Investors
Executive Summary
Biosign Technologies Inc. is a Markham ON based manufacturer and distributor of innovative health monitoring systems that employ proprietary server based algorithms to generate meaningful results, a technology we call Cloud Diagnostics™.
Our business model can be summarized as follows: "Generate subscriber revenue by supplying valuable health & wellness services delivered over the Internet through proprietary cloud-based software, leveraging data supplied by proprietary and non-proprietary hardware."
Products We Sell
The Biosign Pulsewave™ Monitor is an end-to-end solution for noninvasive monitoring, analysis and reporting of health data. The Pulsewave™ cuff painlessly captures the pulse waveform from the radial artery and transmits it to the cloud through a computer. Our algorithms analyze the data in seconds to report blood pressure and other vital sign measurements. Online Pulsewave™ analysis & reporting tools give patients & healthcare providers secure access to real-time & recorded health information.
Healthanywhere™ provides solutions addressing the complete continuum of care, wellness promotion, self-managed care and chronic disease management. Our innovative, simple-to-use solutions allow professional caregivers to remotely monitor vital signs including blood pressure, O2 saturation, weight, lung capacity and blood sugar. Two-way communication capabilities allow nurses to send patients medication reminders, exercise plans, health-related videos & information, nutrition plans, and much more. Using an optimized touchscreen PC and integrated third-party, FDA approved medical devices, Healthanywhere automatically and seamlessly gathers the most relevant medical data including blood pressure, pulse rate, O2 saturation, weight, BMI and (with a licensed operator present), blood glucose and cholesterol. Users have secure access to their patient profile, stored on Biosign servers and health data can also be shared through our professional portal. This platform is optimized for screening, early detection, assessment and wellness promotion purposes in retail locations including pharmacies, fitness centers and schools.
Markets We Serve
Biosign sells our products in Canada, the United States, Europe and the Middle East. Our key customers include medical facilities like doctors, dentists, hospitals and nursing homes, as well as universities, large employers and healthcare service providers. We work with several active distribution partners:
Denovo Medical Inc is presenting Healthanywhere solutions to their major pharmacy clients. Their customers use our Health Station to monitor employees at large companies, and they have plans to install our health stations in Canadian pharmacies in 2013.
Trapollo LLC will present Healthanywhere solutions to large employers in the United States, starting in January 2013. Trapollo’s customers are interested in a comprehensive employee wellness program that includes a Health Kiosk that provides secure smart-card access to employees, as well as remote access to employee health reports through a secure web interface.
Dominion Medical Inc sells our Heart Friendly Dentist program to dentists and other clinicians in eastern Canada. Heart Friendly Dentists are committed to screening their patients by assessing their blood pressure with Pulsewave devices.
ALQAEM Healthcare sells our products in the Middle East, North Africa and India. Currently ALQAEM is finalizing import approval for Biosign Pulsewave into the Gulf region, as well as presenting Pulsewave and Healthanywhere products to hospitals in India, where remote patient monitoring is an expanding business.
MEDVEC International sells our products in the European Union. Our Healthanywhere solution has been popular in the United Kingdom where it has been used to remotely track employees’ blood pressure, resulting in large savings for local payers. This program expands to Germany in 2013.
With these distribution relationships reaching full operation in 2013, sales of Biosign products are expected to rise substantially.
Biosign’s internal sales team is also hard at work, with new customers in various stages of the sales process in both Canada and the United States.
Our marketing efforts are supported by alliances with key suppliers and stakeholders including government departments, charities and not-for-profit organizations.
Forward Looking Statements
This summary may contain material information & forward-looking statements. You agree to comply with applicable securities laws. Note that actual results could vary materially from the financial information and/or estimates contained herein. For a discussion of the factors that could cause actual results to vary from these forward-looking statements, please see our filings with the Securities & Exchange Commission and Canadian securities regulatory authorities at www.sedar.com.
