The Perio-Imager is in the final stages of development and would be offered at a relatively modest price point to the dentist, currently estimated at less than $3,000, making it, in management's view, affordable for all dental offices. Perio's revenue model also incorporates a significant recurring revenue component with a usage fee for each patient exam.

Stan Baron, President and CEO of Lantis, said, "We firmly believe that there are strong synergies between the respective companies' technologies which could be sold in an integrated chairside platform or as standalone devices. With this combination, we expect that the new merged company would become a key leader not only in the area of early detection of decay but also of periodontal disease. Despite advances in dental health, these diseases are still very prevalent and trends towards early detection and minimally invasive treatment require a level of diagnostic capabilities not currently available." He went on to add that the new company will also benefit from synergies in senior management, operations and marketing, as well as access to a highly regarded Dental Advisory Board. 

"We are excited about the merger with Lantis as this creates a company with what we believe are the best solutions to enhance the dentists' ability to make earlier, more accurate diagnoses, better treatment plans and enhanced outcomes. Most critically, we believe that the combined company will offer a very attractive business model with a diverse set of technologies and quicker time to market," said Barry J. Berman, President and CEO of Perio-Imaging.

SOURCE Lantis Laser Inc.