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Soliton Out with News Tuesday

Soliton Inc (NASDAQ:SOLY) made waves in the medical community Monday.

The Houston-based company, a medical device company with a novel and proprietary platform technology licensed from The University of Texas on behalf of the MD Anderson Cancer Center, announced that it had partnered with a Maryland-based site as well as the supervising physician for its upcoming expanded pivotal Cellulite Trial. The trial builds upon the proof-of-concept trial conducted earlier this year.

Cellulite affects up to 90% of women and over a billion dollars per year is spent on treatment in the U.S. Results from our initial proof of concept clinical trial suggest the potential for a new approach to treating cellulite. In the proof of concept trial, the Soliton Rapid Acoustic Pulse device was applied to the surface of the patients' skin for a single 20-minute, non-invasive treatment.

The treatments required no anesthesia, caused no bruising, swelling or infection, and were evaluated by the trial participants as a "0" on a pain scale of 0-10 in 97% of the treatments. None of the patients experienced any post-treatment downtime.

The Soliton device used in this trial has not been reviewed or cleared by the FDA for marketing and, accordingly, none of the information in this press release is intended to promote the sale or use of the device. The device is not available for sale in the United States.

Shares dropped 13 cents, or 1%, to $13.68