BIOLASE Expands Core Capabilities As It Appoints Three New Board Members With Significant Dental Experience

<br /> BIOLASE Expands Core Capabilities As It Appoints Three New Board Members With Significant Dental Experience<br />

PR Newswire


FOOTHILL RANCH, Calif.

,

Aug. 16, 2021

/PRNewswire/ — Demonstrating a deep commitment to expanding the core capabilities and diversity of its Board of Directors, BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, today announced it has appointed three new board members to its Board of Directors (the “Board”), effective immediately. Drs.

Kathleen T. O’Loughlin

,

Carol Gomez Summerhays

, and

Martha Somerman

join a Board that has been instrumental in establishing and implementing the Company’s business plan, which has demonstrated significant growth over the past several quarters.

“As we embark on an aggressive growth strategy, I am pleased to welcome the new Board members as their extensive experience in dental practice, translational and clinical research, and dental education will be extremely helpful as we continue to execute on the BIOLASE business plan,” commented

Jonathan T. Lord

, M.D., Chairman of the Board of BIOLASE. “We are delighted to have each of these women join our board and look forward to their contributions as we continue to execute on our plan for long-term growth.”

The new Board members are proven leaders and will enable the Company to achieve its growth prospects:

  • Dr.

    Kathleen T. O’Loughlin

    is currently the Executive Director of the American Dental Association and is retiring from the American Dental Association by the end of this year. Previously, Dr. O’Loughlin served as Chief Dental Officer of United Health Group, and from 2002 to 2008 she served as President and Chief Executive Officer of Delta Dental of

    Massachusetts

    . Dr. O’Loughlin serves on the Board of Directors of the American Dental Association and previously served as a Trustee at

    Tufts University

    . Dr. O’Loughlin received her Masters in Public Health from

    Harvard University

    , a Doctor of Dental Medicine, Summa Cum Laude, from

    Tufts University

    , and a B.A from

    Boston University

    .

  • Dr.

    Carol Gomez Summerhays

    is currently the Chair of the Board of Councilors of the

    University of Southern California

    Ostrow School of Dentistry and is a former President of the American Dental Association and President of the California Dental Association. Dr. Summerhays worked in private dental practice from 1982-2015. Dr. Summerhays served in

    the United States

    Navy Dental Corps from 1974 to 1989. Dr. Summerhays received her Doctor of Dental Surgery from

    University of Southern California

    , and B.S. from

    University of San Francisco

    .

  • Dr.

    Martha Somerman

    is the Chief Field Editor of Frontiers in Dental Medicine. She was the Director, National Institute of Dental and Craniofacial Research, National Institutes of Health (NIH) from

    August 2011

    to

    December 2019

    and then served as a senior advisor for NIDCR until her retirement on

    May 31, 2021

    . In addition, she was the Principal Investigator for the Laboratory of Oral Connective Tissue Biology, National Institute of Arthritis and Musculoskeletal and Skin Diseases, NIH, from

    August 2011

    to

    May 31, 2021

    . Her laboratory team focused on identifying factors controlling the development of the periodontal complex and applying this knowledge toward developing strategies to regenerate periodontal tissue lost as a consequence of disease. Prior to becoming NIDCR director, Dr. Somerman was Dean of the

    University of Washington

    School of Dentistry, a position she held since 2002. From 1991 to 2002, Dr. Somerman was on the faculty of the

    University of Michigan

    School of Dentistry where she served as a professor and chair of periodontics/prevention and geriatrics. From 1984 to 1991, Dr. Somerman was on the faculty of the

    University of Maryland

    College of Dental Surgery. Dr. Somerman received a bachelor’s degree in biology and a D.D.S. from

    New York University

    , a Masters in Environmental Health from

    Hunter College

    , and a Ph.D. in Pharmacology from the

    University of Rochester

    . She completed her periodontal residency at the Eastman Dental Center in

    Rochester, New York

    and is a diplomat of the American Board of Periodontology.

In conjunction with the new appointments, Dr.

Michael DiTolla

and

Garrett Sato

(retirement) resigned as members of the Board to pursue other interests. The appointments increase the size of the BIOLASE Board to nine members.

About BIOLASE

BIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine. BIOLASE’s products advance the practice of dentistry and medicine for patients and healthcare professionals. BIOLASE’s proprietary laser products incorporate approximately 271 patented and 40 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times. BIOLASE’s innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients. BIOLASE’s principal products are revolutionary dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. BIOLASE has sold over 41,200 laser systems to date in over 80 countries around the world. Laser products under development address BIOLASE’s core dental market and other adjacent medical and consumer applications.

For updates and information on Waterlase iPlus®, Waterlase Express™, and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Instagram at www.instagram.com/waterlase_laserdentistry, and LinkedIn at www.linkedin.com/company/biolase.

BIOLASE®, Waterlase® and Waterlase iPlus® are registered trademarks of BIOLASE, Inc.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding the anticipated roll out of new go-to-market sales strategies, the Company’s efforts to achieve its goal of becoming EBITDA positive. Forward-looking statements can be identified through the use of words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” and variations of these words or similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect BIOLASE’s current expectations and speak only as of the date of this release. Actual results may differ materially from BIOLASE’s current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described, from time-to-time, in the “Risk Factors” section of BIOLASE’s annual reports filed on Form 10-K with the Securities and Exchange Commission. Except as required by law, BIOLASE does not undertake any responsibility to revise or update any forward-looking statements.

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SOURCE BIOLASE, Inc.