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ZELTIQ Aesthetics, Inc. (ZLTQ) New Financing Agreement With CareCredit Means More Access

|Includes: ZELTIQ Aesthetics, Inc. (ZLTQ)

ZELTIQ Aesthetics is a medical technology company focused on developing and commercializing products utilizing its proprietary controlled cooling technology platform. Its first commercial product, the CoolSculpting System, is a non-surgical procedure designed to reduce stubborn fat bulges that do not respond to diet or exercise.

CoolSculpting is a procedure that has been cleared by the US Food and Drug Administration that gently cools unwanted fat cells in the body to induce a natural, controlled elimination of fat cells. It will reduce fat bulges in treated areas of the body without harming surrounding tissue. Physicians report a 95 percent patient satisfaction rate with the procedure.

The company today announced that it reached a new agreement with CareCredit, a leading healthcare credit card company, to provide payment options to patients. The new agreement will provide ZELTIQ Aesthetics nationwide network of more than 400 physicians to offer their patients special financing. CareCredit will provide payments options for patients to build cosmetic procedures such as CoolSculpting into their monthly budgets.

CareCredit has been in business for over 25 years and is currently accepted nationwide by over 150,000 medical providers. The company offers patients a revolving line of credit for all sorts of medical procedures. Satisfaction with both patients and medical providers is high for CareCredit as surveys have shown that more than 95 percent of patients and providers are pleased with the service CareCredit offers.

For further information about ZELTIQ Aesthetics and its CoolSculpting system, please visit the company's website at

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