Business Notes PRODUCTS

A small Israeli company called Mepro is helping millions of women avoid the razor's edge. Mepro manufactures Epilady, a device that employs a rotating coil to grasp unwanted hair and pull it out at the root, leaving skin smooth for weeks. Introduced in 1986, Epilady (price for the basic model: $50) has already become a major Israeli export, with this year's worldwide retail sales expected to top $200 million. But the company faces competition from Smooth and Silky, a similar device launched this year by Remington Products.