HairMax LaserComb Expands Internationally With Distribution In Iraq

Lexington International, LLC is pleased to announce the continuation of its expansion effort internationally with the availability of the HairMax LaserComb in Northern Iraq.

Dec 2010

Lexington International, developer and manufacturer of the revolutionary HairMax LaserComb ®, is pleased to announce that it has entered into agreement with Dr. Besaran Fattah, a diplomat of the American Board of Hair Restoration Surgery to distribute the HairMax to medical and consumer audiences in Iraq.

The HairMax is the only home use laser phototherapy device that has been proven effective for the treatment of certain classes of hereditary hair loss in males and is FDA Class 2 Cleared for marketing.

This agreement will facilitate the introduction of the HairMax LaserComb into the growing hair care market in Iraq and will help establish Lexington as a leader in the growing hair care market in that country. Also, the availability of the HairMax in Iraq will expand the overall availability of the device in Middle Eastern markets.

This introduction continues the company’s international expansion strategy to offer effective therapies to a wider audience of people around the world with hair loss.

According to independent reports, the hair care market of GCC member countries that Iraq will soon rejoin, registered sales of almost USD600 million in 2010 and is expected to grow the almost USD 700 million by 2014 or a 16% increase.

Hair care is one of the fastest growing segments in GCC member countries and that is why Lexington considered this an ideal time to expand availability of the HairMax to Iraq which will soon be part of the Council.

David Michaels, Managing Director of Lexington said, “The hair care markets of the GCC countries are expected to experience excellent growth and we are pleased to be able to introduce an effective treatment for hair loss into that important area of the world”. Mr. Michaels further stated: “Hair loss is a universal concern and Lexington is dedicated to expanding its international presence to help enrich the lives for as many people as possible all over the world afflicted with hair loss”.

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