Microskin Celebrates Successful 2016 and Provides Corporate Update
(Thomson Reuters ONE) -
LONDON and BRISBANE, Australia, March 6, 2017 - Microskin plc (MLSKN:Euronext
Paris) provided today a recap of successful corporate activities in 2016.
Microskin has a personalized, color-matched line of waterproof, second skin
products that are currently used by people who want to conceal vitiligo,
rosacea, birthmarks, burns, eczema, lupus, keloid scarring, tattoos, and other
skin-related conditions. In addition, Microskin is in the process of regulatory
approval for Sunseal, a non-pigmented sunscreen that retains all the other
properties of the "second skin" product, including sweat proof, highly
waterproof, and long lasting.
"Last year we accomplished many our goals from expanding the international
footprint of our clinics that provide Microskin's 'second skin' products to
acquiring ISOCOL, one of Australia's most trusted and iconic brand, with a clear
plan and relationships for global distribution," said Barry Amor, chairman of
Microskin plc. "We are grateful for the support of our investors, and we are
looking forward to continued growth and success in 2017."
In December 2016, Microskin announced the acquisition of ISOCOL International.
The acquisition was finalized in February 2017 and an agreement with Nice Pak
Products was subsequently announced for the distribution of ISOCOL products in
Canada, China, and Singapore.
"ISOCOL Rubbing Alcohol Antiseptic is one of the most versatile products on the
market and has been a must-have product in Australian households, with a
multitude of applications from general cleaning to skin treatment," said Mr.
Amor. "Because of this acquisition we have an established channel to expand the
international distribution of ISOCOL as well as Microskin's retail lines of
sunscreens and other unique skin enhancement products into the UK and European
markets and open sales opportunities in India and Asia."
In August 2016, Microskin launched clinical and consumer iPhone apps to
personalize 'second skin' product for vitiligo and other skin-related
conditions. The first app is available through Apple's App Store. The second app
is for dermatologists and skin clinics and requires a specialized iPhone clip-on
device, which emits a signature light source to provide a comprehensive color
match. The specialized device and app is available through Microskin's clinical
partner program.
"Other apps do a simple paint-matching program which serves up a flat,
artificial color," explained Mr. Amor. "We took advantage of the excellent
computing and camera power of today's mobile devices to build a breakthrough app
that captures and calculates skin's reflective and translucent characteristics
to identify a person's true skin color. Once the app finds a skin color match,
the user can order second skin products directly through Microskin's online
store."
In May 2016, Microskin continued to expand the company's worldwide network, with
announcements of clinics opening in Toronto, Canada; Coimbatore, India; and
Riyadh, Saudi Arabia. Bringing the total to nine clinics around the world that
offer a personalized solution to create a color-matched, waterproof 'second
skin' to conceal or camouflage skin conditions. The six other clinics are in
Australia, Estonia, New Zealand, Turkey, and the United States.
"The great need for our world-leading second skin product has propelled the
expansion of Microskin's worldwide network of clinics to Canada, India and the
Middle East," said Mr. Amor. "People around the world are searching for second
skin solutions for something as simple as camouflaging a tattoo to the profound
effect of covering noticeable skin conditions like vitiligo, allowing our
clients to feel like themselves again."
Since the opening of its first clinic in Brisbane in 2005, Microskin has
assisted people from all over the world with skin-related conditions, including
vitiligo, birthmarks, burns, eczema, lupus, and keloid scarring. Vitiligo is a
condition where the skin loses color in blotches. Different than heavy
foundations or makeup, Microskin's second skin does not rub off, allows skin to
breathe, and lasts several days.
About Microskin plc
Founded in 2005, Microskin plc is a public company that develops simulated
second skin for a variety of cosmetic and medical uses. Microskin's simulated
second skin is the world-leading product that combines years of cosmetic
chemistry research with a proprietary color-matching software. Because
Microskin's second skin does not rub off, it is water-resistant and lasts for
several days. Each client receives an individualized product kit that can
easily be applied at home. For more information, please visit
http://www.microskinuk.com/.
MEDIA CONTACT: Jessica Yingling, Ph.D., Little Dog Communications Inc.,
jessica(at)litldog.com, +1.858.344.8091
SOURCE: Microskin, plc
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Microskin plc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 06.03.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 528223
Anzahl Zeichen: 5764
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Town:
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Kategorie:
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