdaq as “SLTM.”

In a recent press release, President and Chief Executive Stephen Fanning commented, “the name and ticker symbol changes are a great start to the New Year and a key milestone in the integration of the acquisition of Reliant Technologies Inc.”

Both Thermage and Fraxel products have launched new websites which feature significant design changes. The sites are more interactive, more user-friendly and show an obvious, stylistic departure from previous website designs.

Thermage and Fraxel: Bay Area Aesthetics Companies Merge

Tuesday, January 20th, 2009 by newseditor

The acquisition of Reliant Technologies (Fraxel) by Thermage Inc. was recently finalized.  The deal was reportedly valued at $66.2 million in cash and stock. Reliant has become been a pillar in the cosmetic surgery market because of the success of Fraxel, its brand of fractional laser technology.

The effectiveness of Fraxel laser technology has made Reliant into a highly profitable company.  Fraxel treatments stimulate collagen growth and resurface skin by penetrating the outer dermis with microscopic laser columns.  The patient’s natural, bodily healing process then promotes skin rejuvenation and collagen growth.

Thermage is known for manufacturing a non-invasive skin treatment that uses radiofrequency technology (CRF) to heat skin, tightening and smoothing problem areas.  The treatment is also said to improve superficial skin characteristics like uneven skin texture and skin tone.