Laser Energetics, Inc. (LNGT)

[G56B22]

Laser Energetics Receives a $550,000 Order for a Dental Laser System
Mercerville, NJ – January 29, 2008 – Laser Energetics, Inc. (Pink Sheets: LNGT) announced today that it has received an order for a fully developed , pre-production clinical laser system with an order value of $550,000. The laser system is based on Laser Energetics’ proprietary and patent protected Brightstar™ Alexandrite laser.
The order was placed by Hygenilase, Inc. Hygenilase is a newly-formed joint venture between Laser Energetics and Lantis Laser, Inc. of Denville, NJ (Pink Sheets: LLSR). Hygenilase, will market Laser Energetics’ BrightStar™ Alexandrite laser for the dental application of cleaning teeth below and above the gum line. Hygenilase, Inc. is owned equally by Laser Energetics, Inc. and Lantis Laser, Inc..



Now go read the 10-K filed by LLSR.


As of December 31, 2009, the Company has delayed the joint venture project with LEI due to failure on LEI’s part to comply with their end of the agreement as well as funding.


LOL