BNET Industries
Last Fiscal Year Sales:$127.1M
- Private
- US
Dow Jones Description
Laserscope has all kinds of procedures in its sights. Founded in 1984 and headquartered in San Jose, CA, Laserscope provides laser systems for surgical and cosmetic procedures. The company makes about 300 products for dermatology, urology, ear-nose-throat medicine, cosmetic surgery, obstetrics and gynecology, and photodynamic therapy. They are used for removing varicose veins and unwanted hair, various surgeries, treating prostate problems, and other applications. It sells domestically and internationally, and has distribution arrangements with McKesson. The company had 2005 revenue of about $127.1 million and employs about 300 people. In May 2006, it acquired privately-held InnovaQuartz, a maker and supplier of advanced medical devices.
President & CEO
Eric ReuterNumber of Employees 296
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
News & Analysis
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Laserscope Comments On Appointment of New CEO
SAN JOSE, Calif.--BW HealthWire--June 22, 1999-- Laserscope (Nasdaq:LSCP) today provided additional details about the recent appointment of Eric Reuter as President and CEO. According to Robert J. Pressley, Laserscope Chairman: "The Board's appointment of Eric Reuter as President and CEO represents a refocusing of Laserscope's priorities to more...
Laserscope Announces the Appointment of Eric Reuter as President and CEO
SAN JOSE, Calif.--BW HealthWire--June 11, 1999-- The Board of Directors of Laserscope (Nasdaq:LSCP) today announced the appointment of Eric Reuter as President and CEO. Mr. Reuter was previously Vice President - Research and Development. Laserscope designs, manufactures, sells, and services on a worldwide basis an advanced line of...
Laserscope Announces Preliminary Second Quarter 1998 Results
SAN JOSE, Calif.--BW HealthWire--July 20, 1998--Laserscope (NASDAQ:LSCP) today announced preliminary revenue and earnings estimates for the second quarter ended June 30, 1998. The Company expects revenues for the quarter ended June 30, 1998 to be approximately $13.1 million. The Company said it expects to report a...
Laserscope Announces Sale of Limited Number of Shares of Common Stock by Heraeus Med
SAN JOSE, Calif.--BW HealthWire--March 3, 1998--Laserscope (Nasdaq:LSCP) said today that it has been informed by Heraeus Med GmbH that Heraeus Med has commenced selling a limited number of the 4,609,345 shares of Laserscope stock that it had received in connection with its sale of Heraeus Surgical, Inc. and certain other...
Laserscope Reports Fourth Quarter and Year-End 1997 Results
SAN JOSE, Calif.--BW HealthWire--Feb. 19, 1998--Laserscope (NASDAQ:LSCP) today reported its fourth quarter and year-end financial results for the period ended December 31, 1997. Preliminary results were announced on January 11, 1998. Revenues for the fourth quarter ended December 31, 1997 were $14.7 million, compared to $16.1...
Laserscope Reports Fourth Quarter and Year End Results
SAN JOSE, Calif.--BUSINESS WIRE--Jan. 30, 1996--Laserscope (Nasdaq: LSCP) today announced operating results for the fourth quarter and year ended December 31, 1995.The Company said that product shipment delays and restructuring charges negatively impacted its fourth quarter results.Laserscope said that fourth quarter shipment delays were related to software modifications in its...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Eric Reuter | President & CEO |
| Dennis Lalumandiere | CFO, Vice President, Finance & Secretary |
| Derek Bertocci | CFO & Vice President, Finance |
| Allan Danto | Vice President |
| Ken Arnold | Vice President |
| Kerrick Securda | Vice President, Global Marketing & Business Development |
| Kester Nahen | Vice President |
| Lloyd Diamond | Vice President, Marketing |
| Peter Hadrovic | Vice President, Legal Affairs and General Counsel |
| Robert Mann | Vice President, Global Sales, Marketing |
| Robert Mathews | Vice President, Operations |
| Van Frazier | Vice President |
| William Kelley | Vice President, Intl Sales & Business Development |
| George Clute | |
| James Baumgardt | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert J. Pressley | Chairman |
| Elisha Finney | Board of Directors |
| Robert C. Pearson | Board of Directors |
| Rodney Perkins | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Laserscope | President & CEO | Current |
| Laserscope | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | CFO, Vice President, Finance & Secretary | Current |
| Laserscope | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | CFO & Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Global Marketing & Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Legal Affairs and General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Global Sales, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President | Current |
| Laserscope | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Vice President, Intl Sales & Business Development | Current |
George has over 25 years' experience in the development and financing of emerging growth companies, primarily located in the northwestern United States. He is a founding general partner of OVP Venture Partners (Seattle), the leading institutional venture capital fund based in the northwestern United States with committed capital exceeding US$500 million. Prior experience includes corporate finance and corporate banking positions with The First National Bank of Chicago, Rainier National Bank and with a large equity hedge fund involved in a wide range of investments. George has been involved in the financing of over 200 companies. Historical company involvement includes the following: Advanced Technology Laboratories (acquired); @Mobile (acquired); Coinstar, Inc. (NASDAQ); Data I/O (NASDAQ); Delrina (NASDAQ); Lam Research (NASDAQ); Laserscope (NASDAQ); Logic Automation (acquired); and Xilinx (NASDAQ). George is a past director of numerous companies including Foundstone, Inc. and the Washington Software Alliance and is currently a director of Isothermal Systems Research, Inc. George received his AB and MBA from UCLA.
| Organization | Position | Status |
|---|---|---|
| Banyan Capital Partners | Managing Director | Current |
| OVP Venture Partners | General Partner | Current |
| Foundstone | Past Director | Current |
| Data I/O Corporation | Current | |
| Coinstar, Inc. | Current | |
| The First National Bank of Chicago | Current | |
| Lam Research Corporation | Current | |
| Spraycool | Current | |
| Laserscope | Current | |
| Xilinx, Inc. | Current | |
| Isothermal Systems Research, Inc. | Director | Current |
| University of California, Los Angeles | MBA | Former |
| University of California, Los Angeles | Ab | Former |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Chairman | Current |
| Laserscope | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Board of Directors | Current |
President of Guidant Foundation, Mr. Baumgardt has also been an investor in Suros Surgical Systems since 2001, and the company's non-executive Chairman. He provided leadership to Suros during its $12 million financing in 2004, which was led by Morgan Stanley Venture Partners.
| Organization | Position | Status |
|---|---|---|
| Twilight Venture Partners, LLC | Partner | Current |
| Rose-Hulman Institute of Technology | Trustee | Current |
| Rose-Hulman Institute of Technology | Board of Directors | Current |
| Laserscope | Director | Current |
| Rose-Hulman Institute of Technology | Trustee | Current |
| Eli Lilly and Company | Executive Director of Business Development | Former |
| Guidant Corporation | Executive Director of Business Development | Former |
| Twilight Venture Partners, LLC | Co-Founder | Former |
| Suros Surgical Systems, Inc. | Non-Executive Chairman | Former |
| Suros Surgical Systems, Inc. | Investor | Former |
| Butler University | Masters of Business Administration | Former |
| Rose-Hulman Institute of Technology | Bachelor of Science In Chemical Engineering | Former |
Robert C. Pearson, joined RENN Group in April of 1997 and is Senior Vice President-Investments. He is also Vice-President of the Fund. Mr. Pearson brings more than thirty years of experience to RENN Group's corporate finance function. From May 1994 to May 1997, Mr. Pearson was an independent financial management consultant. From May 1990 to May 1994, he served as Chief Financial Officer and Executive Vice President of Thomas Group Inc. a management consulting firm, where he was instrumental in moving small privately held company from start-up to a public company with more than $40 million in revenues. Prior to 1990, Mr. Pearson was responsible for all administrative activities for the Super Conducting Super Collider Laboratory. In addition, from 1960 to 1985, Mr. Pearson served in a variety of positions at Texas Instruments in financial planning and analysis, holding a BS in Business from the University of Maryland and was a W.A. Paton Scholar with an MBA from the University of Michigan. He is director of eOriginal, Inc., Poore Brothers, Inc., Caminosoft Corp., Laserscope, Simtek Corporation, and Advanced Power Technologies, Inc.
| Organization | Position | Status |
|---|---|---|
| Renaissance Capital Group | Senior Vice President, Investments | Current |
| The Renaissance Group LLC | Senior Vice President | Current |
| Renaissance Capital Growth & Income Fund III, Inc. | Vice President | Current |
| The Original Company, Inc. | Board of Directors | Current |
| Advanced Power Technology, Inc. | Board of Directors | Current |
| Vertical Branding, Inc. | Board of Directors | Current |
| The Inventure Group, Inc. | Director | Current |
| Shea Development Corp. | Board of Directors | Current |
| Caminosoft Corp | Board of Directors | Current |
| Laserscope | Board of Directors | Current |
| Eoriginal, Inc. | Director | Current |
| Simtek Corporation | Board of Directors | Current |
| Thomas Group, Inc. | Chief Financial Officer | Former |
| Thomas Group, Inc. | Executive Vice President | Former |
| Internet Marketing Images, Inc. | Senior Vice President, Investments | Former |
| Texas Instruments Incorporated | Vice President Finance | Former |
| Renaissance Capital Group | Vice President of The Fund | Former |
| Laserscope | Director of one private company | Former |
| University of Michigan | W.A. | Former |
| Simtek Corporation | Chairman | Former |
| University of Michigan | Mba | Former |
| University of Maryland | Bs In Business | Former |
| Organization | Position | Status |
|---|---|---|
| Laserscope | Board of Directors | Current |
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