Introducing Adicep

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

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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

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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

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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

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The Opportunity

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

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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
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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)

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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

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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