Aquamatrix, Inc., formerly Nesco Industries, Inc., along with its wholly owned subsidiaries, is engaged in the manufacturing, marketing, selling and distribution of hydrogel, an aqueous polymer-based radiation ionized gel, which is used in various medical and cosmetic consumer products. Hydrogel Design Systems, Inc. (HDS) and Foam Manufacturing, Inc. (FMI) are the wholly owned subsidiaries of the Company. FMI is engaged in the manufacture and sale of hydrophilic urethane foam products, polyurethane gels and moisture managed foam footwear inserts for use in the cosmetic, medical, and household markets.