Palomar Moving to New Facility

LEXINGTON, Mass., Aug. 31 -- Palomar Medical Technologies Inc. is moving to from Lexington to Burlington, Mass. Under our new agreement with Massachusetts General Hospital (MGH), their researchers will be working with our scientists on-site at the new location, said Louis P. Valente, chairman and CEO of Palomar. In the new location, we expect to achieve the best results by creating the most productive environment possible as we begin an increased R&D program in-house working with both MGH and the Russian Laser Institute in St. Petersburg.