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FOR IMMEDIATE RELEASE

NEW STAR LASERS ANNOUNCES REACQUISITION OF COOLTOUCH LASER SYSTEMS

Roseville, CA - February 27, 2003. New Star Lasers, the original designer and manufacturer of the CoolTouch laser system, announced today that it has completed its reacquisition of the assets of CoolTouch Corporation, notably the CoolTouch II and VARIA(, from ICN Pharmaceuticals, Inc. As a result of this transaction, New Star Lasers dba CoolTouch Inc. regains control and responsibility for all functions related to the premier non-ablative laser technology, including marketing, manufacturing, technical service and customer support.

Nina Davis, New Star Laser's President stated that "this agreement allows us to bring CoolTouch back home and reinstate it to its leadership position in the aesthetic marketplace." Ms. Davis added "with these assets, we can now provide our customers a portfolio of new cutting-edge solutions that are slated to launch this year."

Clinical advances to be introduced this year at major medical meetings include expanded functionality of the CoolTouch platform and a novel light-based technology to treat a growing number of skin conditions. New Star Lasers has also retained a core group of multi-talented and dedicated professionals to focus on a quick return to the high level of service previously experienced by CoolTouch customers.

"The reacquisition is an important step and a positive development that enables CoolTouch to more effectively meet customer demand for both its established products and new technology," said Robert Weiss, M.D., Assistant Professor of Dermatology at Johns Hopkins University School of Medicine in Baltimore, MD.

"It also helps accelerate the scientific research and development that has been under investigation for the past year or so at New Star Lasers," added Dr. Weiss, who is considered a pioneer in breakthrough technology for the laser industry and led the initial clinical studies for CoolTouch collagen remodeling.

About CoolTouch

CoolTouch N.I.C.E.( (Non-Invasive Collagen Enhancement) Skin Treatments are the first non-invasive process to stimulate the production of new collagen to reduce fine lines and wrinkles and combat the visible signs of aging with no downtime.

Launched in 1996, the first CoolTouch laser incorporated proprietary non- ablative technology with dynamic cooling and a unique thermal feedback mechanism to provide a process for selectively targeting and stimulating collagen-producing fibroblasts in the upper dermis. The end result is a softening of wrinkles and a healthier, refreshed appearance.

About New Star Lasers, Inc.

New Star Lasers, Inc., located in Roseville, California, designs, manufactures, and markets light-based Aesthetic, Surgical, and Cardiovascular products with a firm commitment to continuing innovation, excellent customer service, and sustainability as a business.