Candela Appoints Vice President of Human Resources and Vice President of European Direct Sales and Marketing.WAYLAND, Mass. -- Candela cd Corporation (NASDAQ: CLZR) announced today that it has appointed Ms. Nancy L. Compton to the position of Vice President of Human Resources, and Mr. Javier Rodriguez to the position of Vice President of European Direct Sales and Marketing. A unit of measurement of luminous flux, equal to the amount of light given out through a solid angle by a source of one candela radiating equally in all directions. Also called candle. Ms. Compton has been with Candela for six years and possesses more than 25 years of experience in the Generalist Human Resources Field. During her tenure at the company, Ms. Compton has held the increasingly responsible positions of Manager, Director, and Senior Director of Human Resources. Prior to joining Candela, she worked as Human Resource Director at Aero Plastics in Leominster, MA and at Hudson Creek/Lance Corporation in Hudson, MA. Nancy attended Clark University Clark University, at Worcester, Mass.; coeducational; chartered 1887, opened as a graduate school 1889. It was the second graduate school to be formed in the United States. Its undergraduate college (est. 1902) was integrated with the university in 1920. Clark has noted graduate schools of psychology, management, and geography and maintains institutes of urban education and environmental studies. and holds her PHR (Professional Human Resource) Certification from the Society for Human Resource Management. Mr. Rodriguez joined Candela Iberica four years ago and during this time has held the increasingly responsible positions of Sales Manager, Sales and Marketing Manager, and General Manager. In his new position, Mr, Rodriguez will be responsible for the management of the sales and marketing organizations in all of Candela's direct European offices, including France, Germany, Italy, Portugal and Spain. Mr. Rodriguez is a graduate of the Polytechnic University of Madrid and holds a degree in Technical Engineering. Prior to joining Candela, Mr. Rodriguez held several sales and marketing management positions with medical companies in Spain. Commenting on these appointments, Gerard E. Puorro, Candela's President and Chief Executive Officer, said: "These promotions are well deserved. Both of these individuals have performed at a high level. Further, both possess the skill set to continue such performance as we become a larger company." About Candela: Candela Corporation develops, manufactures, and distributes innovative clinical solutions that enable physicians, surgeons, and personal care practitioners to treat selected cosmetic and medical conditions using lasers, aesthetic laser systems, and other advanced technologies. Founded near Boston in 1970, the company markets and services its products in over 64 countries from offices in the United States, Europe, Japan and other Asian locations. Candela established the aesthetic laser market 15 years ago, and currently has an installed base of over 7,000 lasers worldwide. Candela is an Equal Opportunity and Affirmative Action Employer (Male/Female/Handicapped/Veteran). Visit Candela on the Web at http://www.candelalaser.com. Safe Harbor Statement: Except for the historical information contained herein, this news release contains forward-looking statements that constitute Candela's current intentions, hopes, beliefs, expectations or predictions of the future, which are therefore inherently subject to risks and uncertainties. Such statements may relate to, among other things, our future revenue, gross margin, and expense levels, our growth prospects, market acceptance of our products, the strength of our distribution channels, our ability to add new products, our ability to expand regulatory approvals and the liquidity of our common stock. The risks and uncertainties that may affect forward-looking statements include, among others: the cancellation or deferral of customer orders, the risk of an adverse judgment in the arbitration proceeding initiated by Candela to determine the respective obligations of Candela on the one hand and the Regents of the University of California on the other hand under their existing license Agreement, dependence on a small number of strategic distribution relationships, difficulties in the timely development and market acceptance of new products, unanticipated increases in expenses, market developments that vary from the current public expectations concerning the growth of the laser industry, increased competitive pressures, changes in economic conditions, or difficulties in obtaining timely regulatory approvals. Further information on factors that could affect Candela's performance is included in Candela's periodic reports filed with the SEC, including but not limited to, Candela's Annual Report on Form 10-K for the year ended June 28, 2003 and subsequent Quarterly Reports on Form 10-Q. Candela cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Candela expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Candela's expectations or any change in events, conditions or circumstances on which any such statement is based. |
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