no!no!(TM) Hair Named Finalist for the "Most Innovative Product" Award at the 2011 HSN Partner Recognition Gala

no!no!(TM) Hair Named Finalist for the "Most Innovative Product" Award at the 2011 HSN Partner Recognition Gala

ORANGEBURG, N.Y., March 15, 2012 /PRNewswire/ -- Last week, multi-channel retailer HSN announced the finalists for its annual awards at the HSN 2011 Partner Recognition Gala, held at the Renaissance Vinoy Resort & Golf Club in St. Petersburg, Florida. Radiancy, Inc., parent company of the no!no!(TM) family of products, is pleased to announce that no!no!(TM) Hair earned the nomination of "Most Innovative Product," an award created to celebrate solutions and technologies that are both aspirational and accessible.

"HSN has been an integral part of our retail success, and we are honored to have been recognized for our innovative product at this year's HSN Awards Gala," said Dr. Dolev Rafaeli, President and CEO of Radiancy, Inc. "We look forward to continuing a strong and growing relationship with HSN, and are proud to call them our partners."

Each year, as part of HSN's annual partner recognition program, HSN awards the most remarkable Partner contributions of the year at their annual awards gala. Out of 1,200 eligible partners, over 200 nominations were submitted across all categories in 2011. Each nomination was carefully reviewed by a senior selection committee, comprised of VP and SVP leaders, and the HSN Executive Committee, to determine the finalists for each category.

Radiancy, Inc., a subsidiary of PhotoMedex (NASDAQ: PHMD) and a global leader for medical and aesthetic light-base systems, created no!no!(TM) Hair to answer the ever-growing demand for professional, pain-free long-lasting hair removal that can be performed in the comfort and convenience of the home. This revolutionary product innovation offers a solution to unwanted hair of all types and colors, by instantly removing hair and reducing the rate of hair regrowth with no pain, no mess and no chemicals. Based on the patented and exclusive Thermicon(TM) technology, no!no!(TM) uses heat to remove hair and get long-lasting results over time, making it universally safe and effective for everyone. Since launching with HSN, Radiancy, Inc. has sold over 260,000 no!no!(TM) devices to HSN customers and over 2,500,000 devices worldwide and has become one of the leading beauty brands on HSN.

ABOUT PhotoMedex

PhotoMedex is a global skin health company providing integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers. The company provides proprietary products and services that address skin diseases and conditions including psoriasis, vitiligo, acne, actinic keratosis (a precursor to certain types of skin cancer) and photo damage. Its experience in the physician market provides the platform to expand its skin health solutions to spa markets, as well as traditional retail, online and infomercial outlets for home-use products. As a result of its December 2011 merger with Radiancy Inc., PhotoMedex has added a range of home-use devices under the no!no!(TM) brand, for various indications including hair removal, acne treatment and skin rejuvenation. The company also offers a professional product line for acne clearance, skin tightening, psoriasis care and hair removal sold to physician clinics and spas.

ABOUT Radiancy, Inc.

Radiancy, Inc. is a leader in the medical and aesthetic skin care market. Their core belief that everyone is entitled to quality skin care has driven them to redefine expectations in order to deliver smart skin solutions to the wide range of professionals and consumers possible.

Radiancy opened its doors in 1998 with an idea and a vision; to make quality light-based skin care available for everyone. Within a few years, Radiancy revolutionized phototherapy with the introduction of Light & Heat Energy (LHE) technology, with their premier system, SpaTouch, offering a safer, more efficient photoepilation process. By 2002, Radiancy had captured an unprecedented 37% of the market share and took its place as a global leader for medical and aesthetic light-base systems. Radiancy then adapted LHE to develop a line of LHE MicroPhototherapy products. Radiancy is also the home of the no!no!(TM) family of products.

ABOUT no!no!(TM)

no!no!(TM) products adapt professional technology to be used at home by the consumer. Beginning with the no!no!(TM) hair removal system, using revolutionary Thermicon(TM) technology, no!no!(TM) delivers professional, pain-free hair removal that's safe for all skin types and hair colors. the no!no!(TM) family has grown to include no!no!(TM) Skin for acne clearance and no!no! Smooth, a unique skincare line with Capislow(TM), that slows the rate of hair growth.

ABOUT HSN

Headquartered in St. Petersburg, FL, HSN is a leading interactive multichannel retailer, offering a curated assortment of exclusive products and top brand names to its customers. HSN incorporates entertainment, inspiration, personalities and industry experts to provide an entirely unique shopping experience. At HSN, customers find exceptional selections in Health & Beauty, Jewelry, Home/Lifestyle, Fashion/Accessories, and Electronics. HSN broadcasts live to 96 million households in the US in HD 24/7 and its website - hsn.com - is a top 10 most trafficked e-commerce site, featuring more than 16,000 product videos. Mobile applications include HSN apps for iPad, iPhone and Android. HSN, founded 34 years ago as the first shopping network, is an operating segment of HSN, Inc. For more information, please visit HSN.com, or follow @HSN on Facebook and Twitter.

SOURCE PhotoMedex

PhotoMedex

CONTACT: Liz Mefford, Rpr Marketing Communications, +1-212-317-1462, Liz.Mefford@rprmc.com or Kim Golodetz, LHA, +1-212-838-3777, KGolodetz@lhai.com

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