Chromogenex Technologies Ltd (Acquired by Energist Ltd)

Chromogenex Technologies Ltd (Acquired by Energist Ltd) COMPANY UPDATE: During early 2016 the Chromogenex Brand and the iLipo Range of products was acquired by the Energist Ltd based in Swansea South Wales UK (+44 1792 798768 / www.energist.com) ______________________________________________________________________ (Acquired by Energist Ltd) Chromogenex Technologies Ltd is the UK’s leading developer and manufacturer of advanced light and laser technology systems for use in medical and cosmetic procedures. Since its beginnings in 1986, Chromogenex has applied ground-breaking innovations in the laser industry to respond to the dermatological and cosmetic challenges facing medical professionals. Today practitioners worldwide use Chromogenex products to offer safe, effective treatments for a wide range of conditions using non-invasive procedures. These currently include the treatment of vascular and pigmented lesions, psoriasis, vitiligo and acne and well as permanent hair removal, skin rejuvenation and fat reduction. Innovation drives successful growth Chromogenex continues to focus on the high growth export markets of Brazil, the Far East, India and South Africa as well as Europe and North America and Chromogenex predicts its turnover will increase from £6.9m to some £12m this year. This continued rapid growth, despite the current challenging economic climate, follows substantial sales in the USA of our top selling slimming product, iLipo. This safe, non-surgical slimming device was introduced into the North American market just last July and already accounts for over 60% of the company’s total sales. Significant investment in R&D each year enables Chromogenex to remain a market leader. We continue to look to the future. Our new products include a non-invasive facelift device launched last year and a new hair removal product likely to be brought to market in 2012.