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After
the market closed on Tuesday, October 14th
Performance Health Technologies Appoints Former CFO of Time Warner Cable and Associated Press to Board of Directors!
There is important breaking news coming from Performance Health Technologies, Inc. (OTCBB: PFMH), and investors are urged to monitor the stock closely this morning! Yesterday after the markets closed, the company issued a press release announcing that it has appointed Tommy J. Harris to its board of directors.
This could prove to be a great addition for the company! Mr. Harris, a resident of Weston, CT who holds a CPA certificate, brings significant operational and financial experience, with close to 40 years of finance, operations and business development experience. He is currently serving as Chief Financial Officer and a member of the Board of Directors for Vigilant Solutions, LLC (Vigilant). Mr. Harris is also a private sector participant in the Transportation Security Administration's Registered Traveler Program.
The press release states: Prior to joining Vigilant, Mr. Harris served as Senior Vice President and Chief Financial Officer of Associated Press, the world's largest news organization . Past experience also includes serving as Chief Financial Officer and Chief Operating Officer at Remote Management Systems, Inc. Previous positions span nearly 20-years in top posts with AOL Time Warner Inc., including, Chief Financial Officer of Time Warner Cable, an $8 billion media and Telecommunications Company, with 40 operating divisions and more than 30,000 employees . Mr. Harris also previously managed general audits and SEC compliance requirements for domestic and international clients during his tenure at Price Waterhouse & Co.
"PHT's Core:Tx® rehabilitation system is an impressive combination of technological innovation, clinical knowledge and understanding of patient needs," said Harris. "I am excited about the company's potential and pleased to contribute to their continued growth."
Investors are urged to continue to monitor the progress of the company!
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CORPORATE PROFILE |
Performance Health Technologies, Inc. develops and markets performance evaluation and rehabilitation products that monitor and guide exercise and give real-time motivational feedback. Over the past nine years, our medical and computer experts have brought together advanced software and medical technology in order to create MotionTrack™, our versatile proprietary technology platform. MotionTrack technology is the core of our device and computer software system that tracks and monitors motion and movement in real-time, providing instant visual feedback to the user. Our goal is to transform the way individuals exercise, train, and rehab from injuries by creating innovative products using MotionTrack™ that merge technology with exercise for more efficient and controlled therapy, injury recovery, and personal training and fitness.
Performance Health Technologies products have been tested, accepted, and endorsed by leaders in the medical, rehabilitation and athletic communities. The Company's SportsRAC® Shoulder, Knee and Forearm systems have been installed in physical therapy clinics, and university athletic departments and with professional sports teams throughout the United States and Canada, while our Core:Tx® follow-up has gained interest from a diverse field of individuals from orthopedic surgeons and neurologists, to occupational and physical therapists, as well as speech pathologists.
The evolution of PHT rests in the inherent versatility designed into the MotionTrack™ technology and affords us the opportunity to explore numerous additional markets, including personal fitness, athletic training, and occupational health and safety. Future products will revolutionize the way individuals think about their personal health and fitness, and will reinvent they way they exercise and train. |
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TECHNOLOGY |
MotionTrack™ is the platform technology designed to leverage the unique features of our proprietary software and algorithms. MotionTrack combines these algorithms with wireless inertial senso r technology to capture and output human motion data creating a broad spectrum of potential applications.
Core:Tx® is a patent-pending wireless system built on our innovative MotionTrack™ platform. It combines hardware and software operating on a personal computer (PC). Its key hardware is a small soap bar-sized device that can be attached anywhere on a user's body with adjustable straps. This device, based on MotionTrack technology, uses a gyroscope to sense the user's limb motion relative to the user's joint and continuously transmits that information wirelessly to the PC software. The software provides motivating and informational feedback to the user via an entertaining and game-like interface. At the end of each session, the user is provided with a score. The system is particularly aimed at aiding neuromuscular reeducation while strengthening muscles throughout an adjustable range of motion. Core:Tx is a versatile tool that is compatible with and enhances existing rehabilitative, preventative, and strengthening protocols and equipment that all enable neuromuscular re-education.
The company's engineers work tirelessly to develop the latest tools that will keep company's cutting-edge technology relevant and exciting. Future products will include internet enabled software and hardware systems that allow users even more flexibility with their exercise routines, whether rehabbing from an injury or condition, or building strength and coordination. |
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PRODUCTS |
The current Core:Tx® product line features dynamic therapy tools for use by professionals in a clinical setting, or more simplified programs for use in the home by individuals.
Product Line:
Core:Tx for Professionals: This package consists of two pieces of software combined with our motion-sensing hardware for an advanced therapy tool. Clinicians can create customized exercise routines for each patient, with full ability to modify and change the routines based on a patient's progress.
Core:Tx Home Therapies: The company seeks to create a seamless transition from formal rehabilitation to the home, where many patients can continue to work toward their goals. Future PHT products will include internet-enabled software, allowing patients to continue to receive objective feedback from their therapist on their progress. PFMF currently offers Core:Tx for Stroke Survivors, but plan to develop further customized products for other neurological and motor control conditions and injuries for use in the home.
- Core:Tx for Stroke Survivors - Stroke survivors can now exercise in the comfort of their own home, without the supervision of a therapist. With an informative exercise User Guide, stroke survivors can choose from preset activities designed to suit the specific needs of stroke patients, and work their way to a functional outcome on their own time and at their own pace.
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Now Is The Time To Research PFMH. While The Market Fluctuates The Best Deals In The Medical
Sector Are More Affordable Then Ever! |
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