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Introducing Adicep

Introducing Adicep. Our Mission. Developing and bringing to market innovations in metabolically efficient torso support, from simple braces to load carrying aids, to advanced walking systems – wherever quadriceps are insufficient, we will be there to offer needed support. What is Adicep?.

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Introducing Adicep

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  1. Introducing Adicep

  2. Our Mission • Developing and bringing to market innovations in metabolically efficient torso support, from simple braces to load carrying aids, to advanced walking systems – wherever quadriceps are insufficient, we will be there to offer needed support

  3. What is Adicep? • Angel funded medical devices startup • Comprised of MIT and Harvard educated engineers and leaders • Possess exclusive unlimited use of patent pending technology passed in from predecessor research project, Powered Prosthetics, Inc.

  4. Team Adicep • CEO: Nicholas Howard • MIT ’99 BS Management Science • 4 years as General Manager and IT developer of a recruiting firm introducing the use of Information management for competitive advantage • SVP engineering: John Rokosz • 20 years of experience: managed development organizations: hardware, software engineering services, compliance, ASIC, product verification

  5. Team Adicep • Chief technical advisor: Philip Carvey • 7 startup affiliations, most recently as founder, CTO, and VP engineering at Avici • Engineers: • Matthew Carvey • MIT ’05 BS Mechanical Engineering • Andrew Carvey • MIT ’03 BS Mechanical Engineering • (candidate) MIT ’06 MS Mechanical Engineering

  6. The Problem • Insufficient quad strength • General weakness (polio, muscle damage, age) • Excess load (obesity, armor) • Paralysis (including partial) • Existing solutions’ shortcomings • Limited terrain (difficulty on stair/slopes) • Extra work or massive power requirements • High cost to performance • Awkward gait

  7. The Opportunity • The underserved market • the elderly • stroke victims • the obese • excess load carriers • full body armor with A/C • new parents • backpackers

  8. Our core solution • Simply put: • a spring in series with a computer controlled clutch; • both in parallel with another computer controlled clutch • Allows storage of energy • usually lost during flexion • recycled during flexion • Energy savings exceed cost of carrying device • Braking • Dissipates excess energy under heavy load (walking downhill) • Decreases knee stress Conceptual model of Adicep joint

  9. Our Products • Phase 1: • ASM: Adicep Stance Master (“stance-control” uses) • ARA: Adicep Running Aid (non-medical uses) • Phase 2: • ASP: Adicep Support Platform (military/“human mule” applications) • APA: Adicep Prosthetic Adjuvant • Phase 3: • AWA: Adicep Walking Aid (bipedal solutions for paraplegics and beyond)

  10. Target Market (US numbers only) • Phase 1: • Existing orthotics candidates, particularly those who typically decide to forego them; 2M-4M • Stroke victims; 3M-6M • The obese; approching 10M • Phase 2: • Military; 100k-200k • Amputees; 1M-2M

  11. Bringing it to the customer • Licensing to existing orthotics distributors (Kingsley Manufacturing, Zimmer, etc.) • Direct to orthotists for custom fitting just the joint • Retail (non-medical – Brookstone, Sharper-Image, etc.) • Direct to consumer – head-to-head against the scooters

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