CHICO, Calif. — BUSINESS WIRE — NuvoLase, Inc. a Delaware corporation, announced today Innoveas International Ltd., an investment firm located in the UK specializing in seed, startup, and early-stage investments worldwide, has acquired a minority holding in the company noted for its world-leading PinPointe FootLaser technology.

Steven P. Duddy, President, Chief Executive Officer and Chairman, NuvoLase, states, “I’m pleased to welcome our new shareholder and, specifically, Guido Hillebrands to our Board of Directors.”

NuvoLase Inc. is the world leader in light-based technology for the improvement in clear nail with patients with Onychomycosis, which affects approximately 5 to 18% of the global population.

Mr. Guido Hillebrands from Innoveas comments, “We are excited about NuvoLase, the technology and future direction of the company. Steve has done a great job of developing the product and the space. We are looking forward to the launch of new applications already in development and are committed to lending our expertise to the success of the organization.”

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