DenMat to acquire PeriOptix Inc.

December 12, 2012

DenMat, recognized for advanced clinical dental technologies and materials, recently announced its signing of a purchase agreement to acquire all outstanding stock of PeriOptix Inc., based in Escondido, Calif. The parties expect the deal to close soon pending fulfillment of routine closing conditions.

DenMat, recognized for advanced clinical dental technologies and materials, recently announced its signing of a purchase agreement to acquire all outstanding stock of PeriOptix Inc., based in Escondido, Calif. The parties expect the deal to close soon pending fulfillment of routine closing conditions.

PeriOptix is one of the industry's leading providers of high-quality magnification and illumination technologies for dental and medical professionals.

"PeriOptix is widely respected for its superior clinical vision solutions," said Steven Semmelmayer, CEO of DenMat. "From high-resolution lightweight loupes to the award-winning high-intensity Solaris™ LED headlight, PeriOptix empowers clinicians to see things better. Their innovative products are a perfect fit for dentists committed to exceptional restorative and other treatments."

Leading product solutions include the Air-X™super-light frame system designed to be worn over existing eyewear, MicroLine™ “through-the-lens" loupes, the Panoramic™and Hogie™ flip-up lines, and the popular high performance Adivista™ lightweight loupes featuring Adidas® sport frames.

"We are very excited that DenMat has selected us to join in its mission to enhance clinical performance by health care professionals through high-quality, innovative and differentiated products," said Keith Tholin, President and co-founder of PeriOptix. "Our strategy is to focus on our core competencies in optics and illumination, and to introduce only products with distinctive features and improvements over existing products on the market. We know DenMat will continue this legacy while leveraging its marketing reach and distribution network."

Since its founding, PeriOptix has introduced a number of innovations that include a modular frame system for loupes, the first portable LED light source, and a proprietary and patented locking mechanism designed to simplify the adjustment of flip-up style loupes.

DenMat, meanwhile, manufactures a broad range of cosmetic and restorative solutions as well as small equipment devices, available in the U.S. and more than 68 countries. LUMINEERS®, a contact-lens thin veneer system, is the flagship of DenMat's Smile Solutions portfolio, along with Snap-On Smile™ provisionals. The company recently became the exclusive distributor of the VELscope Vx® adjunctive oral cancer screening device.