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 Reuter
Number of Employees 296
Contact Information

3070 Orchard Dr

San Jose, California 95134

www.laserscope....

1 408 943 0636

NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510

News & Analysis

company and laserscope - All News and Analysis

  • Laserscope Comments On Appointment of New CEO

    - 1999-06-22

    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...

    Tags: Company, Laserscope

  • Laserscope Announces the Appointment of Eric Reuter as President and CEO

    - 1999-06-11

    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...

    Tags: Company, Laserscope

  • Laserscope Announces Preliminary Second Quarter 1998 Results

    - 1998-07-20

    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...

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  • Laserscope Announces Sale of Limited Number of Shares of Common Stock by Heraeus Med

    - 1998-03-03

    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...

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  • Laserscope Reports Fourth Quarter and Year-End 1997 Results

    - 1998-02-19

    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...

    Tags: Company, Laserscope

  • Laserscope Reports Fourth Quarter and Year End Results

    - 1996-01-30

    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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