BNET Industries
Market Cap:$101.6M
Last Fiscal Year Sales:$124.3M
- Public
- US
Dow Jones Description
Cynosure is a leading developer and manufacturer of a broad array of light-based aesthetic and medical treatment systems. Our products are used to provide a diverse range of treatment applications such as hair removal, skin rejuvenation and scar reduction, as well as the treatment of vascular lesions. As a physician or aesthetic business owner, we believe that you will find that aesthetic laser applications are a logical extension of your current service offering. In fact, acquiring the requisite knowledge and capabilities to provide aesthetic laser applications may simply require "tweaking" your existing skill set.
Chief Technology Officer
Rafael SierraNumber of Employees 288
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
Recent Events
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Reportlinker Adds Cosmetic Surgery Procedures and Products - A US and European Market Review
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Romeo and Juliette Laser Hair Removal Is First Center in New York City to Own...
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Cynosure Enhances Industry-Leading Smartlipo Family with 1440 nm Wavelength
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Cynosure Reports Third Quarter 2009 Financial Results
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Canaccord Adams Initiates Coverage on Cynosure CYNO with a Buy
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Cynosure Names Paul Cardarelli Vice President of Business Development
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Insurance coverage for miscellaneous vehicles
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Cynosure Reports Second Quarter 2009 Financial Results
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Cynosure Reports Second Quarter 2009 Financial Results
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CYNO: Multi-Year Funded Cooperative Agreement with Unilever
News & Analysis
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cynosure inc. - All News and Analysis
Cynosure, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Our first question is coming from Anthony Vendetti of the Maxim Group. Anthony Vendetti – Maxim Group Thanks. Good morning guys. Michael R. Davin Good morning, Anthony. Timothy W. Baker Good morning, Anthony. Anthony Vendetti – Maxim Group You had mentioned the sales...
Cynosure Inc. Q4 2008 Earnings Call Transcript
Earnings Call ExcerptCynosure, Inc. CYNO Q4 2008 Earnings Call February 10, 2009; 9:00 am ET Executives Mike Davin - Chairman, President and Chief Executive Officer Tim Baker - Executive Vice President, Chief Financial Officer and Treasurer Scott Solomon - Vice President, Sharon Merrill Associates Analysts Anthony Vendetti - Maxim...
Cynosure Revenues Fall: Disappointing But Expected
Douglas Cress submits: Cynosure CYNO released preliminary fourth quarter results last week: the company expects revenues of $25 million to $26 million; in the same quarter last year, Cynosure reported revenues of $36.6 million. The company had been profitable for eight consecutive quarters, but will report a $2.2 - $2.7...
Cynosure: Little Investor Interest Though Profitable, Growing & Flush With Cash
Douglas Cress submits: Quarterly revenues at Cynosure CYNO, a developer of laser-based aesthetic systems, grew 21% year-over-year, from $31.5 million in Q3 2007 to $38.2 million in the most recent quarter. Second quarter revenues were $39.2 million. Net income for the third quarter of 2008 was $3.2 million compared with...
Cynosure, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Our first question is coming from Matthew Dodds with Citi. Please state your question. Yami Ogencoi – Citi Hi, this actually Yami Ogencoi [ph] from there. Mike Davin Hi Yami. How are you doing? Yami Ogencoi – Citi I'm doing...
Cynosure, Inc., Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, gentlemen. We will now be conducting a question-answer session. Operator Instructions Our first question is coming from the line of Eli Kammerman with Cowen. Please go ahead with your question. Eli Kammerman - Cowen Thank you, and good morning. Mike Davin Morning, Eli. Eli Kammerman...
Cynosure, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions We will go first to Mark Richter at Jefferies & Co. Mark Richter - Jefferies & Co Good morning, guys, and great quarter. Mike Davin Thanks Mark. Mark Richter - Jefferies & Co Other companies in your space have blamed consumer confidence and...
Cynosure to Present at Needham & Company Growth Conference.
M2 PRESSWIRE-5 January 2007-Headline Maker: Cynosure to Present at Needham & Company Growth ConferenceC1994-2007 M2 COMMUNICATIONS LTD RDATE:05012007 Cynosure, Inc. (NASDAQ:CYNO) develops and markets aesthetic laser treatment systems that are used by physicians and other practitioners to perform non-invasive procedures...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Rafael Sierra | Chief Technology Officer |
| Timothy W. Baker | Executive Vice President, Chief Financial Officer and Treasurer |
| David Mackie | Executive Vice President, Operations |
| Douglas J. Delaney | Executive Vice President, Sales |
| Kenji Shimizu | Executive Vice President, Intl |
| Stephen May | Senior Vice President, Global Marketing |
| William T. Kelley | Senior Vice President, Intl Sales |
| H. Travis Lee | Vice President, Global Marketing |
| John F. Lenihan | Vice President, International Distribution |
| Todd K Malan | National Trainer |
| Andrea Cangioli | Director |
| Ettore V. Biagioni | Director |
| Prof Leonardo Masotti | Director |
| Thomas H. Robinson | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George J. Vojta | Chairman |
| Marina Hatsopoulos | Board of Directors |
Dr. Rafael Sierra has been our chief technology officer since May 1997. Sierra has been involved in the laser and fiber optics industries for over 25 years. From 1991 to 1995, he served as director of laser technology at Candela Corporation, a provider of laser and other light-based aesthetic treatment systems. Sierra has been awarded seven patents related to medical devices and methods.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Chief Technology Officer | Current |
Timothy W. Baker Executive Vice President, Chief Financial Officer and Treasurer Timothy Baker has been our executive vice president, chief financial officer and treasurer since March 2004. From July 2003 to February 2004, Baker served as vice president, finance at Stryker Biotech, a division of Stryker Corporation-a medical products and services provider. From July 2000 to June 2003, Baker served as president and chief financial officer at Photoelectron Corp., a provider of miniature x-ray systems for radiation therapy. From January 1996 to July 2000, he served as chief financial officer and vice president of operations at Radionics, Inc., a provider of surgical devices. Baker is a certified public accountant and holds an M.B.A. in operations management.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Executive Vice President, Chief Financial Officer and Treasurer | Current |
| Integra Radionics Inc. | Chief Financial Officer | Former |
| Stryker Biotech LLC | Vice President, Finance | Former |
| Integra Radionics Inc. | Vice President of Operations | Former |
| Cynosure, Inc. | Vice President | Former |
David Mackie has been our vice president, operations since April 2004. From January 2000 to October 2003, Mackie served as senior director of operations at Alcatel-an international telecommunications company-with responsibility for Alcatel's Chelmsford, Massachusetts operations organization.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Executive Vice President, Operations | Current |
| Cynosure, Inc. | Vice President, Operations | Former |
Douglas J. Delaney Executive Vice President, Sales Douglas Delaney has been our executive vice president, sales since February 2005 and has worked in medical laser sales for more than ten years. From May 2004 through February 2005, Delaney was our vice president, North American sales, and from September 2003 through May 2004, he was our director of North American sales. From September 1999 to September 2003, he served as national sales manager at Cutera, Inc.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Executive Vice President, Sales | Current |
| Cynosure, Inc. | Vice President, Sales | Former |
| Cutera, Inc. | National Sales Manager | Former |
Kenji Shimizu has been our senior vice president, international sales since April 1999. During the 20 years prior to joining Cynosure, Shimizu held senior international sales positions at several laser companies.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Executive Vice President, Intl | Current |
| Cynosure, Inc. | Senior Vice President, International Sales | Former |
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Senior Vice President, Global Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Senior Vice President, Intl Sales | Current |
Cynosure, Inc. (Nasdaq: CYNO), a leading developer and manufacturer of a broad array of light-based aesthetic treatment systems, today announced the appointment of H. Travis Lee as vice president of global marketing. Lee will develop and implement worldwide strategic marketing initiatives for all of Cynosure's flagship products, including the Smartlipo MPX, the company's newest system for laser lipolysis, which will debut internationally in the second half of this year. "As a global marketing executive, Travis has produced outstanding results in a career that spans more than two decades and includes two of the medical device industry's leading companies -- Smith & Nephew and Boston Scientific," said Cynosure President and Chief Executive Officer Michael Davin. "Colleagues and co-workers praise his ability to articulate brand value, cultivate strong relationships with key opinion leaders and identify new business opportunities." Lee joined Cynosure from the global medical technology company Smith & Nephew Inc., where he served as global director of marketing for the endoscopy division, with responsibility for two franchises that accounted for more than $300 million in revenue. In addition to building and leading the department, he developed key opinion leaders and integrated them into the division's product development process, and led the efforts behind two significant acquisition targets. Prior to that he worked for more than five years at Boston Scientific Corp., a manufacturer of products for minimally invasive surgical procedures, first as principal product manager in the urology/gynecology division and then as group product manager in the neurovascular division. In this role he had global responsibility for a product line with 70% worldwide market share. In addition, Lee has worked in executive marketing positions for companies including Cell Robotics, Inc., Medasonics, Inc., Xintec Corp. and Heraeus Surgical Inc., which was later acquired by Laserscope. Among his accomplishments at Heraeus Surgical, Lee managed the investigation, implementation and launch of a new CO2 laser system for cosmetic applications that generated more than $10 million in sales in less than six months. He also successfully launched four new capital laser equipment products and more than 10 new disposable and reusable laser accessories in his first year.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Vice President, Global Marketing | Current |
John Lenihan has been our vice president of international distribution since September 2007. From 2001 to August, 2007, Lenihan served as director, international distribution at Cutera, Inc. From 1998 to 2001, he was director of international sales and marketing for Diomed Ltd., a medical laser manufacturer. From 1986 to 1998 he held senior management positions in marketing, sales and oversaw direct distribution offices in Germany, France and Scandinavia as general manager at Coherent Medical.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Vice President, International Distribution | Current |
| Diomed Holdings, Inc. | Director of International Sales and Marketing | Former |
Dr. Malan was the first and is still the most experienced Vaginal Rejuvenation Surgeon in Arizona. Dr. Malan is an instructor for the American Academy of Cosmetic Gynecology, where he teaches his unique rejuvenation procedures to doctors from through-out the United States and Canada. Recently, Dr. Malan was the key-note speaker on Smartlipo for the American Academy of Cosmetic Surgery's annual meeting. Dr. Malan is also a National Trainer and Speaker for Vaser Institute, Wells Johnson as well as Cynosure , and he is the lead physician and researcher for the Smartlipo Institute. As Director of the SMARTLIPO Institute of Scottsdale, Arizona, Todd K. Malan, M.D. has performed more SMARTLIPO procedures than any other surgeon in the United States. Doctors from around the nation travel to Arizona to be trained by Dr. Malan on this procedure. Todd Malan, M.D. founded the Innovative Cosmetic Surgery Center in an effort to assist patients in understanding how advances in minimally invasive surgical techniques could provide them with safer and more reliable options to traditional surgery. As part of that mission, he received further advanced training in Laser liposculpturing and in Laser Vaginal Rejuvenation and Designer Laser Vaginoplasty. These new and exciting body- contouring and rejuvenation procedures provide our patients with the opportunity to eliminate difficult fatty areas, to correct functional problems that prevent a healthy sex life and to improve their self- image. The newly formed Innovative Cosmetic Surgery Center along with our predecessor, the Innovative Cosmetic Surgery Center, is proud to finally empower our patients with knowledge, choice, and alternatives.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | National Trainer | Current |
| Wells Johnson | National Trainer | Current |
| Vaginal Rejuvenation Institute | Current |
| Organization | Position | Status |
|---|---|---|
| The Financial Services Forum | President | Current |
| Estandardsforum | Founder and Chairman | Current |
| Westchester Group, Inc | Founder | Current |
| Urstadt Biddle Properties, Inc. | Operator | Current |
| Northwest Capital Appreciation, Inc. | Current | |
| Cynosure, Inc. | Chairman | Current |
| Westchester Group, Inc | Chairman | Current |
| Antiage Institute | Director | Current |
| Com As U R | Director | Current |
| The Financial Services Forum | Director | Current |
| Urstadt Biddle Properties, Inc. | Director | Current |
| Bankers Trust Company Inc. | Executive Vice President | Former |
| Nca | Senior Operating Partner | Former |
| Cynosure, Inc. | Director | Former |
| Bankers Trust Company Inc. | Vice Chairman of the Board | Former |
| Yale University | B.A. | Former |
| Council on Foreign Relations | member | Former |
| Organization | Position | Status |
|---|---|---|
| El.En. S.p.A. | Co-CEO | Current |
| El.En. S.p.A. | Board of Directors | Current |
| Cynosure, Inc. | Director | Current |
Ettore Biagioni has been a director since September 2005. Since 2004, Biagioni has been a managing partner of Alothon Group LLC, a private equity firm which he co-founded. From 1995 to 2004, he served as head of the Latin America Private Equity Group of Deutsche Bank/Bankers Trust Company. Biagioni serves on the boards of directors of several private companies.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Nantucket Conference | Current | |
| GSI Group Inc. | Director | Current |
| Tea Forte | Director | Current |
| Cynosure, Inc. | Board of Directors | Current |
| Energy Industry | Former |
Professor Leonardo Masotti has been a director since 2002. Masotti has been a full professor in electronics at the University of Florence, Italy since 1976, where he has also served as the director of the doctorate course in non destructive testing since 1989. Masotti has served as the president of the Research Consortium Centro Eccellenza Optronica in Florence, Italy since 1992. He is a member of the Regional High Technology Director Board (Florence) as well as the editorial board of "Fisica Medica." Masotti has been awarded 30 patents and is the author of 180 scientific and technical papers. Prof. Masotti's wife is a director of El.En.
| Organization | Position | Status |
|---|---|---|
| University of Florence | Professor | Current |
| Echommunity | Current | |
| Cynosure, Inc. | Director | Current |
| Antiage Institute | Director | Current |
Thomas Robinson has been a director since September 2005. Since 1998, Robinson has been the managing partner of the global Medical Technology Practice of Spencer Stuart, Inc., a global executive search firm. From 1993 to 1997, he served as president of the emerging markets business at Boston Scientific Corporation, a global medical devices manufacturer. From 1991 to 1993, Robinson also served as president and chief operating officer of Brunswick Biomedical, a cardiology medical device company.
| Organization | Position | Status |
|---|---|---|
| Cynosure, Inc. | Director | Current |
| Hbs Health Industry Alumni Association | Board of Directors | Current |
| Sanuwave,Inc | Board of Directors | Current |
| Boston Scientific Corporation | President | Former |
| Hbs Health Industry Alumni Association | M.B.A. | Former |
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