Dr. TATTOFF®, Inc. Completes Successful Financing
BEVERLY HILLS, Calif., Jan. 13, 2011 /PRNewswire/ -- Dr. TATTOFF® Inc., the world's leader in laser tattoo removal, announced today that it recently completed the final closing of its $2 million financing, exercising an overallotment option resulting in almost $2.87 million in common stock subscriptions.
Forging ahead with plans for a multi-state expansion of its laser tattoo removal clinics using the proceeds of the financing, Dr. TATTOFF is finalizing construction of a new location in the Inland Empire area of Southern California which will open in February 2011, and plans to open multiple locations in Houston and Dallas, Texas later this year.
Dr. Will Kirby, Medical Director of Dr. TATTOFF, stated, "The world is ready for easy-to-access, highly effective laser tattoo removal. Our clinics are state of the art facilities staffed by licensed medical professionals with an elite level of training. Dr. TATTOFF has a reputation for providing consistent results in a comfortable environment and now we'll be bringing that to brand new markets in need of our services." Widely considered a leading authority on laser tattoo removal Dr. Kirby is also one of the most recognized faces on reality television. He is currently working with the Chairman of Dr. TATTOFF's Board of Directors and former Dean of Stanford Medical School, Dr. Gene Bauer, to finalize the recruitment of leading dermatology professionals to serve on the company's Medical Advisory Board.
In addition to Drs. Bauer and Kirby, the company's board is comprised of veterans of the healthcare industry including CEO John Keefe and substantial shareholders Joel Kanter and Gene Burleson who have collectively founded, operated and sold numerous healthcare companies for multi-billion dollar sums.
About Dr. TATTOFF® Inc. - Founded in 2004, Dr. TATTOFF®, Inc. provides safe, minimally invasive and affordable laser tattoo and hair removal services in a friendly, non-clinical atmosphere. Dr. TATTOFF® Inc. currently owns and operates three clinics in Southern California and has successfully performed more than 90,000 tattoo removal and hair removal procedures for over 12,000 patients. Having been featured by the New York Times, Los Angeles Times, Us Weekly, In Touch, CNN, ABC, LA Ink, Dr. 90210 and numerous other print, on-air and online media outlets, Dr. TATTOFF® is widely recognized as the world leader in laser tattoo removal. For additional information, please visit our website at www.drtattoff.com.
SOURCE Dr. TATTOFF, Inc
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