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Wednesday, May 12, 2010

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

IRIDEXApril 30, 2010 - IRIDEX Corporation, (Nasdaq: IRIX) 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... IRIDEX's Press Release -