Elemé Medical™ named as finalist in 5th annual "Stevie® Awards for Women in Business" : Stevie Award winners to be announced in New York City on November 14th

Elemé Medical Inc., a private venture-backed aesthetics company building a franchise in the body shaping market with an initial focus on treatment of cellulite with its FDA-cleared SmoothShapes® System, announced today that it has been named as a Finalist in the “Best New Company of the Year” category in the 5th annual “Stevie Awards for Women in Business”.

MERRIMACK, N.H. (Business Wire EON) October 22, 2008 -- Nicknamed "the Stevies" for the Greek word "crowned", the Stevie Awards for Women in Business honor women executives, entrepreneurs, and the companies they run. Winners will be announced during a gala event at the New York Marriott Marquis hotel on Friday, November 14th, 2008. More than 1,200 companies were considered among 50 award-categories, including "Best Executive", "Best Entrepreneur, and "Best Community Involvement Program".

Elemé Medical's first product to launch, SmoothShapes, uses a proprietary technology called Photomology® that features a unique mechanism of action combining dynamic laser and light energy with mechanical massage and vacuum. This process affects the tissue responsible for the appearance of cellulite—enlarged fat cells and inflexible collagen. SmoothShapes stimulates restoration of healthy cell activity by focusing on both the physical manifestations of cellulite and its underlying causes. Treatments provide improved appearance of cellulite with longer-lasting results that patients can see and feel.

"Elemé Medical is honored to be a finalist for 'Best New Company of the Year'. This award validates our dedication to providing women with market-leading, effective technologies for body shaping that can help alleviate concerns about their appearance and increase self-esteem. We have a team of exceptionally talented and dedicated employees who are committed to developing pioneering aesthetic devices," said Nancy M. Briefs, President and CEO.

About Elemé Medical™

Elemé Medical Inc., headquartered in Merrimack, N.H., is dedicated to providing market-leading technology in all areas of body shaping. SmoothShapes® System with pioneering Photomology® technology is a medical device with FDA clearance and CE Mark approval to market. The Company's name, when spoken phonetically, suggests "lasers, medicine and aesthetics." For more information, visit www.elememedical.com.